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A(n) _______ is the third party with whom the agent deals when working on behalf

ID: 395232 • Letter: A

Question

A(n) _______ is the third party with whom the agent deals when working on behalf of the principal.

client

customer

principal

tester

What is the primary risk for the sellers if they allow virtual and video home tours?

The property tends to sell too fast.

That thieves can see what is in the home and plan to rob them.

The buyers will more often have buyers' remorse.

It will reduce the total number of showings.

Seller Charles has a brother who is claiming an ownership interest in Charles's property. This dispute could lead to what is called

a duplicate title.

a quitclaimed title.

a clouded title.

a marketable title.

Explanation / Answer

Question:- A(n) _______ is the third party with whom the agent deals when working on behalf of the principal

Answer:- Tester

Question:- What is the primary risk for the sellers if they allow virtual and video home tours?

Answer:- It will reduce the total number of showings.

Reason:- Number of showings will be reduced as most of the customers will prefer to have the virtual tours

Seller Charles has a brother who is claiming an ownership interest in Charles's property. This dispute could lead to what is called

Answer:- a clouded title.

Reason:- A clouded title is an irregularity in the chain of title of the property that results in the person pause before accepting a conveyance of title

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