Listing agre - Study guides, Class notes & Summaries

Chapter 8 Listing Agreements (Colibri Real Estate) Exam Questions and Complete Solutions After much persistence, real estate agent Zelda obtains an exclusive right to sell listing from the Quincys. This listing agreement is a contract between: Zelda and the listing firm Zelda's firm and the seller The firm, Zelda, and the seller Zelda and the seller - Answer: Zelda's firm and the seller Even though it is prepared by an individual licensee, a listing agreement is a contract between ...

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Pearson Vue Test questions with 100% correct answers Which of the following terms BEST describes personal property that, by its attachment to real property, is regarded as real estate? A. Emblements B. Personality C. Fixtures D. Appliances -Correct Answer-C A salesperson who completes a written listing agreement with a seller is helping to create a contractual relationship between the: A. salesperson and the seller B. salesperson and the buyer C. salesperson and t...

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Pearson Vue Assessment Test Questions with Correct Answers When a buyer purchases a property subject to a seller's existing mortgage, which of the following statements is CORRECT? A. The seller's credit will not be affected by foreclosure on the property. B. The seller is released from all liability of the loan. C. Any mortgage loan obtained by the buyer to complete the purchase will be a first mortgage loan. D. The seller's obligations under the existing mortgage remain un...

Mark, a licensed broker, procures a ready, willing, and able buyer for his seller-principal. The seller accepts the buyer's offer in writing. Just before the schedule closing, the seller has a change of heart and refuses to sell. Mark - Answer- is entitle to collect a full commission A real estate company has entered into agency agreements with both a seller and a buyer. The buyer is interested in making an offer on the seller's property. Can this occur? - Answer- Yes, if the buyer and sell...

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