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AgencyTermination_of_agencyEASY

Agency relationship terminates by all of the following EXCEPT:

Correct Answer

C) Agent referring the client to another agent

Referring a client to another agent does not terminate the agency relationship — the original agent remains the agent of record unless the relationship is formally ended. Agency terminates by expiration, mutual consent, death or incapacity of a party, completion of purpose, or operation of law. A mere referral does not sever the agency.

Answer Options
A
Expiration of the listing agreement
B
Mutual consent of the parties
C
Agent referring the client to another agent
D
Death of the principal

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Background Knowledge for Agency

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Related Topics & Key Terms

Related Topics:

MEDCIabandonmentfiduciary-duty

Key Terms:

terminationMEDCIabandonmentfiduciary duty

Related Concepts

A relationship where a listing broker authorizes other brokers to act as agents of the seller, extending the seller's agency relationship to cooperating brokers.

A non-agency relationship where the broker facilitates a real estate transaction without representing either party, owing limited duties of honesty, fairness, and competence to both.

The legal principle that holds a broker responsible for the actions of their agents and employees performed within the scope of the agency relationship.

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