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TENNESSEE REAL ESTATE EXAMS SCRIPT QUESTIONS AND ANSWERS GUARANTEE A+ 2025/2026

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TENNESSEE REAL ESTATE EXAMS SCRIPT QUESTIONS AND ANSWERS GUARANTEE A+ 2025/2026

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TENNESSEE REAL ESTATE EXAMS SCRIPT QUESTIONS AND
ANSWERS GUARANTEE A+ 2025/2026
✔✔Should be specifically excluded in the contract since it is a fixture - ✔✔Refer to the
scenario in the figure booklet to answer this question since the Garcias wish to retain
the automatic garage door opener it

✔✔Specify questionable items of property in the written sales contract - ✔✔In the sale
of property there is often confusion over whether an item as a fixture or personal
property what is the best way to avoid this confusion

✔✔Prior Appropriation - ✔✔Although states make specific laws governing water rights
and the rights in land that borders water most states generally follow one or two basic
doctrines regarding water rights in many states the common-law doctrine of riparian and
littoral rights dictates that water rights are automatically conveyed with property in
others all water rights are controlled by the state under the doctrine of

✔✔Tenants at sufferance - ✔✔Tenants are still in their rental property even though their
lease has expired The landlord has given them written notice to quit and refused to
accept rent they are

✔✔He is no longer the listing agent - ✔✔The day after a broker's listing on a house
expired it was listed with another broker and offered in the MLS several days later a
third licensee called the first broker and asked for the key to show the home the broker
should inform the caller that

✔✔The party or parties employing the broker - ✔✔To what party or parties does the
broker owe the Fiduciary duty of care

✔✔An agent to the broker and a subagent to the principal - ✔✔A salesperson lists a
property with a contract that allows for subagency and dual agency the salesperson is

✔✔A management agreement - ✔✔An agency relationship between a property owner
and a property manager is usually created by

✔✔Agency coupled with an interest - ✔✔A broker supplies the financing for a project to
build condominiums with the stipulation that he has the exclusive right to sell the
completed condos which of the following best describes this relationship

✔✔Property owner's death - ✔✔Which of the following events would automatically
cancel a listing agreement

✔✔Loyalty - ✔✔A licensee has entered into a dual agency agreement in this situation it
is critical that all parties understand that it is impossible for the licensee to fully perform
for either party the traditional common law agency duty of

, ✔✔A listing agreement - ✔✔Which of the following real estate contracts is a service
contract

✔✔Disclosing the highest price the buyer is willing to pay - ✔✔A real estate salesperson
is representing only the buyer in a transaction which of the following actions would be a
violation of the salesperson's agency duties to the client

✔✔The buyer finds a better property for better terms - ✔✔Even after an offer has been
accepted and is binding the buyer and seller may still choose to sign mutual release
papers rather than proceed to closing which of the following circumstances would not
give either party a justifiable reason to insist on a mutual release

✔✔Broker's representing the principal - ✔✔The real estate agency relationship is best
described as the

✔✔She should advise the buyer to retain the services of an inspector to determine the
integrity of the roof - ✔✔The listing broker is showing a home to a buyer whom she is
not representing the buyer ask about the condition of the roof how should the broker
respond

✔✔A suicide that occurred in the house last year - ✔✔State laws differ on whether a
buyer is entitled to know about

✔✔A place to list repairs who will pay and when repairs are to be completed - ✔✔A
broker is developing a checklist to be used by licensees during the time period between
writing a contract and closing which of the following items should be included in the
property inspections section

✔✔As disclosed in the contract that offers the warranty - ✔✔What is the duration of a
home warranty's coverage

✔✔Require the buyer to acknowledge disclosure of the presence of any known lead
paint - ✔✔The department of housing and urban development estimates that most
private homes built before 1978 contain potentially dangerous levels of lead because of
this some federal agencies such as FHA

✔✔The owner is disclosing known latent defects - ✔✔A seller's statement in a property
disclosure document means

✔✔Instruct The salesperson to request the owner to have the siding re-inspected -
✔✔In the property condition disclosure form under Asbestos a broker reviewing a sales
associates listing sees that the property owner reported that the asbestos siding on his

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