Paper 1

Law of Agency

Agency relationships, duties, authority, liabilities

97 practice questions available in the app

Study Guide

Law of Agency is part of Paper 1 — Real Estate Agency of the RES examination. This topic covers agency relationships, duties, authority, liabilities.

Key facts

  • Part of Paper 1 (Law of contract, agency, property, land registration)
  • 97 practice questions in the app
  • Multiple choice format — 4 options per question
  • Must score 75% or higher on Paper 1 to pass

Use the sample questions below to test your understanding. For comprehensive practice with all 97 questions, progress tracking, and timed exam simulation, download the Prepare app.

Try Sample Questions

Test your knowledge with 5 free questions from this topic.

Question 1 of 5

Which of the following best describes the fiduciary duty of a salesperson regarding 'conflict of interest' when acting as an agent for a seller?

Frequently Asked Questions

What are the duties of a property agent under agency law?
A property agent owes fiduciary duties to their principal (client) including: duty of loyalty, duty to act in good faith, duty not to make secret profits, duty to disclose conflicts of interest, duty of care and skill, and duty to follow lawful instructions.
What is the difference between actual and apparent authority?
Actual authority is explicitly or impliedly given by the principal to the agent. Apparent (ostensible) authority arises when a third party reasonably believes the agent has authority based on the principal's representations, even if no actual authority exists.
How many Law of Agency questions appear in the RES exam?
There are approximately 97 practice questions for Law of Agency. This topic is critical because it directly governs the agent-client relationship that property agents deal with daily.

Study Resources for Law of Agency

Practice all 97 Law of Agency questions

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