A Real Estate Purchase Agreement Contract Used by a Multiple

question 57

Multiple Choice

A real estate purchase agreement contract used by a multiple listing member may be all of the following EXCEPT

• A) receipt for earnest money.
• B) contract up to the date of closing.
• C) commission agreement between the seller and broker.
• D) statement of the buyer's costs.

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Definitions:

Agent

A person authorized to represent or act on behalf of a principal in dealings with third parties.

Automobile Accident

A collision involving one or more vehicles, typically resulting in property damage, injuries, or fatalities.

Employee

An individual who is hired by an employer to perform a specific job under the direction and control of the employer, usually on a permanent or temporary basis.

Independent Contractor

An individual or entity contracted to perform work for another entity as a non-employee, often with greater flexibility and less oversight.