Which type of deed offers the purchaser the greatest amount

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Problem 1: Which type of deed offers the purchaser the greatest amount of protection?

a. General Warranty Deed
b. Quitclaim Deed
c. Bargain and Sale Deed
d. Fiduciary Deed

Problem 2: When is brokers compensation negotiable?
a) only if agreed on by the client
B) if a written contract is signed
c) when the broker is an independent contractor
D) IN EVERY CASE

Problem 3: A seller's property disclosure form states that there are no known material defects with the property, but the listing licensee is aware of asbestos wrapped duct pipes in the basement. The licensee should

A. disclose the existence of asbestos to all potential buyers
B. ask the seller's permission to disclose and abide by the sellers wishes
C. suggest the buyers have a home inspection and leave discovery up to the inspector
D. suggest to the seller that he wrap the pipes to contain potential airborne contamination

Reference no: EM132833656

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