One authorized to conduct a single transaction or series o transactions not involving an ongoing relationship is
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A broker took an exclusive listing contract on a seller’s ho…
A broker took an exclusive listing contract on a seller’s home. The seller told the broker the roof leaked, but the broker made no notation on the listing. Later, a buyer made an offer on the property that the seller accepted. The broker lied when the buyer made his/her offer; telling him/her the roof was in good condition. After the buyer took possession, he/she discovered the truth during the first rain. Responsibility for the misrepresentation rests with whom?
In South Carolina, when must a licensee provide a meaningful…
In South Carolina, when must a licensee provide a meaningful explanation of agency relationships to a buyer or a seller?
If the owner is assisted in the sale of property by a real e…
If the owner is assisted in the sale of property by a real estate licensee, who is responsible for completing and delivering the disclosure statement to the purchaser?
An agency which is voluntarily created through contractual a…
An agency which is voluntarily created through contractual agreement between the principal/client and the agent is known as a/an
When a brokerage firm is a dual agent, when do the fiduciary…
When a brokerage firm is a dual agent, when do the fiduciary duties to the client become limited?
In the Practice Act the term ______ replaced the common law…
In the Practice Act the term ______ replaced the common law term, principal.
When should the owner provide the completed disclosure state…
When should the owner provide the completed disclosure statement to the purchaser?
Broker Allen has a listing on property owned by seller Betty…
Broker Allen has a listing on property owned by seller Betty. Which of the following should not be disclosed because it is a duty of confidentiality?
If the owner attaches a descriptive report from an engineer,…
If the owner attaches a descriptive report from an engineer, contractor, pest control operator, expert or public agency, then