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You must review the material for this section and reattempt the Unit 5 quiz (Attached to the link below) to proceed to the next section.
Why should a licensee double check what they send in emails/texts?
You should never ________ when posting online.
What is a cease-and-desist order?
In the real estate market, deceptive advertisement does not include:
Why does the FTC pay close attention to ads that involve health/safety and evaluation issues?
Which statement defines an unfair ad?
Which statement defines a deceptive ad?
What did the Federal Trade Commission Act want to encourage?
How can you avoid a privacy or security breach?
What is the Do Not Call Implementation Act of 2003?
A licensed salesperson may work only for
Who pays a salesperson when a transaction involved a listing agent, a selling agent, and several subagents
What is the name of the party that is licensed to sell, purchase, or lease real property on behalf of others?
A real estate salesperson decides to sell his own property without using a broker _________.
A sales contract is signed on August 1. Closing takes place on September 10, and the security deed is recorded on October 15. The borrower’s first payment is due on November 30. When is the soonest that the broker might receive a commission check?
_________ does not require a real estate license.
When handling more than $60,000 or managing any form of community association, Georgia state law requires what type of insurance?
Compensation for a salesperson from someone other than the broker, with whom the salesperson is affiliated, may only be accepted if:
The Can-Spam Act was developed to regulate:
A homeowner received estimates that ranged between $35,000 and $40,000 for repairing damage caused by water leaking into the basement. The owner couldn’t afford the repairs, so he constructed a false floor over the entire basement to conceal the damage. When he listed the house, he did not disclose the leak or the damage to the basement on the property disclosure form. The basement damage is an example of a:
A real estate brokerage receives a written request from the seller informing them to not contact the seller once the sale of their home is complete. Which of the following actions may a broker do:
The federal do-not-call registration allows real estate agents to call the consumer up to:
A buyer’s broker whose commission is shared via the MLS with the commission paid by the _________ in a real estate purchase, remains the agent of the buyer.
In most real estate brokerage firms, a real estate salesperson may expect to work a long time, so the seller would welcome any offer on the home. The buyer makes an offer at a price right at what he expected. Has the agent violated any duties to the seller?
A salesperson has been trying for week to list a spectacular house for sale. The homeowners tell the salesperson that a competing company will charge a commission rate that is 5% lower than the commission rate charged by the salesperson’s brokerage firm. In order to get the listing, the salesperson should not tell the owner that:
If the license of a broker, who is the sole-proprietor, is suspended for two years, what happens to the license of those affiliated with the broker?
Commissions earned by brokers in a real estate sales transaction are NOT
What must a qualifying broker in Georgia do?
Which method will save the most money when advertising a property to tenants?
Real estate professionals may have a legal obligation to comply with the ADA because they