Authority of agents – Apartment for sale in Singapore
There are some acts that an agent can do legitimately, and in so doing, legally binds his principal as though the principal has carried out the task himself. When the agent has no authority and the principal refuses to ratify, the third party may sue the agent for breach of warranty of authority. Apartment for sale in Singapore. For example: A real estate salesperson was not told to sell the house and the owner did not tell buyer to contact the real estate salesperson, but the real estate salesperson just simply marketed the house and placed an advertisement without the owner’s consent. The real estate salesperson closed the deal and collected deposit from buyer. The owner denied the sale. The buyer can sue the real estate salesperson for misrepresentation. Breach of warranty of authority also applies when an agent acts beyond the limits of his authority. Please click here to search for apartment for sale in Singapore. 