RE-121 Chapter Eight Crossword Puzzle.pdf

RE-121 Chapter Eight Crossword Puzzle Real Estate Agency Law 1 2 3 6 4 5 7 8 9 10 11 12 ACROSS 4 An agent of an agent. 7 A ____ agency, one agent works for both the buyer and seller 10 A third _____ is person seeking to deal with the principal through the agent. 11 When the principal gives approval...

RE-121 Chapter Eight Crossword Puzzle Real Estate Agency Law 1 2 3 6 4 5 7 8 9 10 11 12 ACROSS 4 An agent of an agent. 7 A ____ agency, one agent works for both the buyer and seller 10 A third _____ is person seeking to deal with the principal through the agent. 11 When the principal gives approval to unauthorized actions after they are performed, creating an agency relationship after the fact. 12 A ______ defect is a hidden defect, one that isn't discoverable by ordinary inspection. 13 When the principal allows a third party to believe an agency relationship exists, so that the principal is legally precluded from denying the agency. 13 DOWN 1 A negligent or intentional wrongful act involving breach of a duty imposed by law. 2 Someone who holds a special position of trust and confidence in relation to another. 3 A fact that, if known, might have caused a buyer or seller of real estate to make a different decision with regards to remaining in a contract, or to the price paid or received. 5 A person authorized to represent another in dealings with third parties. 6 The person who authorizes an agent to act on her behalf. 8 Someone who works under the direction and control of the employer. 9 A customer becomes a ______ when a relationship is documented in an agreement. WORD BANK: Agent, client, dual, employee, estoppel, fiduciary, latent, material, party, principal, ratification, subagent, tort.