Brokers responsibilities - Study guides, Class notes & Summaries

What year was the Real Estate Commission for TN formed? - 1951 Licenses, registers and regulates real estate brokers and affiliate brokers, real estate firms, rental location agents, time-share salespersons and developments, vacation clubs and vacation lodging services. - Responsibilities of the TN Real Estate Commission Who enacts rules addressing professional conduct and standards of practice. - Tennessee Real Estate Commission The mission is to protect the public through establishment a...

The __________ license is one under which salespeople and associate brokers do not establish a brokerage firm, but wish to have the liability protection and tax benefits of a corporation or LLC. Brokerage business entity business entity salesperson association correct answersbusiness entity salesperson Under the Virginia Condominium Act when once ____ or more of the units are sold, the declarant is no longer responsible for the units, and the responsibilities fall to the association of ...

PA Real Estate Exam - Test Questions from Temple Course, With 100% Correct Answers PA Real Estate Exam - Test Questions from Temple Course, With 100% Correct Answers In Pennsylvania, a salesperson may advertise a property for sale on the Internet only if the salesperson A)personally listed the property. B)is a member of the local real estate association. C)personally pays for the advertisement. D)uses the employing broker's name in the advertisement. - ANSWER-D) The answer is USES ...

Florida Real Estate State Exam: Gold Coast Q&A CRAM EXAM 1&2 Property management Abesntee ownership has increased the demand for which area of brokerage A fee based upon time and difficulty of appraisal What is a real estate appraiser is paid A subdivision plat map What does the local planning agency have the authority to approve Dedication What is it called when a developer gives land to a governmental body? Property management What business is a license engaged in who...

CAIB 1 - Chapter 7 Questions and Answers Rated A+ What are 3 actions which demonstrate a brokers unethical conduct? to sell more insurance than is needed, to sell higher priced coverages when equivalent coverage is available for a lower price, to recommend policies with a higher commission. What are 3 qualities of a professional? commitment to higher ethical standards, have a high standard of educational preparedness with mandatory continuous education, have a formal association reg...

MO Real Estate Exam Practice Questions and Answers Mo Statute 339 - Correct Answer ️️ -License Law RSMO 1986 License Law - Correct Answer ️️ -Any person who performs a RE service on behalf of another party for CONSIDERATION must be licensed; i.e. broker transactions, managing property, appraising, counseling, syndicating, auctioning Consideration - Correct Answer ️️ -Includes $ compensation, exchange of free services, or any other valuable good or service that a person expects...

BA 303 Exam 3 Questions and Answers 100% Pass Channel Systems - Correct Answer ️️ -Major decision areas for designing channel systems 1. Types of intermediaries to use 2. Number of intermediaries to be included in the channel 3. Terms and responsibilities expected of channel members Types of Intermediaries - Correct Answer ️️ -1. Retailers 2. Wholesalers/Distributors 3. Manufacturer's Sales Office and Branches Retailers - Correct Answer ️️ -Retailing includes all activities...

The _____ is required to ascertain that Brokers are aware of all of their responsibilities. - Correct Answer-Texas Real Estate Commission The _____ course is to address the regulatory aspects of the management, operation and supervision of a real estate brokerage firm in Texas. The course provides an understanding and working knowledge of a broker's responsibilities and obligations under 22 TAC §535.2. - Correct Answer-Broker Responsibility MCE Who Must Take The Broker Responsibility MCE...

STC SIE Chapter 1 Questions and Answers Already Passed True or False: The price at which a broker-dealer will purchase shares from a customer is called the ask price. False. The price at which a broker-dealer will purchase shares is called the bid price, while the ask price is the price at which they will sell shares. What does OTC stand for in financial markets? Over-the-counter What is the term for the price at which a dealer agrees to sell securities? The offer or ask price Wh...

CODE OF ETHICS AND RESPONSIBILITES 2024 QUESTIONS WITH CORRECT ANSWERS ALREADY PASSED AND VERIFIED 1. The power to adopt the Code of Ethics and Responsibilities, under the RESA law, shall be under the: A. Professional Regulatory Commission B. Professional Regulation Commission C. Accredited and Integrated Professional Organization D. Professional Regulatory Board of Real Estate Service - CORRECT ANSWER Professional Regulatory Board of Real Estate Service Note: The keyword is "adop...