Agency
A West Virginia buyer's agent who discovers after signing the buyer representation agreement that the buyer intends to use the property for an illegal purpose should:
AProceed with the transaction to earn the commission
BTerminate the agency relationship since agents cannot facilitate illegal activities✓ Correct
CReport the buyer to the WVREC for investigation
DRenegotiate the buyer representation agreement to exclude liability
Explanation
An agent cannot facilitate illegal activities. Discovering that a client intends to use property for an illegal purpose obligates the agent to terminate the representation rather than assist with the transaction.
Related West Virginia Agency Questions
- Under West Virginia agency law, an agent's authority to act on behalf of a principal can be terminated by:
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