Questions And All Correct Answers
2025.
6 things a licensee cannot do without a written buyer agency agreement - Answer 1) Ask the
buyer to disclose confidential information
2) Express an opinion or give advice about particular real esate
3) Physically show the buyer an in-house listing
4) Physically show the buyer a property listed with anither firm
5) discuss an offer with the buyer
6) Engage in any verbal or written negotiations concerning purchase price, terms, or conditions
The one exception where a licensee can perform duties for a buyer without a written buyer
agency agreement - Answer The licensee is going to represent the buyer with an agency
disclosure notice stating that the licensee represents the seller
Where would you get a list of hazardous waste conditions and properties on which shooting and
hunting takes place - Answer Town clerk office
What is the name of the list in where hazardous waste conditions and properties in which
hunting takes place would be found - Answer Energy and Environmental Protection lists
How many members make up the commission? How many brokers and how many licensed
salespeople? - Answer 8 members. Three brokers and two licensed salespeople.
Who collects licensing fees and who are they deposited with? - Answer The commission
collects licensing fees and deposits them with the state treasurer to become part of the general
fund.
A licensee CAN do the following without entering into an agency relationship - Answer 1) give
the buyer property information
2) give the buyer information on the licensee's firm
3) give the buyer information on mortgage rates and institutions