Agency relationship definition

Agency relationship means the agency relationship created under this chapter or by written agreement between a licensee and a buyer and/or seller relating to the performance of real estate brokerage services by the licensee.
Agency relationship means the agency relationship created

Examples of Agency relationship in a sentence

  • Agency relationship exists whenever an individual or organization (the agent) acts on behalf of another (the principal).


More Definitions of Agency relationship

Agency relationship means the fiduciary
Agency relationship means the
Agency relationship means each relationship in which a licensee acts for or represents another person with the person’s authority in a residential real estate transaction.
Agency relationship means a written agreement between a real estate firm and a buyer or a seller relating to the performance of real estate brokerage services. Under existing statute, the written agreement between a broker and a buyer or seller is in effect until the earliest of the following:
Agency relationship means the fiduciary relationship created solely by an express written agency agreement between a person and a brokerage, authorizing the brokerage to act as an agent for the person according to the scope of authority granted in that express written agreement for real estate services subject to the jurisdiction of the commission;
Agency relationship or "brokerage relationship" means the legal or contractural relationship between a person and a brokerage in a real estate transaction subject to the jurisdiction of the commission;
Agency relationship means any relationship undertaken within the terms or under the authority of Section 45-2-614(e) of Tennessee Code Annotated.