Arizona School of Real Estate and Business

In a listing agreement, the seller would be the.. - correct answer Employer The annual gross multiplier is calculated by - correct answer Dividing the price paid by the annual gross income A Real Estate broker is normally what type of agent - correct answer Special Agent Who does a salesperson represent - correct answer Employing Broker A salespersons right to compensation is based on - correct answer Having a valid license What is not required for a listing contract to ...

When a deed in lieu of foreclosure is given to a lender, which of the following is true? - correct answer Time and cost are less B buys land from W using a deed of trust as security for the carryback. B makes all the payments except the final three and is now in default. W does nothing and decides not to foreclose until later. By doing this W is exercising his right of: - correct answer Forbearance A commercial building is sold in a foreclosure for $100,000 less than the balance due th...