Agency Flashcards
0
Q
General Agency
A
Relationship between the seller and the broker.
Property manager
1
Q
When failing to disclose that the property vs residential and comercial
A
Care
2
Q
Special Agent
A
The seller hires the broker to sell the property.
A buyer employees a broker only to assist in finding certain type of property.
Limit power
Relationship between client and licensee
3
Q
Universal Agency
A
For all the affairs.
You limited power
Attorney
4
Q
Principle is the - CLIENT
A
Agency relationship
Listing agreement.
Buyer agreement
Listenable care skill/obedience/accountability/loyalty/disclosed
5
Q
Costumer - transaction broker
A
No agency relationship
No contract