At the time of the listing agreement, the seller informed the broker that the floors beneath the wall-to-wall carpets were oak. While showing the property to a buyer, the broker stated, "the floors are oak." After the sale the buyer went to replace the carpet and discovered that the floors were pine. Responsibility for the mistake rests with:
A) broker and seller
B) broker only
C) seller only
D) buyer, as he or she is charged with making reasonable inspection of property
Correct Answer:
Verified
Q8: Receiving a commission from both the buyer
Q21: Real estate commissions are:
A) negotiable
B) established by
Q22: A California broker wants to sell her
Q23: According to real estate licensing law, for
Q24: Which of the following is not an
Q25: The maximum dollar amount for an individual
Q27: The Disclosure Regarding Real Estate Agency Relationship
Q28: A real estate broker, in order to
Q29: Conversion is a violation of real estate
Q30: Which of the following best describes the
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