Agency
Under Michigan law, which of the following would automatically terminate an agency relationship?
AThe agent going on vacation
BDeath of the principal✓ Correct
CThe agent accepting another listing
DThe property value declining
Explanation
Death of the principal (client) automatically terminates an agency relationship by operation of law. An agent cannot continue to represent someone who is deceased.
Related Michigan Agency Questions
- In Michigan, an agent who tells a prospective buyer 'this is the best deal you'll ever find' without verifying specific facts is engaging in:
- In Michigan, a listing broker who has no buyer's agency agreement with a buyer is acting as:
- A Michigan listing agent's implied authority includes all of the following EXCEPT:
- In Michigan, 'apparent authority' of an agent occurs when:
- In Michigan, a buyer's agent who discovers the seller has concealed material defects is required to:
- In Michigan, a real estate agent is an 'independent contractor' of the broker for tax purposes. This means:
- In Michigan, 'broker reciprocity' in MLS allows:
- In Michigan, when multiple offers are received on a property, the listing agent should:
Practice More Michigan Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Michigan Quiz →