For sale by owner not sold through brokers each year (as of 2004). MSN Money suggests that 30% of homes are sold without using a real estate agent. More than half of the homes sold in Quebec are sold without an agent. In the UK, the average commission rate is significantly lower than in Canada or the US. Properties for sale by owner are less common. By law, all sales of property have to be supervised and handled by an independent solicitor who acts as a mediator and holds the buyer's money until the purchase process is finished. In Australia, the FSBO is still
Process agent proceedings and receiving notices under contracts where an independent party is needed. A typical example of a process agency arrangement is where an overseas entity raises a loan from a city institution. Often the lending bank will require the appointment of a UK-based process agent to receive formal notices should the borrower default on the loan. Process agent A process agent is a representative upon whom court papers may be served. In the US, the role is generally a requirement of US State law and is known as a registered agent, a resident agent or statutory agent. However, process agents