Definitions for "Designated Agent"
A licensee authorized by a broker to act as the agent for a specific principal in a particular transaction. A designated agent is the only agent in the company who has a fiduciary responsibility toward the principal.
a salesperson selected by the broker, with the principal's buyer or seller consent, to act exclusively on behalf of that principal
The agent(s) designated by the sponsoring broker to act as the legal agent of the client.
An individual assigned by a participating employer who serves as a liaison for KPERS transactions and communication.
An entity designated by a hospital to submit that hospital's discharge data records to the Office's Discharge Data Program; may include the hospital's abstractor, a data processing firm, or the data processing unit in the hospital's corporate office.