Real Estate Law 44

admin 2019.05.09 20:33 Views : 230

Check Your Understanding Answers

  1. What does it indicate if section C(2) of the Agency Relationship provision is checked?

    The buyer does not consent to the possibility of a dual agency relationship between broker and buyer. By checking this section, only a single agency relationship is possible between the parties.
     
  2. Describe the Other Potential Buyers section of Paragraph 2.

    This section discusses the possibility of the broker having other potential buyers who may be in competition for similar homes as the buyer.
     
  3. According to the agreement, what is the definition of “buyer”?

    Section 3F defines a buyer as any person or entity who acts on buyer’s behalf to purchase property.
     
  4. List three activities the buyer authorizes the broker to do during the term of the agreement. (Additional correct answers on page 51.)
    • Locate properties, present offers, and assist the buyer in negotiating such offers
    • Provide guidance to buyer through the transaction process
    • Obtain credit report on buyer
    •  
No. Subject Author Date Views
262 Real Estate Law 52 admin 2019.05.10 224
261 Real Estate Law 51 admin 2019.05.10 209
260 Real Estate Law 50 admin 2019.05.10 306
259 Real Estate Law 49 admin 2019.05.10 269
258 Real Estate Law 48 admin 2019.05.10 273
257 Real Estate Law 47 admin 2019.05.10 232
256 Real Estate Law 46 admin 2019.05.10 228
255 Quiz 7 admin 2019.05.09 32808
254 Real Estate Law 45 admin 2019.05.09 222
» Real Estate Law 44 admin 2019.05.09 230
252 Real Estate Law 43 admin 2019.05.09 243
251 Real Estate Law 42 admin 2019.05.09 232
250 Real Estate Law 41 admin 2019.05.09 247
249 Real Estate Law 40 admin 2019.05.09 224
248 Real Estate Law 39 admin 2019.05.08 287
247 Real Estate Law 38 admin 2019.05.08 333
246 Quiz 6 admin 2019.05.08 25103
245 Real Estate Law 37 admin 2019.05.08 225
244 Real Estate Law 36 admin 2019.05.08 230
243 Real Estate Law 35 admin 2019.05.08 244