Agency
Which statement best describes a subagent?
AAn agent who directly represents a buyer
BAn agent of an agent who owes duties to the principal of the original agent✓ Correct
CA licensee who works for both buyer and seller
DAn unlicensed assistant to a broker
Explanation
A subagent is authorized by the original agent to assist in carrying out the agency duties. The subagent owes fiduciary duties to the original principal (e.g., the seller in a listing situation).
Related Massachusetts Agency Questions
- In Massachusetts, a buyer who receives false information from a listing broker (who represents the seller) may have a claim against the listing broker for:
- Under Massachusetts agency law, a designated agency arrangement allows:
- A Massachusetts buyer's agent who learns their buyer is under financial pressure to close quickly should:
- Under Massachusetts law, a listing broker must disclose to prospective buyers:
- In Massachusetts, 'ratification' of an agent's unauthorized act by the principal means:
- Under Massachusetts law, can a buyer's agent also represent another buyer interested in the same property?
- A Massachusetts buyer's agent representing a client on a purchase of a commercial property notices environmental concerns on the adjacent lot. The agent should:
- Under Massachusetts law, a buyer's agent owes which duty to the seller (the non-client)?
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