Related Words

Corporate Agency: A travel agency that focuses on the travel of businesses and corporate clients.

Emergency Feeding Agency: This refers to an organization serving the food needs of the poor and unemployed that is designated by a state as eligible for commodities and administrative support to distribute commoditie . . . View Full Definition

Dual Agency: An agency relationship in which the agent acts concurrently for both principals in a real estate transaction.

Employment Agency: An organization that provides job placement assistance, either on a temporary or permanent basis, to individuals seeking employment opportunities.

Environmental Protection Agency (EPA): A federal agency created in 1970 by bringing together various federal pollution control activities that had been scattered among a number of federal departments and agencies. The EPA is invo . . . View Full Definition

Exclusive Agency Listing: A written listing agreement giving a sole agent the right to sell a property for a specified time, but reserving to the owner the right to sell the property himself without owing a commissio . . . View Full Definition

Divided Agency: Acting for more than one party in a transaction without the knowledge and consent of all parties thereto. This situation is considered unlawful and may be grounds for revocation or suspensio . . . View Full Definition

Exclusive-Agency-Buyer-Agency-Agreement: Similar to the exclusive buyer agency agreement, this is an exclusive contract between the buyer and the agent. However, this agreement limits the brokers right to payment. The broker is ent . . . View Full Definition

Disclosed Dual Agency: Real estate licensing laws may permit dual agency only if the buyer and seller are informed and consent to the brokers representation of both in the same transaction. Although the possibilit . . . View Full Definition

Corporate Rate: Discount rate available to traveling business men and women, customarily 10% below rack (standard) rates.