Seller Torres has an exclusive right-to-sell listing with Broker Adams. Torres discovers that Adams has been advertising the property with incorrect square footage, overstating it by 200 sq ft. Torres demands correction and considers terminating the listing. Under Texas law, what are Torres' options?
Correct Answer
D) Torres may demand immediate correction and may have grounds to terminate due to the broker's breach of duty
Advertising incorrect property information is a breach of the broker's duty of care and accuracy. Torres may demand immediate correction and may have grounds to terminate the listing agreement based on the broker's breach. Torres may also file a TREC complaint.
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Related Topics & Key Terms
Key Terms:
Related Concepts
The legal principle that holds a broker responsible for the actions of their agents and employees performed within the scope of the agency relationship.
An agency relationship created when a principal's actions or words lead a third party to reasonably believe that an agent has authority, and the principal fails to correct this belief.
An agency relationship created when a principal approves or accepts an agent's previously unauthorized actions, effectively granting authority after the fact.
More Texas Agency Law Questions
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In Texas, a sales agent who is assigned by the intermediary broker to communicate with and carry out instructions of one party in a transaction is known as a(n):
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