Agency agreement Study guides, Class notes & Summaries
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Texas Promulgated Contracts-CHAMPIONS Exam 2022-2023.
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Texas Promulgated Contracts-CHAMPIONS STUDY 2022-2023. 
The elements of a valid contract are, competent parties, consideration, legal subject matter, in writing, and ___________. 
 
(a) Default 
 
(b) Mutual consent 
 
(c) Property condition 
 
(d) Recording 
 
A(n) __________________ contract is defined as a contract that is binding on the parties, with one or more of the parties having contractual duties that have not yet been performed. 
 
(a) Executory 
 
(b) Executed 
 
(c) Bilatera...
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CMIT Exam Study Questions & Answers | 200 Questions with 100% Correct Answers | Verified | Latest Update | 43 Pages
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A CM's role and responsibilities are governed solely by the Owner/CM Agreement. 
True False - True 
There are two basic forms of CM, agency and at-risk. Each form provides for the basic services 
of construction management practice. However, there are some key differences. Which of the 
following do not apply to both CM forms? 
A) Both forms provide advice to the owner on constructibility, budget and the schedule. 
B) Both require that the liabilities and risks assumed by the parties be clearly...
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REAL ESTATE U FINAL EXAM QUESTIONS AND VERIFIED ANSWERS 2024 GRADED A.
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REAL ESTATE U FINAL EXAM 
QUESTIONS AND VERIFIED 
ANSWERS 2024 GRADED A. 
2 / 8 
1. Article 12-A of the NYS Real Property Law: The section of the NewYork RealProperty Law 
pertaining to real estate salespersons and brokers. 
- Primary purpose is to "Protect the Public" 
- Requires a salesperson to be at least 18 years of age 
- Requires a broker to be at least 20 years of age 
2. Sponsor: A licensed real estate broker that holds the license of a salesperson. 
3. "Summary ofYour Submission": ...
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Sample NYLE Questions and Answers Already Passed
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Sample NYLE Questions and Answers 
 
Already Passed 
 
A lawyer who is a member of a law firm organized as a professional service limited liability 
company is personally liable for professional malpractice committed by The lawyer herself 
and any person in the firm under her direct supervision and control. 
 
A release given to one of two or more tortfeasors liable for the same injury reduces the amount 
the injured party can recover from the non-settling tortfeasor by The greater of the amount...
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NCOA JNT-201S Exam - Questions and Answers
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NCOA JNT-201S Exam - Questions and Answers As technical and functional experts, specialized practitioners, and advisors steeped in tactics, techniques, and procedures, NCOs/POs carry out both the art and the science of the: Profession of Arms The officer-NCO/PO relationship is one of the hallmarks of the Armed Forces and a key element in _______ effectiveness. Unit Heroic and righteous acts of selfless ______courage highlight the history and fidelity of the NCO/PO. Physical and Moral TSgt Smit...
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Illinois Real Estate Broker PSI Practice Exam | Questions with 100% Correct Answers | Verified | Latest Update 2024
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A licensee was showing property in an eight-unit complex to a prospective tenant using a motorized 
wheelchair. The tenant wanted to rent a unit, install grab bars in the bathroom, and lower all the door 
handles. The landlord... - Must allow the tenant to make the modifications at the tenants expense, 
but can require, by the terms of the lease, restoration of the property 
Which of the following is the best description of a fee simple estate? - The most complete ownership 
in property that one...
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PSI Exam Questions and Answers 100% Pass
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PSI Exam Questions and Answers 100% Pass what would prevent a seller from providing marketable title Mechanics lien 
the seller has required that the buyer must use his title insurance company and that brokers reduce their portion of the real estate commission, increasing the sellers net proceeds This is illegeal according to respa 
If a license mentions MLS when advertising, the advertisement must include the name of the MLS 
According to the New Jersey Real estate Licensing Laws, which of the ...
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Colorado Real Estate – Contracts Exam Questions and Answers 100% Pass
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Colorado Real Estate – Contracts Exam 
Questions and Answers 100% Pass 
vicarious liability - Correct Answer ️️ -a principal's liability for an agent's acts performed 
within the scope of the agency; specifically excluded by Colorado statute from a 
principal's liability unless the act or omission was approved, directed or ratified. (The 
employing broker is responsible to licensees actions) 
Sam is an associate broker who wishes to purchase investment property. What must 
Sam do when t...
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Law 3220 Exam 4 Clemson Latest Update Graded A
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Law 3220 Exam 4 Clemson Latest Update Graded A Agency An agency is created when a person or company (an agent) agrees to act for or in place of another person or company (the principal) 
Parties in an Agency -The principal creates authority in an agent -The agent receives authority and carries out the principal's instructions -Third parties make contract or are involved in torts with the agents 
Disclosed Principal Identity of principal is known by the third party at time of making of contract ...
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Gold Coast Real Estate Exam Questions With Verified Answers Latest 2024 Graded A+
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Gold Coast Real Estate Exam Questions With Verified Answers Latest 2024 Graded A+ . Tract building - Answer- When a dev. Acquired land, records a plat map and uses a 
model center from which sales may be made 
Local level - Answer- Planning, zoning, property taxation, building and health codes and 
regulations, and building moratoriums that affect development play a significant role in 
the cost and desirability of real estate 
Broker associate - Answer- A licensed broker working for another bro...
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