Question

Once an individual has been licensed by the Department of Real Estate, which of the following is considered a violation of law and/or regulation and may result in suspension or revocation of the license.

Answer 1

Answer:

all of these choices

Explanation:

Real estate commissioners consider false promise as any promise that is made without any intention of fulfilling it or carrying it out, specially if the party uses it to deceive or defraud. Usually real estate commissioners also consider gratuitous promises as false, i.e. promises that cannot be enforced or are made without any type of consideration.

Commingling of funds  means mixing your clients funds with your own money, and basically using it as if it was your own money.

In real estate, to make secret profits means that a real estate agent is making more money than their legal and fair commission. E.g. a seller's agent makes an arrangement with a buyer to offer a low price and the agent doesn't show any other offer to the client in order to force the client to sell the property at a low cost. Then the agent receives extra money for enabling that sale.