Practice & ContractsCâu 102 / 120
An open listing given to several brokers at once means that:
a.Only one broker may show the property
b.Only the broker who procures the buyer earns a commission
c.The seller cannot sell it personally
d.All listed brokers split any commission
Giải thích
In an open listing, a seller may engage multiple brokers and only the one who actually procures the buyer earns a commission. The seller may also sell the property personally without owing any commission. This nonexclusive arrangement offers brokers the least protection.
Trích dẫn luật: CA Civil CodeLuyện miễn phí toàn bộ 120 câu hỏi — không cần đăng ký.
Câu hỏi liên quan cùng chủ đề
- Under an exclusive right to sell listing, the broker earns a commission if the property sells during the listing term:
- In a net listing, the broker's commission is:
- For a real estate purchase agreement to be enforceable in California, it generally must be:
- A home sells for $500,000 at a 6% total commission. If the listing and selling brokers split it equally, each brokerage receives:
- A sale closes on the first day of a 30-day month. Annual property taxes are $3,600, paid in arrears. Using a 360-day year, the daily tax proration amount is:
- A rectangular parcel measures 220 feet by 198 feet. Given that one acre equals 43,560 square feet, the parcel contains:
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