License Law & RulesCâu 27 / 120
A real estate licensee who represents a buyer or seller with limited representation, not as a fiduciary, is acting as a:
a.Single agent
b.Designated sales associate
c.Transaction broker
d.Dual agent
Giải thích
A transaction broker provides limited representation and owes duties such as dealing honestly and fairly, accounting for funds, and disclosing known material facts, but not full fiduciary loyalty. This is Florida's default relationship. It differs from a single agent, who owes full fiduciary duties.
Luyện miễn phí toàn bộ 120 câu hỏi — không cần đăng ký.
Câu hỏi liên quan cùng chủ đề
- Which Florida body is primarily responsible for administering and enforcing the real estate license law under Chapter 475?
- Under Florida law, a sales associate must perform licensed real estate activities under the supervision of:
- Which of the following is one of the duties a Florida single agent owes that a transaction broker does not?
- Escrow funds held by a broker must generally be:
- Commingling, a violation of Florida real estate law, refers to:
- To be eligible for an initial Florida sales associate license, an applicant must generally be at least:
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