Question

7)

Under CAR listing agreement, the broker earns a commission by producing a ready, willing and able buyer.

True

False

8)

f a seller intentionally and knowingly misleads a broker to sell a property with only an oral listing, the broker can recover the commission by proving the oral contract.  

True

False

9)

Generally, if only one spouse signs a listing agreement, the broker may have trouble collecting a commission.

True

False

10)

The broker must always be the procuring cause of the sale in order to be entitled to a commission.

True

False

11)

Posting "No Trespassing" signs on one's property prevents someone from acquiring an easement by perscription.

True

False

Answer 1

Q - 7

False; Under CAR listing agreement, the broker earns a commission on sale.

Q - 8

False; Written contract is mandatory.

Q - 9

True; If it is a community property, generally both the spouses must sign to list.

Q - 10

False, Save and except under an Exclusive Authorization and Right to Sell Listing, the broker need not produce a buyer or be the procuring cause to be entitled to a commission.

Q - 11

False; Such signs are not always conclusive.