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Texas Law of Agency questions and Answers complete

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Texas Law of Agency questions and Answers complete Protection against damage or loss. a. Fiduciary b. Indemnification c. Agency d. Customer e. Client B A person who receives limited brokerage services without establishing an agency relationship. a. Fiduciary b. Indemnification c....

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  • February 16, 2023
  • 54
  • 2022/2023
  • Exam (elaborations)
  • Questions & answers
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Texas Law of Agency questions and
Answers complete

Protection against damage or loss.


a. Fiduciary
b. Indemnification
c. Agency
d. Customer
e. Client
B
A person who receives limited brokerage services without establishing an agency
relationship.


a. Fiduciary
b. Indemnification
c. Agency
d. Customer
e. Client
D
Based on trust.


a. Fiduciary
b. Indemnification
c. Agency
d. Customer
e. Client
A

,Also known as the principal.


a. Fiduciary
b. Indemnification
c. Agency
d. Customer
e. Client
E
A relationship between two parties.


a. Fiduciary
b. Indemnification
c. Agency
d. Customer
e. Client
C
Refusing to tell a buyer how long a property has been on the market.


a. Customer Level
b. Client Level
c. Both
A
Helping the buyer formulate a negotiating strategy.


a. Customer Level
b. Client Level
c. Both
B
Disclosing material facts about a seller's property.


a. Customer Level

,b. Client Level
c. Both
C
Refusing to provide a negotiating strategy to a seller.


a. Customer Level
b. Client Level
c. Both
B
Providing public information related to the property, such as square footage, taxes.


a. Customer Level
b. Client Level
c. Both
C
Telling a buyer that a seller's property is overpriced.


a. Customer Level
b. Client Level
c. Both
B
Disclosing to a buyer that the current use of a property is in violation of deed restrictions.


a. Customer Level
b. Client Level
c. Both
C
Presenting a comparative market analysis to a buyer, showing the property is overpriced.


a. Customer Level

, b. Client Level
c. Both
B
Telling the seller that the buyer can offer more money for his property.


a. Customer Level
b. Client Level
c. Both
A
Leading a buyer to believe that you are working int he buyer's best interest.


a. Customer Level
b. Client Level
c. Both
B
Calling attention to negative features such as an inefficient floor plan.


a. Customer Level
b. Client Level
c. Both
B
Placing "Property Wanted" ads to find an appropriate property for a buyer.


a. Customer Level
b. Client Level
c. Both
B
Telling a seller's agent that an offer from your buyer is just a beginning point.


a. Customer Level

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