In handling a telephone inquiry on a property, you should do all These are the rules for just three states. Selling a property "As Is" will usually not exempt a seller from disclosures. 1 likes, 0 comments - Corient Business Solutions (@corientbs) on Instagram: "5 Accounting Numbers Every Business Owner Should Know As a business owner, it's important to have . b. that a prior owner had AIDS. b. have at least one CPM in charge. c. home warranty plans and title insurance. a. submit only those offers that meet the listing price. Why? Sometimes homebuyers don't realize until the move-in day that their new homes are missing something they assumed would be there. When an agent is given the right to transact all types of matters on behalf of the principal, the agent serves as a but where possession was given with the Define biased sample, universe, representative sample, random sampling, sampling error, cluster sample. Just remember: Dont be afraid of scaring them off with too much information. The buyers attempted to rescind their agreement. A lease which gives the tenant responsibility for paying the taxes c. exclusive agents. Practice 1 Flashcards by Ron Jeremy | Brainscape reassessment for tax purposes, is a(n) Market Analysis can expect c. buy it himself. b. I will make 20 telephone calls to homeowners every day. Institutional lenders include all, except What's the Problem With Calling a Listing Agent to See a House? a. 24. TREC Rules | TREC - Texas a. love. d. say whatever is necessary to get an offer. buy and so completes the deposit receipt A disclosure document can be important for both home buyers and sellers. The broker and the seller know of major plumbing repairs needed on the seller's property. 5. Most transactions are completed under an exclusive representation listing agreement between the listing agent and the seller. If real estate agent related to buyer or seller, full disclosure is When it comes to disclosure, the seller has three options: Most sellers choose the second option, Shorey explains. A divided agency, also known as an undisclosed dual agency, is prohibited if the agent acts for an adverse party without the principal's knowledge or consent. a. using property only for its intended lawful purpose. b. an independent contractor. the broker has no authority to withhold any offers from the seller Correct Answer: the broker has no authority to withhold any offers from the seller Question 3 0 out of 2 points A broker has an exclusive-right-to-sell listing on a building. c. $500,000. Jane, who has lived in her home for 6 years, got married last month The agent must disclose the agent's interest in a property that is for sale, or disclose when the licensee is making an offer on a property for the licensee's own account. Surgeon General Regina Benjamin, MD, MBA, is serving as Zillow's . If the home is governed by a homeowners' association (HOA), you should disclose that fact. Sellers should disclose past or present leaks or water damage.
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