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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.
Which statement defines a deceptive ad?
Which of these professions are able to buy, sell or lease real property on behalf of others for a commission?
What is a cease-and-desist order?
In the real estate market, deceptive advertisement does not include:
What is the name of the party that is licensed to sell, purchase, or lease real property on behalf of others?
Which statement defines an unfair ad?
Why should a licensee double check what they send in emails/texts?
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
Why does the FTC pay close attention to ads that involve health/safety and evaluation issues?
Who pays a salesperson when a transaction involved a listing agent, a selling agent, and several subagents
When posting online, you should never what?
A sales contract is signed on Feburary 1. Closing takes place on March 10, and the security deed is recorded on April 15. The borrower’s first payment is due on May 30. When is the soonest that the broker might receive a commission check?
A sales contract is signed on February 1. Closing takes place on March 10, and the security deed is recorded on April 15. The borrower’s first payment is due on May 30. When is the soonest that the broker might receive a commission check?
What type of insurance provides coverage for community/ private assets over $60,000?
Compensation for a salesperson from someone other than the broker, with whom the salesperson is affiliated, can only be accepted under what condition?
Which of the following did the Can-Spam Act establish guildelines for?
A homeowner received estimates that ranged between $35,000 and $40,000 for repairing damage caused by water leaking into the basement. When he listed the house, he did not disclose the leak or the damage to the basement on the property disclosure form. However, anyone walking through could clearly tell there was damage. The basement damage is an example of a:
What must a broker do if their real estate brokerage recieves a written request from the seller informing them to not contact the seller once the sale of their home is complete.
The consumer can be called up to ____ due to the do-not-call registration.
A buyer’s broker whose commission is shared via the MLS with the commission paid by the seller to the listing broker in a real estate purchase, remains the __________-
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 half at what he expected. Has the agent vioalted any duties to the seller?
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 salesperon’s brokerage firm.A salesperson has been trying for week to list a spectacular house for sale. In order to get the listing, the salesperson should not tell the owner that:
To be a qualifying broker in the state of Georgia, you must:
When making a listing presentation, the licensee is told by the seller that the commission rate he refers to appears to be slightly high. How should he repond to the this statement about the commission rate he quoted?
For a resident of North Carolina who holds a nonresident Georgia real estate broker’s license, which qualification must be met?
In Georgia, A real estate company that has joined a national franchise has none of the following EXCEPT _____ in its advertising.
All of the following are false when a broker of a sole proprietorship has their license suspended for two years EXCEPT: