California Real Estate Practice Exam 2025 – 400 Free Practice Questions to Pass the Exam

Question: 1 / 740

When the actions of a buyer and seller seem to indicate that the seller will pay a broker a commission for selling her house but no agreement has been discussed or signed, the type of agreement they have is a(n)?

Express agreement

Implied agreement

An express agreement is one that has been explicitly stated and agreed upon by both parties, while a written agreement is one that is recorded in writing. These two options are incorrect because there has been no discussion or documentation of an agreement in this scenario. Similarly, a non-existent agreement is incorrect because there is a clear indication of an agreement through the actions of the buyer and seller, even without a formal discussion or signing. An implied agreement, on the other hand, is an agreement that is suggested or inferred from the circumstances and behavior of the parties involved. In this scenario, the buyer and seller's actions indicate an agreement to pay a broker's commission, even though they have not explicitly discussed or signed any agreement. Therefore, the correct answer is B Implied agreement.

Get further explanation with Examzify DeepDiveBeta

Written agreement

Non-existent agreement

Next Question

Report this question

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy