Real Estate Salesperson License Exam (General Structure)

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Roland, a broker, arranges a sale and opens escrow. Before escrow closes, his license is revoked by the California Bureau of Real Estate (CalBRE). What happens to Roland’s commission?

Roland’s commission goes to the Real Estate Education Research and Recovery Fund The seller does not have to pay any commission. The commission is split between the buyer and seller. Roland gets his commission

Correct Answer:

Roland gets his commission

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