Question

Which of the following is a common type of agency relationship?

Facilitator agency

Closer agency

Buyer/Tenant agency

Disruptor agency

Albert finally found a buyer for his five-plex and closing is set for August 8th. At closing, four of Albert's tenants have already paid their $987.50 monthly rent and one of the units remains unoccupied. What will the rent proration be assuming the 365-day method and that the closing day belongs to the seller?

Debit the buyer $2,931, credit the seller $2,931

Credit the buyer $2,931, debit the seller $2,931

Credit the buyer $3,663, debit the seller $3,663

Debit the buyer $3,663, debit the seller $3,663

The employing broker must give a copy of the employment agreement, including any modifications, to

only the employees.

only the independent contractors.

every one of his or her employees and licensee contractors.

their state's Real Estate Commission.

Answer 1

Q1)Disruptor agency

Q2)987.50 x 4 units = $3,950 / 31 = $127.419 x 23 days = $2,931 credit buyer

Q3) every one of his or her employees and licensee contractors.

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