Question
Jerry Doyle owned a small office building in Kingston, Ontario. As he was nearing retirement, Jerry listed his building for sale with Karen Barker, a
Jerry Doyle owned a small office building in Kingston, Ontario. As he was nearing retirement, Jerry listed his building for sale with Karen Barker, a real estate agent. Real estate agents in Ontario are a self-regulated profession.
While Jerry was on an extended visit to Florida looking for a retirement property, he authorized Karen to sell the building on his behalf provided the offer was for at least $800 000.Karen showed the property to Twila Shannahan during the term of the Listing Agreement but Twila did not make an offer.
Two weeks after the Listing Agreement between Jerry and Karen expired, Twila made an offer to purchase the property for $825 000.Karen accepted the offer on behalf of Jerry.
- Discuss the nature of an agency relationship, the ways in which an agency relationship may be created and on what basis, if any, there a contract between Jerry and Twila.
- Discuss Karen's duties as an agent of Jerry.
iii. Discuss the nature of a self-regulated profession and the type of action (excludingcourt action) that Jerry may take against Karen as a regulated professional.
Question 3 options:
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