Describe the creation of agency relationships, including the use of the CEA’s prescribed Estate Agency Agreements.

Differentiate between exclusive and nonexclusive estate agency agreements.

Differentiate between agency in the sense of a fiduciary relationship versus the estate agentclient relationship, which is primarily contractual and the various relationships between the salesperson, estate agent and client.

Explain an agent’s authority as viewed by principal and third party, including Power of Attorney.

Explain the rights and duties between principal and agent and describe the remedies for breach of duties by principal and agent.

Describe the termination of agency relationships.

State the role of a real estate salesperson as an agent in carrying out estate agency work in the course of his/her employment or engagement (whether under a contract of service or contract for service) by an estate agent.