Aceable agency - Study guides, Class notes & Summaries

Agent Clark is working with seller Jean to sell her property. Agent Clark used to go to college with Buyer agent Sally. Clark and Sally meet up for lunch one day, and Clark tells Sally his seller is willing to accept less than the listed price. What is TRUE of this situation? - Accurate AnswersClark has violated his duty of loyalty and confidentiality to his client. All of the following are TRUE about the Information About Broker Services (IABS) form EXCEPT: - Accurate AnswersIt needs to be g...

Here are the four major types of agency acts: - Accurate AnswersListing Buying Leasing Property Management TREC's purpose is to - Accurate Answersregulate educational and licensing programs that maintain standards AND interpret legislation that affects the real estate profession — primarily the Texas Real Estate License Act (TRELA). Integrity - Accurate AnswersSatisfy to the commission (TREC) that the candidate meets and exceeds their character standards (honesty, trustworthiness, an...

Agency - Answer Relationship between a client and a broker Express Agency - Answer Agency created by a specific agreement Implied Agency - Answer Created when an agent is given permission to act on behalf a client through conduct or communication, but the permission is not established orally or in writing. Does not have to be an action, but can be a statement that leads the principal to believe that the license holder is their agent. Agency by Ratification - Answer Created w...

Aceable Agent NC Unit 5: Contracts, Agency, & Fair Housing Exam Study-Guide Quiz Questions with Complete Solutions GRADED A+ Sample Question & Answer: A cooperating broker selling a property listed with a Multiple Listing Service may be ___ . 1. A sub-agent of the listing broker in some states 2. A buyer's agent 3. An intermediary or facilitator 4. All of the above - Answer - 4. All of the above

Agency - ANSWERSRelationship between a client and a broker Express Agency - ANSWERSAgency created by a specific agreement Implied Agency - ANSWERSCreated when an agent is given permission to act on behalf a client through conduct or communication, but the permission is not established orally or in writing. Does not have to be an action, but can be a statement that leads the principal to believe that the license holder is their agent. Agency by Ratification - ANSWERSCreated when a licens...

TEXAS LAW OF AGENCY ACEABLE PRACTICE TESTS

Aceable Real Estate Agency Rights and Laws Questions and Answers 2023/202 Land - correct answer the surface of the earth, including all permanently attached natural features, extending downwards to the center of the earth and upwards to infinity. real estate - correct answer land plus any human-made improvements (such as buildings). Real Property - correct answer real estate plus the rights of ownership. improvement - correct answer non-natural structure built on or affixed to ...

Aceable Law of Agency Review Questions with Certified Solutions Here are the four major types of agency acts: Listing Buying Leasing Property Management TREC's purpose is to regulate educational and licensing programs that maintain standards AND interpret legislation that affects the real estate profession — primarily the Texas Real Estate License Act (TRELA). Integrity Satisfy to the commission (TREC) that the candidate meets and exceeds their character standards (honesty, trustworthiness,...

Aceable Law of Agency Review Questions and Answers (2024 / 2025) (Verified Answers)