CHAPTER 7 & 8 Flashcards

(49 cards)

1
Q
A

AGENCY

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2
Q
A

AGENT

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3
Q
A

APPARENT AUTHORITY

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4
Q
A

AS IS

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5
Q
A

BROKER

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6
Q
A

BROKERAGE

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7
Q
A

BROKER-IN-CHARGE (BIC)

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8
Q
A

CAVEAT EMPTOR

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9
Q
A

CO-BROKERED TRANSACTION

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10
Q
A

COMMINGLING

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11
Q
A

COMMISSION

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12
Q
A

COMMON LAW OF AGENCY

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13
Q
A

COOPERATING BROKER

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14
Q
A

CUSTOMER

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15
Q
A

DESIGNATED DUAL AGENCY

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16
Q
A

DUAL AGENCY

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17
Q
A

EMPLOYEE

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18
Q
A

EXPRESS AGREEMENT

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19
Q
A

EXPRESS AUTHORITY

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20
Q
21
Q
22
Q
A

FIRST SUBSTANTIAL CONTACT

24
Q
A

GENERAL AGENT

25
IMPLIED AGREEMENT
26
IMPLIED AUTHORITY
27
INDEPENDENT CONTRACTOR IN-HOUSE SALE
28
MATERIAL FACT
29
MULTIPLE LISTING SERVICE (MLS)
30
NEGLIGENT MISREPRESENTATION
31
NEGLIGENT OMISSION
32
NON-AGENCY
33
OLD CAR
34
ORAL BUYER AGENCY
35
PRINCIPAL
36
PROVISIONAL BROKER
37
PUFFING
38
RATIFICATION
39
SELF-DEALING
40
SPECIAL AGENT
41
STIGMATIZED PROPERTY
42
SUBAGENT
43
TORT
44
TRANSACTION BROKER
45
UNDISCLOSED DUAL AGENCY
46
UNIVERSAL AGENT
47
WILLFUL MISREPRESENTATION
48
WILLFUL OMISSION
49
WORKING WITH REAL ESTATE AGENTS (WWREA)