Question: A listing contract must have A . the date the seller wants to surrender possession of the property to a buyer. B . a statement

A listing contract must have
A. the date the seller wants to surrender possession of the property to a buyer.
B. a statement that the duration of the listing term is negotiable.
C. the marital status of the seller.
D. the buyer's signature.
Under which of the following agreements is a property listed with several real estate brokerage companies?
A. an open listing
B. an exclusive agency
C. a exclusive listing
D. an exclusive right to sell
Anya is looking forward to moving within the next year to a warmer climate. She wants to sell her home "For Sale by Owner" because she thinks it will get her a higher net proceeds if she doesn't have to pay a commission. Her best friend, Jasmine, is a real estate broker and pressures Anya into using her as a seller's agent. However, Anya is very clear that she still intends to attempt to sell the home herself as well, and Anya will NOT pay Jasmine a commission if she is able to sell the home on her own. Anya likely entered into what type of listing contract?
A. exclusive right to sell
B. exclusive agency
C. open listing
D. net listing
Which of the following would be an ILLEGAL advertisement?
A. The Tameka Whelan Group - over $1,000,000 of real estate sold in York County!
B. The Tameka Whelan Group - If you want to sell with the best, then you'll sell with us!
C. The Tameka Whelan Group - Helping young families find their dream homes and rentals!
D. The Tameka Whelan Group - Over 40 offices in Pennsylvania!
Which of the following is negotiable in a listing contract?
A. the sale price
B. the commission amount
C. the purchase price
D. the escrow amount
Questions 26-30 are related to content from Section 5 of the Student Manual, "Representing Buyers," and its related textbook readings (Chapter 12).
26. An agreement of sale does NOT need which of the following to be valid?
A. the zoning classification of a single family dwelling
B. the interest to be conveyed
C. a statement that access to a public road may require issuance of a highway occupancy permit from the Department of Transportation
D. an agency disclosure
A listing contract must have A. the date the seller wants

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