Agency
A Texas broker's listing expires. The seller then sells the property themselves within the protection period specified in the expired listing. The broker may be entitled to a commission if:
AThe seller did not inform the broker about the pending sale
BThe buyer was registered by the broker as a procuring cause during the listing period✓ Correct
CThe sale closed within 90 days regardless of how the buyer was found
DThe broker filed a lis pendens before the listing expired
Explanation
Listing agreements typically include a safety (protection) clause that preserves the broker's right to a commission if the property sells to a buyer the broker introduced during the listing period and the sale closes within a specified number of days after expiration.
Related Texas Agency Questions
- When a Texas broker receives an earnest money deposit but the buyer's and seller's contracts specify different escrow agents, the broker should:
- Under Texas law, a sales agent who acts WITHOUT a written buyer representation agreement is presumed to represent:
- When a Texas broker acts as an intermediary, they may NOT:
- A Texas buyer's agent has a fiduciary duty of loyalty to their buyer-client. This duty means the agent must:
- Under TREC rules, a Texas broker is required to keep copies of all signed listing agreements for at least:
- Texas real estate agency relationships can be terminated by all of the following EXCEPT:
- Which Texas TREC form is used to disclose agency relationships to consumers?
- Under Texas law, a broker who acts as an intermediary and appoints associates to work with the parties must:
Practice More Texas Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Texas Quiz →