Reference no: EM132832415

Problem 1: A licensee is emailing information regarding an open house for one of her listings. In addition to complying with state-specific requirements for advertising, which of the following must be included in the email?

A) opt-out provision
B) how the recipient's name was obtained
C) complete property address
D) listing sale price

Problem 2: Whenever a salesperson receives cash to be held in trust, The salesperson MUST:

a) deposit the money within 24 hours in an interest bearing account
b) give a written receipt signed by the salesperson to the prospective purchaser and immediately deliver the funds to the broker
c) notify the customer that cash is unacceptable and request that payment be made by a certified check as required by the license law
d) immediately deposit funds in the salesperson account and write a check to the brokers escrow account