Two buyers purchase a home through a broker. After the close of escrow, the buyers discover a structural problem with the property, which the seller had not disclosed to anyone, including the broker. The buyers attempted to rescind their agreement. If they succeed, what commission is the broker entitled to in this case?
A) Full commission
B) Expenses only
C) None
D) Full commission minus expenses
Correct Answer:
Verified
Q11: Traditionally, in residential sales, prior to the
Q12: Once a broker has taken a listing,
Q13: A buyer making an offer on a
Q14: When a broker takes a listing, he
Q15: If, in showing a property, the salesperson
Q17: The purpose of a trust account is
Q18: It is the responsibility of the real
Q19: The least appropriate person to choose which
Q20: The listing salesperson was told by a
Q21: When an agent is given the right
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents