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COMMONWEALTH OF PENNSYLVANIA DEPARTMENT OF GENERAL SERVICES GSRE-47 Rev. 8-97 AGENCY AGREEMENT/LIMITED AGENT AUTHORITY If an agent is involved in this Proposal please complete the following.

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There are essentially three kinds of authority recognized in the law: actual authority (whether express or implied), apparent authority, and ratified authority (explained here).

The main characteristics of an agency relationship are that it is fiduciary, it involves trust and confidence, agency laws govern it, and it is a consensual relationship.

There are essentially three kinds of authority recognized in the law: actual authority (whether express or implied), apparent authority, and ratified authority (explained here).

Express authority is the authority which the principal has expressly given to the agent whether orally or in writing. Implied authority (sometimes described as usual authority) is the authority of an agent to do acts which are reasonably incidental to and necessary for the effective performance of his duties.

Limited Agency Agreements For example, a limited real estate agency agreement might state that the agent is only authorized to act on behalf of the principal for the limited purpose of acquiring a specific piece of property.

The Agent is liable to the Principal for exceeding their power, as it is a breach of contract to exceed one's authority to act for another.

There are three different ways in which the insurer authorizes the agent to represent it. Express Authority. Express authority is the authority that an agent has in writing in the contract with the insurer that the agent represents. ... Implied Authority. ... Apparent Authority.

There are three different ways in which the insurer authorizes the agent to represent it. Express Authority. Express authority is the authority that an agent has in writing in the contract with the insurer that the agent represents. ... Implied Authority. ... Apparent Authority.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232