Agency representation Study guides, Class notes & Summaries

Champions School of Real Estate Law of Agency – Questions and Answers Already Passed The principal is also known as client fiduciary relationship a relationship founded on trust and confidence Agency Relationship Exists when one person (the agent) acts for, or on behalf of another person (the principal). the principal is the one who hires and gives authority to the agent Texas Real Estate License Act TRELA Was passed 1939. The purpose is to protect the public against unscr...

Gold Coast Real Estate Exam Questions With Verified Answers Latest 2024 Graded A+ . 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 bro...

Florida Real Estate Exam Questions With Solutions Latest Updated Rated 100%. In which form of co-ownership is a person's ownership inheritable? a. Joint tenancy b. Tenancy by the entirety c. Tenancy in common d. Tenancy in severalty c. Tenancy in common allows for a persons share to be inheritable, it does not automatically pass forth to the rest of the owners like in joint tenancy (this is called the right of survivorship). Florida Real Estate Exam Questions With Complete Solutions Lat...

CSP4801 Assignment 1 QUIZ (COMPLETE ANSWERS)2024 (684809) - DUE 22 May 2024 100% TRUSTED workings, explanations and solutions. for assistance Whats-App 0.6.7..1.7.1..1.7.3.9 ..... Question 1 Complete Mark 2 out of 2 Question 2 Complete Mark 2 out of 2 QUIZ Using distributed leadership has the following implication for teachers a. Following instructions without question b. Becoming a generator of new knowledge c. Not questioning the school management d. Not contributing to decisi...

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 are reduced to the buyer and seller under what agency? - Dual Agency - agent cannot advise or council Material facts which must be disclosed - ...

This document contains workings, explanations and solutions to the INC3701 Assignment 4 (QUALITY ANSWERS) 2024. For assistance call or us on 0.6.8..8.1.2..0.9.3.4.... Question 1 Read scenario A and answer the questions that follow: INC3701/103/2024 7 Scenario A. Tommy is 10 years old. He attends a school 8 km from home. He lives in a two-room house that he shares with his mother, his 85-year-old sick grandfather and eight other children. His mother is blind and cannot find a job. Because no...

Well-structured INC3701 Assignment 4 (ANSWERS) 2024 - DISTINCTION GUARANTEED. (DETAILED ANSWERS - DISTINCTION GUARANTEED!). Question 1 Read scenario A and answer the questions that follow: INC3701/103/2024 7 Scenario A. Tommy is 10 years old. He attends a school 8 km from home. He lives in a two-room house that he shares with his mother, his 85-year-old sick grandfather and eight other children. His mother is blind and cannot find a job. Because no one in the house earns an income Tommy is ...

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...

Question 2 Not yet answered Marked out of 1.00 Flag question Question text The following information was obtained from the accounting records of SA Attorneys: On 1 April 2022, A South, a client of the practice, handed a cheque to the amount of R100 000 to Mr Africa and requested him to invest the money in a fixed deposit account at ABC Bank until the money is paid over for a property transaction. Which one of the following statements is incorrect for the above type of investment? Select one:...

TX-Brokerage (SAE) Questions with correct Answers 2024 The _____ is required to ascertain that Brokers are aware of all of their responsibilities. 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. Broker Responsibility MCE Who Must Ta...