Broker Exam need to know,
Check the pdf file according and find the page
| Ethics.pdf |
| re-ce3-risk-management.pdf |
Book of 21 CentReal Estate Brokerage Study Book
p92 landlord NOT CHARGE increased if modified by handicapped
p56 type three business days...about trust fund handling
p60 broker $200 to cover bank charges
conversion is more serious ..chk p13
$20,000 recovery account per transaction p67
p65 broker exam === unexplained TA overage .....[type] 7 years
p66 trust fund violation == high % of licensee
oral agreeement btn brokers for division of commission = valid = open listing
fail to disclose material fact = misrep by silence
innocent misrep - not held legally liable
selling agent n on p41 ..make it
$250 p94
$50,000
under age of 18 allowed all units p92
RE agt == MAY NOT ASK IF handicapped
drug addiction = not handicap
unethical for agent to fail to respond resonable inquirey of a principle as to status
/ extent / efforts to mkt property listed exclusively
unethical - in attempting to minimize closing cost, agt say escrow does not charge for
drafting deed / notes
puffing - simple EMBELLISHMENT of good feature does NOT CONSTITUTE unethical
eg ad a residence with small yard - "easy to care for yard"
but represent new plumbing whenin fact knowing fixture have been replaced - unethical
patently frivolous == bblantantly
pat
