Real estate u chapter 2 - Study guides, Class notes & Summaries

Real estate U chapter 2 Exam With Complete Solution...

Real Estate U NYS - Chapter 2 Exam 1 Questions and Answers 100% CorrectReal Estate U NYS - Chapter 2 Exam 1 Questions and Answers 100% CorrectReal Estate U NYS - Chapter 2 Exam 1 Questions and Answers 100% CorrectReal Estate U NYS - Chapter 2 Exam 1 Questions and Answers 100% Correct According to an agent's fiduciary duties, the agent must not change or modify the financial terms of a deal. Which of the following fiduciary duties best reflects this...? A. Obedience B. Reasonable Care C. A...

Real estate U chapter 2 questions and answers A+ score assured 2024/2025

Chapter 3 – Conveying Real Property Interests Multiple Choice Questions [QUESTION] 1. A deed is a special form of written contract used to convey a permanent interest in real property. Unlike most contracts, a deed requires: A. both parties to be legally competent and of legal majority age. B. only the grantee to be legally competent and of legal majority age. C. only the grantor to be legally competent and of legal majority age. D. both parties to make promises to perform. Ans: C Diff...

Real Estate U NYS - Chapter 2 Activity 1 and 2 Exam Questions and Complete Solutions Graded A+.

Fundamental Accounting Principles Wild Shaw 20th Edition Test Bank   Fundamental Accounting Principles Wild Shaw 20th Edition Test Bank Chapter 01 Accounting in Business True / False Questions 1. Accounting is an information and measurement system that identifies, records, and communicates relevant, reliable, and comparable information about an organization's business activities. True False 2. Bookkeeping is the recording of transactions and events and is only ...

As an independent contractor, which of the following must exist between the salesperson and a specific broker...? A. Implied contract B. Explicit agreement C. Handshake agreement D. Written contract - Answer D. Written contract When a buyer's broker agrees to the cooperative arrangement of the MLS, he/she becomes what to the seller, who's property is listed on the MLS...? A. Secondary agent B. Primary broker C. Sub-agent D. Principal - Answer C. Sub-agent Which of the fol...

"Dual agency" does not exist unless both the seller and the buyer in a real estate transaction have written agency agreements with the same real estate brokerage firm. (T/F) - True 43-23-11.1 - Licenses may be suspended or revoked after investigations stemming from written complaints or actions initiated by the commission for: - A. Making material false statement B. Misrepresentation C. False promises to induce transactions D. Dual Agency without consent from both parties E. Commingling...

According to an agent's fiduciary duties, the agent must not change or modify the financial terms of a deal. Which of the following fiduciary duties best reflects this...? A. Obedience B. Reasonable Care C. Accountability D. Loyalty - Answer C. Accountability A situation in which one party is held partly responsible for the unlawful actions of a third party is known as...? A. Dual Agency B. Principal Arrangement C. Undivided Loyalty D. Vicarious Liability - Answer D. Vicariou...

Accountability - answer-To be responsible. (Safeguard any money or property held on behalf of the client) Advance Consent to Dual Agency - answer-The seller or buyer agrees to dual agency before it occurs by indicating the same on the agency disclosure form Agent - answer-One who undertakes to transact some business or to manage some affair for another by authority of the latter. Broker's Agent - answer-A broker's agent is an agent that cooperates or is engaged by a listing agent or a...