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Coverage in a home warranty program

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Reference no: EM133035503

The real estate commission of Pennsylvania is empowered to do all of the following except:

A.  substantial misrepresentation, 

B. failing to furnish a copy of a listing, 

C. Failing to disclose the representation of the seller 

D. failing to notify the real estate of being in a violation of the 

Which of the following conditions are traditionally included in coverage in a home warranty program?

A.  Encroachments on the lot where a new home has been built 

B. Title defects on a property being sold by a developer 

C. Electrical and plumbing malfunctions in a new home 

D. Developer encumbrance on a new home 

A salesperson secured a listed price that is $110,000. A prospective buyer asks the salesperson to write a $65,000 offer for the property. The salesperson should: 

  1. Prepare the offer as requested and show it to the seller
  2. Prep the offer as requested but not waste the sellers time presenting it
  3. Advise the buyer to offer more for the property since the seller is unlikely to accept that low of an offer
  4. Suggest that the buyer have another licensee prepare the offer

Reference no: EM133035503

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