This office lease form is an agreement between the landlord, owner of the property, and a borker. This agreement describes the nature of the services to be provided and the terms and usage under the agreement.
This office lease form is an agreement between the landlord, owner of the property, and a borker. This agreement describes the nature of the services to be provided and the terms and usage under the agreement.
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What is true about brokerage agreements in Alabama? They must be in writing to be enforceable. An associate who lists a property still has certain obligations to the buyer in a transaction.
A commission may be earned after the listing period expires pursuant to the ?safety clause.? The seller may owe compensation to the broker if certain persons purchase after the expiration of the listing. This provision is often called a ?safety? or ?protection? clause.
A person licensed to act on behalf of a real estate brokerage is called an affiliated licensee. Qualifications for Managing brokers license. 18 yrs old. high school diploma or equivalent. must have at least 3 years experience within the last 5 years as a full time broker in WA or in another state with similar ...
Which of the following is a true statement regarding qualifying brokers in Alabama? Qualifying brokers are responsible for the actions of licensees who work under them.
A service agreement is a contract between a brokerage and a client. The client agrees to hire the brokerage to act on their behalf in a real estate transaction. The brokerage agrees to deliver the services specific to the contract and fulfill various obligations to the client.
(b) Whenever an Alabama broker enters into a co-brokerage agreement with a nonresident broker to perform in Alabama any of the acts described in Section 34-27-30 the Alabama broker shall file within 10 days with the commission a copy of each such written agreement.
Final answer: The correct answer is C: Selling personally-owned property. In Alabama, you don't need a real estate license to sell your own property, but you typically need one for managing property, performing market analyses, or selling real estate at an auction.
Under what circumstance can a broker act as a qualifying broker for a real estate company and a vacation timeshare company? If both companies are located at the same physical address.