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POST 301 BROKER RELATIONSHIPS AND RESPONSIBILITIES COMPREHENSIVE EXAMINATION TEST 2026 FULL QUESTIONS CORRECT SOLUTIONS

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POST 301 BROKER RELATIONSHIPS AND RESPONSIBILITIES COMPREHENSIVE EXAMINATION TEST 2026 FULL QUESTIONS CORRECT SOLUTIONS

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POST 301 BROKER RELATIONSHIPS AND
RESPONSIBILITIES COMPREHENSIVE
EXAMINATION TEST 2026 FULL QUESTIONS
CORRECT SOLUTIONS

◉ Sellers of all of the following types of transfers or types of
properties are exempt from completing the Residential Property and
Owners' Association Disclosure Statement (RPOADS) but not exempt
from completing the Mineral and Oil and Gas Rights Disclosure
Statement EXCEPT
A)
relocation company owned properties.
B)
first sale of a dwelling never inhabited.
C)
lease with the option to purchase contracts where the lessee
occupies or intends to occupy the dwelling.
D)
transfers between parties when both parties agree not to complete a
RPOADS.
Answer: A)
relocation company owned properties.

,Transactions that are exempt from providing the MOG disclosure are
the same as those exemptions for the RPOADS excluding transfers
involving the first sale of a dwelling never inhabited; lease with the
option to purchase contracts where the lessee occupies or intends to
occupy the dwelling; transfers between parties when both parties
agree not to complete a RPOADS.


◉ Maria owns a single-family home built in 1972 that has two
master suites and two additional bedrooms. Maria was considering
selling and moving to a smaller house since all the children have
moved out. She wants to find a roommate and will rent out the
second master suite. Which of the following statements is TRUE
regarding lead-based paint disclosure?
A)
Maria does not need to provide the lessor with a lead-based paint
disclosure since rentals of individual rooms in residential dwellings
is exempt from the law.
B)
Maria does need to provide the lessor with a lead-based paint
disclosure because the house was built prior to 1979.
C)
Maria does need to provide the lessor with a lead-based paint
disclosure because the house was built prior to 1978.
D)

, Maria does not need to provide the lessor with a lead-based paint
disclosure because the property was built after 1969.
Answer: A)
Maria does not need to provide the lessor with a lead-based paint
disclosure since rentals of individual rooms in residential dwellings
is exempt from the law.


One of the exceptions to "target housing" is zero-bedroom dwellings,
defined as any residential dwelling in which the living room is not
separated from the sleeping area. This includes efficiencies, studio
apartments, dormitory housing, military barracks, and rentals of
individual rooms in residential dwellings.


◉ Additional duties of the listing agent in connection with the
Residential Property Disclosure Act include all the following EXCEPT
A)
assist the seller in assessing the property by gathering property
data.
B)
provide the seller with copies of both Residential Property and
Owners' Association Disclosure Statement and the Mineral and Oil
and Gas Rights Disclosure Statement.
C)

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