License Law & AgencyCâu 30 / 100
A designated sales agent arrangement in New York allows a supervising broker to:
a.Represent no one in the transaction
b.Appoint different agents to represent the buyer and the seller
c.Let a salesperson work without a sponsoring broker
d.Let the seller act as their own agent
Giải thích
With the written consent of both parties, a supervising broker who has dual agency may appoint one licensee to represent the seller and another to represent the buyer as designated sales agents. Each designated agent can advocate for their respective client. The supervising broker remains a dual agent overall.
Luyện miễn phí toàn bộ 100 câu hỏi — không cần đăng ký.
Câu hỏi liên quan cùng chủ đề
- The fiduciary duties an agent owes a principal can be remembered by the acronym OLD CAR. The 'C' stands for:
- In New York, the agency disclosure form must generally be presented to a prospective buyer or seller:
- A dual agent in New York is a broker who:
- Which of the following would create an agency relationship by ratification?
- Commingling, which is prohibited for New York brokers, refers to:
- The federal Fair Housing Act prohibits discrimination based on all of the following EXCEPT:
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