Timothy has been hired by the estate of Tyler Wilbanks, who is recently deceased. Timothy has Power of Attorney and will be handling all the real estate affairs of the deceased estate. Which type of agent is Timothy?

Question

Jethro

Social Studies

22 April, 10:14

Timothy has been hired by the estate of Tyler Wilbanks, who is recently deceased. Timothy has Power of Attorney and will be handling all the real estate affairs of the deceased estate. Which type of agent is Timothy?

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Answers (1)

Know the Answer?

Kian Martin · Answer 1

Answer: Universal Agent

Explanation:

Universal Agent is defined as person who is hired to act on principle's behalf by power of attorney. They tend to execute their duties and actions as per his/her principle's guidance and authorization. Universal agent perform all the conduct of their principle.

According to the question, Timothy is an universal agent because she has the power of attorney and can carry out the duties of real estate as per principle.