Correlaties Study guides, Class notes & Summaries

A seller's agent or sub-agent must initially disclose her agent status to a prospective buyer when? - Before buyer and agent discuss motivation or financial information. What fiduciary duties are owed to principals? - Obey, Loyalty, Disclosure, Confidentiality, Accounting, & Reasonable care (OLD CAR) As a dual agent, my fiduciary responsibilities are reduced to the buyer and seller under what agency? - Dual Agency - agent cannot advise or council Material facts which must be disclosed - P...

A seller's agent or sub-agent must initially disclose her agent status to a prospective buyer when? - Before buyer and agent discuss motivation or financial information. What fiduciary duties are owed to principals? - Obey, Loyalty, Disclosure, Confidentiality, Accounting, & Reasonable care (OLD CAR) As a dual agent, my fiduciary responsibilities are reduced to the buyer and seller under what agency? - Dual Agency - agent cannot advise or council Material facts which must be disclosed - P...

Material fact - About the property Related to the property Principal able to complete the transaction Special importance Disclosing material facts about a seller's property - To client or customer Even if it hurts your customer Regardless of how pubic the material fact is Listing agent has highest responsibility Buyer agent is responsible to disclose if known Answer questions to avoid misrepresentation Willful - intentional Negligent - Unintentional--failure to exercise reasonable c...

All of the following are true as to what License Law requires a BPO to contain - A copy of the assignment request from the person requesting the BPO. A description of the subject property and the intended purpose/use of the BPO. The broker's name, signature, license number, and the effective date of the BPO. NCREC rules regarding BPOs require all of the following: - A broker must provide at least three comparables. A broker may perform a BPO for either residential or commercial properties...

All of the following are true as to what License Law requires a BPO to contain - A copy of the assignment request from the person requesting the BPO. A description of the subject property and the intended purpose/use of the BPO. The broker's name, signature, license number, and the effective date of the BPO. NCREC rules regarding BPOs require all of the following: - A broker must provide at least three comparables. A broker may perform a BPO for either residential or commercial properties...

NYSTCE EAS 201 Exam Study Guide (Teaching Responsibilities/School Home Relationships) With Correct Answers.

NCREL Post Licensing 301 Broker Relationships and Responsibilities Test Set Questions And Revised Correct Answers A seller's agent or sub-agent must initially disclose her agent status to a prospective buyer when? - ANSWER : Before buyer and agent discuss motivation or financial information. What fiduciary duties are owed to principals? - ANSWER : Obey, Loyalty, Disclosure, Confidentiality, Accounting, & Reasonable care (OLD CAR) As a dual agent, my fiduciary responsibilities ...

Agency Relationship and Broker Responsibilities questions with correct answers

C100 WGU Objective Assessment Exam Questions And Answers 2022/2023 What is the relationship between the humanities and technology? ---CORRECT ANSWER---- a) Technology has led to an increase in globalization by making the world smaller and connecting people together through social networks via the internet. b) Technology has increased our ability to preserve, document and share works of art, literature, and music in a way that is unprecedented. What theme is found in multiple historica...

NBHWC Exam Questions With Correct Answer Preparing for a coaching session (3) - Correct Answer 1. Prepare 2. Get Present 3. Get curious Qualities of an authentic + nurturing coaching relationship - Correct Answer 1. Co-constructed 2. Encouraging, compassionate, caring 3. Authentic inquiry + reflections How to develop an authentic + nurturing coaching relationship - Correct Answer 1. Communicating genuine confidence in client's success 2. Keeping the focus on what the client want...