Sue the broker Study guides, Class notes & Summaries
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Champions Real Estate Exam: Law of Agency Study Questions 2024
- Exam (elaborations) • 55 pages • 2024
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This person hires an agent - The Principal 
 
The agent works on behalf of this person - the client (principal) 
 
This type of agency allows for the greatest range of authority - Universal 
 
This is provided to the agent when there is written documentation that the agency relationship exists. - Express authority 
 
This is the most limited of all the agency relationships - Special agency 
 
This type of agency is created when a 3rd party believes that an agent has authority that has NOT been g...
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Pearson Vue Practice Exam Questions and Answers Latest Updated 2024/2025 | Scored A+
- Exam (elaborations) • 30 pages • 2024
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Pearson Vue Practice Exam Questions and Answers Latest Updated 2024/2025 | Scored A+. In stating a seller's price and terms to a prospective buyer, the seller's broker is required by the law of 
agency to state ONLY those terms that are 
a. included in the listing agreement 
b. based on the brokers evaluation of prevailing prices and terms 
c. favorable for the seller, as determined by the broker 
d. attractive to buyers, as determined by the broker a. included in the listing agreement 
a lot ...
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Champions Real Estate Exam: Law of Agency Latest Update 100% Pass
- Exam (elaborations) • 88 pages • 2024
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Champions Real Estate Exam: Law of 
Agency Latest Update 100% Pass 
 
This person hires an agent The Principal 
 
The agent works on behalf of this person the client (principal) 
 
This type of agency allows for the greatest range of authority Universal 
 
This is provided to the agent when there is written documentation that the agency relationship 
exists. Express authority 
 
This is the most limited of all the agency relationships Special agency 
 
This type of agency is created when a 3rd p...
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Champions Real Estate Exam: Law of Agency Latest Version Graded A+
- Exam (elaborations) • 88 pages • 2024
-
- $13.49
- + learn more
This person hires an agent The Principal 
The agent works on behalf of this person the client (principal) 
This type of agency allows for the greatest range of authority Universal 
This is provided to the agent when there is written documentation that the agency relationship 
exists. Express authority 
This is the most limited of all the agency relationships Special agency 
This type of agency is created when a 3rd party believes that an agent has authority that has NOT 
been granted by a princi...
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CompuCram Quiz 3 || All Answers Are Correct 100%.
- Exam (elaborations) • 17 pages • 2024
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Okay, because the buyer and seller have agreed to it correct answers A purchase and sales agreement stipulates that the earnest money deposit is placed in a separate interest-bearing Trust account, with any interest earned to be split between the buyer and seller. This is: 
 
Tell the cooperating broker that the check bounced correct answers If a client's earnest money check, upon being deposited in the broker's trust account, is returned for insufficient funds, the broker should: 
 
Turn it o...
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West Virginia Real Estate Specific Exam Questions and Answers Already Passed
- Exam (elaborations) • 28 pages • 2024
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West Virginia Real Estate Specific Exam 
Questions and Answers Already Passed 
 
Broker is ordering the sign for her new firm. Which is NOT a sign requirement? Letters at 
least 2 inches in height 
 
The Reason: Every sign shall prominently display the name of the broker, the term "Broker" and 
the company name, if any, all in letters not less than 1 inch in height. If the broker so desires, the 
names of the salespersons or associate brokers may be placed below the name of the broker. 
 
Brok...
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REAL ESTATE MISSISSIPPI QUESTIONS AND ANSWERS 100% PASS
- Exam (elaborations) • 28 pages • 2024
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REAL ESTATE MISSISSIPPI QUESTIONS 
 
AND ANSWERS 100% PASS 
 
How much time is given to pass the Mississippi salesperson exam? (Total includes State and 
National portion) 4 hours or 240 minutes 
 
How many continuing education hours are required? (Every renewal cycle) 16 hours 
 
In order to obtain a Mississippi Real Estate License must have a high school diploma? True 
 
How often must you renew your sales agent license? ( A renewal notice will be sent out about 90 
days before your expiration...
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Oklahoma real estate: exam Questions And Answers Rated A+ New Update Assured Satisfaction
- Exam (elaborations) • 26 pages • 2024
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According to the rules what constitutes good moral character - Answer-(1) Whether the probation period 
given in a conviction has been completed and fully satisfied to include fines, court costs, etc. 
(2) Whether the restitution ordered by a court in a criminal conviction or civil judgement has been fully 
satisfied. 
(3) Whether a bankruptcy that is real estate related has been discharged. 
(4) Whether an applicant has been denied licensure or a license has been suspended or revoked by this 
o...
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Florida Real Estate State Exam: Gold Coast Q&A CRAM EXAM 3&4
- Exam (elaborations) • 16 pages • 2024
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Sue the broker - Answer- Sales associate, Tim, received a signed contract from a buyer and ailed it to the seller. The seller agreed to the terms and the escrow deposit was deposited safely in the brokers escrow account. Tim has a disagreement with his broker and quits. The broker refuses to pau a commission since tim was not in his employ when the contact was actually received and signed. What should tim to? 
 
The one who engages the broker in a single agency relationship - Answer- Who is the ...
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| latest update 2024/25|COLORADO REAL ESTATE STATE EXAM PART 1: EXAM REVIEW QUESTIONS AND ANSWERS, WITH RATIONALE/ GRADED A+/
- Exam (elaborations) • 23 pages • 2024
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| latest update 2024/25|COLORADO REAL ESTATE STATE EXAM PART 1: EXAM REVIEW 
QUESTIONS AND ANSWERS, WITH RATIONALE/ GRADED A+/ 
According to the Exclusive-Right-To-Sell Listing Contract, what happens to the earnest money if the buyer 
defaults? 
a.The seller and listing broker evenly split the funds 
b.The mediator decides who receives the funds 
c.The seller gets the funds 
d.The buyer receives the funds back - -c.The seller gets the funds 
Buyer is in default 
If a broker moves his place of ...
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