(a) fill out drafts on a pre-printed list form. b) the absence of a definition of an exclusive right to sell and an exclusive agency when registering a list of cooperatives. c) A serious deposit of money into a trust account. (d) acceptance of a commission directly by a seller. 6) The dual agency must be disclosed at the time of its decision; the seller consents to a dual agency when he signs the list. a) Bankruptcy b) Expiration of the term of the contract c) Waiver to the agent -Individual Broker:: a broker representing the buyer or seller in the transaction, but not both, 8) Before showing a property, a buyer broker must disclose his or her________________relationship to the seller. 5) If a buyer asks about termites and the seller makes a false termite report, would the nature of the fraud committed be described as? The practice of real estate is constantly evolving – and this also applies to the real estate vocabulary. Stay up to date with the first Tuesday`s digital real estate dictionary! 4) The power conferred on the broker as part of a special agency is described in the – which generally authorizes the broker to perform basic actions such as advertising and displaying the property. 3) In the following circumstances, would a broker lose or suspend his licence for an offence committed by an associate licensee? 3) If the representative represents the seller, he cannot disclose certain information without the express consent of the seller_s, but the agent must always Disclose_______________about the property. a) for, b) below, above c) with, d) for, under a) if the broker had any real knowledge of the breach. b) In all circumstances, the department is strictly responsible for all brokerage agents. c) Only if the broker to the violation of the associated law (d) a broker is never responsible for the actions of the employees under the doctrine of the reserve. 3) What is a licensed real estate agent who works under the supervision of a real estate agent and has been charged with representing a client when another client is also represented by such a real estate agent in the same transaction as the one mentioned? 12) This form is prescribed by New York law and is intended to help consumers make informed decisions about the relationship they wish to have with real estate licensees? 8) In the oral decision, is the licensee charged with an offence still a party? 7) What do we call a broker who represents a seller exclusively in a real estate transaction? 12) Statement _Let_s not doing business with XYZ Real Estate Company; do they disagree with their commissions_, would they likely oppose the rules on cartels and abuse of dominance as an example of one of the following? 5) Designated agency means that clients do not have at their disposal all the trust obligations they would have if they were fully involved in the sales agency or the buyer`s agency.
What the client abandons in this situation is the fiduciary duty of the undivided? 8) With regard to compensation in cooperative sales, the____________ broker is the person who manages commission sharing for the transaction. 11) When a buyer decides that he wants services at the customer level, the buyer signs a document that is considered to be a (year)