Under California law, the agency disclosure requirements for residential transactions apply to which types of properties?
Correct Answer
C) Residential real property transactions involving one to four dwelling units
Under California Civil Code §2079.14, the agency disclosure requirements apply to residential real property transactions involving one to four dwelling units. This includes single-family homes, duplexes, triplexes, and fourplexes.
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Previous Question
A buyer verbally says to an agent, 'I want you to find me a house.' The agent begins showing properties and negotiating offers on the buyer's behalf, but no written agency agreement is signed. Under California law, what type of agency has most likely been created?
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A California seller lists their home with Broker A. A buyer's agent from Broker B brings an offer. The buyer's agent verbally promises the seller better terms if the seller switches listing brokers. Under California law, the buyer's agent's conduct creates what legal issue?