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AgencySeller_agency_listing_subagency_and_dutiesHARD

Choose the North Carolina concept that fits this description about seller agency, listing agreements, and subagency. Choose from the options using this description. Description: A broker who represents the seller through another firm's relationship structure and still owes the seller fiduciary duties.

Correct Answer

C) Seller subagent

Seller subagent

Answer Options
A
County assessor
B
Closing attorney
C
Seller subagent
D
Buyer customer

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Background Knowledge for Agency

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Related Topics & Key Terms

Key Terms:

definitiondifficulty_5nc_agency_brokerage_relationshipsnc_statenorth_carolinaseller_agency_listing_subagency_and_dutiessubagencytiming_forms_exceptions_and_authority

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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