Real Estate Law 29

admin 2019.05.07 13:01 Views : 664

Check You Understanding Answers

  1. What should an agent do if he or she realizes there is agency that has not been properly disclosed to someone?

    The agent should immediately provide property disclosure and/or end agency with one or both clients to show sincerity in fixing the disclosure that should have taken place. 
     
  2. Although legal in California, why is dual agency not encouraged?

    It is not encouraged due to the obvious conflict of interests it creates between parties in a real estate transaction since it limits the ability of brokers and agents to perform their fiduciary responsibilities. 
     
  3. What informational disclosure form must be provided to both sellers and buyers before they sign agency agreements with a broker?

    C.A.R Standard Form AD - “Disclosure Regarding Real Estate Agency Relationships”
     
  4. How must confirmation of agency relationships be done?

    Agency relationships must be must be confirmed in writing in either the purchase contract or in C.A.R Standard Form AC-6.
No. Subject Author Date Views
242 Real Estate Law 34 admin 2019.05.08 53840
241 Real Estate Law 33 admin 2019.05.08 220
240 Real Estate Law 32 admin 2019.05.08 245
239 Real Estate Law 31 admin 2019.05.08 16526
238 Performance and Forbearance / Default and Breach admin 2019.05.08 878
237 Real Estate Law 30 admin 2019.05.07 244
236 Quiz 5 admin 2019.05.07 12193
» Real Estate Law 29 admin 2019.05.07 664
234 Real Estate Law 28 admin 2019.05.07 228
233 Real Estate Law 27 admin 2019.05.07 234
232 Real Estate Law 26 admin 2019.05.07 236
231 Real Estate Law 25 admin 2019.05.07 222
230 Real Estate Law 24 admin 2019.05.07 230
229 Real Estate Law 23 admin 2019.05.07 226
228 Real Estate Law 22 admin 2019.05.07 220
227 Quiz 4 admin 2019.05.06 9006
226 Real Estate Law 21 admin 2019.05.06 233
225 Real Estate Law 20 admin 2019.05.06 284
224 Real Estate Law 19 admin 2019.05.06 229
223 Real Estate Law 18 admin 2019.05.06 246