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.
381. Agent to collect rent not authorized to employ broker to sell land. 381a. Agents to rent and care for land may purchase for themselves.
382. Broker required to refund commissions when he has acted in bad faith.
383. Receipt by broker, signed by himself as agent, binds him individually.
384. Where agent gives receipt in name of principal, purchaser must look to latter.
385. Receipt in name of principal
- Purchaser may recall before money is paid to him. 385a. Receipt of broker for purchase money bound owner.
386. Creditor authorized to collect rent can not pay therefrom his own debt.
387. Agent to collect rent must apply the same as directed by principal.
388. Broker acting in interest of others, not entitled to share in transaction for principal
389. Broker purchasing property not entitled to commissions for its sale. 389a. Agent can not become buyer of principal's property. 389b. When employed to purchase, agent can not sell his own property to principal. 389c. Circumstances under which agent has right to purchase the property for himself.
390. Broker liable for fraud of sub-agent. 390a. Sub-agent acting in good faith not liable for mistake of his principal.
391. Sub-agent concealing fact deprives broker of right to commissions.
392. Sub-agent exceeding authority bars commissions.
392a. Broker selling on terms varying from instructions.
392b. Broker departing from instructions in making sales.
393. Principal not liable to broker's sub-agent.
394. Broker not liable for poor sale by sub-agent. 394a. When agent without implied power to appoint sub-agent.
 
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