TREBS EXAM 3 questions with verified answers
__________ is the chance of something going wrong and the danger
that injury, damage, or loss will occur.
A. Material fact
B. Real estate
C. Risk
D. Office manual Ans✓✓✓ C. Risk
A broker with a buyer's representation agreement in place is more
likely to show all properties that meet the needs of the buyer. The
properties could include:
A. For Sale by Owner (FISBOs)
B. Foreclosures
C. Property not yet on the market
D. All of the above Ans✓✓✓ D. All of the above
A defect that is known to the seller and hidden from the buyer is a:
A. Material defect
B. Zoning defect
C. Intermediary defect
,D. Latent defect. Ans✓✓✓ D. Latent defect
A listing broker is not required to:
A. Maintain a fixed office address
B. Use Information About Brokerage Services
C. Allow subagency
D. Have a license issued by TREC Ans✓✓✓ C. Allow subagency
A person not represented by a broker, but to whom the broker owes
honesty is:
A. A client
B. An agent
C. A customer
D. A buyer client Ans✓✓✓ C. A customer
A seller's broker may not tell confidential information to a buyer unless
the seller has given him permission to do so. How must this infromation
be communicated?
A. This information should be oral.
B. This information should be given on the phone.
C. This information should be in writing.
, D. The broker may not tell anything to the buyer. Ans✓✓✓ C. This
information should be in writing.
A stigma that has no physical effect on the property is a:
A. Psychological stigma
B. Physical stigma
C. Residential stigma
D. None of the above Ans✓✓✓ A. Psychological stigma
After the agency relationship has been established, the broker is the
agent of the _________, and the sponsored salesperson is the agent of
the ________.
A. Buyer ----- tenant
B. Broker ----- client
C. Client ----- broker
D. None of the above. Ans✓✓✓ C. Client ----- broker
All parties to the transaction must be treated honestly and fairly, but a
fiduciary relationship is owed to:
A. The customer
__________ is the chance of something going wrong and the danger
that injury, damage, or loss will occur.
A. Material fact
B. Real estate
C. Risk
D. Office manual Ans✓✓✓ C. Risk
A broker with a buyer's representation agreement in place is more
likely to show all properties that meet the needs of the buyer. The
properties could include:
A. For Sale by Owner (FISBOs)
B. Foreclosures
C. Property not yet on the market
D. All of the above Ans✓✓✓ D. All of the above
A defect that is known to the seller and hidden from the buyer is a:
A. Material defect
B. Zoning defect
C. Intermediary defect
,D. Latent defect. Ans✓✓✓ D. Latent defect
A listing broker is not required to:
A. Maintain a fixed office address
B. Use Information About Brokerage Services
C. Allow subagency
D. Have a license issued by TREC Ans✓✓✓ C. Allow subagency
A person not represented by a broker, but to whom the broker owes
honesty is:
A. A client
B. An agent
C. A customer
D. A buyer client Ans✓✓✓ C. A customer
A seller's broker may not tell confidential information to a buyer unless
the seller has given him permission to do so. How must this infromation
be communicated?
A. This information should be oral.
B. This information should be given on the phone.
C. This information should be in writing.
, D. The broker may not tell anything to the buyer. Ans✓✓✓ C. This
information should be in writing.
A stigma that has no physical effect on the property is a:
A. Psychological stigma
B. Physical stigma
C. Residential stigma
D. None of the above Ans✓✓✓ A. Psychological stigma
After the agency relationship has been established, the broker is the
agent of the _________, and the sponsored salesperson is the agent of
the ________.
A. Buyer ----- tenant
B. Broker ----- client
C. Client ----- broker
D. None of the above. Ans✓✓✓ C. Client ----- broker
All parties to the transaction must be treated honestly and fairly, but a
fiduciary relationship is owed to:
A. The customer
