Reference no: EM133051659
1) What is the name of the C.A.R. form used to make an offer for Residential Real Estate?
2) What is the importance of the Case Eaton v Strassburger (1984). What information are the Real Estate Agents required to provide in writing for Residential property due to this case?
3) If a Broker has a verbal agreement to sell a home, if the property get sold and goes to Escrow, does the Broker have a right to a commission? Why or why not?
4) Summarize the differences between an Exclusive Right to Sell listing, vs an Exclusive Agency listing, vs an Open listing? In today Real Estate world, with type of listing would Broker's require their Agents to take? What is the definition of Procuring Cause?
5) Does an otherwise valid Grant Deed need to be recorded to be valid? What are some reasons that recording a Grant Deed would be beneficial? What typically must accompany a document to be recorded?
6) What is the purpose of a Lis Pendens?
7) What is the importance of having Title Insurance and what does it cover? Is Title insurance required by law?
8) What does RESPA stand for and how does it currently affect Real Estate Agents?
9) List the 5 Broker (Agent) Obligations to their Clients?
10) What are some reasons that Real Estate Agents should be familiar with Legal Aspects when working in their profession?
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: 1) What is the name of the C.A.R. form used to make an offer for Residential Real Estate?
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