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Sec. 389a. Agent Can Not Become The Buyer Of The Principal's Property, Even When Sold At Particular Price |
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This section is from the book "American Law Of Real Estate Agency", by William Slee Walker. Also available from Amazon: American law of real estate agency.
An agent can not become the buyer of the principal's property, even when there is a sale at a particular price. Ruckman v. Burgholz, 37 N. J. L. 437; Armstrong v. Elliott, 29 Mich. 485. Compare Secs. 40, 290. Welling v. Poulsen (Mich. Sup. '10), 125 N. W. 373; Single v. Russell, 80 A. 164, 114 Md. 418; Sawyer v. Issenbuh, 141 N. W. 378, 31 S. D. 502.
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agent, real estate agency, brokerage, commissions, compensation, contracts, duties, exchanges, exclusive contracts, forms, interpretations, judicial constructions, leases, liabilities of principal, listing, loans, options, contracts, pleadings, practice, law, rights, sales
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