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NeCede's

Maxim 4.4.7

Whatever is acquired by the agent is acquired for the principal.

Quicquid acquiritur ab agente acquiritur principali.

Source: Story, *Agency* § 403 Difficulty 1/5 — Foundational

Explanation

The agent's acquisitions within the scope of his authority vest immediately in the principal — the agent holds as the principal's hand, not as his own.

Where this applies

  • An agent buys property on behalf of a client and tries to keep it for themselves.
  • A real estate agent acquires property they were supposed to buy for their principal.

Legal domains

commercialequity

See also

Cite this maxim

NeCede Max. 4.4.7 — Whatever is acquired by the agent is acquired for the principal. — Story, *Agency* § 403 (Quicquid acquiritur ab agente acquiritur principali.)

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