Define: Limited Agent

How is Limited Agent defined in a legal contract?

• Limited Agent means an agent whose responsibilities are defined in [specific section]. This agent has duties and obligations towards the principal party, which might include additional duties agreed in [clause].
  Seen in 10 SEC Filings
• Limited Agent means an authorized person who, while having the written and informed consent of all parties involved in a property transaction, represents both the seller and the buyer.
  Seen in 2 SEC filings
• Limited Agent means a broker who solicits offers to purchase, sell, lease, or exchange property. They don’t operate under the control of the client, except for the desired result of the work.
  Seen in 2 SEC filings
• Limited Agent means an agent who solicits offers to purchase, sell, lease, or exchange a specific property without being subject to the control of the client, except concerning the outcome of the work. A Limited Agent doesn’t have a fiduciary relationship or obligations towards the client, except as prescribed by the law.
  Seen in 2 SEC filings
• Limited Agent means an agent with certain boundaries with respect to their obligations and duties.
  Seen in 1 SEC filing
• Limited Agent means a service provider with specific duties and obligations.
  Seen in 1 SEC filing
• Limited Agent means a service representative with constrained duties and responsibilities towards a principal party.
  Seen in 1 SEC filing

Note: The Genie AI Legal Assistant pulled this data out of the SEC EDGAR Database of 500,000 records from the past 22 years of filings. We regularly update this page as new filings and definitions come in.

Search EDGAR for ‘Definitions of limited agent’ yourself to verify these results. We are always keen to point people to source documents.

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Which definition should you use?

🤔 Our AI Legal Assistant has combined and improved the above descriptions to create market-standard 'Genie definitions' below, with guidance on which documents and which industry to use for each.

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Genie Definition 1

• Limited Agent means an authorized individual representing all parties in a deal, subject to defined limits.

Relevant Contract Types

• Agency Agreement
• Real Estate Purchase Agreement
• Non-Disclosure Agreement
• Brokerage Agreement

Relevant Circumstances

• Property transactions
• Sales and Purchases
• Deals involving multiple parties

Relevant Sectors

• Real Estate
• Sales
• Finance and Investments

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Genie Definition 2

• Limited Agent means a service provider following prescribed obligations and duties under a specified agreement.

Relevant Contract Types

• Service Agreement
• Consultancy Agreement

Relevant Circumstances

• Offering professional service
• Consultancy services

Relevant Sectors

• Consultancy
• Information Technology
• Marketing

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