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30 Cards in this Set
- Front
- Back
A salesperson advertises a property
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B) the salesperson owns the property and is selling it as a for sale by owner |
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A salesperson sold a short sale property
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C) the listing broker |
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A real estate broker is usually which type of
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B) special agent |
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A listing broker has earned a commission
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B) the broker of the sales person who made the sale |
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In a real estate transaction, the listing
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A) the seller |
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Broker Tiffany is a “special agent” of
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A) represent Bob in a specific transaction |
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A broker manages a large, busy office with |
B) not permissible, because the broker |
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When a broker lists a property for sale, the
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C) advertise the seller's property |
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Jean Philips, the broker for Empty Nest
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D) when she finds a qualified buyer |
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As used in the real estate profession, the
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B) the fiduciary relationship between an agent and a principal |
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As a real estate broker, Ann has entered
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C) Ann is a neutral third- party |
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Broker Bradley appoints Alice agent, and
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A) an appointed or designated agent |
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Our modern system of agency is one of
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B) care, obedience, loyalty, disclosure, accountability, confidentiality |
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A salesperson who has just listed a home
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B) the neighbor is the client of the broker |
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During the course of a showing, the seller’s
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C) the lowest price that the seller will accept is $200,000 |
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A real estate agent has the responsibility to
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A) material facts |
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Representing both buyer and seller in a
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C) full disclosure to both seller ad buyer |
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Salesperson Sam is licensed through broker
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A) Sam is responsible to broker Brandy |
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Which of the following statements is FALSE
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C) a sub-agent has fewer fiduciary duties to the principal than the agent |
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The Federal Fair Housing Act (as amended)
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D) sexual orientation |
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The practice of trying to talk homebuyers
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C) steering |
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Which of the following statements is FALSE
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C) Perpetrators of fraud face criminal, |
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Which of the following acts would be
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A) A Brazilian advertising his house for rent to brazilians only |
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Which of the following rental practices |
C) refusing to rent a home to someone who was convicted of marijuana distribution |
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The first major civil rights legislation
a. 1826 |
B) 1866 |
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Which of the following types of disabled
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D) cancer patients |
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Dual agency is a situation where a seller
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A) dual agency is legal in all states |
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Which of the following would be classified
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A) a cracked heat exchanger in the furnace |
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The owner committed suicide inside the
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D) could be yes or no. state laws vary about disclosing facts of this nature |
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Which of the following would probably
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B) half the bulbs in the chandelier in the foyer are out |