Broker’s Duties and Obligations in Georgia Quiz Attempt #4

One of the most important obligations when hiring new salespeople is for principal broker to have the new hires:

What happens to a broker who takes the word of a seller that says their house has city water in a rural area, but it does not and broker sells the home?

A real estate broker acting as an agent for the seller can:

A broker in a firm has two salespeople on a highly demanded property. One salesperson notifies an offer in the morning while the other notifies an offer in the evening. The offer in the evening is of a higher purchase price. The broker decides to notify the seller of only one offer that was made in the morning and not disclose anything about the second offer. The broker wants the seller to not have their decision be influenced by the second offer. Can the broker do this?

A qualifying broker in Georgia is responsible for:

The listing broker must keep what confidential?

Georgia requires brokers to:

If earnest money received by an agent on the behalf of the selling broker, the agent has a _________ duty:

Which of the following statements best describes the following situation, a listing agent does not disclose to his client that he has agreed to manage a duplex for the buyer once it has been sold?

What can a salesperson lawfully do before entering into an agency relationship with the buyer?

What should the listing broker do if a leak is found during the property inspection?

If a broker can prove to have set in motion a series of events that resulted in the sale and the earning of commission, which of the following is true:

The purchaser can expect to receive which of the following from the listing broker and the salesperson?:

Of the following, which is acceptable of a broker?:

A third party is relying upon the principal’s representation that a particular broker is his/her agent although the broker is unaware of this. This scenario is which of the following terms?