Which term describes an agent authorized to perform ongoing duties on behalf of the principal?

Study for the Washington Real Estate Fundamentals Rockwell Exam. Utilize flashcards, multiple choice questions with hints and explanations. Prepare thoroughly for your real estate career!

Multiple Choice

Which term describes an agent authorized to perform ongoing duties on behalf of the principal?

Explanation:
Ongoing authority to handle a range of tasks for the principal over time is general agency. This type of agency covers continuing duties in the ordinary course of business, not just a single task. For example, a property manager or a broker hired to manage ongoing needs has the authority to act on behalf of the owner across multiple issues and over a period. Special agency refers to handling a specific transaction, not ongoing duties. Universal agency would allow the agent to perform almost any act the principal could do, which is broader than typical real estate relationships. Express agency describes how the agency is created (by explicit agreement), but it doesn’t by itself define whether the authority is ongoing or limited. Therefore, the description of performing ongoing duties aligns with general agency.

Ongoing authority to handle a range of tasks for the principal over time is general agency. This type of agency covers continuing duties in the ordinary course of business, not just a single task. For example, a property manager or a broker hired to manage ongoing needs has the authority to act on behalf of the owner across multiple issues and over a period.

Special agency refers to handling a specific transaction, not ongoing duties. Universal agency would allow the agent to perform almost any act the principal could do, which is broader than typical real estate relationships. Express agency describes how the agency is created (by explicit agreement), but it doesn’t by itself define whether the authority is ongoing or limited. Therefore, the description of performing ongoing duties aligns with general agency.

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