Rele 2201 - Study guides, Class notes & Summaries

RELE 2201 Final Review UPDATED Exam Questions and CORRECT Answers A seller listed her home with XYZ Brokerage. A buyer went to ABC Realty and the broker agreed to help her find a home. The buyer's broker found the XYZ listing in MLS and showed it to the buyer who wrote an offer. MLS offered compensation to both buyer's agents and subagents. Which is a TRUE statement - Correct Answer- The ABC broker must be the agent of the buyer

RELE 2201 Final Review New Update Questions and Answers

RELE 2201 CHAPTER 11 REVIEW RATED A All of the following are essential elements to a cause of action for fraud except mistake As originally written, the DTPA did not cover real estate transactions. True Consumers are protected under DTPA from A. false, misleading and deceptive practices. B. unconscionable actions. C. breaches in warranty. ALL OF THE ABOVE One of the advantages of DTPA to consumers is that they may recover more than just actual damages. True Punitive damages are punishing da...

RELE 2201 Final Review | complete testbank | latest 2023/24 A seller listed her home with XYZ Brokerage. A buyer went to ABC Realty and the broker agreed to help her find a home. The buyer's broker found the XYZ listing in MLS and showed it to the buyer who wrote an offer. MLS offered compensation to both buyer's agents and subagents. Which is a TRUE statement - The ABC broker must be the agent of the buyer Barry, acting as a real estate agent, has the primary duty to - represent the int...

RELE 2201 CHAPTER 9 REVIEW (2023/2024) ALREADY PASSED Jesse Longoria is the broker/owner of West Texas Realty. As the responsible broker, he may also be referred to as A. sponsoring broker. B. designated broker. C. principal broker. ALL OF THE ABOVE Lena is a broker associated with Yokohama Realty. She holds which of the following licenses? brokers license The relationship between a broker and licensees associated with the broker is A. an agency relationship. B. a non-agency relationship. ...

RELE 2201 CHAPTER 8 REVIEW (2023/2024) ALREADY GRADED A Texas agency disclosure laws apply to residential licensees but not to commercial licensees or licensees involved with property management or farms and ranches. FALSE Agency is a consensual relationship that requires both consent by the agent and a delegation of authority by the principal or client. TRUE Presentation of the statutory written statement regarding the roles brokers might take in a transaction would be sufficient to also mee...

RELE 2201 CHAPTER 9 REVIEW (2023/2024)

RELE 2201 CHAPTER 8 REVIEW (2023/2024

RELE 2201 CHAPTER 11 REVIEW