Prepaid Rental Listing Service PRLS licensee provides prospective tenants with listings of residential real property and collect a fee. A PRLS license issued by DRE is for a period of:
a. One year
b. Two years.
c. Three years.
d. Four years.
Answer: b. Two years.
Business
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The single-step income statement emphasizes
a. the gross profit figure. b. total revenues and total expenses. c. extraordinary items and accounting changes more than these are emphasized in the multiple-step income statement. d. the various components of income from continuing operations.
Business
The clause in a listing agreement that protects the brokers commission if someone with whom the broker negotiated purchases the property after the expiration of the listing is known as a
A) non-discrimination clause. B) protection our safety clause. C) due-on-sale clause. D) corporation clause.
Business