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Real Estate Agent
A certified individual who acts on behalf of sellers or buyers in property sales.
Agency By Necessity
A situation where an agent is granted emergency powers to act on behalf of another without their consent, due to unforeseen circumstances.
Principal
In law and finance, the individual or entity who authorizes another to act on their behalf; in bonds, it refers to the original amount of money borrowed or invested, excluding any interest.
Signature Line
A line on a document where an individual is expected to sign, indicating agreement or acknowledgment of the contents of the document.