1|Page
LAW OF AGENCY CHAMPIONS Exam
2025; Brand New Actual Exam With
correct Answers.
_______ means that, if a single agent in the firm is working with both
buyer and seller, another agent in the firm needs to be brought into the
transaction so appointment can be made. - Correct-answer-
Intermediary with appointments only
Confidential information between client and agent is: - Correct-answer-
Kept confidential forever
data used for a CMA should be no older than: - Correct-answer-6
months
, 2|Page
disclosure of representation may be: - Correct-answer-either oral or
written
fiduciaries are: - Correct-answer-Held to the highest degree of good
faith, Required to exclude selfish interest, Require to make disclosures
of all relevant facts
for a broker to act as an intermediary there must be: - Correct-answer-
written consent
In Texas, Worker's Compensation must be paid for real estate agents by
brokers: - Correct-answer-false
It is always a good idea to have: - Correct-answer-The seller fill out the
Seller's Disclosure Notice
listings are the property of the: - Correct-answer-broker
LAW OF AGENCY CHAMPIONS Exam
2025; Brand New Actual Exam With
correct Answers.
_______ means that, if a single agent in the firm is working with both
buyer and seller, another agent in the firm needs to be brought into the
transaction so appointment can be made. - Correct-answer-
Intermediary with appointments only
Confidential information between client and agent is: - Correct-answer-
Kept confidential forever
data used for a CMA should be no older than: - Correct-answer-6
months
, 2|Page
disclosure of representation may be: - Correct-answer-either oral or
written
fiduciaries are: - Correct-answer-Held to the highest degree of good
faith, Required to exclude selfish interest, Require to make disclosures
of all relevant facts
for a broker to act as an intermediary there must be: - Correct-answer-
written consent
In Texas, Worker's Compensation must be paid for real estate agents by
brokers: - Correct-answer-false
It is always a good idea to have: - Correct-answer-The seller fill out the
Seller's Disclosure Notice
listings are the property of the: - Correct-answer-broker
