Question: A designated agent is A . always the seller's agent. B , usually the buyer's agent. C . a licensee named by a principal broker

A designated agent is
A. always the seller's agent.
B, usually the buyer's agent.
C. a licensee named by a principal broker as the agent of a particular client or clients.
D. usually an experienced licensee who specializes in listing and selling a particular kind of propery.\

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

Q:

How does REI leverage its social and environmental stewardship to attract and retain top employees?

Q:

colorado real estate An individual broker may NOT be designated to work for both a seller and a buyer in the same transaction as A. a transaction broker for both. B. an agent for both. C. a single...

Q:

1. The types of agency relationship that are recognized under Virginia agency law include all of the following EXCEPT a. standard agent. b. limited service agent. c. independent contractor. d....

Q:

Question 1 1 pts A broker brings his seller an offer from a potential buyer. If the seller asks about the buyer's race, the broker: Group of answer choices must disclose this information to the...

Q:

An apartment complex generating $70,000 annually is net income is purchase based upon a 5% cap rate. w\What would the owner's equity gain be if the net income increases to $100,00 per year? A....

Q:

Under the Comprehensive Environmental Response, Compensation and Liability Act, liability for the release of a hazardous substance on an owner's property is placed on the Group of answer choices the...

Q:

Sally is purchasing a $400,000 home and the lender has approved her for a $320,000 mortgage with a 6% interest rate, amortized over 30 years. What will Sally's yearly principal and interest payment...

Q:

Licensee Lee is working with a party of a real estate transaction in a no broker relationship role. In this role, Lee owes certain duties to the customer. Which is NOT one? (a) Dealing honestly and...

Q:

tenne Adesignated agent is always the seller's agent. B. usually the buyer's agent. C. a licensee named by a principal broker as the agent of a particular client or clients. OD. usually an experis...

Q:

I just want a choice, no explanation ull I 1 1. The property disclosure form is usually given to a buyer A) after an offer is made. B) before an offer is made. C) at the initial contact with the...

Q:

How can you fill out this purchase agreement? Fill out hypothetical purchase contract Nebraska Purchase Agreement Typed.docx Download Nebraska Purchase Agreement Typed.docx using data and information...

Q:

Based on the information provided in Problem 11-11A, prepare a schedule of accounts payable for Flints Fantasy as of July 31, 20--. Verify that the accounts payable account balance in the general...

Q:

c. A fire damaged a warehouse and a machine shop housing the production plant of an engineering company. Some of the plant was totally destroyed but the remainder was capable repair as were the...

Q:

maturity for 5 - year ( annual - payment ) coupon corporate bonds of various ratings: [ Please answer a - d ] a . Assuming the bonds will be rated AA , what will be the price of the bonds? whole...

Q:

Free cash flow valuation You are evaluating the potential purchase of a small business with no debt or preferred stock that is currently generating $ 4 2 , 7 0 0 of free cash flow ( F C F 0 = $ 4 2 ,...