What distinguishes a General Agent from a Special Agent?

A General Agent is characterized by having broad authority to act on behalf of a principal in various matters related to a specific business or interest. This means a General Agent can make decisions and take actions across a wide range of situations, adapting to what is necessary for the principal's needs without constantly needing to consult or obtain permission for every action.

In contrast, a Special Agent is appointed for a specific task or a limited purpose and does not have the same extensive powers. For example, a real estate agent representing a buyer in a specific transaction would typically be considered a Special Agent since their authority is confined to that particular sale or purchase, rather than general business decisions.

This distinction is significant in agency law. A General Agent's ability to undertake a variety of actions makes them suitable for ongoing business relationships, whereas a Special Agent's limited authority is ideal for specific, singular tasks. Understanding this contrast is crucial for anyone involved in real estate law and agency relationships.