google bot detected Undisclosed Principal | Real Estate Glossary | Realestateagent.com

Undisclosed Principal


Definition of "Undisclosed principal"

  1. A major party to a transaction, such as a seller or purchaser of property, remains anonymous. An example is when someone acts on behalf of a purchaser who wishes his identity not to be disclosed.
  2. Person is not informed by an agent that there is a principal. In this case, the agent has legal ability under the contract.



Related Real Estate Glossary terms

Related Real Estate FAQ