Agency
In Rhode Island, 'ostensible agency' (or apparent agency) can arise when:
AA written agency agreement is signed
BA principal's conduct leads a third party to reasonably believe an agency relationship exists, even if none was formally created✓ Correct
CA court appoints an agent
DA salesperson acts without a broker
Explanation
Ostensible (apparent) agency arises when a principal's words or conduct, without formal authorization, lead a third party to reasonably believe that an agency relationship exists. The principal may be bound by the apparent agent's acts.
Related Rhode Island Agency Questions
- A buyer's agent is showing a property listed by another broker in their office. Which type of agency situation arises within the same brokerage?
- In an exclusive right-to-sell listing, the listing broker earns a commission if the property sells:
- In Rhode Island, the agency disclosure form must be provided to a prospective buyer or seller:
- In Rhode Island, a buyer's agent who also represents the seller in the same transaction without full disclosure and consent is engaging in:
- What is a 'designated agency' arrangement in Rhode Island?
- A Rhode Island agent who represents neither the buyer nor the seller, but assists both parties with the transaction, is acting as a:
- A seller instructs their listing agent to conceal a known roof leak from buyers. The agent should:
- Apparent authority in agency arises when:
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