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Author Question: An ad hoc contract whereby seller agrees to pay a commission to any broker who procures a buyer, and ... (Read 177 times)

krzymel

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on: Aug 3, 2018
An ad hoc contract whereby seller agrees to pay a commission to any broker who procures a buyer, and seller also reserves the right to sell the property herself without having to pay a commission at all, is a(n):
 
  a. Exclusive right to sell agreement
  b. Open listing agreement
  c. Exclusive agency agreement
  d. None of the above

Question 2

The contract between the seller of a property and the broker employed by the seller, made for the purpose of selling the real property, is the:
 
  a. Offer to purchase agreement
  b. Deed of trust agreement
  c. Promissory note agreement
  d. Listing agreement


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bigsis44

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Reply #1 on: Aug 3, 2018
Answer to Question 1

B

Answer to Question 2

D


krzymel

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Reply 2 on: Aug 3, 2018
Thanks for the timely response, appreciate it

tranoy

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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