In real estate, what does the term "special agency" denote?

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The term "special agency" refers to a relationship in which an agent is granted limited authority to perform specific tasks on behalf of the principal. This is common in real estate transactions, where an agent may be authorized to act solely in the sale or lease of a property but does not have complete power to make decisions beyond the scope of that assignment. The agent's role is clearly defined, focusing on particular activities while the principal retains control over the broader aspects of their situation.

In contrast, complete authority, permanence, or joint authority imply a broader or different level of engagement, which does not align with the concept of special agency. Thus, the essence of a special agency lies in its restricted authority, allowing agents to act within specified parameters while ensuring that the principal decides outside those terms.

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