Agency
What is an agency coupled with an interest in real estate?
AAn agency where the agent has a financial interest in the property
BAn irrevocable agency where the agent has a property interest that cannot be terminated by the principal✓ Correct
CAn agency where both parties share the commission
DA dual agency situation
Explanation
An agency coupled with an interest exists when the agent has a proprietary interest in the subject matter of the agency (such as holding a mortgage on the property). Unlike normal agencies, the principal cannot revoke it without the agent's consent.
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