The CE Shop » Sales License » 45-HR. CA REAL ESTATE PRACTICE COURSE » Summer 2021

Question #1

Which of the following is true regarding the BRNN?

A. It safeguards the licensee's compensation.

B. It requires the buyer to compensate the licensee in the event the licensee procures a property for the buyer.

C. It safeguards the licensee from claims of undisclosed dual agency.

D. It informs the consumer of the benefits of dual agency.

Question #2

What makes a non-exclusive buyer representation agreement different from an exclusive buyer representation agreement?

A. A non-exclusive agreement allows the broker to present a listing to multiple buyers.

B. An exclusive agreement is used when the buyer has already made an offer on a single property.

C. A non-exclusive agreement allows the buyer to work with other brokers, any one of whom may end up representing the buyer in the transaction.

D. A non-exclusive agreement is used when the buyer is willing to consider the purchase of multiple properties.

Question #3

A buyer representation agreement that states the buyer will only work with one agent is __________________ buyer representation agreement

A. A non-exclusive

B. An enforceable

C. An exclusive

D. An illegal

Question #4

Which type of buyer representation agreement published by C.A.R. does not include a broker compensation section?

A. BRE

B. BRNN

C. BRNE

D. BRNBC