Renunciation Study guides, Class notes & Summaries

What the two ex pos facto clauses of the constitution prohibits? The 2 ex pos facto laws on the constitution prohibits congress and state legislature from retroactively altering the definition of criminal conduct that occurred before the law became effective. How the retroactive penal laws violate the ex post facto clauses of the constitution? Retroactive criminal laws are prohibited by a PIED: P - The law made past conduct a crime, which at the time occurred was not a crime. I - The ...

Colibri Real Estate Chapter 2 Quiz Questions with 100% Correct Answers An agency relationship may be involuntarily terminated by which of the following? - Answer- 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 - Answer- A subagent An agency relationship may be involuntarily terminated by which of the following? - Answer- Co...

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 Sal...

A ___________ agency is created when a broker designates another real estate agent in the same office to represent either a buyer or a seller because they cannot fully represent both parties being a dual agency. - ANSWER-designated agency A _________ agency gives the agent authority to do one specific thing on the principal's behalf. - ANSWER-special or specific A _________ agency gives the agent the authority to do several activities on the principal's behalf. - ANSWER-general A brok...

Special or Specific Agency - The Principal gives the agent authority to do one specific thing-sell property. They enter into a contract that stipulates how the task will be done-multiple listings of the property, commission paid etc. General - Principal and agent enter into a contract giving the agent the authority to conduct several activities-show property to renters, check references and negotiate leases. Designated agency - A dual agent cannot fully represent both parties so the agent ...

A ___________ agency is created when a broker designates another real estate agent in the same office to represent either a buyer or a seller because they cannot fully represent both parties being a dual agency. designated agency A _________ agency gives the agent authority to do one specific thing on the principal's behalf. special or specific A _________ agency gives the agent the authority to do several activities on the principal's behalf. general A brokerage which facilitates the t...

What the two ex pos facto clauses of the constitution prohibits? The 2 ex pos facto laws on the constitution prohibits congress and state legislature from retroactively altering the definition of criminal conduct that occurred before the law became effective. How the retroactive penal laws violate the ex post facto clauses of the constitution? Retroactive criminal laws are prohibited by a PIED: P - The law made past conduct a crime, which at the time occurred was not a crime. I - The ...

BUSI 301 Test 3 Correctly Answered 2024. Principal - CORRECT ANSWER An agent's master; the person from whom an agent has received instruction and authorization and to whose benefit the agent is expected to performs and make decisions pursuant to an agency relationship Agent - CORRECT ANSWER One who agrees and is authorized to act on behalf of another, a principle, to legally bind an individual in particular business transactions with third parties pursuant to an agency relationship. ...

the type of listing contract that a seller gives to one firm yet the seller retains the right to find a buyer him/herself and not pay a commission is a(an) Exclusive agency agreement a listing broker is usually what a ________ agent. a special agent the written agreement between the broker and licensee describing the obligations and responsibilities of the relationship is called: independent contractor agreement a property manager is usually a__________ agent a general a...

Louisiana Notary Vocabulary words 2024 ACTUAL EXAM 147 QUESTIONS AND CORRECT DETAILED ANSWERS (VERIFIED ASNWERS) |ALREADY GRADED A+ forced portion - ANSWER-Portion testator must leave to children under 24 years of age if mentally competent and not physically infirm Ne Varietur - ANSWER-Notation which is part of a paraph naked owner - ANSWER-owner of property burdened with us usufruct inventory - ANSWER-notaries can engage in this activity heritable - ANSWER-transferable guardia...