Which of the following is a REQUIRED general duty of a licensee?

1. conduct an independent inspection of the property
2. independently verify the accuracy of any representation on a property condition disclosure statement
3. accept liability and responsibility for acts of the consumer

Can a licensed real estate broker prepare an appraisal for a new loan on a property that the broker has listed for sale?

1. yes, if the appraisal is identified as a comparative market analysis
2. yes, if the appraisal is done before an offer to purchase is accepted by the seller
3. yes, with proper disclosure to the lender about the broker's qualifications

D.no, real property appraisals are not within the scope of practice for a real estate broker

40) The extent to which people believe either internal or external events determine outcomes is called a) b) c) d) external/internal orientation. locus of control. an interdependent sense of self. an independent sense of self.