Law of Agency–Champions Correctly Answered Latest Update
Course:
Law of Contracts
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Law of Contracts
Law of Agency–Champions Correctly Answered Latest Update
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| Uploaded on: | May 11, 2025 |
| Last updated: | May 12, 2025 |
| Number of pages: | 13 |
| Written in: | 2025/2026 |
| Type: | Exam (elaborations) |
| Contains: | Questions & Answers |
| Tags: | Law of Agency–Champions Correctly Answered Latest Update |
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Law of Agency – Champions | Q&A Latest 2025/2026 | 100% PASS Which of the following has the authority to suspend or revoke a Texas real estate license? - Answer -TREC Which of the following is an element of a listing agreement? - Answer the agreement to pay a stated commission, usually a percentage of the sales price The seller must: - Answer -Fill out the Seller's Disclosure Notice A real estate brokerage firm that practices buyer agency only has a lot of intermediary transactions. - Answer -false A licensee is not liable for a misrepresentation or a concealment of a material fact made by a party to a real estate transaction if the seller did not disclose it to the agent. - Answer -true an exemption to using the Information About Brokerage Services form is: - Answer -a lease for not more than 1 year listings can be terminated at any time by mutual agreement - Answer true fiduciaries are: - Answer -Held to the highest degree of good faith, Required to exclude selfish interest, Require to make disclosures of all relevant facts
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