Aceable Agent Exam Test Questions And Correct Answers 100% 2024.

If a salesperson has no interest in opening their own brokerage, why might they still want to get a broker's license? - Answer for marketing purposes How often must a real estate license be renewed? - Answer A real estate license must be renewed every two years. What is the name given to the duties owed by agents to their clients? - Answer The duties owed by agents to their clients are known as fiduciary duties. OLD CAR - Answer Obedience (if legal) Loyalty (100%) - Answer Disclosure (full) - Answer Confidentiality (forever) - Answer Accounting (forever) - Answer Reasonable care - Answer In an agency relationship, the agent owes the principal the fiduciary duties of loyalty, obedience, accounting, confidentiality, reasonable care, and what else? - Answer Disclosure Obedience - Answer -is only required if legal