Texas · Chapter 14 of 44
Agency Relationships in Texas
Types of agency, general vs. special agency, fiduciary duties, and Texas's unique INTERMEDIARY relationship (not dual agency).
30-minute read · Built for the TREC Sales Agent Exam
agencyprincipalagentfiduciarygeneral agentspecial agentsingle agencyintermediarysubagencyOLD CAR dutiesobedienceloyaltydisclosureconfidentialityaccountingreasonable care
What Is Agency
Agency is a fiduciary relationship where the agent acts on behalf of the principal with the principal's consent. Real estate licensees can be agents for the buyer, seller, both (with consent), or neither (subagent or intermediary). Agency creates fiduciary duties.
Texas Property Code Chapter 12
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