Agency
Under California law, an agent must present all written offers to the seller unless the seller has given written instructions to the contrary. This obligation extends to offers received:
AOnly before the property goes into escrow
BUp until the seller signs a counteroffer
CUntil close of escrow✓ Correct
DOnly during the first 30 days of the listing
Explanation
California law requires agents to present all written offers to the seller until close of escrow, unless the seller has provided written instructions otherwise. This protects the seller's right to consider all potential buyers.
Related California Agency Questions
- What is 'subagency' in real estate?
- In California, a 'designated agency' arrangement allows a broker to:
- The duty of 'accounting' in a fiduciary relationship requires an agent to:
- An agent who acts beyond the scope of their authority may be liable for:
- In California, what is the maximum number of days a buyer's agent must provide the buyer with the Agency Disclosure form?
- What is 'ratification' in agency law?
- Under California law, a real estate broker who manages property for clients must maintain a separate trust account for client funds. Mixing client funds with the broker's personal funds is called:
- The concept of 'vicarious liability' in real estate agency means that:
Practice More California Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free California Quiz →