The Perils of Ostensible Agency

The Perils of Ostensible Agency somebody

When two people "believe" that someone is representing them, but this has not been "officially disclosed," it is called an "ostensible agency."


These are questions that the above text answers:

1. What is ostensible agency in the context of real estate?
2. How is ostensible agency different from an officially disclosed agency relationship?
3. What are the perils associated with ostensible agency?
4. Can an ostensible agency relationship be formed without the belief of both parties involved?
5. What happens when an ostensible agency relationship is not officially disclosed?
7. How can individuals protect themselves from the risks of ostensible agency?
8. Are there any legal consequences for someone who acts as an ostensible agent without proper disclosure?
10. Are there any specific laws or regulations that govern ostensible agency in real estate?
Public
Off