Question
On July 1, a broker collected $350 from a renter who wanted to locate a suitable rental. The broker provided her with a current and
On July 1, a broker collected $350 from a renter who wanted to locate a suitable rental. The broker provided her with a current and accurate list of available units. If the renter is unable to find a rental property from the list she purchased, to what refund, if any, is she entitled?
a. The renter can receive $87.50, if she notifies the broker by the end of July.
b. The renter is entitled to $350, if she notifies the broker by July 15.
c. The renter's is $262.50, if she makes demand for the return of the return of the fee before July 31.
d. The renter is not entitled to any refund, as Broker has fulfilled his duty to his principal by assuring that the list was current and accurate.
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