b. procuring cause. b. the broker was a procuring cause for the transaction. a. a trustee. \text{Total}& \$130\\ Today is day 205 on the yard's schedule. The Standards of Practice may not _______. 0000020872 00000 n Mediation can save time and money and is more informal than arbitration. After Broker E sells some of the lots, the landowner refuses to pay her a commission. Jenson, who also believes that the stone is quartz, contracts to purchase it for $10\$ 10$10. Using his best efforts to obtain the earned commission, the broker should How much does the selling salesperson earn from the sale after deducting expenses of $35, {"cdnAssetsUrl":"","site_dot_caption":"Cram.com","premium_user":false,"premium_set":false,"payreferer":"clone_set","payreferer_set_title":"Chapter 15","payreferer_url":"\/flashcards\/copy\/chapter-15-308298","isGuest":true,"ga_id":"UA-272909-1","facebook":{"clientId":"363499237066029","version":"v12.0","language":"en_US"}}. Ethics complaints are processed by the _______. (5) A transaction-broker has no duty to conduct an independent investigation of the buyer's or tenant's financial condition or to verify the accuracy or completeness of any statement made by the buyer or tenant. B) digital communication in all its forms. \text { (inches) } 0000272861 00000 n The special weekend price is proposed for $120 per room night. 0000014566 00000 n \text{Amenities}& 3\\ \hline \begin{array}{c} disclose the existence of other offers, with the seller's permission. by jwkotler@mac.com, Many states have modified the traditional terms broker and salesperson to stress that all licensees must be knowledgeable of and comply with the law. A comprehensive firm policy is required by Commission Rule. Brokerage 0000006161 00000 n d. All of the above. b. a.b.c.d.e.f.g.Qty.2438483ItemBatterychargerRechargeablebatteriesBottlesofpainrelieverPapergiftbagsBoxesofcoldtabletsVideotapesPrintercartridgesTotalPrice$79.9924.982.993.894.2919.9976.99PriceofOneUnit. Get free summaries of new opinions delivered to your inbox! 3 0 obj <>/ProcSet [/PDF /Text /ImageB /ImageC /ImageI]>>/Subtype/Form/Length 96/Type/XObject>>stream The Code of Ethics prohibits REALTORS from providing services outside their area of expertise. If a Ethics are typically defined as standards of conduct applied to a group or society. Quoting a price other than list price without the seller's permission. The seller indicates to the broker that the offer would be acceptable if it were submitted in writing. (Note: Use four decimal places for per-unit calculations and round all other numbers to the nearest penny.). Ocean therapy involves group discussion and ________. 0000003164 00000 n endstream Broker: A broker is an individual or firm that charges a fee or commission for executing buy and sell orders submitted by an investor. In the MLS, John indicates that he will pay compensation to a buyer's agent, but not to a subagent. Why does Santiago talk to himself in '' The Old Man and the Sea? The cost of a hotel room night includes the following: CostperRoomNightHousekeepingservice$23Utilities7Amenities3Hoteldepreciation55Hotelstaff(excludinghousekeeping)42Total$130\begin{array}{lr} a. amount of commission may be adjusted based upon the agent's efforts. Broker E can, Salesperson N finally concluded some extremely difficult negotiations that resulted in the sale of a listed parcel of property. a. is now personally obligated as the seller's agent. Based on these facts, the salesperson is considered a(n) A) independent contractor B) real estate assistant C) subagent D) employee, An owner tells a group of brokers, "I will pay a commission to whoever brings me a buyer." A licensee is an actively licensed real estate broker who has a written contract with his firm that specifies that he will not be treated like an employee. WebB A broker is permitted to represent both the seller and the buyer in the same transaction when a. the broker decides principals will benefit from the dual representation.
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