Chapter 13 Questions

¡Supera tus tareas y exámenes ahora con Quizwiz!

Which of the following should work with a prospective buyer who has been the victim of identity theft...?

A lender

Which of the following should work with a prospective buyer who has been the victim of identity theft...? AA lender BThe real estate agent themselves CThe real estate agent's sponsoring broker DAll of the above

A lender

An agent's liability typically involve which of the following...?

All of the above

An agent's liability typically involve which of the following...? A) All of the above B) Disclosures C) Ethics D) Discrimination

All of the above

An agent's liability typically involve which of the following...? AAll of the above BDisclosures CEthics DDiscrimination

All of the above

Which of the following is typically not covered under liability insurance...? A) All of the above B) Fraudulent conduct C) Robbery D) Causing bodily harm

All of the above

Which of the following parties in a transaction may be held liable for their actions...?

All of the above

Which of the following parties in a transaction may be held liable for their actions...? AAll of the above BSeller CBuyer DSeller's broker

All of the above

Which of the following Articles serves as a 'self-defense loop hole' for agent...?

Article 35

One way to lessen the likelihood of assaults is to have the client meet the agent...?

At the agent's office

Where should an agent meet with a prospective buyer prior to showing any properties...?

At the agent's office

For real estate agents, liability insurance is written on a .......basis?

By-Claim

A seller may be held liable for damages if he/she fails to do which of the following...? A) Disclose material facts about the property B) Increase the asking price C) Reject an offer D) Full disclosure

Disclose material facts about a property

According to Inman News, the majority of agent deaths occur as a result of...?

Falls

David recently obtained his real estate salespersons license and started working for a broker. What type of insurance should David obtain...?

Liability Insurance

Real estate agents must carry what type of insurance...?

Liability Insurance

Which of the following will most likely be covered under an agent's liability insurance...?

Non-intentional acts

Discriminatory actions by an agent are covered under what type of insurance...?

None of the above

Discriminatory actions by an agent are covered under what type of insurance...? ANone of the above BLiability insurance CWorkers compensation DHomeowners insurance

None of the above

As a means to exercising precaution, an agent should have a prospective buyer do which of the following before viewing a property...?

Obtain a pre-approval from a lender

Which of the following carries liability insurance...?

Real Estate Agents

Which of the following should be used to account for visitors at a real estate office...? A) Sign-in sheet B) Fingerprint scanner C) Security code D) All of the above

Sign in sheet

Front office staff should have a .............for anyone who enters the office that is not employed there?

Sign-in sheet

Which of the following is responsible for a real estate salesperson's actions...?

The Salesperson's sponsoring broker

Which of the following acts on behalf of the broker...?

The agent


Conjuntos de estudio relacionados

ECON201: Macroeconomics (practice 3)

View Set

Chapter 19_ Fundamental of Nursing

View Set

ECON-40: Ch.18-23: Microeconomics

View Set

Info Mgmt Quiz 2 - Data & Data Storage

View Set

Chapter 25: The Child with Renal Dysfunction

View Set

MNGT 301 || Chapter 8: Organizational Culture, Structure, and Design: Building Blocks of the Organization

View Set

Neolithic & early civilization test (Chpt 5)

View Set