All of the following are violations of the Texas Real Estate Licensing Act EXCEPT
A) receiving a commission without the knowledge and consent of the license holder's client.
B) placing a For Sale sign in front of a house after receiving written permission to post the sign.
C) failing to disclose to a potential purchaser any latent structural defects known to the license holder.
D) encouraging a seller to reject an offer because the of the prospective buyer's religion.
Answer: B) placing a For Sale sign in front of a house after receiving written permission to post the sign.
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Indicate whether the statement is true or false.
The purpose of the title search is to ensure that the
A) title is free of claims from third parties. B) buyer has adequate funds for a down payment. C) appraisal is correct. D) bank has title to the funds it is lending.