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What period of time after fair housing violation has occur

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Reference no: EM132832420

Problem 1: A broker receives an offer on one of his listings from a buyer to whom he has shown the property. Before he is able to present it to the seller, another offer on the property comes in from a cooperating agent. The broker should do which?

A) Present the first offer first, and the second offer only if the first is not accepted.
B) Present only the first offer which he had obtained.
C) Present both offers to the seller as soon as possible.
D) Present the second offer only. Presenting the first would be considered dual agency since he had obtained that offer and was the listing agent.

Problem 2: A complaint must be filed with HUD within what period of time after a fair housing violation has occurred?

a. 1 month
b. 1 year
c 2 years
d 2 months

Problem 3: A seller's agent is contacted by a potential buyer whose financial status is questionable. When asked to write an offer, the agent should....

A. Refuse to write an offer
B. Relay any reservations to the seller
C. Ask for a high earnest money payment
D. Require the buyer's financial statement to accompany the offer

Reference no: EM132832420

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