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Idaho - brokerage representation agency law Questions and Answers 2024 $14.49   Add to cart

Exam (elaborations)

Idaho - brokerage representation agency law Questions and Answers 2024

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  • Course
  • Idaho real estate
  • Institution
  • Idaho Real Estate

Idaho - brokerage representation agency law

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  • August 27, 2024
  • 4
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • Idaho real estate
  • Idaho real estate
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julianah420
Idaho - brokerage representation agency
law



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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