Broker answersa prope - Study guides, Class notes & Summaries
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Champion School of Real Estate- Law of Agency Correct Questions & Answers!!
- Exam (elaborations) • 11 pages • 2023
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Broker - ANSWERSA Properly Licensed party who serves a principal in an agency relationship 
 
Agency - ANSWERSA fiduciary relationship between a broker and a principal or a broker and a client 
 
Fiduciary - ANSWERSA Party acting for another in a position of trust-a broker or agent 
 
Fiduciary Relationship - ANSWERSThe relationship based on trust-the relationship governed by the law of the agency between a broker and a principal 
 
Principal - ANSWERSA party represented by a broker in an agency...
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