Van Ed Unit 2 Colorado Contracts and Regulations Q&A Latest Update
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Van Ed Unit 2 Colorado Contracts and Regulations Q&A Latest Update
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| Uploaded on: | May 13, 2025 |
| Last updated: | May 13, 2025 |
| Number of pages: | 9 |
| Written in: | 2025/2026 |
| Type: | Exam (elaborations) |
| Contains: | Questions & Answers |
| Tags: | Van Ed Unit 2 Colorado Contracts and Regulations Q&A Latest Update |
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Van Ed Unit 2: Colorado Contracts & Regulations | Q&A Latest 2025/2026 | 100% PASS Fiduciary duties of transaction broker are the following: a. care, obedience, accounting, loyalty and disclosure. b. care and disclosure c. transaction brokers do not have fiduciary duties. d. care, accounting, and disclosure. - Answer -c. transaction brokers do not have fiduciary duties A buyer who has signed a buyer broker contract may do all of the following except ________________. a. The buyer may pay the broker's commission b. The buyer may refuse to pay the broker's commission c. The buyer may have the listing agent pay the broker's commission d. The buyer may have the lender pay the broker's commission - Answer -d. The buyer may have the lender pay the broker's commission If there is a fire in the home prior to closing the following is true EXCEPT: a. if the home burns to the ground the buyer has the right to purchase the home and use the seller's insurance to re build the home.
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