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 informs the consumer of the benefits of dual agency.

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

C. It safeguards the licensee's compensation.

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

Question #2

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

A. 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.

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

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

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

Question #3

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

A. An exclusive

B. A non-exclusive

C. An enforceable

D. An illegal

Question #4

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

A. BRNN

B. BRE

C. BRNE

D. BRNBC