Which of the following is not correct?
A) all real estate salespersons must have written employment contracts with their brokers
B) real estate salespersons are able to contract directly in their own name as an agent with the seller
C) the recovery fund may be used to reimburse qualified principals and buyers for damages suffered because of certain inappropriate acts by real estate licensees
D) most real estate agency agreements are between sellers and brokers, not buyers and brokers
Correct Answer:
Verified
Q11: When the owner of a piece of
Q12: An agency may not be terminated by
A)
Q13: A listing contract given to several real
Q15: The Commissioner's Regulations apply to all California:
A)
Q16: Real estate commissions are:
A) established by the
Q18: With the permission of the seller, Broker
Q19: A broker has an agency agreement to
Q20: All of the following are essential for
Q21: A broker's commission is most likely earned
Q22: When a buyer backs out of a
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