Solved

Language Such as "A Commission Is to Be Paid to the Broker

Question 16

True/False

Language such as "a commission is to be paid to the broker whether the purchaser is secured by the broker or by any person other than the seller" creates an "exclusive right to sell" listing agreement.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q11: Rob and Kim entered into an oral

Q12: The Federal Trade Commission has ruled that

Q13: Which of the following agents can be

Q14: Under the U.S Supreme Court's ruling in

Q15: In most cases, an unlicensed real estate

Q17: As a general rule, an agent will

Q18: Kelsey, a seller, signs two open listing

Q19: In some states a person may broker

Q20: Broker A has a listing agreement with

Q21: Under the traditional rule, a broker earns