Nonagency - Study guides, Class notes & Summaries
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Alabama Real Estate Exam Questions and Answers 2023 with complete solution
- Exam (elaborations) • 19 pages • 2023
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Alabama Real Estate Exam Questions and Answers 2023 with complete solution 
 
Special or Specific Agency 
The Principal gives the agent authority to do one specific thing-sell property. They enter into a contract that stipulates how the task will be done-multiple listings of the property, commission paid etc. 
General 
Principal and agent enter into a contract giving the agent the authority to conduct several activities-show property to renters, check references and negotiate leases. 
Designated...
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Alabama Real Estate Exam Questions and Answers Already Graded A
- Exam (elaborations) • 47 pages • 2023
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Alabama Real Estate Exam Questions and Answers Already Graded A Special or Specific Agency The Principal gives the agent authority to do one specific thing-sell property. They enter into a contract that stipulates how the task will be done-multiple listings of the property, commission paid etc. 
General Principal and agent enter into a contract giving the agent the authority to conduct several activities-show property to renters, check references and negotiate leases. 
Designated agency A dual a...
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