Phrases with «agency agreement»

An agency agreement refers to a legal arrangement between two parties, where one party (the agent) agrees to act on behalf of the other party (the principal) to carry out certain tasks or make decisions. This agreement outlines the responsibilities of the agent, the authority they have been given by the principal, and any potential compensation or commission they may receive for their services. Full definition

Related phrases

Sentences with «agency agreement»

  • A buyer becomes a client of a real estate brokerage firm by signing a formal buyer agency agreement with the brokerage firm. (viewsouthcarolinarealestate.com)
  • You may choose to release them from paying because they've indicated they'd refer business your way or because they've signed a buyer agency agreement with you to purchase a new property. (realtormag.realtor.org)
  • At the same time, all three licensees also entered into a limited dual agency agreement with the seller and buyer. (recbc.ca)
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