In a Tampa transaction, a buyer wants the Florida rule on buyer-and-seller same-transaction scenarios. Which statement is correct?
Correct Answer
C) Florida does not require a generic separate writing merely to create the transaction-broker presumption.
Florida does not require a generic separate writing merely to create the transaction-broker presumption. This follows F.S. § 475.278(1)-(2); Pearson VUE Florida Sales Associate CIB.
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Related Topics & Key Terms
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Related Concepts
Megan's Law requires states to make information about registered sex offenders available to the public. Some states require real estate agents to inform buyers about the availability of sex offender registries.
Mold disclosure involves informing buyers about the presence of mold or conditions that are conducive to mold growth in a property. While no federal mold disclosure law exists, many states require disclosure of known mold issues.
A property condition disclosure is a written statement by the seller detailing the known condition of the property, including defects, repairs, and issues with major systems. Most states require sellers to complete this form.
More Authorized Relationships Disclosures Questions
Under Florida law (F.S. § 475.272 and § 475.278), which statement most accurately describes Florida's rules on brokerage relationships in a residential real estate transaction?
Consent to transition from single agent to transaction broker in Florida must be:
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Listing agent Kevin receives an inquiry from buyer agent Rachel about his listed property. Rachel wants to schedule a showing for her client tomorrow morning. When must Kevin provide disclosure to Rachel's client?
- → In Florida, the disclosure of brokerage relationship must be made:
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- → Agent Mitchell is a single agent for seller Brown in Naples. Brown asks Mitchell to lie about the age of the roof to potential buyers. How should Mitchell respond?
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