Under Louisiana Civil Code, a 'mandate' in real estate is analogous to:
Correct Answer
B) An agency relationship where one person (mandatary/agent) acts on behalf of another (mandator/principal)
In Louisiana Civil Code, the concept of 'mandate' (Civil Code Art. 2989) is the equivalent of common-law agency. The mandatary (agent) acts on behalf of the mandator (principal) under their authority.
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Related Topics & Key Terms
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Related Concepts
The fiduciary obligations owed by a listing agent to the seller, including marketing the property, presenting all offers, and protecting the seller's confidential information.
A practice where the agent or brokerage represents only one party in a transaction — either the buyer or the seller, but never both.
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.
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