TREES REAL ESTATE ACTUAL
EXAMINATION 2026 QUESTIONS WITH
SOLUTIONS GRADED A+
⩥ A listing broker is usually. Answer: A special agent
⩥ The written agreement between the broker and the licensee describing
the obligations and responsibilities of the relationship is called. Answer:
Independent contractor agreement
⩥ A property manager is usually. Answer: A general agent
⩥ A facilitator is. Answer: Not an agent or advocate for either party
⩥ Bob Green, a licensee with Edwards Realty, is working with a buyer
and the purchase of a home listed with another real estate firm. Bob and
the buyer have not entered into a written designated agency agreement.
What is Bob. Answer: Bob is a facilitator
⩥ A net listing is. Answer: Illegal
⩥ Affiliate broker Jamie has listed Lucy's house and has a signed
exclusive right to sell listing agreement. A potential buyer, Shirley, talk
,to Janie about purchasing a home. Lucy's house meets Shirley's
requirements and Janie shows Lucy's house to Shirley. And this showing
Janie is a. Answer: A seller's agent working with an unrepresented buyer
⩥ You are an affiliate broker who has listed a property for a neighbor.
You have an exclusive right to sell listing agreement. Which best
describes your relationship with the seller?. Answer: The seller is your
client
⩥ Anti-trust laws prohibit. Answer: Price fixing
⩥ A sales person with Ajax Reality desires to sell a property without
including the firms name in the advertisement. This is allowed when.
Answer: The sales person actually owns the property and sells it as for
sale by owner
⩥ Which of the following is not a duty of an agent to a client?. Answer:
Duty to obey all instructions
⩥ A broker may share a commission with all of the following except.
Answer: The sales person under contract with another broker
⩥ A single agent is. Answer: A broker representing either a buyer or a
seller, but not both in the same transaction.
,⩥ Which of the following statements does not correctly describes
fiduciary. Answer: A fiduciary is a neutral third-party
⩥ A listing giving the firm the right to a commission regardless to who
finds the buyer for the property is a. Answer: Exclusive right to sell
listing agreement
⩥ An affiliate broker is allowed to represent both the seller and the buyer
in the same transaction when. Answer: If both parties are informed and
have written consent to the broker
⩥ Laws designed to preserve the free enterprise of the open market place
by preventing illegal conspiracy in combinations are what. Answer:
Anti-trust laws
⩥ Why do real estate sales contracts have to be in writing and signed to
be enforceable?. Answer: The statute of frauds
⩥ Lease also, to be enforceable, must be in writing if. Answer: The lease
is up for a period greater than a year
⩥ A broker presents his seller with a written offer to purchase. The
broker is responsible for what. Answer: Explaining the advantages and
disadvantage is of the offer to the seller
, ⩥ A broker must place earnest money in his. Answer: Trust account
⩥ Mr. Tom Hollis and wife, Robbie Hollis, sellers, except an offer. They
pass which type of title to the buyer?. Answer: Equitable title
⩥ To be valid a contract must have all the following elements except.
Answer: Earnest money
⩥ A licensee must submit to the seller. Answer: Every written offer
⩥ A drunk sign is a real estate contract to purchase a shopping center.
You question his ability to sign such an agreement but go ahead and
submit the offer to the seller who accepts. Which of the following is
most correct?. Answer: The vendee May be released if he can prove his
incapacity
⩥ You have just given an option to buy your house to your neighbor.
Which of the following statements does not correctly describe your
agreement. Answer: You will have to return the option fee to your friend
if he does not buy the property
⩥ An installed chandelier would be best described as what. Answer:
Real property
⩥ A real estate contract is what. Answer: Bilateral and executory
EXAMINATION 2026 QUESTIONS WITH
SOLUTIONS GRADED A+
⩥ A listing broker is usually. Answer: A special agent
⩥ The written agreement between the broker and the licensee describing
the obligations and responsibilities of the relationship is called. Answer:
Independent contractor agreement
⩥ A property manager is usually. Answer: A general agent
⩥ A facilitator is. Answer: Not an agent or advocate for either party
⩥ Bob Green, a licensee with Edwards Realty, is working with a buyer
and the purchase of a home listed with another real estate firm. Bob and
the buyer have not entered into a written designated agency agreement.
What is Bob. Answer: Bob is a facilitator
⩥ A net listing is. Answer: Illegal
⩥ Affiliate broker Jamie has listed Lucy's house and has a signed
exclusive right to sell listing agreement. A potential buyer, Shirley, talk
,to Janie about purchasing a home. Lucy's house meets Shirley's
requirements and Janie shows Lucy's house to Shirley. And this showing
Janie is a. Answer: A seller's agent working with an unrepresented buyer
⩥ You are an affiliate broker who has listed a property for a neighbor.
You have an exclusive right to sell listing agreement. Which best
describes your relationship with the seller?. Answer: The seller is your
client
⩥ Anti-trust laws prohibit. Answer: Price fixing
⩥ A sales person with Ajax Reality desires to sell a property without
including the firms name in the advertisement. This is allowed when.
Answer: The sales person actually owns the property and sells it as for
sale by owner
⩥ Which of the following is not a duty of an agent to a client?. Answer:
Duty to obey all instructions
⩥ A broker may share a commission with all of the following except.
Answer: The sales person under contract with another broker
⩥ A single agent is. Answer: A broker representing either a buyer or a
seller, but not both in the same transaction.
,⩥ Which of the following statements does not correctly describes
fiduciary. Answer: A fiduciary is a neutral third-party
⩥ A listing giving the firm the right to a commission regardless to who
finds the buyer for the property is a. Answer: Exclusive right to sell
listing agreement
⩥ An affiliate broker is allowed to represent both the seller and the buyer
in the same transaction when. Answer: If both parties are informed and
have written consent to the broker
⩥ Laws designed to preserve the free enterprise of the open market place
by preventing illegal conspiracy in combinations are what. Answer:
Anti-trust laws
⩥ Why do real estate sales contracts have to be in writing and signed to
be enforceable?. Answer: The statute of frauds
⩥ Lease also, to be enforceable, must be in writing if. Answer: The lease
is up for a period greater than a year
⩥ A broker presents his seller with a written offer to purchase. The
broker is responsible for what. Answer: Explaining the advantages and
disadvantage is of the offer to the seller
, ⩥ A broker must place earnest money in his. Answer: Trust account
⩥ Mr. Tom Hollis and wife, Robbie Hollis, sellers, except an offer. They
pass which type of title to the buyer?. Answer: Equitable title
⩥ To be valid a contract must have all the following elements except.
Answer: Earnest money
⩥ A licensee must submit to the seller. Answer: Every written offer
⩥ A drunk sign is a real estate contract to purchase a shopping center.
You question his ability to sign such an agreement but go ahead and
submit the offer to the seller who accepts. Which of the following is
most correct?. Answer: The vendee May be released if he can prove his
incapacity
⩥ You have just given an option to buy your house to your neighbor.
Which of the following statements does not correctly describe your
agreement. Answer: You will have to return the option fee to your friend
if he does not buy the property
⩥ An installed chandelier would be best described as what. Answer:
Real property
⩥ A real estate contract is what. Answer: Bilateral and executory
