What type of authority allows an agent to do reasonable acts that are not specifically outlined?

Implied authority is the type of authority that permits an agent to perform reasonable acts that are not explicitly detailed in the agreement or contract. This authority is derived from the nature of the agent's role and the actions necessary to fulfill the responsibilities inherent in that position. For instance, if an agent is hired to facilitate real estate transactions, their implied authority would allow them to take reasonable steps that are customary within that profession, even if those actions are not explicitly mentioned in the agency agreement.

This concept is essential in agency relationships as it provides the flexibility to act in the best interests of the principal without the need for constant approval for every decision. Understanding implied authority is crucial for title agents, as it affects how they conduct transactions and interact with clients, ensuring that they can manage their responsibilities efficiently and effectively.

The other types of authority differ in that express authority is explicitly stated, limited authority restricts the agent's powers to specific tasks, and apparent authority deals with situations where a third party perceives that an agent has authority based on the principal's representations, even if that authority is not granted.