Virginia PSI Exam (State)Questions and Answers(graded A)
Virginia PSI Exam (State)Questions and AActive Status -ANSWER Legally engaging in acts of real estate. Brokerage Agreement -ANSWER A written agreement establishing the brokerage relationship between a client and a licensee which must state whether the licensee will represent the client as an agent or as an independent contractor. Brokerage Relationship -ANSWER The contractual relationship between a client and a licensee. Inactive Status -ANSWER Broker or salesperson who is not under a principal or not active with a firm. Independent Contractor -ANSWER Licensee who enters into brokerage agreement with client, which specifically states that the licensee is acting as an independent contractor and NOT an agent. Limited Service Agent -ANSWER States that agent will not provide one or more of the duties of a standard agent is required to provide. The obligations of a limited service agent nswers(graded A)
Información del documento
- Subido en
- 24 de marzo de 2024
- Número de páginas
- 3
- Escrito en
- 2023/2024
- Tipo
- Examen
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- Preguntas y respuestas
