Exam (elaborations)
Idaho - brokerage representation agency law Questions and Answers 2024
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Idaho - brokerage representation agency law
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Idaho - brokerage representation agencylaw
a listing agreement with a seller in idaho must have all the prescribed information
except - answerthe commission split the listing will offer a cooperating broker
broker A refers a buyer to Broker B across the state - what duties does Btokrt A owe to
the buyer during the sale - answernone
all of your listings belong to whom - answeryour broker
in an office that allows for limited dual agency with assigned agents how should the
broker himself work with a buyer client to buy an in house listing of one of her agents -
answerhe would represent the buyer with limited dual without assigned agents
in a sale the seller is a client fo firm A and the buyer is a client of firm B - what is true
regarding agency law - answerit is single agency
may the broker work directly with the buyer or seller clients in a transaction if the other
client is being handled by another agent of the firm in an assigned agent scenario -
answerno the broker must remain the dual agent
which is true of limited dual agency with assigned agents - answereach agent may
advocate fully for their client in the sale
if a builder also has an active idaho license what must they do when they sell their
homes - answerdisclose their licensee status on any purchase and sales agreement
the term used to describe the special relationship of trust and confidence between agent
and principal is - answerfiduciary
when does a party become a client of the brokerage firm in idaho - answerwhen they
sign an agency representation agreement
which is true of the statutory duties licensees owe to customers and clients -
answerthey are mandatory and cannot be waived
information obtained about a client of your firm just be held in confidence - answerfrom
that time forward, even after the end of the relationship
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