QuickHelper

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About QuickHelper

Levels Tought:
Elementary,High School,College,University,PHD

Expertise:
Accounting,Applied Sciences See all
Accounting,Applied Sciences,Business & Finance,Chemistry,Engineering,Health & Medical Hide all
Teaching Since: May 2017
Last Sign in: 352 Weeks Ago, 5 Days Ago
Questions Answered: 20103
Tutorials Posted: 20155

Education

  • MBA, PHD
    Phoniex
    Jul-2007 - Jun-2012

Experience

  • Corportae Manager
    ChevronTexaco Corporation
    Feb-2009 - Nov-2016

Category > Accounting Posted 29 May 2017 My Price 7.00

Real Estate Question:

Question description

 

A wealthy property owner Mr. Norman has executed a bilateral executory agreement to have his home sold by Century 22 also known as an exclusive right to sell listing agreement. The licensee salesperson is Ms. Smith and Ms. Smith’s employing broker at Century 22 is Mrs. Sorenstam. Mr. Norman travels constantly and during a rain storm when he is away Ms. Smith notices the roof leaking badly, Mr. Norman has no knowledge of this. The weather soon clears up and an offer is made by Mrs. Lopez, the offer is accepted and Mrs. Lopez moves in. Shortly thereafter a heavy rain storm occurs causing the roof to leak causing the floors to become slippery causingMrs. Lopez to fall suffering an injury causing loss of income pain and suffering and damage to art and rare antique furniture. Mrs. Lopez contacts the law firm formerly run by Johnny Cochran to bring a lawsuit. Because Mr. Norman is wealthy Mrs. Lopez’s lawyer targets him in the lawsuit. Can Mr. Norman be found liable?Why or why not, support your case

(This is for my Real Estate Principles Class)

Answers

QuickHelper
(10)
Status NEW Posted 29 May 2017 11:05 AM My Price 7.00

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