When a brokerage firm is a dual agent, when do the fiduciary duties to the client become limited?
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An agency which is voluntarily created through contractual a…
An agency which is voluntarily created through contractual agreement between the principal/client and the agent is known as a/an
When should the owner provide the completed disclosure state…
When should the owner provide the completed disclosure statement to the purchaser?
In the Practice Act the term ______ replaced the common law…
In the Practice Act the term ______ replaced the common law term, principal.
Broker Allen has a listing on property owned by seller Betty…
Broker Allen has a listing on property owned by seller Betty. Which of the following should not be disclosed because it is a duty of confidentiality?
If the owner attaches a descriptive report from an engineer,…
If the owner attaches a descriptive report from an engineer, contractor, pest control operator, expert or public agency, then
An addendum must be attached if a property is subject to cov…
An addendum must be attached if a property is subject to covenants, conditions, restrictions, bylaws or rules of an owner’s association. Which of the following lists only organizations considered an owner’s association?
An agent disclosed to the customer that he/she represents a…
An agent disclosed to the customer that he/she represents a client and he/she also disclosed the client’s identity. What type of principal is the client?
There are fifteen exemptions to the law requiring an owner t…
There are fifteen exemptions to the law requiring an owner to answer questions about the condition of the property. Which of the following is one of these exemptions?
The major benefit of the disclosure form to the licensee is…
The major benefit of the disclosure form to the licensee is that it