Real Estate Final Exam 150 Questions
Real #1
Estate
2026_2027
Final Exam
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150 Questions
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#1
Estate
2026_2027
Final Exam
_ Questions
150 Questions
& Answers.pdf
#1 2026_2027 _ Questions & Answers.pdf
Real Estate Final Exam 150
Questions #1 2026/2027 | Questions
& Answers
Real Estate Final Exam 150 Questions
Real #1
Estate
2026_2027
Final Exam
_ Questions
150 Questions
& Real
Answers.pdf
#1
Estate
2026_2027
Final Exam
_ Questions
150 Questions
& Answers.pdf
#1 2026_2027 _ Questions & Answers.pdf
,Real Estate Final Exam (150 Questions ) #1.pdf Real Estate Final Exam (150 Questions ) #1.pdf Real Estate Final Exam (150 Questions ) #1.pdf
A real estate licensee has a buyer agency agreement. What is the seller in this situation?
A customer.
An optionor and an optionee make a contract for an option on a commercial piece of
property. If the optionee decides to exercise his option, when must he perform?
He must exercise his option under the terms of the option contract.
When can a landlord evict a disabled blind or disabled tenant from the premises?
If the tenant has loud parties, makes too much noise, and is constantly disturbing other
tenants
Real Estate Final Exam (150 Questions ) #1.pdf Real Estate Final Exam (150 Questions ) #1.pdf Real Estate Final Exam (150 Questions ) #1.pdf
,Real Estate Final Exam (150 Questions ) #1.pdf Real Estate Final Exam (150 Questions ) #1.pdf Real Estate Final Exam (150 Questions ) #1.pdf
4. Broker Carr, with ABC Real Estate Company, listed the property with a seller. Broker Smith,
with XYZ Real Estate Company, called Broker Carr, and disclosed that he was a Buyer Agent.
Broker Smith wrote a contract with a buyer for the sale of the property. What, if any, is the
relationship between the buyer's broker, the seller and the listing broker?
There is not a relationship between the parties. Broker Carr represents the Seller and Broker
Smith represents the Buyer.
A buyer bought a property without telling the seller of his intended purpose for the
property. The contract contains no contingency clauses and it is a properly executed
contract. After the closing, the buyer is unable to obtain the zoning he needs for his
commercial project. What is the contract at this stage?
Enforceable
Real Estate Final Exam (150 Questions ) #1.pdf Real Estate Final Exam (150 Questions ) #1.pdf Real Estate Final Exam (150 Questions ) #1.pdf
, Real Estate Final Exam (150 Questions ) #1.pdf Real Estate Final Exam (150 Questions ) #1.pdf Real Estate Final Exam (150 Questions ) #1.pdf
6. The seller and the buyer finally agreed to a purchase price of $203,500 with the closing to
occur on June 15. The taxes for the year in the amount of $2,500 have not been paid by the
seller. (Taxes are paid in arrears). How much would the tax proration amount to, and how
would it appear on a full settlement statement? Base your answer on a 365 day year, and the
buyer is responsible for the day of settlement.
$1,130.14 debit the seller and credit the buyer
A seller listed his home for six months on February 26. On April 29, a buyer made an offer on
the property. The listing broker presented the offer to the seller on April 30. The seller
accepted the offer on May 1, with the closing to occur on June 15. Assuming the closing took
place on June 15, when did the listing expire?
6/15
Real Estate Final Exam (150 Questions ) #1.pdf Real Estate Final Exam (150 Questions ) #1.pdf Real Estate Final Exam (150 Questions ) #1.pdf
Real #1
Estate
2026_2027
Final Exam
_ Questions
150 Questions
& Real
Answers.pdf
#1
Estate
2026_2027
Final Exam
_ Questions
150 Questions
& Answers.pdf
#1 2026_2027 _ Questions & Answers.pdf
Real Estate Final Exam 150
Questions #1 2026/2027 | Questions
& Answers
Real Estate Final Exam 150 Questions
Real #1
Estate
2026_2027
Final Exam
_ Questions
150 Questions
& Real
Answers.pdf
#1
Estate
2026_2027
Final Exam
_ Questions
150 Questions
& Answers.pdf
#1 2026_2027 _ Questions & Answers.pdf
,Real Estate Final Exam (150 Questions ) #1.pdf Real Estate Final Exam (150 Questions ) #1.pdf Real Estate Final Exam (150 Questions ) #1.pdf
A real estate licensee has a buyer agency agreement. What is the seller in this situation?
A customer.
An optionor and an optionee make a contract for an option on a commercial piece of
property. If the optionee decides to exercise his option, when must he perform?
He must exercise his option under the terms of the option contract.
When can a landlord evict a disabled blind or disabled tenant from the premises?
If the tenant has loud parties, makes too much noise, and is constantly disturbing other
tenants
Real Estate Final Exam (150 Questions ) #1.pdf Real Estate Final Exam (150 Questions ) #1.pdf Real Estate Final Exam (150 Questions ) #1.pdf
,Real Estate Final Exam (150 Questions ) #1.pdf Real Estate Final Exam (150 Questions ) #1.pdf Real Estate Final Exam (150 Questions ) #1.pdf
4. Broker Carr, with ABC Real Estate Company, listed the property with a seller. Broker Smith,
with XYZ Real Estate Company, called Broker Carr, and disclosed that he was a Buyer Agent.
Broker Smith wrote a contract with a buyer for the sale of the property. What, if any, is the
relationship between the buyer's broker, the seller and the listing broker?
There is not a relationship between the parties. Broker Carr represents the Seller and Broker
Smith represents the Buyer.
A buyer bought a property without telling the seller of his intended purpose for the
property. The contract contains no contingency clauses and it is a properly executed
contract. After the closing, the buyer is unable to obtain the zoning he needs for his
commercial project. What is the contract at this stage?
Enforceable
Real Estate Final Exam (150 Questions ) #1.pdf Real Estate Final Exam (150 Questions ) #1.pdf Real Estate Final Exam (150 Questions ) #1.pdf
, Real Estate Final Exam (150 Questions ) #1.pdf Real Estate Final Exam (150 Questions ) #1.pdf Real Estate Final Exam (150 Questions ) #1.pdf
6. The seller and the buyer finally agreed to a purchase price of $203,500 with the closing to
occur on June 15. The taxes for the year in the amount of $2,500 have not been paid by the
seller. (Taxes are paid in arrears). How much would the tax proration amount to, and how
would it appear on a full settlement statement? Base your answer on a 365 day year, and the
buyer is responsible for the day of settlement.
$1,130.14 debit the seller and credit the buyer
A seller listed his home for six months on February 26. On April 29, a buyer made an offer on
the property. The listing broker presented the offer to the seller on April 30. The seller
accepted the offer on May 1, with the closing to occur on June 15. Assuming the closing took
place on June 15, when did the listing expire?
6/15
Real Estate Final Exam (150 Questions ) #1.pdf Real Estate Final Exam (150 Questions ) #1.pdf Real Estate Final Exam (150 Questions ) #1.pdf
