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Exam (elaborations)

Florida Real Estate Exam Practice 2025 (Actual Exam) | Complete Questions and Correct Answers with Rationales | Already Graded A+ | Verified Answers | Latest Exam

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Florida Real Estate Exam Practice 2025 (Actual Exam) | Complete Questions and Correct Answers with Rationales | Already Graded A+ | Verified Answers | Latest Exam

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Florida Real Estate Exam Practice
2025 (Actual Exam) | Complete
Questions and Correct Answers with
Rationales | Already Graded A+ |
Verified Answers | Latest Exam

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Terms in this set (100)

,Seller employed b. Give Seller 50% of the deposit.
Broker to sell his
property in
Astoria Park.
Broker
subsequently
negotiated a
contract whereby
Seller and Buyer
agreed to sell
and buy the
property in
Astoria Park. The
contract was
prepared and
typed in Broker's
office. As there
were numerous
conditions and
terms that had
been agreed
upon by Seller
and Buyer, the
contract was
quite long and
involved. Since

,the amount of
deposit obtained
by Broker from
Buyer was equal
to what his
commission was
going to be, in
the middle of
one of the long
paragraphs was
the phrase "In the
event the buyer
defaults, the
deposit shall be
retained by the
broker as his
compensation."
At the time
Broker presented
the contract to
Seller and Buyer
for their
signatures, he
made no mention
of the phrase he
inserted in the
contract, nor did

, he recommend
that they read the
contract.
However, he did
not in any way try
to influence them
not to read it.
Seller and Buyer
signed the

Document information

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Type
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Contains
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