Leasing and Property Management Practice Question
Question
A broker is supervising a transaction file involving termination notices. Which statement is the most accurate exam answer? (Item 60)
Answer choices
- A. It shifts all responsibility to escrow and eliminates the broker’s duties.
- B. It makes oral promises enforceable in every real estate transaction.
- C. It is optional whenever both parties verbally agree to proceed.
- D. Recognize that different rental situations require proper notices before further remedies.
Correct Answer
D. Recognize that different rental situations require proper notices before further remedies.
Explanation
The correct answer is D because termination notices requires candidates to recognize that different rental situations require proper notices before further remedies. The other options overstate the effect of custom, oral agreement, escrow, or independent salesperson action and do not reflect safe California exam practice.
Question details
- Difficulty: hard
- Domain: Leasing and Property Management
- Objective: termination notices