Agency in Missouri

Overview

Agency refers to the legal concept that one party may act as a representative on another's behalf and legally bind that other party based on their actions. This arises frequently in real estate in several different contexts.

• A title agency may bind a title insurance company when issuing policies.
• A real estate broker or sales agent acts on behalf of the seller and sometimes the buyers in a sale of real property.
• A power of attorney is used to delegate authority from a principal to their agent who is the attorney-in-fact.
• An attorney at law can represent and legally bind the parties they reprsent both in and outside of court.

Cross-References

• Missouri
• Powers of Attorney in Missouri