Question: An agent assisted a developer in purchasing a large tract of land and has a signed agreement to handle all subdivision listings in exchange for

An agent assisted a developer in purchasing a large tract of land and has a signed agreement to handle all subdivision listings in exchange for compensation related to the land purchase, what happens to the agent's agency relationship and their interest in the listings if the developer becomes incapacitated and unable to manage the project? Unset starred question It's still in place because it doesn't terminate on the death or incompetence of the principal. The agent has no recourse; the agency relationship is terminated and he receives no compensation. The agent now owns the subdivision as a result of the principal's death or incapacity. The developer must now pay the agent the commission that he didn't get from the original listing, and the agency relationship is terminated

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