Post licensing 301 - Study guides, Class notes & Summaries

POST LICENSING 301 NC STUDY QUESTIONS

NC POST LICENSING 301 QUESTIONS AND ANSWERS

1/50 Under which of the following circumstances would the client and agent most likely mutually agree to terminate a listing? a A buyer approached the seller with a much higher offer than the current listing price. b The agent and client don't agree on the best way to price, maintain, and market the property. c The client has found a buyer and wants to avoid paying a commission. d The client's cousin just became licensed and needs her first listing. - ANSWER b The agent and client don't a...

NCREL POST LICENSING 301 BROKER RELATIONSHIPS AND RESPONSIBILITIES EXAM QUESTIONS AND VERIFIED ANSWERS...

POST LICENSING 301 QUESTIONS AND ANSWERS

Post licensing 301 NC study Questions And Answers When must a seller's agent or subagent initially disclose agency status to a buyer? - ANS before buyer and buyer's agent discuss motivation and financial information seller's sub agent - ANS no written or oral buyer agency OLD CAR - ANS obedience loyalty disclosure confidentiality accounting reasonable care In dual agency, the agent's duties are _____ to being a facilitator - ANS reduced What statement would requi...

Real Estate Post Licensing 301 - Working as a Limited Services Broker & Multiple Listing Service and Issues Chapters questions Questions And Answers Betul, a broker affiliated with Green Acres Realty, is in a listing meeting with Justin. Justin decides he would like to work with Betul and Green Acres Realty. According to North Carolina Real Estate Commission rules, what does Betul need to do in order to create an agency relationship with Justin? A) Betul can have an oral agreement w...

NC POST LICENSING 301 QUESTIONS AND ANSWERS

Post licensing 301 NC study questions with complete verified solutions

Post licensing 301 NC study questions Questions And Answers What statement would require full disclosure of all financing terms in compliance with TILA, Reg Z and RESPA any number amount triggers full disclosure: 4.5% APR or $2000 down A _____foreclosure is material fact and it must be______. filed foreclosure; must be disclosed If it is not_______, you shouldn't be talking about it. material fact T/F AS-IS relieves seller from disclosing material fact F, AS-IS does not relieve re...