Texas Law of Agency Aceable Final Exam With Complete Answers 100% 2024.

In an intermediary transaction, the consequences to the seller and buyer are all of the following EXCEPT: A) They will not have full disclosure from the broker about anything confidential about the other party. B) They will receive limited fiduciary duties from the broker. C) They will have to take the transaction out of house. D) They will not have complete loyalty from the broker. - Answer C) They will have to take the transaction out of house. Sarah is a listing agent. When talking to a potential buyer, she can do all of the following EXCEPT: A) Give all required disclosures B) Give advice about price negotiation C) Point out the property's wonderful features D)Help with the loan application - Answer B) Give advice about price negotiation A real estate brokerage advertises that they will list property for a low commission. Later, the seller finds out that he advertised low commission is contingent upon the seller signing a 12-month listing and agreeing to do all of the showings themselves. Is the brokerage guilty of a violation? A) No, this is just marketing. B) Yes, they are guilty of misrepresentation. C) No, as long as the company notifies the seller of this in writing. D) Yes, only licensed agents can do showings. - Answer B) Yes, they are guilty of misrepresentation.