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This requires knowing who is who in the question. The offeror is the person who made the offer. The offeree is the person who may accept or reject an offer.
Real estate agents will earn their money once a piece of property is
sold or exchanged
The terms “index,” “triple net” and “flat” are used to describe
All of the following are essential elements of a contract, except
On an exclusive listing, a broker is not disciplined for failure to
attach a tax statement to the listing.
Broker Greg took a listing on a commercial office complex and received an option to purchase the property within one month. On the 25th day of the listing, Broker Greg decides to buy the property. Before buying the property, Broker Greg is required to
All of the above.
When a broker has a nonexclusive listing, to be legally entitled to a commission, they need to be able to prove they
they were the procuring cause of the sale.
Which of the following is an acceptable termination date for an enforceable exclusive listing of residential real property?
180 days after the listing agreement is signed.
When an existing contract is replaced by an entirely new contract, it is an example of
The typical listing contract authorizes a broker to
find a purchaser and accept a deposit with an offer to purchase.
The right of possession and equitable title is held by the
When damages resulting from a breach of the contract are not adequate, each of the following may request specific performance, except the