What must happen if the relationship between an agent and client changes?

When the relationship between an agent and client changes, it is essential to update the agency consent agreement. This document outlines the terms and understanding between the agent and client and reflects their mutual obligations and rights within the context of their professional relationship. Any significant change, such as a shift in responsibilities, scope of authority, or terms of representation, necessitates an update to ensure that both parties are on the same page and maintain a clear understanding of their current roles.

By doing so, the agency relationship is kept transparent and legally sound, supporting effective communication and preventing potential disputes that could arise from misunderstandings about the nature of the relationship. It is vital to maintain accurate and current documentation to reflect any changes in the agreement, which fosters trust and clarity moving forward.