What do you call a broker that represents a tenant in a real estate transaction?

Prepare for the Law of Agency Test. Delve into multiple choice questions featuring hints and explanations. Sharpen your understanding of agency law and gear up for success!

In a real estate transaction, the broker representing a tenant is specifically referred to as a tenant's agent. This designation reflects the broker's role in advocating for the interests of the tenant throughout the leasing process. The tenant's agent works to help the tenant find a suitable property, negotiate lease terms, and navigate any challenges that may arise during the transaction.

This role is fundamental because it ensures that the tenant's needs and preferences are prioritized, which is crucial in creating a fair and balanced leasing experience. The tenant's agent is obligated to act in the best interests of the tenant, providing necessary guidance and support.

The other options refer to different roles within real estate transactions. A landlord's agent typically represents the interests of the property owner, while a buyer's agent represents individuals looking to purchase property. A listing agent is tasked with selling property on behalf of the owner. Each of these roles has its own specific responsibilities that do not align with the representation of a tenant.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy