What is a dual agency - Study guides, Class notes & Summaries

According to the New York State real property law, a real estate salespersons license is issued for a term of how many years? - ans 2 years 2. What type of residential real property transfer would require a property condition disclosure statement? - ans Newly constructed property that has not been previously inhabited 3. What happens to the licenses of salesperson's if they're sponsoring broker's license is revoked or suspended? - ans They are suspended 4. A listing broke...

PSI Exam Questions and Answers 100% Pass what would prevent a seller from providing marketable title Mechanics lien the seller has required that the buyer must use his title insurance company and that brokers reduce their portion of the real estate commission, increasing the sellers net proceeds This is illegeal according to respa If a license mentions MLS when advertising, the advertisement must include the name of the MLS According to the New Jersey Real estate Licensing Laws, which of the ...

Nyc high pressure boiler license Exam Questions with Correct Answers The minimum blowdown for a spring loaded safety valve shall be of what percent of set pressure? - Answer-10% How is the main steam pressure gages tested? - Answer-With an inspectors gage Who is in charge of the code for any plumbing installations? - Answer-The nyc plumbing code When will anchorage or guides be inspected? - Answer-Annually How many brass washout plugs does a miniature boiler have? - Answer-3 brass wa...

REAL ESTATE U FINAL EXAM AND FINAL PRACTICE EXAM LATEST ACTUAL EXAM 300 QUESTIONS AND CORRECT DETAILED ANSWERS (VERIFIED ANSWERS) ALREADY GRADED A+ Are unlicensed assistants allowed to record and deposit trust money deposits and maintain trust account records under the close supervision of the offer broker-incharge? - ANSWER-Yes What entities must have a firm license to operate as a broker in North Carolina? - ANSWER-Any type other than sole proprietorships. When should written a...

NCREL Post Licensing 301 Broker Relationships and Responsibilities | Questions with 100% Correct Answers | Verified | Latest Update 2024 A seller's agent or sub-agent must initially disclose her agent status to a prospective buyer when? - - Before buyer and agent discuss motivation or financial information. What fiduciary duties are owed to principals? - - Obey, Loyalty, Disclosure, Confidentiality, Accounting, & Reasonable care (OLD CAR) As a dual agent, my fiduciary responsibilities a...

Pearson Vue real estate exam Maine Questions And Correct Answers Most land uses are subject to regulation of Maine's Mandatory Shoreland Zoning Act when they are within how many feet of a river, wetland, lake, or ocean? 250 feet Most land uses are subject to regulation of Maine's Mandatory Shoreland Zoning Act when they are within how many feet of certain streams? 75 feet The Shoreland Zoning Act is regulated by whom? Each municipality and enforced by the local Code Enforcement Officer...

PSI Exam Questions and Answers 100% Correct| Latest 2024 what would prevent a seller from providing marketable title Mechanics lien the seller has required that the buyer must use his title insurance company and that brokers reduce their portion of the real estate commission, increasing the sellers net proceeds This is illegeal according to respa If a license mentions MLS when advertising, the advertisement must include the name of the MLS According to the New Jersey Real estate Licen...

IL CADC Study Guide Questions and Answers 100% Proven Purpose of client advocate - Answer ️️ -Formal relationship with the employer, Involve the employer in the patient's treatment, Promote information to employer about the patient's disease, Educate employer on the treatment process, Help provide support for the patient in recovery Community education purpose - Answer ️️ -Identify the major drug problems in the community Role for local churches and religious groups - Answer ️...

NH Real Estate Exam Questions and Answers 100% Correct Score The purpose of the NH Real Estate Commission is to - Correct Answer ️️ -License and regulate real estate agents Entry Only Listings (limited service listings) are - Correct Answer ️️ -Considered listings and must comply with listing requirements Look up entry only listings - Correct Answer ️️ - Appointing Agents - Correct Answer ️️ -Appoint real estate licensees to represent clients in real estate offices that p...

Where should a broker keep sales agents' licenses? - Broker's file What happens to sales agents' licenses when the broker's license is revoked? - Their license is inactivated How does the broker get back in the business if his/her license is revoked? - Must start over with sales agent license, after waiting five years What is the main purpose of the continuing education? - To protect the public What is a double contract as contrasted with double commission or dual agency? - When a seco...