When must a broker disclose an existing brokerage relationship to another party to a potential transaction?
a. prior to a rapport-building conversation at an open house
b. upon initial contact at an open house
c. before holding a general conversation about values in a particular area
d. before eliciting confidential information
Answer: d. before eliciting confidential information
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At the shipping port in Charleston, South Carolina, the large shipping boxes that arrive on super freighters from Indonesia are unloaded directly onto a train car for transport within the United States. This demonstrates how _____ has simplified the transport of products from one mode of shipping to another.
Fill in the blank(s) with the appropriate word(s).
The covenant in a deed where the grantor guarantees that no one has any other interest in the property that will disturb the grantee's possession is known as:
a. the covenant of further assurances b. the covenant against encumbrances c. the covenant of quiet enjoyment d. the covenant of seisin