This section is from the book "American Law Of Real Estate Agency", by William Slee Walker. Also available from Amazon: American law of real estate agency.
A holder of an option contract on land is not necessarily the agent of the owner so as to render the owner liable for misrepresentation by him inducing a sale to a third person, and it is immaterial that the option contract may be assigned in case the holder sells the property. Shepard v. Pabst, 135 N. W. 158, 149 Wis. 35.
 
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