Flashcards in Office Procedure Exam 1 & 2 Deck (11)
When a brokerage closes, records must be kept where
Original brokerage address
Brokerage records must be kept for
When brokerage closes, Division must be notified within ____ days on where records will be kept
Closing docs can be prepared by...
Assoc Brokers, Brokers, and Title Companies
When must broker provide update on transactions?
When requested and after 30 days from acceptance
When broker dies or is inactive:
Listing agreements = ___________
Contracts = _________________
Broker may be accused of comingling if money in Real Estate Trust account exceeds
Maximum number of trust accounts Broker may have?
Client signs listing. Who represents who?
Agent represents Broker who represents client
There is no liability to fail to disclose a....