Under the principle of vicarious liability, who may a buyer client be legally responsible for?

Vicarious liability refers to a legal doctrine whereby one party can be held responsible for the actions or inactions of another party, typically in the context of an employer-employee relationship. In the realm of real estate, this principle applies particularly to the buyer client and their buyer agent.

When a buyer client works with a buyer agent, any actions taken by the agent in the course of representing the buyer, such as making offers, negotiating terms, or any misconduct during the process, can lead to the buyer being held liable for those actions. This is because the agent is acting on behalf of the client, and the client has entrusted the agent with the authority to act in their interest. Thus, if the agent commits any errors or violates the law while working on behalf of the buyer, the buyer client may face legal repercussions under the principle of vicarious liability.

Other parties mentioned, such as other buyers, the seller of the property, or a real estate company, do not fall under the direct agency relationship that would invoke vicarious liability for the buyer client. Buyers are typically individually responsible for their own actions rather than being held accountable for the actions of unrelated parties in the transaction.