P1: Agency Law of Contract (P106S0746)
Credit Hours
2 Professional Credits
Course Synopsis
This CPD COURSE will help real estate salespersons to know the contractual roles and obligation they (and their affiliated agency) play in commercial and residential transactions.
Expected Learning Outcomes
- Introduction to law of agency
- Definition of agency
- Agency contrasted with other relationships
- Creation of agency
- Ratification
- Relationship between the principal and agent
- Relationship between the agent and third party
- Undisclosed agency
- Breach of warranty of authority
- Termination of agency
- CEA’s disciplinary process when estate agents default their legal duties
- CEA’s case studies