Under what listing clause may the broker claim a commission if the owner sells to a person the broker introduced to the property within a certain time?
A listing agreement entitles a real estate broker or agent to a commission if the property sells to any buyer who was introduced by the agent. The safety protection clause states the broker is entitled to this commission even if the sale occurs after that broker’s listing agreement expires.
What type of listing agreement provides for payment of a commission to the broker?
With an exclusive agency listing, one broker is authorized to act as the exclusive agent for the seller. The seller retains the right to sell the property, without obligation to the broker. However, the seller is obligated to pay a commission to the broker if the broker is the procuring cause of the sale.
Under which of the following listing agreements can owners of a listed property sell the property on their own without having to pay the listing broker a commission?
D opinion listing. under which the following listen agreements can owners of listed property sell the property on their own without having to pay the listing broker commission? a property owner signed a 90 day listing agreement with a broker.
What is a ready willing and able buyer quizlet?
The word able in the expression ready, willing, and able refers to the. financial ability of the buyer to complete a transaction. You just studied 16 terms!
Which of the following is the responsibility of an agent?
Agent has a fiduciary duty to their client and owes fair and honest dealing with the customer. All material facts about a property must be disclosed to all parties involved in the transaction. Created when the parties formally state their intentions to create agency either in writing or verbal.
What relationship implies a position of trust and confidence?
In a fiduciary relationship, one person, in a position of vulnerability, justifiably vests confidence, good faith, reliance and trust in another whose aid, advice or protection is sought in some matter.
What is duty of mutual trust and confidence?
A concept that has developed over time is that of the implied duty of trust and confidence which means that employers and employees are bound by an implied term that they will not, without reasonable and proper cause, act in a manner calculated or likely to destroy or seriously damage the relationship of mutual trust …
What is a serious breach of trust and confidence?
An employee may be found to have breached their duty of trust and confidence if they make disparaging comments about their employer on social media or falsely claim sick pay. Acting reasonably and in an even handed manner at all times is the key to ensuring trust and confidence isn’t breached.
Can you fire someone for Loss of trust?
It is increasingly common for employers to cite a loss of trust and confidence with an employee as a reason for terminating their employment. A breakdown in trust and confidence can be a fair reason for dismissal for ‘some other substantial reason’ (SOSR).
What to do if your employee lies to you?
Here are some options you may want to consider:
- Ignore it. Look, I didn’t say these would be great options, but they’re options.
- Pretend they didn’t mean to lie. I once had an employee tell me he’d finished labeling some folders when he hadn’t.
- Gently confront the fabricator. Sometimes you just have to bite the bullet.
What to do if someone files a false complaint against you?
(A) Where the person lodged a false FIR against an Individual, that individual may u/s 182 of IPC file a complaint with the police officer with whom such FIR has been lodged or to his Senior police officer, who is empowered file a case against such police officer who has lodged the FIR before the Magistrate court.
How do you prove defamation?
To prove prima facie defamation, a plaintiff must show four things: 1) a false statement purporting to be fact; 2) publication or communication of that statement to a third person; 3) fault amounting to at least negligence; and 4) damages, or some harm caused to the person or entity who is the subject of the statement.
What are the four defenses against a successful libel suit?
The major defenses to defamation are:
- truth.
- the allegedly defamatory statement was merely a statement of opinion.
- consent to the publication of the allegedly defamatory statement.
- absolute privilege.
- qualified privilege.
- retraction of the allegedly defamatory statement.
What are some examples of defamation?
An example of a defamatory statement may be an accusation made against a public official—such as a claim that he or she took a bribe or committed a crime, assuming the allegation is presented as fact. An accusation of “police brutality” or immorality may also be defamatory.