Question 1. An exclusive right of sell listing

1)	Is prohibited by law from having an expiration date.

2)	Is usually required in order to use a MLS.

3)	Is contractually the same as an exclusive agency listing.

4)

Provides for the payment of a commission to the listing agent only if he procures the buyer.

Question 2

A landlord offers to pay a tenant's moving expenses in order to persuade the tenant to sign a lease. This is an example of what?

1)	a concession

2)

a bribe

3)	an incentive

4)

a deal

Question 3

All of the following are responsibilities of the asset manager EXCEPT:

1)	find properties for the investor

2)	line up financing for properties

3)	make decisions on maintenance

4)	oversee due-diligence of the purchase

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