A broker may only offer those ___________ that the broker's office _______ permits.
But, if a consumer asks about a ________ _________, such as buyer agency, seller agency, or transaction-broker, the broker must provide Commission-approved __________ even if the broker does not offer that _____________.
legal relationship; definition; relationship.
Prior to representation, the licensee is required to obtain a signed __________ ______________ disclosure from the principal(s).
The disclosure must be made at the time that specific ____________ is given to the buyer, seller, landlord or tenant.
*___________ assistance occurs when the licensee asks for or accepts ____________ information* concerning the __________'s real estate needs, motivations, or financial qualifications.
Failure to discuss brokerage relationships before the principal enters into a transaction is a ____________ , but does not affect the _________ of a contract or of the __________ title.
A Single Agent is a __________ agent who must perform in the terms of:
-the written __________
-exercise reasonable _______ and _______
-promote the interests of the principal with utmost good ______, _______ and ________.
-skill and care
-faith, loyalty, and fidelity
The duties of a Single Agent are to the ________ who hires the agent, not to a ______ __________.
*The Seller's agent owes no __________ to the Buyer except to disclose adverse __________ ______ , likewise, the Buyer's agent owes no duty or obligation to the _______.*
principal; third party.
loyalty; material facts; Seller.
*A transaction broker is not an __________ for either party* to a transaction, though he may perform any _________ ______________made with the party to the transaction.
Colorado Contracts to Buy & Sell allow that notice to the _________ is considered notice to the ________ working with that _________.
broker; party; broker.
When agreed to, brokers and principals may change their _________ arrangement.
An example would be if a _______-_______ became a buyer's broker by signing a _________ Agency agreement or a Change of ________ form.
Company policy must provide for _____________ to conflicts of interest,
such as when the ______ brokerage firm finds a buyer for a listing.
When changing the type of ________ _________ (such as to a transaction broker), the broker must inform the _________ in writing before showing a ___________ or conducting ____________.
broker agency; principal; property; business.