Texas law of agency - Study guides, Class notes & Summaries

TX-Brokerage (SAE) Questions with correct Answers 2024 The _____ is required to ascertain that Brokers are aware of all of their responsibilities. Texas Real Estate Commission The _____ course is to address the regulatory aspects of the management, operation and supervision of a real estate brokerage firm in Texas. The course provides an understanding and working knowledge of a broker's responsibilities and obligations under 22 TAC §535.2. Broker Responsibility MCE Who Must Ta...

1-1 A special agent is also referred to as a(n): - ACCURATE ANSWERlimited agent 1-2 The role of the _____ never changed in a listing or buyer representation agreement: - ACCURATE ANSWERthird party 1 Exam In Texas, a broker may offer a limited form of representation to both parties called: - ACCURATE ANSWERintermediary 1 Exam The role of each cast member (agent, principal, third party) plays is determined by the type of _____ used. - ACCURATE ANSWERemployment agreement 1 Exam A(n...

Real Estate: Texas Law of Agency Exam Questions And Answers Agency - ANS A relationship established between a principal and a real estate agent Agent - ANS The person who is authorized to represent and act on the behalf of another person Brokerage Agreement - ANS A written or oral agreement for brokerage services in exchange for compensation Client - ANS A person who is being represented by an agent Consumer - ANS A person requesting or receiving licensed services Cu...

Real Estate: Texas Law of Agency Questions with Certified Solutions Agency A relationship established between a principal and a real estate agent Agent The person who is authorized to represent and act on the behalf of another person Brokerage Agreement A written or oral agreement for brokerage services in exchange for compensation Client A person who is being represented by an agent Consumer A person requesting or receiving licensed services Customer A person who is not represented by an a...

Texas Law of Agency: Quiz Questions with Complete Solutions One who acts for and with authority from another, called the principal, is known as a/an...? Agent Attorney Employee Partner Agent If an individual works as an associate broker, who must they work under...? An associate licensee An associate broker does not work under anyone A real estate salesperson A sponsoring broker A Sponsoring Broker The Information About Brokerage Services form is presented by the broker to the...? Asso...

TEXAS LAW OF AGENCY ACEABLE PRACTICE TESTS

Texas Law of Agency- CE Source Questions and Answers Graded A Which entity may act independently in conducting a real estate transaction? Broker Which of the following is NOT a growing trend in real estate transactions? 1. Lower consumer expectations. 2. Use of buyer brokerage. 3. Legal protections for consumers. 4. Greater licensee professionalism. 1. Lower consumer expectations A licensee is prohibited from performing which of the following for a customer? 1. Discuss different types of m...

Texas Pesticide Applicators General Standards Questions and Answers 100% CorrectTexas Pesticide Applicators General Standards Questions and Answers 100% CorrectTexas Pesticide Applicators General Standards Questions and Answers 100% CorrectTexas Pesticide Applicators General Standards Questions and Answers 100% Correct If unsupervised, you must have a license to legally work with restricted pesticides, but not to work with state-limited pesticides. - ANSWER-False To legally perform structura...

Texas Law of Agency: Mini-Quizzes with correct answers

Real Estate: Texas Law of Agency (2023/2024) 100% Pass Agency A relationship established between a principal and a real estate agent Agent The person who is authorized to represent and act on the behalf of another person Brokerage Agreement A written or oral agreement for brokerage services in exchange for compensation Client A person who is being represented by an agent Consumer A person requesting or receiving licensed services Customer A person who is not represented by an agent, but rec...