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An announcement that discloses the presence of varied environmental dangers features disclosures for which of the following substances?
In what conditions, if any, can a broker in Arizona who is serving being an intermediary representing both get-togethers acquire compensation from both equally the customer and the vendor?
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You might take this practice take a look at as repeatedly as you desire. Note: If you close up your browser your solutions will be cleared. To assessment all the thoughts and responses, click on the ‘Record’ button. Fantastic luck about the Arizona real estate practice test!
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Loyalty: The agent owes undivided loyalty to the client and places the customer’s pursuits higher than her have.
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The statute wasn't designed to avoid oral contracts. One exception to this rule is oral leases for a period not exceeding just one calendar year. These types of leases are enforceable In case the intent of the events could be set up in court. Incorrect response, be sure to pick A different reply.
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Notification towards the deliverer which the deed has been accepted takes place if the deed is recorded. The strategy of authorized acceptance of a deed varies by point out. Incorrect answer, please choose another remedy.
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Contracts for that sale or buy of real estate are unenforceable in a court docket of regulation Except if They may be in writing and signed via the events to be billed. The purpose of the statute of frauds is to forestall fraud by anyone trying to find to enforce a contract which was by no means produced.
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While you prepare for your personal real estate license exam, know that listing agreements create the connection amongst the real estate agent and also the property vendor. Bear in mind equivalent agreements may be applied among a buyer and an agent when consumer representation is sought after.