CHAPTER 7 & 8 Flashcards

1
Q
A

AGENCY

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2
Q
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AGENT

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3
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APPARENT AUTHORITY

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4
Q
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AS IS

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5
Q
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BROKER

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6
Q
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BROKERAGE

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7
Q
A

BROKER-IN-CHARGE (BIC)

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8
Q
A

CAVEAT EMPTOR

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9
Q
A

CO-BROKERED TRANSACTION

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10
Q
A

COMMINGLING

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11
Q
A

COMMISSION

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12
Q
A

COMMON LAW OF AGENCY

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13
Q
A

COOPERATING BROKER

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14
Q
A

CUSTOMER

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15
Q
A

DESIGNATED DUAL AGENCY

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16
Q
A

DUAL AGENCY

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17
Q
A

EMPLOYEE

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18
Q
A

EXPRESS AGREEMENT

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19
Q
A

EXPRESS AUTHORITY

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20
Q
A

FACILITATOR

21
Q
A

FIDUCIARY

22
Q
A

FIRST SUBSTANTIAL CONTACT

23
Q
A

FRAUD

24
Q
A

GENERAL AGENT

25
Q
A

IMPLIED AGREEMENT

26
Q
A

IMPLIED AUTHORITY

27
Q
A

INDEPENDENT CONTRACTOR IN-HOUSE SALE

28
Q
A

MATERIAL FACT

29
Q
A

MULTIPLE LISTING SERVICE (MLS)

30
Q
A

NEGLIGENT MISREPRESENTATION

31
Q
A

NEGLIGENT OMISSION

32
Q
A

NON-AGENCY

33
Q
A

OLD CAR

34
Q
A

ORAL BUYER AGENCY

35
Q
A

PRINCIPAL

36
Q
A

PROVISIONAL BROKER

37
Q
A

PUFFING

38
Q
A

RATIFICATION

39
Q
A

SELF-DEALING

40
Q
A

SPECIAL AGENT

41
Q
A

STIGMATIZED PROPERTY

42
Q
A

SUBAGENT

43
Q
A

TORT

44
Q
A

TRANSACTION BROKER

45
Q
A

UNDISCLOSED DUAL AGENCY

46
Q
A

UNIVERSAL AGENT

47
Q
A

WILLFUL MISREPRESENTATION

48
Q
A

WILLFUL OMISSION

49
Q
A

WORKING WITH REAL ESTATE AGENTS (WWREA)