Nonagency - Study guides, Class notes & Summaries

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Alabama Real Estate Exam Questions and Answers Graded A
  • Alabama Real Estate Exam Questions and Answers Graded A

  • Exam (elaborations) • 41 pages • 2023
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  • Alabama Real Estate Exam Questions and Answers Graded A A ___________ agency is created when a broker designates another real estate agent in the same office to represent either a buyer or a seller because they cannot fully represent both parties being a dual agency. designated agency A _________ agency gives the agent authority to do one specific thing on the principal's behalf. special or specific A _________ agency gives the agent the authority to do several activities on the principal's...
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Alabama Real Estate Exam 2023-2024 Questions & Answers 100% Correct
  • Alabama Real Estate Exam 2023-2024 Questions & Answers 100% Correct

  • Exam (elaborations) • 21 pages • 2023
  • Available in package deal
  • Special or Specific Agency - ANSWER-The Principal gives the agent authority to do one specific thing-sell property. They enter into a contract that stipulates how the task will be done-multiple listings of the property, commission paid etc. General - ANSWER-Principal and agent enter into a contract giving the agent the authority to conduct several activities-show property to renters, check references and negotiate leases. Designated agency - ANSWER-A dual agent cannot fully represent both ...
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Superior Real Estate Chapter 7 Exam 2024 Questions and Answers (Graded A)
  • Superior Real Estate Chapter 7 Exam 2024 Questions and Answers (Graded A)

  • Exam (elaborations) • 17 pages • 2024
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  • Superior Real Estate Chapter 7 Exam 2024 Questions and Answers (Graded A) Agency -Answer-A relationship that exists in which one person is empowered to act on behalf of another; SIMPLY STATED: ACTING ON BEHALF OF ANOTHER Common Law of Agency -Answer-NCREC requires all agency agreements to be IN WRITING Principal/Client -Answer-The person for whom the agent acts Typically the party who hires the agents to act on his behalf Could be the buyer in a buyer agency agreement or the seller in a ...
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Idaho Real Estate Exam (chapters 1 - 4) already passed
  • Idaho Real Estate Exam (chapters 1 - 4) already passed

  • Exam (elaborations) • 9 pages • 2023
  • Available in package deal
  • Idaho Real Estate Exam (chapters 1 - 4) already passed NAR is a --- organization? Trade Who is responsible for all Idaho real estate licensing Irec Who funds IREC? All licensees How many IREC commissioners? 4 How many members make up Educational Council? 6 IREC meets how often? Monthly Who is responsible for disciplinary action? Commissioners Population of Idaho? 1.5 million, 600k households How long is IREC commissioner term? 4 years IREC commissioners must have a minimum --- year term...
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Alabama Real Estate Exam 2023-2024 - Questions & Answers 100% Correct
  • Alabama Real Estate Exam 2023-2024 - Questions & Answers 100% Correct

  • Exam (elaborations) • 18 pages • 2023
  • Available in package deal
  • A ___________ agency is created when a broker designates another real estate agent in the same office to represent either a buyer or a seller because they cannot fully represent both parties being a dual agency. - ANSWER-designated agency A _________ agency gives the agent authority to do one specific thing on the principal's behalf. - ANSWER-special or specific A _________ agency gives the agent the authority to do several activities on the principal's behalf. - ANSWER-general A brok...
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Alabama Real Estate
  • Alabama Real Estate

  • Exam (elaborations) • 28 pages • 2024
  • Available in package deal
  • Alabama Real Estate Exam Already Graded A+ Special or Specific Agency ️The Principal gives the agent authority to do one specific thing-sell property. They enter into a contract that stipulates how the task will be done-multiple listings of the property, commission paid etc. General ️Principal and agent enter into a contract giving the agent the authority to conduct several activities-show property to renters, check references and negotiate leases. Designated agency ️A dual age...
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Alabama Real Estate Exam Self-Study Questions and Answers
  • Alabama Real Estate Exam Self-Study Questions and Answers

  • Exam (elaborations) • 18 pages • 2024
  • Available in package deal
  • A ___________ agency is created when a broker designates another real estate agent in the same office to represent either a buyer or a seller because they cannot fully represent both parties being a dual agency. designated agency A _________ agency gives the agent authority to do one specific thing on the principal's behalf. special or specific A _________ agency gives the agent the authority to do several activities on the principal's behalf. general A brokerage which facilitates the trans...
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CFA Level 1 Formulas Exams 245 Questions with Answers,100% CORRECT
  • CFA Level 1 Formulas Exams 245 Questions with Answers,100% CORRECT

  • Exam (elaborations) • 17 pages • 2023
  • CFA Level 1 Formulas Exams 245 Questions with Answers Price change based on convexity - CORRECT ANSWER -duration(change in yield)+1/2(convexity)(change in yield)^2 Effective Duration - CORRECT ANSWER Required if a bond has embedded options: [(v-)-(v+)]/[2V0(change in curve)] Modified Duration - CORRECT ANSWER [(v-)-(v+)]/[2V0(change in yield)] Future Value - CORRECT ANSWER PV(1+(I/Y)^N) PV - CORRECT ANSWER FV/(1+r)^n PV of perpetuity - CORRECT ANSWER PMT / discount rate Ap...
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Alabama Real Estate Exam - Questions & Answers 2023
  • Alabama Real Estate Exam - Questions & Answers 2023

  • Exam (elaborations) • 24 pages • 2023
  • Alabama Real Estate Exam - Questions & Answers 2023 A ___________ agency is created when a broker designates another real estate agent in the same office to represent either a buyer or a seller because they cannot fully represent both parties being a dual agency. - ANSWER-designated agency A _________ agency gives the agent authority to do one specific thing on the principal's behalf. - ANSWER-special or specific A _________ agency gives the agent the authority to do several activiti...
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Alabama Real Estate Exam Questions and Answers 2023 with complete solution
  • Alabama Real Estate Exam Questions and Answers 2023 with complete solution

  • Exam (elaborations) • 19 pages • 2023
  • Alabama Real Estate Exam Questions and Answers 2023 with complete solution Special or Specific Agency The Principal gives the agent authority to do one specific thing-sell property. They enter into a contract that stipulates how the task will be done-multiple listings of the property, commission paid etc. General Principal and agent enter into a contract giving the agent the authority to conduct several activities-show property to renters, check references and negotiate leases. Designated...
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