Question

Every real estate contract must reflect whom the broker __________________ by a statement over the signatures of the parities to the contract.

Answer 1

In a real estate contract, the broker's authority must be acknowledged in a statement signed by the parties involved.

Step-by-step explanation:

In a real estate contract, the broker's authority must be acknowledged in a statement signed by the parties involved in the contract.

For example, the statement may say, 'This contract acknowledges that the broker has been authorized by the parties to represent them in the transaction.'

By including this statement, it ensures that the broker's role and authority are recognized in the contract.