Real Estate Principles II Midterm Questions & 100% Correct Answers- Latest Test | Graded A+ | Passed
6 views 0 purchase
Course
Real Estate Principles
Institution
Real Estate Principles
To be enforceable, which element is required in an exclusive right-to-sell listing?
a. Consideration
b. Writing
c. Lawful purpose
d. All of these
-:- d. All of these
Which of the following listings does NOT require the agent to use diligence to locate a
buyer?
a. Exclusive agency
b. ...
Real Estate Principles II Midterm Questions &
100% Correct Answers- Latest Test | Graded
A+ | Passed
To be enforceable, which element is required in an exclusive right-to-sell listing?
a. Consideration
b. Writing
c. Lawful purpose
d. All of these
✓ -:- d. All of these
Which of the following listings does NOT require the agent to use diligence to locate a
By attaching and signing an arbitration agreement to the Exclusive Authorization and Right
to Sell, the seller and broker agree to
a. waive their rights to arbitrate.
b. arbitrate disputes if directed to by the court.
c. binding arbitration of disputes.
d. nonbinding arbitration of disputes.
✓ -:- c. binding arbitration of disputes.
The broker did not give the principal a copy of the listing. The broker did not violate law or
regulations because the listing was an
a. exclusive agency listing.
b. exclusive right to represent listing.
c. exclusive right to sell net listing.
d. open listing.
✓ -:- d. open listing.
4|Page | Grade A+| 2024/2025
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller TestTrackers. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $11.49. You're not tied to anything after your purchase.
