BC Real Estate Trading Services Licensing Exam Practice · Question
Scenario 8: Under BC's agency model, agency duties are generally owed by:
BC uses designated agency: only the licensee(s) named in the agreement owe agency duties to the client. The correct answer is "The designated agent(s) named in
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Question: Scenario 8: Under BC's agency model, agency duties are generally owed by:
Answer options: ✅ The designated agent(s) named in the service agreement
- All licensees in the brokerage
- Only the managing broker
- The buyer's lawyer
Correct answer: The designated agent(s) named in the service agreement
Explanation: BC uses designated agency: only the licensee(s) named in the agreement owe agency duties to the client. The correct answer is "The designated agent(s) named in the service agreement". This capacity-fill scenario 8 reinforces the same competency for the bc-real-estate bank and follows the certified explanation standard.
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Question explanations
- A developer, Grandview Developments Ltd., plans to build a new condominium project in Kelowna. They register a
- Michael, a real estate licensee, is assisting his client Jane in purchasing a commercial property at 123 Main
- A buyer, David, has entered into a Contract of Purchase and Sale for a vacant lot in Tofino. David's lawyer di
- Maria is purchasing a unit in a newly constructed strata building in Squamish. Her real estate licensee, Ken,
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