Agency & LawCâu 44 / 120
An agency relationship between a broker and client is typically created by:
a.A written representation agreement authorizing the broker to act
b.The buyer simply attending an open house
c.A verbal comment from a neighbor
d.Recording a deed
Giải thích
Agency is generally established through an express agreement, such as a written listing or buyer representation agreement, that authorizes the broker to act. Merely showing a property to a customer does not by itself create a client relationship.
Luyện miễn phí toàn bộ 120 câu hỏi — không cần đăng ký.
Câu hỏi liên quan cùng chủ đề
- Which of the following actions by an agent would MOST likely breach the fiduciary duty of loyalty?
- An agent must present to the seller:
- 'Puffing' differs from misrepresentation because puffing:
- A single agent who represents the buyer in a transaction owes the buyer the duty to:
- If a listing broker fails to disclose to their seller-client a material fact that harms the seller, the broker may be liable for:
- A broker holds earnest money as escrow agent. If a dispute arises between buyer and seller over who is entitled to the funds, the broker should generally:
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