Agency
Which of the following statements about subagency in Mississippi is MOST accurate?
ASubagency is prohibited by Mississippi law
BA subagent represents the seller but works with the buyer, creating potential conflicts✓ Correct
CA subagent represents the buyer in all transactions
DSubagency automatically applies in all MLS transactions
Explanation
A subagent of the seller represents the seller's interests but works with the buyer to facilitate the transaction. This creates potential conflicts because the buyer may believe the agent is representing their interests.
Related Mississippi Agency Questions
- Under Mississippi law, the duty of accounting requires an agent to:
- A Mississippi listing agent receives an offer on their listing. The seller is traveling and difficult to reach. The agent should:
- A Mississippi listing agent receives an unsolicited offer directly from a buyer (no buyer's agent). In handling this situation, the listing agent should:
- A Mississippi real estate agent who holds a power of attorney to sign documents on behalf of an absent seller must:
- A Mississippi real estate team led by a team leader includes three buyer's agents. All team members are licensed under the same supervising broker. A buyer signs a buyer agency agreement with one team member. Who is the buyer's agent of record?
- Which of the following BEST describes 'vicarious liability' in a Mississippi real estate brokerage context?
- In Mississippi, a seller's agent who discovers environmental contamination on the listed property has a duty to:
- Dual agency in Mississippi requires all of the following EXCEPT:
Practice More Mississippi Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Mississippi Quiz →