15. An affiliate broker who retires his/her real estate license may: Continue to list and to sell so long as the list price is under $100,000. Continue to list property but cannot work with buyers. Have the license re-activated by taking the necessary steps. Sell another person's real property for a salary but not a commission. a. b. C. d. p. With property for sale yard signs, the affiliate broker's name must be Above the firm name. Below the firm name. a. b. Larger than the firm name The same size or smaller than the firm name. d. Earnest money collected by an affiliate broker must be: Held by the affiliate broker until closing. Given to the listing agent. Turned over to his/her broker immediately upon receipt. Given to the seller until closing. a. b. C. d. Brokers and affiliate brokers are only required by law to present the seller if: The offer is for full price. The offer is written. The offer includes earnest money of atleast $1,000. The buyers are financially qualified for a conventional lo a. b. С. d.
15. An affiliate broker who retires his/her real estate license may: Continue to list and to sell so long as the list price is under $100,000. Continue to list property but cannot work with buyers. Have the license re-activated by taking the necessary steps. Sell another person's real property for a salary but not a commission. a. b. C. d. p. With property for sale yard signs, the affiliate broker's name must be Above the firm name. Below the firm name. a. b. Larger than the firm name The same size or smaller than the firm name. d. Earnest money collected by an affiliate broker must be: Held by the affiliate broker until closing. Given to the listing agent. Turned over to his/her broker immediately upon receipt. Given to the seller until closing. a. b. C. d. Brokers and affiliate brokers are only required by law to present the seller if: The offer is for full price. The offer is written. The offer includes earnest money of atleast $1,000. The buyers are financially qualified for a conventional lo a. b. С. d.
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
Related questions
Question
17.
![promptly gr
Must return the license to the Real Estate
d.
15. An affiliate broker who retires his/her real estate license may:
Continue to list and to sell so long as the list price is under
$100,000.
Continue to list property but cannot work with buyers.
Have the license re-activated by taking the necessary steps.
Sell another person's real property for a salary but not a
commission.
a.
b.
С.
d.
16. With property for sale yard signs, the affiliate broker's name must be:
Above the firm name.
Below the firm name.
a.
b.
Larger than the firm name
The same size or smaller than the firm name.
C.
d.
17. Earnest money collected by an affiliate broker must be:
Held by the affiliate broker until closing.
Given to the listing agent.
Turned over to his/her broker immediately upon receipt.
Given to the seller until closing.
a.
b.
С.
d.
18. Brokers and affiliate brokers are only required by law to present offer
the seller if:
The offer is for full price.
The offer is written.
The offer includes earnest money of atleast $1,000.
The buyers are financially qualified for a conventional loan.
a.
b.
С.
d.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fc14f25ef-1e71-4ca7-9949-b6bcd8329547%2Faf76398d-3f6d-44c2-970f-0983fbc3b6aa%2Frzli5k_processed.jpeg&w=3840&q=75)
Transcribed Image Text:promptly gr
Must return the license to the Real Estate
d.
15. An affiliate broker who retires his/her real estate license may:
Continue to list and to sell so long as the list price is under
$100,000.
Continue to list property but cannot work with buyers.
Have the license re-activated by taking the necessary steps.
Sell another person's real property for a salary but not a
commission.
a.
b.
С.
d.
16. With property for sale yard signs, the affiliate broker's name must be:
Above the firm name.
Below the firm name.
a.
b.
Larger than the firm name
The same size or smaller than the firm name.
C.
d.
17. Earnest money collected by an affiliate broker must be:
Held by the affiliate broker until closing.
Given to the listing agent.
Turned over to his/her broker immediately upon receipt.
Given to the seller until closing.
a.
b.
С.
d.
18. Brokers and affiliate brokers are only required by law to present offer
the seller if:
The offer is for full price.
The offer is written.
The offer includes earnest money of atleast $1,000.
The buyers are financially qualified for a conventional loan.
a.
b.
С.
d.
Expert Solution
![](/static/compass_v2/shared-icons/check-mark.png)
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 2 steps
![Blurred answer](/static/compass_v2/solution-images/blurred-answer.jpg)
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, finance and related others by exploring similar questions and additional content below.Recommended textbooks for you
![Essentials Of Investments](https://compass-isbn-assets.s3.amazonaws.com/isbn_cover_images/9781260013924/9781260013924_smallCoverImage.jpg)
Essentials Of Investments
Finance
ISBN:
9781260013924
Author:
Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:
Mcgraw-hill Education,
![FUNDAMENTALS OF CORPORATE FINANCE](https://www.bartleby.com/isbn_cover_images/9781260013962/9781260013962_smallCoverImage.gif)
![Financial Management: Theory & Practice](https://www.bartleby.com/isbn_cover_images/9781337909730/9781337909730_smallCoverImage.gif)
![Essentials Of Investments](https://compass-isbn-assets.s3.amazonaws.com/isbn_cover_images/9781260013924/9781260013924_smallCoverImage.jpg)
Essentials Of Investments
Finance
ISBN:
9781260013924
Author:
Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:
Mcgraw-hill Education,
![FUNDAMENTALS OF CORPORATE FINANCE](https://www.bartleby.com/isbn_cover_images/9781260013962/9781260013962_smallCoverImage.gif)
![Financial Management: Theory & Practice](https://www.bartleby.com/isbn_cover_images/9781337909730/9781337909730_smallCoverImage.gif)
![Foundations Of Finance](https://www.bartleby.com/isbn_cover_images/9780134897264/9780134897264_smallCoverImage.gif)
Foundations Of Finance
Finance
ISBN:
9780134897264
Author:
KEOWN, Arthur J., Martin, John D., PETTY, J. William
Publisher:
Pearson,
![Fundamentals of Financial Management (MindTap Cou…](https://www.bartleby.com/isbn_cover_images/9781337395250/9781337395250_smallCoverImage.gif)
Fundamentals of Financial Management (MindTap Cou…
Finance
ISBN:
9781337395250
Author:
Eugene F. Brigham, Joel F. Houston
Publisher:
Cengage Learning
![Corporate Finance (The Mcgraw-hill/Irwin Series i…](https://www.bartleby.com/isbn_cover_images/9780077861759/9780077861759_smallCoverImage.gif)
Corporate Finance (The Mcgraw-hill/Irwin Series i…
Finance
ISBN:
9780077861759
Author:
Stephen A. Ross Franco Modigliani Professor of Financial Economics Professor, Randolph W Westerfield Robert R. Dockson Deans Chair in Bus. Admin., Jeffrey Jaffe, Bradford D Jordan Professor
Publisher:
McGraw-Hill Education