License Law & AgencyCâu 43 / 100
Which act by a licensee would most likely be grounds for revocation of a New York real estate license?
a.Converting a client's escrow deposit for personal use
b.Presenting all written offers to the seller
c.Recommending the buyer obtain a home inspection
d.Providing the agency disclosure form on time
Giải thích
Converting client escrow funds to personal use is a serious violation of trust and license law and can lead to revocation and other penalties. Presenting offers, recommending inspections, and timely disclosure are proper professional practices. The DOS enforces these standards under Article 12-A.
Luyện miễn phí toàn bộ 100 câu hỏi — không cần đăng ký.
Câu hỏi liên quan cùng chủ đề
- A seller's agent owes the fiduciary duty of loyalty to the:
- A material defect that a seller's agent knows about the property must be:
- The relationship in which a broker represents a buyer client is known as:
- An agent acting under an express written listing agreement is an example of:
- A broker who represents neither the buyer nor the seller as a client but merely helps both complete a deal may be acting as a:
- New York's fair housing protections extend beyond the federal classes to include additional categories such as:
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