A licensee is representing a seller in a commercia...

Texas Real Estate National Exam Latest Update

Question Number 39

A licensee is representing a seller in a commercial transaction. The property is under contract and all contingencies have been met. The listing agent learns the State Department of Transportation has authorized the construction of an exit ramp to the interstate right behind the commercial property. The exit ramp will greatly increase the value of the seller's property. What should the agent do?

tell the seller and help the seller to void the contract with the buyer.

tell the seller and encourage the seller to complete the negotiated sale

keep the information to himself

tell the seller and convince the seller to speak with an attorney about voiding the contract

✔ Correct Answer:

tell the seller and encourage the seller to complete the negotiated sale

Related questions :

Learnexams makes simple learning tools that let you study anything. Start learning today with Real exams, Practice Tests and learning tools

About us

Terms and Conditions

Intellectual Property Rights

Refund policy

Texas Real Estate National Exam Latest Update

Question Number 39

Count Down:

Related questions :