Agency
Vermont's 'agency relationship by implication' can arise when:
AOnly when a written agency agreement is signed
BAn agent's words or conduct lead a reasonable person to believe an agency relationship exists✓ Correct
CThe agent shows a property to a buyer
DThe buyer pays the agent directly
Explanation
Agency can be created by implication when an agent's conduct or statements create a reasonable belief in the client's mind that an agency relationship exists, even without a formal written agreement.
Related Vermont Agency Questions
- Vermont's agency law recognizes which of the following as creating an implied agency relationship?
- A Vermont licensee who is a transaction broker (facilitator) owes the parties:
- An agent's duty of obedience in Vermont requires the agent to:
- Vermont agency relationships may be terminated by:
- Which of the following actions by a Vermont agent is an example of a breach of the duty of 'obedience'?
- The duty of 'obedience' in a Vermont agency relationship means the agent must:
- When a Vermont listing agent represents a seller in a transaction where they also represent the buyer (dual agency), the agent's ability to negotiate is:
- If a Vermont real estate agent is representing a buyer and the buyer discloses their maximum purchase price, the agent should:
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