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Principles 1 Unit 4 Real Estate Brokerage & Law of Agency

Across
__ agent used for property management.
Information About Brokerage Services
The relationship between a principal and an agent wherein the agent is authorized to represent the principal in certain transactions.
Payment to a broker for services rendered.
A misstatement of a material fact made with intent to deceive or made with reckless disregard of the truth, and actually does deceive.
The person for whom the agent works.
An unintentional misstatement of a fact; incorrect or misleading representation.
The illegal act of a real estate broker who mixes the money of other people with his own money.
__ emptor is a Latin phrase meaning "let the buyer beware".
One who purchases or sells property without being represented by an agent.
One who acts or has the power to act for another.
Down
__ agency is an agency created by specific agreement, whether written or oral, of principal and agent.
Texas Deceptive Trade Practices - Consumer Protection Act.
Agency by __ is an agency relationship that is established after the fact.
For a commission or fee, bringing together parties interested in buying, selling or leasing real property.
Exaggerated opinions not made as representations of fact and thus not grounds for misrepresentation.
__relationship of trust and confidence, as between trustee and beneficiary or principal and agent.
One who buys and sells for another for a commission.
__ cause is the effort that brings about the desired result.
The person who employs an agent to perform a service for a fee.