Psi 2024 made by me Flashcards c. Must make a diligent attempt to sell or lease the propertyA broker who enters into an exclusive agency listing contracta. Is guaranteed a commissionb. Must split h...
View study materialReal Estate Part 1 Unit 20 Flashcards What are the results of an option contract being recorded?Equitable interest in the property is created. List five items that are required for an option contra...
View study materialPuerto Rico Real Estate Flashcards One of the requirements of the Real Estate Settlement Procedures Act (RESPA) is that the lender must provide the purchaser with Good faith estimate of closing cos...
View study materialGeneral Real Property Law: Estates in Land Flashcards Doctrine of prior appropriation Each state has strict laws that govern the ownership and use of water as well as the adjacent land. The laws va...
View study materialChapter 8 Quiz Flashcards 14. A buyer's agent is most commonly compensated by:A. the buyer, through payment of a commissionB. the seller, through a commission splitC. the buyer, through payment of ...
View study materialNC Practice Exam 3 Flashcards Licensee Yolanda was selling her own home when she ______. Now she will face disciplinary action by the NCREC.Committed an act of misconductDisclosed her licensed stat...
View study materialReal Estate Course Level 9 Flashcards Forms of Agency Single Agency: Agent ----> ClientSubagency: Agent ----> Client, subagent works with both.Dual Agency: Agent works with 2 clients (buyer and sel...
View study materialBasic Real Estate Terms Flashcards a. Seller Disclosure Deadlineb. Due Diligence Deadlinec. Financial/Appraisal Deadlined. Settlement Deadline a. 5 days after accepted contractb. 14-17 days after a...
View study materialClimer Real Estate School study guide 100 questions Flashcards how to calculate your sales commission multiply by percentage complaint requirements step one is it legally sufficient or not metes an...
View study materialOhio Real Estate Principles & Practices Flashcards Conversion Wrongfully taking or retaining possession of an individual's personal property and placing it in the service of another. Escrow a writt...
View study materialChapter 2 Questions - part 2 Flashcards Jason, a buyer's broker, found a property for his client on the MLS. By agreeing to the cooperative arrangement of the MLS, who in addition to his client doe...
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