Practice & ContractsCâu 103 / 120
In a net listing, the broker's commission is:
a.A fixed percentage set by law
b.Always 6% of the sale price
c.Any amount received above the seller's stated net price
d.Paid by the buyer
Giải thích
In a net listing the seller sets a minimum net amount, and the broker keeps anything received above that figure as commission. Because it invites conflicts of interest, the broker must disclose the exact selling price and commission, and some states ban net listings. California permits them only with full disclosure.
Trích dẫn luật: CA Business & Professions 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:
- An open listing given to several brokers at once means that:
- 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:
Cập nhật gần nhất: · quy trình kiểm tra
Đội Ngũ Biên Tập PrepPass · Đối chiếu với California DRE Real Estate Salesperson License Exam · Quy trình kiểm tra