Illinois Real Estate

The flashcards below were created by user Djstones on FreezingBlue Flashcards.

  1. Agent
    Individual who is authorized and consents to represent the interest of another person.
  2. Agency
    A relationship where a consumer has given consent, expressed or implied, to a real estate licensee to represent the consumer in a real property transaction
  3. Brokerage Agreement
    An agreement, verbally or in writing, for an agent or firm to provide brokerage services to a consumer and get paid for it.
  4. Client
    Person or entity that a licensee represents in a real property transaction.
Author:
Djstones
ID:
231931
Card Set:
Illinois Real Estate
Updated:
2013-08-29 20:36:18
Tags:
Chapter 14
Folders:

Description:
Vocabulary
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