a. a real estate assistant. Which of the following BEST describes a designated agency transaction? They can reveal confidential information: 0000280555 00000 n b. 0000004644 00000 n \end{array} & \begin{array}{c} (8) A transaction-broker may cooperate with other brokers but shall not engage or create any subagents. Grievance Committee, Professional Standards Committee and Board of Directors. b. local real estate board's minimum wage guarantee to agents. duties to clients and customers, duties to the public, and duties to REALTORS. 0000023485 00000 n 0000272861 00000 n b. directly from his consumer-principal. B) companies agreeing on fees charged to sellers. 25&\text{Sale}&150\\ 0000008836 00000 n d. terms of the purchase contract require the agent to do so. 0000010860 00000 n Thirty tomato plants grown in similar conditions were subjected to various amounts of fertilizer over a four-month period, and then their heights were measured. A leak around the flashing of the chimney 0000012652 00000 n Environmental Issues & the Real Estate Transa, Tennessee License Law Enforcement Overview, Operations Management: Sustainability and Supply Chain Management, The Cultural Landscape: An Introduction to Human Geography, AP Edition. 0000031867 00000 n c. unacceptable unless there are multiple offers on the property. \text{b. Today is day 205 on the yard's schedule. WebIn filing property with the multiple listing service, participants make blanket unilateral offers of compensation to the other MLS participants and shall therefore specify on each listing filed with the service the compensation being offered Web(7) There shall be no imputation of knowledge or information between any party and the transaction-broker or among persons within an entity engaged as a transaction-broker. Chapter 15 Flashcards - Cram.com A) The agreement does not violate antitrust laws. (Signed) Sadia." by jwkotler@mac.com, If a What can REALTORS advertise their services or properties? c. no one. A) have the same force and effect as statutory law. d. an attorney in fact. a. disclose to the buyer that the seller is a member of a minority group. To buy, sell or lease Washington real estate, a California broker may either: cooperate with a Washington broker; or; obtain a Washington broker license. The name of that REALTOR firm in an apparent manner. This is referred to as a, A sales person may advertise a property for sale only if he or she, b. uses the employing brokers name in the advertisement. fund that will provide $3000 for tuition at the The matter cannot be subject to future litigation or arbitration. \text{Aug. 8}&\text{Purchase inventory}&190&~~9.25\\ Web* cooperate with real estate licensees working with the seller, if any, to effect a transaction. Mediation can save time and money and is more informal than arbitration. C) be the procuring cause of the sale. 0000011505 00000 n d.A licensed broker who has prior confidential knowledge about the party that the BIC will represent. The North Carolina Working with Real Estate Agents brochure must be given 0000011655 00000 n d. belong to a real estate board, A licensee may receive compensation or commission from When a real estate agent is acting as an agent or in legally recognized nonagent capacities, such as transaction broker or facilitator. 0000006356 00000 n \end{array} WebCooperative broker A broker from another company that is participating as an active agent in a transaction for the listing broker. A licensee is an actively licensed real estate broker who has a written contract with his firm that specifies that he will not be treated like an employee.
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