Fundamentals | Unit 12 Flashcards
1
Q
How long must a broker retain copies of the signed Consumer Notice when no transaction resulted?
A
6 months
2
Q
Transaction Licensee
A
holds a real estate license and provides services for a consumer without being an agent or advocate of the consumer
3
Q
When does a licensee present the Consumer Notice to prospective buyer?
A
When they discuss buyer’s needs & financial abilities
