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Florida real estate exam chapter 4 (SOLVED) $7.99   Add to cart

Exam (elaborations)

Florida real estate exam chapter 4 (SOLVED)

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  • Course
  • Florida real estate
  • Institution
  • Florida Real Estate

who owes fiduciary duties in an agency relationship correct answers the broker only which activity does not exemt from the requirement to provide disclosure under the brokerage relationship disclosure act correct answers showing property to a party that is not being represented as an agent a ...

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  • October 2, 2023
  • 2
  • 2023/2024
  • Exam (elaborations)
  • Questions & answers
  • Florida real estate
  • Florida real estate
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Florida real estate exam chapter 4 (SOLVED)
who owes fiduciary duties in an agency relationship correct answers the broker only
which activity does not exemt from the requirement to provide disclosure under the brokerage relationship disclosure act correct answers showing property to a party that is not being represented
as an agent a broker is employed by and acts on behalf of a correct answers principal
a general agency relashionship exists when a correct answers sales associate is employed by a broker
broker John just receiveda n oral offer to purchase listed property. No earnest money accompanied the oral offer. John correct answers Must present the offer
A transaction broker correct answers provide limited presentation to both parties
Which fiduciary duty would a broker breach by failure to advice a principal regarding the value of owners property prior to accepting a listing correct answers Disclosure
Broker Tom sold a property listed with broker Alice. Tom was unable to attened the closinga nd broker Alice collected the entire commission. Should Alice refused to pay broker Tom his share of the commission,broker Alice could be charged with correct answers Failure to account
Mary an Ohio broker accompanied a customer to Florida and met with broker Stan in his office in Jackson villa. While Stan showed the customer property and optained a binding contact for the
purchase of a condominum, Mary took some time off and went to beach on returning to Stan's office Mary discovered Stan had written a contract and demand a share of the commission. Which statement is correct. correct answers Stan may share the commission with Mary
In an agent relationship an agent must correct answers Attempt to obtained the most favorable price and terms on behalf of the pricipal
When can an agent disclose confidental or harmful information about a principal correct answers
never
Which transaction is not included in the defenisition of a residential transaction correct answers Disposition of business intrest involving property of five or more residential units
Both parties in a transaction can pay broker a commission when correct answers Both party agree to the dual commission
Agents relationship in real estate are not controlled by correct answers The department of finacial srevice

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