Ch. 8 Quiz Flashcards What do we call an agent who represents only one party in a real estate transaction? Exclusive agent--Single agentSubagentBroker agent Seller Jim provides a buyer with a forge...
View study materialSection 39 unit 5 lesson 2 Flashcards Licensees may encounter several potential issues when advertising and marketing property. Match each issue with its meaning.ExaggeratingA. NegligenceB. Puffing...
View study materialReal estate key terms (puffin,steering etc) (need work) Flashcards Bilateral Contract A contract formed by exchange of promises.Promise for promise Ex: Exclusive listing Misrepresentation An untrue...
View study materialFL REAL ESTATE LAWS Flashcards A real estate broker is someone who holds a broker license issued by the Florida Division of Real Estate (DRE), which operates under the Department of Business and Pr...
View study materialCHAPTER 11: Real Estate Contracts Flashcards A seller wishes to net $140,000 from the sale of a property. Closing costs are estimated to be $3,600, and the broker will receive a 7% commission. What...
View study materialReal Estate Contracts ) Chapter 12 _ Prin. of R.E. Flashcards A committee that drafts and revises standard contract forms to be used by real estate licensees. unenforceable contract An agreement en...
View study materialContract Musts, Express and Implied Contracts, Bilateral and Unilateral Contracts Flashcards Express and Implied Contracts express contract (also called an express agreement) exists when the partie...
View study materialReal Estate Capital Markets Flashcards Does the law of one price hold?Equity REIT example- price per share should be equivalent to the NAV (net asset value)- But doesn't happen, fluctuates between ...
View study materialNJ Real Estate Unit 11: Real Estate Contracts Flashcards Competent Parties those legally qualified to enter into contracts Consideration something of value given in exchange Executed Contract contr...
View study materialChapter 4 Quiz Flashcards What are included steps in agency disclosure?a. Discloseb. Electc. Confirmd. all answers are correct. d. all answers are correct. When you authorize a broker to act for yo...
View study materialReal Estate Practice FINAL EXAM Flashcards Any person who is actively involved in a real estate transaction at the service of another, in the exception of receiving a commission, must be: Licensed ...
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