Brokerage agr - Study guides, Class notes & Summaries

Which of the following statements is not true concerning security deposits? - The security deposit is landlord property until and unless it must be refunded. What are the three kinds of maintenance a manager has to carry out for a managed property? - Routine, preventive, and corrective. An agent contacted an owner to see if they might want to sell the property. The agent said, "I think I can get you $250,000," which surprised the owner. The owner said, "Ok, and anything over that can be ...

Procuring Cause -:- is traceable by an uninterrupted series of casual events. A transaction broker agreement may have a clause to automatically extend the agreement -:- if a transaction is underway when the agreement expires. An agent contacted an owner to see if they might want to sell the property. The agent said, "I think I can get you $250,000," which surprised the owner. The owner said, "Ok, and anything over that can be your commission." This is: -:- a net listing and could...

312. Florida has established three authorized brokerage relationships. Unless otherwise established by agreement, what is the broker's relationship with the public? a. Nonrepresentation b. Single agency c. Dual agency d. Transaction brokerage - CORRECT ANSWER-D. Transaction brokerage 242. A broker has been found guilty of mail fraud by a court and sent to jail. The broker's license will: a. Automatically be revoked b. Automatically be suspended c. Probably be revoked because of the...

Illinois Real Estate Leasing Exam Prep Questions With Solved Solutions, Graded A +