Ncrel post licensing - Study guides, Class notes & Summaries

Post Licensing Class 2 Broker Relationships and Responsibilities Exam Questions And Answers 100% Verified Dual Agency (red) - answerBecause the firmrepresents both the seller and the buyer, the firm becomes a "dual agent." -both clients with the same firm -firm acts more as a "facilitator"(tell me what to write) -Cannot give one side an advantage over the other. Beware of Undisclosed Unitentional Dual Agency (red) - answerIt is prohibited by both case law and NCREL both of which req...

Post Licensing Class 2 Broker Relationships and Responsibilities Exam Questions And Answers 100% Verified Dual Agency (red) - answerBecause the firmrepresents both the seller and the buyer, the firm becomes a "dual agent." -both clients with the same firm -firm acts more as a "facilitator"(tell me what to write) -Cannot give one side an advantage over the other. Beware of Undisclosed Unitentional Dual Agency (red) - answerIt is prohibited by both case law and NCREL both of which req...

NCREL POST LICENSING 301 BROKER RELATIONSHIPS AND RESPONSIBILITIES EXAM WITH LATEST QUESTIONS AND 100% CORRECT ANSWERS ALREADY GRADED A+ A seller's agent or sub-agent must initially disclose her agent status to a prospective buyer when? - ANSBefore buyer and agent discuss motivation or financial information. What fiduciary duties are owed to principals? - ANS-Obey, Loyalty, Disclosure, Confidentiality, Accounting, & Reasonable care (OLD CAR) As a dual agent, my fiduciary respon...

Post Licensing Class 2 Broker Relationships and Responsibilities Exam Questions And Answers 100% Verified Dual Agency (red) - answerBecause the firmrepresents both the seller and the buyer, the firm becomes a "dual agent." -both clients with the same firm -firm acts more as a "facilitator"(tell me what to write) -Cannot give one side an advantage over the other. Beware of Undisclosed Unitentional Dual Agency (red) - answerIt is prohibited by both case law and NCREL both of which req...