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If a seller breaches the contract, and the sales price is not determinable, the broker's compensation should be based on which of the following...?

A percentage of the listing price

Sub-agents in a transaction are typically compensated by which of the following means...?

A percentage of the sales price

If an additional contract item does not belong in the Special Provisions, it will most likely get listed in the...?

Contract addendum

This type of listing is given to only one broker who is entitled to the commission if the broker or any agent of the listing broker effects a sale but imposes no commission obligation on the owner who sells the property to a person who was not interested in the property by efforts of the listing broker or an agent of the listing broker...?

Exclusive Agency Agreement

A listing given to only one broker who is entitled to the commission if anyone sells the property during the term of the listing contract is referred to as this type of listing...?

Exclusive Agreement (Exclusive Right to Sell Listing Agreement)

This type of contract gives the broker the greatest chance at receiving a commission...?

Exclusive Right to Sell Agreement

A contract in which a property owner employs a real estate broker to market the property described in the contract.

Listing Contract

What is the name of the employment contract between a client and an agent...?

Listing Contract

A listing which provides that the agent may retain as compensation for agent's services all sums received over and above a net price to the owner.

Net Listing

Which of the following listing contracts is discouraged throughout the State of Texas...?

Net Listing

An open listing is also referred to as a/an...?

Non-Exclusive Listing

A listing given to one or more brokers in which the broker procuring a sale is entitled to the commission but imposes no commission obligation on the owner when the owner sells the property.

Non-Exclusive Listing (Open Listing)

Which of the following listing contracts serves as a unilateral单方面 contract...?

Open listing

Sarah is in the process of selling her house. What must Sarah complete, which states the condition of various items and appliances in the house...?

Seller Disclosure Notice

This document gets completed by the seller and lists the condition of various items and appliances in the house...?

Seller Disclosure Notice

If an additional contract item does not belong in the contract Addendum, it will most likely get listed in the...?

Special Provisions


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