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Colibri Real Estate Chapter 2 Quiz Questions | 100% Correct Answers | Verified 2024 Version

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An agency relationship may be involuntarily terminated by which of the following? - By destruction of the property through fire, vandalism, or natural disaster When a seller authorizes a unilateral offer of subagency to all MLS members, any agent who shows the listed property automatically becomes - A subagent An agency relationship may be involuntarily terminated by which of the following? - Condemnation of the property Sally is a subagent working for Seller Pat. What does Sally owe to Buyer Brad? - Honesty and fair dealing Which of the following terminations of an agency relationship could result in legal or financial ramifications? - Renunciation by the client When the agency relationship has been terminated, the licensee is no longer considered the principal's agent but still owes which of the following duties to the principal? - Accounting

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