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351 Promulgated Contract Forms #5

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351 Promulgated Contract Forms #5 A broker may not disclose any confidential info unless: a. the broker is given permission in writing by the client b. it is required by law c. confidentially is n ... ot required in real estate d. both a & b - ANS-d. both a & b ? A Buyer/Tenant Representation Agreement is: a. only available through TREC b. only available through TAR c. sometimes available through local Realtors Boards d. available to the public on the TREC website - ANS-c. A contract is described as: a. mutually binding b. legally enforceable c. an agreement between two or more parties to do or not to do something d. all the above - ANS-d. all the above ? or c. A license holder must disclose if he is a party to the transaction, or acting on behalf of a spouse, parent, child, business entity in which the license holder owns more than 10%. This is done in Paragraph ______ of the One-to-Four Family Residential Contract (Resale). a. 4 b. 7 c. 19 d. 25 - ANS-a. 4 A license holder who gives advice or opinion as to the legal effect of a contract or give opinions concerning the status of validity of title to real estate: a. is allowed to do this if they are a broker b. is practicing law c. may give legal opinions to a client buy not to a customer d. may give legal opinions if th [Show More]

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