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Rainmaker
6,603,298
Roy Kelley
Realty Group Referrals - Gaithersburg, MD
Undisclosed principal. In agency law, an undisclosed principal is a person who uses an agent for negotiations with a third party who has no knowledge of the identity of the agent's principal. ... As a result, the third party does not know to look to the real principal in a dispute.
en.wikipedia.org › wiki › Undisclosed_principal

Undisclosed principal - Wikipedia

An agent is not generally liable for contracts made; the principal is liable. But the agent will be liable if he is undisclosed or partially disclosed, if the agent lacks authority or exceeds it, or, of course, if the agent entered into the contract in a personal capacity.
saylordotorg.github.io › s13-03-agent-s-personal-liability-for

Agent's Personal Liability for Torts and Contracts

Jan 29, 2020 03:53 PM
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Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate

I wish you all the best with your real estate studies. 

Jan 29, 2020 08:25 AM
Rainmaker
3,330,425
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

Here in NH the principal only has to be disclosed if they are a licensed agent. Otherwise a buyer or seller can hide behind a trust LLC or corporation.

Jan 29, 2020 07:25 AM