Aceable Agent Level 9 Exam Unit Questions And Verified Answers 100% 2024.
When Brandon's listing agent pointed out the moisture stains in the corner of his basement, Brandon said that he'd repaint that area. He asked his agent not to mention to potential buyers that the basement can flood during spring rains. Does Brandon have a duty of obedience to his client in this situation? - Answer No, because the duty to obey does not apply if the request is unethical Which of these is the principle that a client or customer is must understand and agree to certain actions or agency relationships to prior to implementation? - Answer Advance informed consent A real estate agent has the ability to sign a listing agreement on behalf of their broker under: - Answer Special Agent Agent Alice greets Buyer Kim as she enters Broker Bill's office. Kim likes Alice and signs a buyer's representation agreement. During the transaction process, who owes Kim fiduciary duties? - Answer Broker Bill, Alice, and the rest of the agents in Bill's office Nick signs a listing agreement with Broker Bob. Linda asks Broker Alice to represent her as a buyer of a condo. What do we know to be true about both of these scenarios? - Answer Both Nick and Linda have created express agency with their brokers. Broker Sarah entered into an express agency agreement with seller Kate. Sarah immediately placed Kate's property into the MLS. Based on these facts, what type of express agency did Sarah and Kate enter into? - Answer Written express agency Which duty does an agent owe to all parties? - Answer Fair dealing What, if known, could cause a buyer or seller of real estate to take a different course of action or make a different decision regarding the property purchase? - Answer Material facts
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