COLIBRI REAL ESTATE EXAM BUNDLE CERTIFICATION EVALUATION TESTED
QUESTIONS FULL SOLUTION GUIDE
Colibri REAL Estate EXAM Bundle 2026/2027
Questions and Answers Verified Solutions Latest
Update
Question:
net lease.
Answer:
buyer pays rent and other expenses
Question:
gross lease.
Answer:
buyer pays only rent
Question:
goes to heirs.
Answer:
Tenants in common, 2 of 3 people die. Who gets the property of those who died?
Question:
Tenant owns it in severality.
Answer:
Joint Tenancy, 3 of 4 people die. Who gets property of those who died?
Question:
Client.
,Answer:
Another word for principal
Question:
race, nat. origin, sex, color, religion, disability, familial status.
Answer:
Protected by Fair Housing Act
Question:
marital status.
Answer:
Not protected by Fair Housing Act
Question:
Blockbusting.
Answer:
telling homeowners that property values will be declining because of ethical/racial makeup is
changing
Question:
flat, paved parking lot.
Answer:
real estate put to its highest use
Question:
puffing.
Answer:
, "This is the most prestigious street in town"
Question:
$5,000.
Answer:
maximum fine for first offense
Question:
name and broker.
Answer:
an individual advertisement needs.
Question:
statement that they are licensed.
Answer:
a brokerage advertisement needs.
Question:
48 hours.
Answer:
if listing is submitted to MLS, must notify customer within.
Question:
at their next meeting.
Answer:
Licensee must deliver Consumer Info Statement when.
QUESTIONS FULL SOLUTION GUIDE
Colibri REAL Estate EXAM Bundle 2026/2027
Questions and Answers Verified Solutions Latest
Update
Question:
net lease.
Answer:
buyer pays rent and other expenses
Question:
gross lease.
Answer:
buyer pays only rent
Question:
goes to heirs.
Answer:
Tenants in common, 2 of 3 people die. Who gets the property of those who died?
Question:
Tenant owns it in severality.
Answer:
Joint Tenancy, 3 of 4 people die. Who gets property of those who died?
Question:
Client.
,Answer:
Another word for principal
Question:
race, nat. origin, sex, color, religion, disability, familial status.
Answer:
Protected by Fair Housing Act
Question:
marital status.
Answer:
Not protected by Fair Housing Act
Question:
Blockbusting.
Answer:
telling homeowners that property values will be declining because of ethical/racial makeup is
changing
Question:
flat, paved parking lot.
Answer:
real estate put to its highest use
Question:
puffing.
Answer:
, "This is the most prestigious street in town"
Question:
$5,000.
Answer:
maximum fine for first offense
Question:
name and broker.
Answer:
an individual advertisement needs.
Question:
statement that they are licensed.
Answer:
a brokerage advertisement needs.
Question:
48 hours.
Answer:
if listing is submitted to MLS, must notify customer within.
Question:
at their next meeting.
Answer:
Licensee must deliver Consumer Info Statement when.
