The primary relationship between broker and client

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Reference no: EM132268700

1) Which of the following is true regarding agency in Tennessee?

An implied agency relationship can exist without an agreement through the actions of a licensee.

A facilitator relationship must have a written agreement.

Facilitator relationships are not legal.

In the absence of a written agreement, there is no such thing as implied agency.

2) Before presenting an offer to a FSBO (for sale by owner) seller, a buyer's agent must obtain a

commission waiver.

agency agreement.

signed disclosure.

commission commitment.

3) Before presenting an offer to a FSBO (for sale by owner) seller, a buyer's agent must obtain a

commission waiver.

agency agreement.

signed disclosure.

commission commitment.

4) The primary relationship between a broker and client is the

agency relationship.

employee relationship.

licensee relationship.

transaction relationship.

Reference no: EM132268700

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