Designated broker - Study guides, Class notes & Summaries

B-1 ASREB Questions and Answers Already Passed A broker receives earnest money from a buyer but instead of placing the money into the trust account the broker pays company bills. This action is an example of: a. Conversion b. Commingling c. Subrogation d. Bona fide a. Conversion A designated broker of a real estate company may: a. Act as a designated broker for more than one real estate company in Arizona b. Take a temporary leave of absence for a period not to exceed 60 days...

COLORADO PRACTICE TEST FOR PSI QUESTIONS AND ANSWERS, RATED A+/ VERIFIED. The brokerage firm owns the listing contract and has designated a broker to represent the seller. In this case, the designated broker: A. performs the services and represents the seller. B. is an employing broker, both represent the seller. C. is not supervised by the employing broker. D. will be an agent of the buyer. - -performs the services and represents the seller. Only a designated broker has an agency r...

Superior Real Estate School: Study for Retake Pre-Licensing Course Exam and Final Exam Questions and Answers 100% Verified 2024 Designated agency in North Carolina is considered: I. A form of dual agency II. Mandatory if you practice dual agency A. I only B. II only C. Both I and II D. Neither I nor II Answer- A. I only Designated agency can be practiced: I. Between two firms II. Between a broker-in-charge and a provisional broker licensee in their office A. I only B. II only...

Dubai RERA Broker Exam with 100% correct answers Which law applies to Land Registration & Ownership (Role of DLD) - CORRECT ANSWER Law No. 7/2006 Which law applies to Designated Areas (Freehold vs Leasehold for non GCC) - CORRECT ANSWER Regulation No. 3 of 2006 Which law applies to Regulation of Real Estate Brokers - CORRECT ANSWER Law No. 85/2006 Which law applies to Establishment of RERA - CORRECT ANSWER Law No. 16/2007 Which law applies to Escrow Acc

MD Insurance Exam – Life Questions and Answers 100% Pass Accelrated Benefits Riders attached to life insurance policies which allow death benefits to be used to cover nursing or convalescent home expenses Accidental Death Benefits A policy rider that states that the cause of death will be analyzed to determine if it complies witht he policy description of accidental death Accumulation Period The time before an annuitant's retirement during which the annuitant is making Accidental Death Ins...

Real Estate Brokerage SAE - Champion's School of Real Estate 291 Questions with Verified Answers Search Engine Optimization (SEO) - CORRECT ANSWER The process of maximizing the number of visitors to a particular website by ensuring the website appears high on the list of results returned by a search engine. Fcebook Live - CORRECT ANSWER Video streaming through facebook. CoStar Database - CORRECT ANSWER Functions much like a residential MLS, connecting commercial agents with brokerages,...

Colorado Practice Test for PSI Questions and Answers Graded A The brokerage firm owns the listing contract and has designated a broker to represent the seller. In this case, the designated broker: A. performs the services and represents the seller. B. is an employing broker, both represent the seller. C. is not supervised by the employing broker. D. will be an agent of the buyer. performs the services and represents the seller. Only a designated broker has an agency relationship with the s...

Designated Broker CORRECT ANSWER NH - Principal broker Responsible for reasonable supervision License Equivalents CORRECT ANSWER -NH Salesperson = ME Associate Broker -NH Broker = ME Broker -NH Facilitator = ME Transaction Broker -NH Designated Agency = ME Appointed Agency -Sales agent - non-renewable apprentice license Designated Broker Responsibilities CORRECT ANSWER -Review and initial all contracts, advertising, CMAs for sales agents for the first 90 days -Review Field Experience...

Colorado Practice Test for PSI Questions and Answers 100% Pass The brokerage firm owns the listing contract and has designated a broker to represent the seller. In this case, the designated broker: A. performs the services and represents the seller. B. is an employing broker, both represent the seller. C. is not supervised by the employing broker. D. will be an agent of the buyer. - Correct Answer ️️ -performs the services and represents the seller. Only a designated broker has an a...

If a licensee wishes to put his or her license on inactive status, what must he or she do? - Answer Complete the LREC's prescribed transfer form and pay the transfer fee. ABC Realty is a licensed corporation. It has a designated qualifying broker, an associate broker, and four salespersons. If the designated qualifying broker leaves the company, what will happen? - Answer The corporation and all of the licensees will have to cease real estate activities until a new qualifying broker ...