Agency
Agency Practice Question
Minnesota real estate licensees are regulated by the:
A
Minnesota Real Estate BoardB
Minnesota Department of CommerceC
Minnesota Real Estate AssociationD
Minnesota Division of LicensingExplanation
The Minnesota Department of Commerce regulates real estate licensees in Minnesota.
More Agency Questions
A fiduciary relationship exists between:
Which duty requires an agent to keep the principal informed of all material facts?
Dual agency occurs when:
An agent who exceeds the authority granted by the principal:
A broker who represents both the buyer and seller in the same transaction without the knowledge and consent of both parties is practicing:
Practice More Questions
Access 2,000+ practice questions and pass your real estate exam.
Get Started Free