Genetic Information Nondiscrimination Act
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of 2008. prohibits discrimination on the basis of genetic information with
respect to health insurance and employment
Implied Authority
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an agent's authority to do things not specifically authorized in order to
carry out express authority
,T/F: The duty of confidentiality extends forevers into the future
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True
What are the two (three) guidelines used to determine if a transaction is to be done
under intermediary rules
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The transaction must be an in house sale
Both sides must be clients
You must have written consent of both sides
which of the following is grounds for suspension or revocation of license by TREC?
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splitting commission with a person other than a license holder
When does the Information about brokerage services (IABS) form need to be
provided?
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, When the first substantive discussion of real estate transaction takes place
if a broker seeks to enforce payment of a commission, the following requirements
must be satisfied
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the broker must have an employment agreement with a promise to pay a
commission, signed by the party to be charged
the broker must hold a valid real estate license
the broker must be the procuring cause of the sale
As agents, our fiduciary duties and responsibilities include
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OLD CAR
Obedience
Loyalty
Disclosure
Confidentiality
Accounting
Reasonable care
A broker may act as an intermediary between parties to a real estate transaction if
Give this one a try later!
Give this one a try later!
of 2008. prohibits discrimination on the basis of genetic information with
respect to health insurance and employment
Implied Authority
Give this one a try later!
an agent's authority to do things not specifically authorized in order to
carry out express authority
,T/F: The duty of confidentiality extends forevers into the future
Give this one a try later!
True
What are the two (three) guidelines used to determine if a transaction is to be done
under intermediary rules
Give this one a try later!
The transaction must be an in house sale
Both sides must be clients
You must have written consent of both sides
which of the following is grounds for suspension or revocation of license by TREC?
Give this one a try later!
splitting commission with a person other than a license holder
When does the Information about brokerage services (IABS) form need to be
provided?
Give this one a try later!
, When the first substantive discussion of real estate transaction takes place
if a broker seeks to enforce payment of a commission, the following requirements
must be satisfied
Give this one a try later!
the broker must have an employment agreement with a promise to pay a
commission, signed by the party to be charged
the broker must hold a valid real estate license
the broker must be the procuring cause of the sale
As agents, our fiduciary duties and responsibilities include
Give this one a try later!
OLD CAR
Obedience
Loyalty
Disclosure
Confidentiality
Accounting
Reasonable care
A broker may act as an intermediary between parties to a real estate transaction if
Give this one a try later!
