Loading…
EAA PrepStudyingSQE
Switch exam
EAA qualifying examinations
SQESalespersons Qualifying Examination✓EAQEEstate Agents Qualifying ExaminationWhich of the following statements about agency types in the prescribed forms are correct? (i) A vendor's agreement (Form 3) must state whether the agency is exclusive or non-exclusive. (ii) The agreement must state whether it is single, dual or potentially dual agency. (iii) A non-exclusive vendor can still owe commission to an agent who introduces the eventual purchaser. (iv) An exclusive agreement prevents the vendor from talking to any buyer directly.
Answer: (i), (ii) and (iii) only. (i) True. Clause 1 of Form 3 (and of Form 5 for landlords) appoints the agent as exclusive or non-exclusive agent; the purchaser and tenant forms have no such choice. (ii) True. The relationship must be stated as single, dual or potentially dual. (iii) True. A non-exclusive agent who brings about the binding agreement during the validity period earns commission. (iv) False. Exclusivity affects commission liability; it does not legally stop the vendor speaking to buyers. Rule: The prescribed forms record whether agency is exclusive and whether it is single, dual or potentially dual, with corresponding commission and disclosure consequences. Source: Practice Regulation (Cap. 511C), Forms 3 to 6; as at Oct 2026
Overstating what exclusivity forbids.
Practise more EAQE Estate agency agreements and prescribed forms questions
Exam-style questions with worked answers, then full timed mocks. Free to start.
Build a daily practice habit : a few exam-style questions a day, with worked answers. Free to start.
Start practising →An original question written to the published EAQE syllabus. Figures in the explanation carry their effective dates; check them against the current law before relying on them. Independent exam practice. Not affiliated with or endorsed by the Estate Agents Authority (EAA) or the examination administrator.