PIA Exam with all Correct & 100% Verified Answers |Actual
Complete Update |Already Graded A+
1. When an agent, working for a real estate
Subagent to the Seller
firm, lists a property for sale; what is the
agent's status relative to the seller?
Agent to the Seller
General Agent to the Seller
Subagent to the Seller
Implied agent to the
seller
2. If a buyer wants to see a property, listed with refer this buyer to the
a firm other than the firm that the agent sell-er and receive a
works for, refuses referral
to sign a written buyers agency agreement or agree
to fee an oral agency agreement; the real
estate agent has which of the following options
if they want to receive compensation if this
buyer purchases the property?
show the property as a implied buyer's agent
just show the property as a seller's subagent
and re-ceive the buying side of the
commission
refer this buyer to the seller and receive a referral fee
Show the property as the buyer's agent
anyway since the agent provided the buyer
agency agreement in-formation
3. How long does the Seller have to review the 3
closing disclosure under the TRID?
b
1/
85
,PIA Exam with all Correct & 100% Verified Answers |Actual
Complete Update |Already Graded A+
usiness days from receipt Zero Days
3 calendar days from
receipt
2/
85
, PIA Exam with all Correct & 100% Verified Answers |Actual
Complete Update |Already Graded A+
5 calendar days from
receipt zero days
4. Which of the following is correct regarding the formu- cost basis
plus capital im-
la for adjusted basis? provements
Amount realized minus cost basis
cost basis plus capital
improvements
cost basis minus capital improvements
amount realized plus cost basis minus capital
im-provements
The agent can never rep-
5. Which of the following is correct regarding an resent the buyer but
active agent selling their own property? could get a referral fee
for refer-
Since they are active; they are not required to disclose ring the buyer
to an agent
that they have a license C
E
An agent cannot put "no representation" on the R
RPOADS if they know of a material fact C
L
The agent can represent a buyer but only if the A
trans-action would NOT create dual agency
C
The agent can never represent the buyer
A
but could get a referral fee for referring the
M
buyer to an agent outside the agent's firm
A
6. Which Environmental Act states that
everyone in the chain of title for commercial
property is liable for haz-ardous waste?
3/
85
, PIA Exam with all Correct & 100% Verified Answers |Actual
Complete Update |Already Graded A+
outside the agent's firm
CERCLA
4/
85
Complete Update |Already Graded A+
1. When an agent, working for a real estate
Subagent to the Seller
firm, lists a property for sale; what is the
agent's status relative to the seller?
Agent to the Seller
General Agent to the Seller
Subagent to the Seller
Implied agent to the
seller
2. If a buyer wants to see a property, listed with refer this buyer to the
a firm other than the firm that the agent sell-er and receive a
works for, refuses referral
to sign a written buyers agency agreement or agree
to fee an oral agency agreement; the real
estate agent has which of the following options
if they want to receive compensation if this
buyer purchases the property?
show the property as a implied buyer's agent
just show the property as a seller's subagent
and re-ceive the buying side of the
commission
refer this buyer to the seller and receive a referral fee
Show the property as the buyer's agent
anyway since the agent provided the buyer
agency agreement in-formation
3. How long does the Seller have to review the 3
closing disclosure under the TRID?
b
1/
85
,PIA Exam with all Correct & 100% Verified Answers |Actual
Complete Update |Already Graded A+
usiness days from receipt Zero Days
3 calendar days from
receipt
2/
85
, PIA Exam with all Correct & 100% Verified Answers |Actual
Complete Update |Already Graded A+
5 calendar days from
receipt zero days
4. Which of the following is correct regarding the formu- cost basis
plus capital im-
la for adjusted basis? provements
Amount realized minus cost basis
cost basis plus capital
improvements
cost basis minus capital improvements
amount realized plus cost basis minus capital
im-provements
The agent can never rep-
5. Which of the following is correct regarding an resent the buyer but
active agent selling their own property? could get a referral fee
for refer-
Since they are active; they are not required to disclose ring the buyer
to an agent
that they have a license C
E
An agent cannot put "no representation" on the R
RPOADS if they know of a material fact C
L
The agent can represent a buyer but only if the A
trans-action would NOT create dual agency
C
The agent can never represent the buyer
A
but could get a referral fee for referring the
M
buyer to an agent outside the agent's firm
A
6. Which Environmental Act states that
everyone in the chain of title for commercial
property is liable for haz-ardous waste?
3/
85
, PIA Exam with all Correct & 100% Verified Answers |Actual
Complete Update |Already Graded A+
outside the agent's firm
CERCLA
4/
85
