Ministerial acts - Study guides, Class notes & Summaries

NH Real Estate Exam Questions and Answers 100% Correct Score The purpose of the NH Real Estate Commission is to - Correct Answer ️️ -License and regulate real estate agents Entry Only Listings (limited service listings) are - Correct Answer ️️ -Considered listings and must comply with listing requirements Look up entry only listings - Correct Answer ️️ - Appointing Agents - Correct Answer ️️ -Appoint real estate licensees to represent clients in real estate offices that p...

Barney Fletcher Cram Final Exam 100% correct answersA seller wants to list the property with a broker, but wants to avoid paying any commission should the seller be fortunate enough to sell the property. himself. Which of the following should the seller avoid signing? A. an exclusive agency listing B. an exclusive right to sell listing C. an open listing D. all listings - correct answer B. an exclusive right to sell listing Mr. Smith listed his farm with broker Bob. Although Smith did n...

AMP Real Estate UPDATED Exam Questions and CORRECT Answers An agency relationship - CORRECT ANSWER- when the owner of a property hires a broker, this is created ministerial acts - CORRECT ANSWER- those acts that a licensee may perform for a consumer that are informative in nature and do not rise to the level of active representation acronym COALD - CORRECT ANSWER- represents the duties of the agent to the principal and include Care, Obedience, Accountability, Loyalty, and Disclosure

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...

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...

GA REAL ESTATE PRACTICE QUESTIONS & ANSWERS, GRADED A+/ VERIFIED. What fines may be imposed by the Commission for rules violations? - -A maximum of $1,000 for a single offence or $5,000 for multiple violations Charging advance brokerage fees is - -a duty of a broker. Agency can best be described as - -a written representation agreement between broker and client. Which is true concerning the Commission Chairperson? - -He is appointed by the Commission members annually. The Georgia Real...

What fines may be imposed by the Commission for rules violations? - Answer A maximum of $1,000 for a single offence or $5,000 for multiple violations Charging advance brokerage fees is - Answer a duty of a broker. Agency can best be described as - Answer a written representation agreement between broker and client. Which is true concerning the Commission Chairperson? - Answer He is appointed by the Commission members annually. The Georgia Real Estate Commission is - Answer ...

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...

In Louisiana, a "licensee" is - ANSWER-any person issued a license by the commission as a real estate salesperson. -any person issued a license by the commission as a real estate broker. Responding to a phone inquiry concerning the price of a property you have listed - ANSWERis a ministerial act Acting as a dual agent, licensees shall not disclose - ANSWER-confidential information about either client. -a price other than the listed price the seller may accept. -the price the buyer...

What fines may be imposed by the Commission for rules violations? - ANSWER A maximum of $1,000 for a single offence or $5,000 for multiple violations Charging advance brokerage fees is - ANSWER a duty of a broker. Agency can best be described as - ANSWER a written representation agreement between broker and client. Which is true concerning the Commission Chairperson? - ANSWER He is appointed by the Commission members annually. The Georgia Real Estate Commission is - ANSWER comprised ...