General Real Estate Topics Exam Prep

General Real Estate Topics Exam Prep
The body of law which governs the relationship between someone selling real estate and the broker who lists his property is called:
A trust account is required if:
A buyer purchases a rental property which is a duplex. Both units are occupied and the rents are $1,000/monthly/unit. The rents are due on the 1st of the month. The closing is January 17 and both rents have been paid. What is the closing statement entry if the year is based on a 360 day year?
When a provisional broker receives trust money, he or she must:
If a broker receives cash as a due diligence fee, the broker must: