California Real Estate Practice Exam

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Study for the California Real Estate Exam. Engage with multiple choice questions and detailed explanations to sharpen your knowledge. Get ready to ace your real estate career!

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What type of agreement did the broker have with the owner when nothing was ever put in writing?

  1. Implicit and enforceable

  2. Explicit and valid

  3. Implied, unilateral, invalid

  4. Formal and legal

The correct answer is: Implied, unilateral, invalid

The broker's agreement with the owner in this scenario is implied, meaning it was not explicitly stated or written out. It is also unilateral, meaning only one party (the broker) made a promise or offer to the other (the owner). However, this agreement would be considered invalid as there is no evidence or proof of the terms and conditions agreed upon. Option A, B, and D are incorrect because they suggest that the agreement was either implicit or explicit, enforceable or valid, formal or legal, which are not accurate descriptions of an agreement with no written documentation.

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