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Azure tide realty 45hr pratice exam Questions and Answers (100% Correct Answers) Already Graded A+

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Subido en
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Escrito en
2024/2025

Azure tide realty 45hr pratice exam Questions and Answers (100% Correct Answers) Already Graded A+Azure tide realty 45hr pratice exam Questions and Answers (100% Correct Answers) Already Graded A+

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Azure Tide Real Estate
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Azure Tide Real Estate

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Subido en
16 de junio de 2025
Número de páginas
17
Escrito en
2024/2025
Tipo
Examen
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1 Exampromax - Stuvia US 2025/2026


Azure tide realty 45hr pratice exam Questions
and Answers (100% Correct Answers) Already
Graded A+


Quiz: Which statement would you advise agent Jerome not use in his listing
advertisement due to Fair Housing Laws?⼀Answer: Within walking
distance of the Gulf of Mexico
© 2025 Assignment Expert




Quiz: Which of the following is correct about the inspection period?⼀
Exampromax - Stuvia US




Answer: The buyer may choose to walk away from the contract for any
reason.


Quiz: Someone could be heard crying for help from an apartment. Which
statement is true?⼀Answer: Because it is an emergency, the owner may
enter.


Quiz: You have just concluded a buyer presentation with Taylor. She
likes you and you helped her sister buy a house 6 months ago. She is really
excited about getting started. You put the buyer broker agreement in front
of her, but you notice she looks very worried and did not sign it right away.
You ask her if she has any questions. She immediately says, "Yes, I don't
know how I am going to pay you for helping me. A guy at work said he had
to pay his real estate agent $10,000. I only have money for the down
payment because you helped me get the 1st time home buyer program. I
guess I will have to wait until I can save up some money. Which of the
following statements cover steps number 4 & 5 of objection handling?⼀
Answer: "You don't have to worry about that because my commission is
paid by the seller at closing. Since you don't have to pay me yourself,
wouldn't it make sense to work together?"

, 2 Exampromax - Stuvia US 2025/2026

Quiz: Steering is described as what?⼀Answer: Using a protected class as
a basis to decide where to show someone property.


Quiz: A loan officer has done a brief interview with a buyer without
verifying documentation such as income. What is this called?⼀Answer:
Preapproving the buyer.


Quiz: Concept that 20% of pointed action produces 80% of results is
called what?⼀Answer: Pareto's Principle
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Quiz: Which of the following statements is true regarding license
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renewal?⼀Answer: If the licensee fails to renew the license by the first
renewal term, the licensee cannot recover it.


Quiz: You have shown your buyer's what they say is their dream home.
However, it needs some repairs. The house is a foreclosure and has been
vacant for almost a year. One bathroom is missing the toilet, the roof has a
leak, the kitchen counters are gone and a few other more minor issues. The
buyers will qualify for any loan and have more than enough to put down;
whatever is required. Which of the following is the best loan for them?⼀
Answer: 203K


Quiz: Assistance with price, advertising, providing signage, inclusion in
MLS, inclusion on websites, holding open houses, showing of the property,
use of a lockbox, presenting and managing offers, contract negotiations, and
transaction closing assistance - are all tasks that what?⼀Answer: Can be
contracted individually on a Limited Brokerage Services Addendum.


Quiz: Per the statute - when a condominium is sold, specific documents
must be provided from the seller to the buyer. The re-seller must provide the
buyer with 7 different required documents. (Not including new
requirements for possible Milestone Inspection or Structural Integrity

, 3 Exampromax - Stuvia US 2025/2026

Reserve Study documents.) Which of the following is not one of those 7
documents?⼀Answer: Board of Directors Contact Information


Quiz: October was preparing an advertisement for her seller and included
the phrase "2.9% interest available." What else does she have to include in
the advertisement?⼀Answer: The amount or percentage of the down
payment, the terms of repayment, and the annual percentage rate.


Quiz: Buyer Betty was buying a home in a flood zone and was also
securing a loan. Which is a true statement?⼀Answer: An elevation
certificate will be required in order for an insurance quote and binder to be
© 2025 Assignment Expert




provided.
Exampromax - Stuvia US




Quiz: During the inspection period, how can a buyer walk away from the
deal?⼀Answer: without penalty for any reason


Quiz: Spending 85% of your time prospecting for sellers, according to the
National Association of Realtors® will produce what percentage of buyers?
⼀Answer: 50%


Quiz: You are advertising that you will give buyers $500 of your
commission at closing. Jessica, an agent with another brokerage, calls you
and says you can NOT advertise giving buyer's money back at closing.
Under RESPA and TILA, who is right and why?⼀Answer: You are right,
because it is allowed if handled correctly and disclosed to all parties.


Quiz: The licensee may take on legal liability of an inspection by referring
the buyer or seller to a specific inspector/inspection company. To help
insulate yourself from liability you should do what?⼀Answer: Always give
the client a list of at least 3 names

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