QUESTION 1 2 points Save Answer A broker/agent is required to the Information About Brokerage Services to an individual when a representation agreement is signed O when the transaction closes O upon the first substantive communication QUESTION 2 2 points Save Answer The Information About Brokerage Services form must be signed. O True O False QUESTION 3 2 points Save Answer Which type of representation is not allowed in Texas? O Acting as an agent for a seller/landlord Acting as an agent for a buyer/tenant Intermediary O Dual Agency QUESTION 4 The TREC Rule for Fidelity requires agents to treat the other parties to a transaction O fairly O honestly O honestly and fairly QUESTION 5 The NAR Code of Ethics and Standards of Practice requires agents to treat the other parties to a transaction O fairly O honestly O honestly and fairly QUESTION 6 Every brokerage is required to have O a designated office manager O a written policy O at least one agent QUESTION 7 The intermediary relationship can be O with appointment O without appointment O both of these answers are correct QUESTION 8 Who makes the appointment? O The seller O The buyer O The agent O The broker QUESTIONS The parties must authorize the intermediary relationship in writing, and this usually occurs in the listing and buyer's representation agreements. O listing agreement O buyer's representation agreements O both of these answers are correct QUESTION 10 A broker must notify the parties of the appointment, and this is usually done by text email a phone call TAR Form 1409 QUESTION 1 2 points Save Answer A broker/agent is required to the Information About Brokerage Services to an individual when a representation agreement is signed O when the transaction closes O upon the first substantive communication QUESTION 2 2 points Save Answer The Information About Brokerage Services form must be signed. O True O False QUESTION 3 2 points Save Answer Which type of representation is not allowed in Texas? O Acting as an agent for a seller/landlord Acting as an agent for a buyer/tenant Intermediary O Dual Agency QUESTION 4 The TREC Rule for Fidelity requires agents to treat the other parties to a transaction O fairly O honestly O honestly and fairly QUESTION 5 The NAR Code of Ethics and Standards of Practice requires agents to treat the other parties to a transaction O fairly O honestly O honestly and fairly QUESTION 6 Every brokerage is required to have O a designated office manager O a written policy O at least one agent QUESTION 7 The intermediary relationship can be O with appointment O without appointment O both of these answers are correct QUESTION 8 Who makes the appointment? O The seller O The buyer O The agent O The broker QUESTIONS The parties must authorize the intermediary relationship in writing, and this usually occurs in the listing and buyer's representation agreements. O listing agreement O buyer's representation agreements O both of these answers are correct QUESTION 10 A broker must notify the parties of the appointment, and this is usually done by text email a phone call TAR Form 1409