
State licensing laws generally prescribe two levels of real estate brokerage licensing: the broker license and the salesperson license. Which of the following responsibilities is an individual with a salesperson license permitted to do?
A) Own and operate a real estate brokerage business
B) Handle money in trust for clients
C) Negotiate listing contracts or contracts for sale
D) Complete legal documents used in sales and leases in their own name
Correct Answer:
Verified
Q1: In determining the appropriate listing contract to
Q2: As an agent for the buyer or
Q4: Blockbusting, which involves persuading an individual to
Q5: Real estate brokers serve as intermediaries by
Q6: According to the law of agency, real
Q7: In dual agency, conflicts of interest may
Q8: State licensing laws prescribe behavioral requirements with
Q9: One of the traditional requirements for individuals
Q10: The importance of brokers in the real
Q11: In acting as an agent for another
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