In a Tampa transaction, a buyer wants the Florida rule on timing and wording traps for no-brokerage disclosure in residential sales. Which statement is correct?
Correct Answer
C) A no-brokerage relationship is not the same as single agency or transaction brokerage.
A no-brokerage relationship is not the same as single agency or transaction brokerage. This follows F.S. § 475.278(4)-(5); Pearson VUE Florida Sales Associate CIB.
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Related Topics & Key Terms
Key Terms:
Related Concepts
Environmental hazards disclosure involves informing buyers about environmental contamination or hazards affecting or potentially affecting a property, including underground storage tanks, contaminated soil, hazardous waste, and proximity to Superfund sites.
Flood zone disclosure requires informing buyers whether a property is located in a designated flood zone as mapped by FEMA. Properties in high-risk flood zones may require mandatory flood insurance.
HOA disclosure requires informing buyers about the existence, rules, fees, financial health, and restrictions of a homeowners association governing the property. This information helps buyers understand their obligations before purchase.
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:
- → Agent Lopez represents seller Garcia as a single agent. During negotiations, Lopez learns that the buyer is being transferred by his company and must close within 30 days or lose the opportunity. Garcia's property has been on the market for 8 months. How should Lopez use this information?
- → In Florida, when does a licensee have a no brokerage relationship with a consumer?
- → In a Tampa transaction, a buyer wants the Florida rule on buyer-and-seller same-transaction scenarios. Which statement is correct?
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- → Licensee Rodriguez is working as a single agent for seller Williams on a Tampa Bay condo. When must Rodriguez provide the single agent disclosure to prospective buyers?
- → ABC Realty represents both the buyer and seller in the same transaction. The broker has appointed Sales Associate Johnson to represent the buyer and Sales Associate Martinez to represent the seller. What type of agency relationship exists?
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Previous Question
A Florida licensee receives a phone call from someone asking about a listed property's square footage, lot size, and school district. The licensee provides this information from the MLS listing. No meeting occurs and no further services are discussed. What relationship exists?
Next Question
A real estate licensee is showing properties to a buyer but has not entered into any written agreement and is providing only ministerial acts. The licensee finds a property listed by another brokerage and writes an offer. What type of relationship exists between the licensee and the buyer?