Agency
A Washington buyer's agent writes an offer on behalf of their client. The agent makes an error in the offer price (types $390,000 instead of the intended $380,000). This is a/an:
AFraud if the agent knew the client intended to offer $380,000
BMutual mistake that may allow the contract to be reformed
CUnilateral mistake by the agent that does not affect the contract✓ Correct
DValid offer at $390,000 that the client must honor
Explanation
A scrivener's error (mistake in transcribing) is a unilateral mistake. Generally, a party cannot escape a contract simply because their agent made a transcription error.
People Also Study
Related Washington Questions
- In Washington, a listing broker who believes their seller client is making a serious financial mistake by rejecting an offer should:Agency
- A buyer makes an offer on a Washington property. The seller makes a counteroffer changing the price. The buyer then makes a second counteroffer changing the closing date. At this point, which offer is on the table?Contracts
- A Washington real estate agent is asked by their buyer client to write a low offer. The agent believes the offer is too low to be taken seriously. The agent should:Agency
- A Washington seller has accepted an offer from Buyer A. Three days later, a higher offer comes in from Buyer B. The seller asks their agent to find a way to cancel the Buyer A contract. The agent should advise the seller that:Contracts
- A Washington buyer's agent tells their client that a property listed for $550,000 recently had an offer for $510,000 that the seller rejected. The buyer then offers $530,000. The agent's action in sharing the prior offer information was:Agency
- A Washington real estate licensee is asked to perform a broker's price opinion (BPO) for a client who wants to know the value of their home for estate planning. This is:Washington License Law
- A Washington seller instructs their listing agent to tell all buyers the property is listed 'as-is' to discourage repair requests. A buyer makes an offer and asks about the condition of the roof. The listing agent knows the roof leaks. The agent must:Agency
- A Washington buyer wants to include a clause in their offer saying the seller must move out within 2 days of closing. The seller counters to allow 7 days post-possession. The parties agree to 5 days post-possession. Under the contract, after closing, the seller's occupancy is governed by:Contracts
Key Terms to Know
Buyer's Agent
A real estate licensee who represents the buyer's interests in a transaction, owing fiduciary duties to the buyer.
LienA financial claim against a property that serves as security for a debt or obligation, giving the creditor the right to foreclose if unpaid.
AgencyA legal relationship in which a licensee (agent) acts on behalf of a principal (buyer or seller) in a real estate transaction.
Dual AgencyA situation where a single real estate agent or brokerage represents both the buyer and the seller in the same transaction.
Study This Topic
Practice More Washington Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Washington Quiz →