Question 1 of 5 Share Facebook Twitter LinkedIn WhatsApp Email Copy Link If you comply with their request, you are A. guilty of discriminatory practices. B. fulfilling your agency responsibilities. C. implementing good risk management practices. D. serving as the property manager in addition to the agent. Submit Answer
Question 2 of 5 Share Facebook Twitter LinkedIn WhatsApp Email Copy Link Which could legally be offered to a prospective seller as an incentive to enter into a listing contract? A. $500 in cash. B. A Visa or American Express gift card. C. Payment of the premium for a home warranty. D. A bank certificate of deposit with a value of $1,000. Submit Answer
Question 3 of 5 Share Facebook Twitter LinkedIn WhatsApp Email Copy Link When a licensed affiliate broker advertises real estate services NOT for a franchise or cooperative advertising group, the advertisement must include the affiliate broker’s A. name. B. firm name. C. license number. D. telephone number. Submit Answer
Question 4 of 5 Share Facebook Twitter LinkedIn WhatsApp Email Copy Link For how long MUST a broker keep complete records of each completed real estate transaction? A. Five years from the listing date. B. Five years from the closing date. C. Three years from the listing date. D. Seven years from the closing date. Submit Answer
Question 5 of 5 Share Facebook Twitter LinkedIn WhatsApp Email Copy Link If the purchaser of a timeshare wishes to waive his or her right to rescind the purchase, which is true? A. He or she may only do so if the timeshare purchase contract includes a provision for cancellation after the first use of the timeshare property. B. He or she must wait at least 24 hours after signing the purchase contract before he can waive his right to rescind. C. He or she may only do so if the timeshare purchase is for a contract period of less than five years. D. He or she may not waive his right to rescind under any circumstances. Submit Answer