In which type of agency can the agent represent the client in any matter?

The correct answer is universal agency. In a universal agency, an agent is authorized to act on behalf of the principal in almost any matter, covering a broad scope of authority. This type of agency allows the agent to make decisions and take actions that a typical agent might not be able to do under more limited agency relationships.

Universal agency is typically established through a general power of attorney, which grants the agent comprehensive powers to handle the principal’s affairs. This authority can encompass various tasks, including financial decisions, managing real estate, and conducting business transactions.

In contrast, general agency typically allows the agent to represent the principal in a specific range of activities or transactions but does not grant the same level of comprehensive authority as universal agency. Special agency is even more limited, typically granting the agent authority to act only in specific situations or for a particular transaction, such as selling a home. Express agency refers to a relationship created through explicit agreement, but it may still define limitations on the agent’s authority.

Understanding these distinctions helps clarify the capacities in which agents can operate under different agency relationships in real estate.