The title company in advance of the referral

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Reference no: EM132268689

1) In order to refer a principal to a title company in which a licensee has an interest, the licensee must inform the title company in advance of the referral.

inform the principal if any compensation is involved.

inform the principal of the interest if the principal decides to use the company.

disclose the interest and obtain the principal's consent.

2) _____________ would be liable for a licensee's misrepresentations.

A client

A customer

A licensee's managing broker

The licensee's assistant

3) If you are a seller's designated agent, which of the following is true?

You may share the seller's confidential information with other licensees.

You may share the seller's confidential information with the managing broker.

You may share the seller's confidential information with other licensees and the managing broker.

You may share the seller's confidential information with no one.

Reference no: EM132268689

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