Agency brokerage - Study guides, Class notes & Summaries
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Aceable Law of Agency Review Exam Questions with 100% Correct Answers
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Aceable Law of Agency Review Exam 
Questions with 100% Correct Answers 
Here are the four major types of agency acts: - answerListing 
Buying 
Leasing 
Property Management 
TREC's purpose is to - answerregulate 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 - answerSatisfy to the commission (TREC) that the candidate meets and exceeds 
their characte...
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Florida Real Estate Exam 2024/2025 with 100% correct answers
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administrative law - correct answer -Body of law created by administrative agencies in the form of rules, regulations, orders, and decisions. 
 
agent - correct answer -A person entrusted with another's business; the person authorized by the principal to act on the principal's behalf. 
 
at arm's length - correct answer -People conduct negotiations on their own behalf without trusting the other's fairness or integrity and without being subject to the other's control or influence. 
 
caveat empto...
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Champions Law of Agency – exam 2024 with 100% correct answers
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Which of the following has the authority to suspend or revoke a Texas real estate license? - correct answer TREC 
 
Which of the following is an element of a listing agreement? - correct answer the agreement to pay a stated commission, usually a percentage of the sales price 
 
the IRS considers which of the following a violation of independent contractor status? - correct answer salesperson is told to work set hours, guaranteed a monthly minimum wage, has his licensing fees paid by the br...
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SC Property Management License Exam with Complete & Verified Solutions | 2024 Update
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SC Property Management License Exam with Complete & 
Verified Solutions | 2024 Update 
PM & PMIC licenses need to renewed biennially - Answer ️️ -June 30th (end of state's fiscal 
year) 
Conversion - Answer ️️ -to use trust funds for the purpose other than the purpose of which they 
are held. Unlawful use of funds. 
Customer - Answer ️️ -a buyer, seller, landlord or tenant who uses the services of a real estate 
licensee but does not establish an agency relationship through a writte...
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Azure Tide Real Estate Final Exam 2023 with 100% correct answers
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How is practicing real estate without a license punishable as? 
Third degree felony 
 
 
 
Without written permission, Phillip tells his buyer Tom, that his seller Mark is getting divorced and must sell the property quickly. Phillip is representing both Mark and Tom as a transaction broker. Phillip has violated which agency duty? 
Limited confidentiality 
 
 
 
Maxine didn't understand the paperwork that an oil company had her sign when they started drilling for oil on her property. The guy tha...
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Exam: Law of Agency – Champions | 60 Questions with 100% Correct Answers | Latest Update 2024 | Verified
- Exam (elaborations) • 6 pages • 2023
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Which of the following has the authority to suspend or revoke a Texas real estate license? - TREC 
Which of the following is an element of a listing agreement? - the agreement to pay a stated 
commission, usually a percentage of the sales price 
the IRS considers which of the following a violation of independent contractor status? - salesperson 
is told to work set hours, guaranteed a monthly minimum wage, has his licensing fees paid by the broker 
the TAR buyer representation agreement in or te...
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Texas Real Estate Exam (State Portion) Agency Brokerage (2024 / 2025) Questions with Verified Answers, 100% Guarantee Pass Score
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Texas Real Estate Exam (State Portion) Agency Brokerage (2024 / 2025) Questions with Verified Answers, 100% Guarantee Pass Score
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Wisconsin Real Estate Exam Correct Questions & Answers
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The foundation upon which real estate brokerage is practiced - ANSWER Agency 
 
A legal and ethical relationship created between a real estate firm and a party to a transaction; the party may be a buyer, seller, landlord, or tenant - ANSWER Agency Relationship 
 
A written agreement between a firm and a client; the client authorizes the firm to provide brokerage services to the client - ANSWER Agency Agreement 
 
What are two agency agreements? - ANSWER Listing Agreement 
Buyers Agency Agreemen...
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Florida Real Estate State Exam Questions and Answers 2024
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In which area of brokerage has absentee ownership increased the demand? - Correct answer-Property management 
 
How is a real estate appraiser typically paid? - Correct answer-A fee based upon time and difficulty of the appraisal 
 
What does the local planning agency have the authority to approve - Correct answer-A subdivision plat map 
 
What is it called when a developer gives the land to a government body - Correct answer-Dedication 
 
What business is a licensee engaged in who markets, leas...
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Gold Coast Real Estate Exam with Verified Answers
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Tract building - Answer- When a dev. Acquired land, records a plat map and uses a model center from which sales may be made 
 
Local level - Answer- Planning, zoning, property taxation, building and health codes and regulations, and building moratoriums that affect development play a significant role in the cost and desirability of real estate 
 
Broker associate - Answer- A licensed broker working for another broker 
 
False - Answer- A florida real estate license applicant must be a resident a...
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