1-Amy is a salesperson with TipTop Realty and she lists Scotts house. Michael is a broker-salesperson with Crosstown Real Estate Agency and he brings Amy an offer from his buyer Maryann. They reach a meeting of the minds and go to contract. What agency relationship does Maryann have with Amy?

• Her client.
• Her customer.
• Her subagent.
• Her sub-subagent, since Michael is already a subagent of Maryann.

2-One Saturday morning, Andys client makes an offer to rent an apartment. She gives Andy the $1,000 deposit in cash. Knowing that his office is closed, and concerned about having $1,000 in cash all weekend, Andy deposits the money in his bank account and immediately gets a cashiers check for $1,000, payable to his firm. On Monday morning, he turns in the completed lease, the offer, and the $1,000 cashiers check to his firm.

• Andy is not in violation, because he called his broker and got permission to exchange the cash for a bank check before actually doing so.
• Andy has not commingled funds because he simply exchanged the cash for a cashiers check, payable to his brokerage firm.
• Andy is in violation of the Real Estate Commission rules for commingling funds.
• Andy is not in violation, because he ensured the clients deposit went into the escrow account within five business days.

3-After 15 years of working as a broker, Dan opens his own agency, Dan Stevens Realty. To save money as he gets started, he converts his garage to an office.

• His sign by the street: Dan Stevens Realty: Youll feel at home with us meets all the Real Estate Commissions signage rules
• Dan is in violation, because although visitors have to enter through the homes kitchen door, his actual office where they conduct business is in a separate room
• Dan is in compliance because he shows on the wall the names of the full-time licensees, and whenever a part-timer becomes full time, he adds their names to the list of licensees on display.
• In addition to any other signage, a sign stating, Dan Stevens. Licensed Real Estate Broker must be conspicuously displayed on the exterior of his office.