Hi Expert! I would really appreciate if you could help me with these questions. They are from the Florida Brokers Real Estate Subject, I would most definitively rate up your answer, especially if you can provide reasoning of why you chose a particular answer. Please, there is only one correct answer so try to choose just one. You guys have really good experts and have helped me a lot before, so I have no doubt my expert is the best! Thank you!

A broker represented two parties in an exchange of real property and received commissions from both parties. The broker may receive

1. Only one commission, as the exchange involved only one transaction
2. Both commissions, as long as both parties are aware that the other party is also paying a commission
3. Both commissions, because he or she is entitled to the two commissions
4. Only one commission and its cost must be split equally between the two partie

A licensee is preparing a sales contract and the buyer selects the tittle company to hold the binder deposit. This sales contract must include the

1. Title company name, only
2. Title company name and contact persons email.
3. Title company name and address
4. Title company name, address and telephone number