FinancingGovernment_loansMEDIUM
Before closing, a buyer asks their broker for permission to enter the vacant house they will be purchasing in order to paint the kitchen. The broker is to:
Correct Answer
A) seek approval from the seller.
A broker can operate independently and supervise salespersons.
Answer Options
A
seek approval from the seller.B
ask the buyer to deposit the balance of the down payment into escrow first.C
give the buyer access and approval but supervise their entry.D
refuse to give the buyer access and approval.Audio Lesson3 min
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Related Topics & Key Terms
Related Topics:
agency-relationshipspre-closing-proceduresbroker-authority-and-responsibilities
Key Terms:
fiduciary dutyseller's consentpre-closing accesslisting broker authorityproperty possession
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