Brokerage under dtpa Study guides, Class notes & Summaries

A broker who fails to make it clear to all parties to a real estate transaction which party he or she is representing is normally punished through which of the following means? - A suspension of the broker's license A contract is terminated because the agent neglected to file all of the necessary paperwork to make the contract legal. This contract was terminated by which of the following? - Operation of Law A licensee inadvertently representing more than one party is normally also... - an ...

SAE Brokerage Texas Exam Questions Correctly Answered. Good - CORRECT ANSWER Under the DTPA, a home for sale is considered a ___________. If the broker has an established business relationship with the person on the Do-Not-Call Registry within the last 18 months - CORRECT ANSWER Under what circumstance may an agent call a person who is on the Do-Not-Call Registry? Statute of Frauds - CORRECT ANSWER Which body of law requires certain contracts to be in writing in order to be enforceabl...

Law of Agency – Champions Exam Questions and Answers (Graded A+) Which of the following has the authority to suspend or revoke a Texas real estate license? - -TREC Which of the following is an element of a listing agreement? - -the agreement to pay a stated commission, usually a percentage of the sales price the IRS considers which of the following a violation of independent contractor status? - - salesperson is told to work set hours, guaranteed a monthly minimum wage, has his licensing...

TX-Brokerage (SAE), Texas Real Estate Brokerage 30 Hours 2019, texas sae real estate brokerage, Real Estate: Brokerage Final Exam Questions/Answers, Real Estate: Practice Exam (Questions/Answers), Real Estate: Agency Exam Questions/Answers, texas sae... 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 br...

Which of the following has the authority to suspend or revoke a Texas real estate license? - Answer- TREC Which of the following is an element of a listing agreement? - Answer- the agreement to pay a stated commission, usually a percentage of the sales price the IRS considers which of the following a violation of independent contractor status? - Answer- salesperson is told to work set hours, guaranteed a monthly minimum wage, has his licensing fees paid by the broker the TAR buyer repre...

Law of Contracts- Champions Exam with Latest Questions and Accurate Answers In a residential lease with a "right of first refusal" provision: ANSWER The tenant has the right to match or better any offer the landlord receives to prevent the property from being sold to someone else The four ECONOMIC characteristics of land are: ANSWER 1) Scarcity 2) Modification 3) Situs 4) Fixity GIVES LAND ITS VALUE The Buyer and Seller Temporary Residential Lease forms may be used for a lease p...

Law of Agency-Final Exam Review (2024/2025) Already Graded A What are the minimum services an agent must offer; According TRELA subchapter 1101.557b states a broker representing a party or listing real estate for sale is the party's agent and 1. May not instruct another broker to directly or indirectly violate the sub chpt-1101.65b22, 2.Must inform the party if the broker Receives material information related to the transaction to list, buy, sell, or lease the parties real estate, including th...

An agency relationship exists when one person, the ______________ acts for, or on the behalf of another person, the _____________________. Agent, principal Which of the following is ground for suspension or revocation of license by TREC? Splitting commission with a person other than a license holder The commission can deny licensure to an applicant based on the applicants? Moral character What form must an agent provide to a potential client at the first substantive discu...

Which of the following has the authority to suspend or revoke a Texas real estate license? correct answers TREC Which of the following is an element of a listing agreement? correct answers the agreement to pay a stated commission, usually a percentage of the sales price the IRS considers which of the following a violation of independent contractor status? correct answers salesperson is told to work set hours, guaranteed a monthly minimum wage, has his licensing fees paid by the broker t...

Champions - Law of Contracts Exam Questions With 100% Correct Answers. In a residential lease with a "right of first refusal" provision: - answerThe tenant has the right to match or better any offer the landlord receives to prevent the property from being sold to someone else The four ECONOMIC characteristics of land are: - answer1) Scarcity 2) Modification 3) Situs 4) Fixity GIVES LAND ITS VALUE The Buyer and Seller Temporary Residential Lease forms may be used for a lease period no...