ch 9 license laws and their effects on brokerage
A real estate assistant would never be required to have a real estate license. True or false?
false
A sales associate can carry out all the same activities as a real estate broker. Is this true or false?
false
A sales associate's compensation is determined by the client. Is this true or false?
false
If a state licensing authority's regulations conflict with statutory law, the regulations will prevail. Is this true or false?
false
Real estate license laws do not include disciplinary systems. Is this true or false?
false
A real estate broker is licensed to buy, sell, exchange, or lease real property for others and to charge a fee for those services. Is this true or false?
true
ARELLO promotes state licensing standards. Is this true or false?
true
All 50 states regulate the activities of real estate professionals. Is this true or false?
true
Real estate license laws are intended to protect the public. Is this true or false?
true
A real estate broker's compensation is specified in the contract with the client. Is this true or false?
True
