C. large, four-bedroom on a quiet cul-de-sac lot In a fully disclosed agency, the contract is between the agent and the third party. Which of the following statements is TRUE regarding dual agency? Identify which statement is true. This introduction is 102. Only choice (C) is not true, so it D. litigate the matter with both REALTORS. A real estate broker acting as the agent of the seller disclosure. B. C) D. Olivias client would have to request arbitration on her behalf; she may not request arbitration on her own. C. both Broker Deb and Broker Steve. D. neither Nathan nor Katherine. Bud suggests strongly to Buyer John that he would be better served by buying a house from Broker Nan. Lori subsequently meets broker Amy, whose son plays ball with Loris son. REALTOR Loretta has a large brokerage that includes an in-house mortgage lender, an in-house title company, and she offers home warranties through her company. D. half of the commission REALTOR Nelson actually received from the seller after he negotiated with the seller to reduce his commission. When is a complaint passed to the Professional Standards Committee? D. Melanie should not solicit a buyer agreement with these buyers. Principals are generally liable if an agent's frolic and detour is substantial. D. urge the seller to update the disclosure form or have the back door repaired, 107. D) C. not a true picture. b) If a partner makes a profit using information gained from inside the firm, but uses that information in a venture that is outside the firm, he may keep that profit. A) stigmatized properties. A. find a third, impartial board to hold their hearing. B. Howard is Owens customer. "NAR May the Code Be With You" ? "The Code of Ethics in Action Real C) He needs to sell the commercial property and asked Erin if she would be the listing agent. REALTOR Matthew brings a complicated purchase contract to Nelson that requests partial owner financing. disclosure of material facts that the agent knows. The sales associate was practicing puffing. A. Article 1Be honest Which one of the following statements regarding the duties of an agent is NOT true? conditions that need not be disclosed. "The uneven floors just mean that the building dates to colonial times. 115. agency, so they are incorrect answers to the Past correlation of US REIT returns (over the last 20+ years) tends to indicate which C) D. I will ask the selling REALTOR her opinion and get back to you., 110. REALTOR Barbara holds an open house on a rainy day and discovers the seal for the back door is leaking. A. advertising a free gift to any client who attends an open house not required to disclose the information because the agent has no agency relationship with seller. If Jackie Knox, who owns property in Chicago, agrees to sell the needed land for $1.5 million and the agent signs his name "Saul Arnold, agent for Walt Disney",_____.
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