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Practice of Real Estate questions with correct answers

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It is a violation for agent to inform buyer that seller will accept less CORRECT ANSWER false how long must a structural termite report be kept on file by the structural pest control board CORRECT ANSWER 2 years a buyer who does not have an re license may make a secret profit without violating the law CORRECT ANSWER a non licensee may buy a property and turn around and sell it for any amount he want without revealing the amount of profit to the original seller During escrow, if an unresolved dispute should arise between the seller and buyer preventing the close of escrow, the escrow holder may legally CORRECT ANSWER file an interpleader action in court national organization of African American real estate brokers CORRECT ANSWER national association of real estate brokers An ad states that non-English speaking loan applicants must pay an additional 1% fee. This is: CORRECT ANSWER violation of the holden act act of discrimination commissioner has the power to CORRECT ANSWER create regulations that have the force and effect of law


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November 9, 2023
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