Contracts Flashcards
Which of the following best describes a Nevada listing agreement?
A legally binding, oral or written contract between a property seller and a listing broker
Which of these Nevada licensees is properly following the rules when advertising their services or a listing?
Salesperson Mary Jade includes her own name, her license number, and the name of her affiliated brokerage, Superstar Realty, in all her ads, in a way that’s easy to see.
Danielle is a licensed salesperson in Nevada. She signs a listing contract after negotiating compensation with the seller. Who are the two parties to the listing contract?
Danielle’s broker and the client
Which type of brokerage agreement prohibits other licensees from interfering with the client-broker relationship?
Exclusive representation
The Nevada statute of frauds stipulates that a purchase contract must ____.
Be in writing