NSAR SALESPERSON LICENSING
COURSE 2025 QUESTIONS WITH
COMPLETE SOLUTIONS!!
Agent
, Don't know?
2 of 262
Definition
Real estate typically refers solely to tangible aspects of property,
while real property includes both tangible (land and improvement)
and intangible (rights). Property is further viewed as either:
-real (immovable)
-personal (movable)
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Real Estate vs. Real Property False and Misleading Advertising
REALTORs under the Code are
Real Estate Trading Act
committed to:
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3 of 262
Definition
A document prepared by a surveyor to certify the location of
improvements or buildings relative to the boundaries of the parcel
of land.
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Surveyor's Location Certificate The Land Registration System
Land Description Land Use Bylaw
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4 of 262
Definition
an estimate of value arising from many sales (market prices)
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intrinsic value (value based on market value (aka value in
personal worth) exchange)
book value (value based on liquidation value (value when selling
accounting principles) assets quickly)
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5 of 262
Definition
A specific form of advertising that was traditionally categorized (i.e
classified) under separate product and service sections in
, newspapers. The meaning has gradually expanded to include any
specific product or service regardless of the media used.
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Material Latent Defect Classified Advertising
Designated Agent Associate broker license
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6 of 262
Definition
Services that do not require the exercising of discretion or
judgement, giving confidential advice or advocating on behalf of
either the buyer or the seller
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Facilitation Services Professional Conduct
Customer Client
Don't know?
COURSE 2025 QUESTIONS WITH
COMPLETE SOLUTIONS!!
Agent
, Don't know?
2 of 262
Definition
Real estate typically refers solely to tangible aspects of property,
while real property includes both tangible (land and improvement)
and intangible (rights). Property is further viewed as either:
-real (immovable)
-personal (movable)
Give this one a try later!
Real Estate vs. Real Property False and Misleading Advertising
REALTORs under the Code are
Real Estate Trading Act
committed to:
Don't know?
3 of 262
Definition
A document prepared by a surveyor to certify the location of
improvements or buildings relative to the boundaries of the parcel
of land.
,Give this one a try later!
Surveyor's Location Certificate The Land Registration System
Land Description Land Use Bylaw
Don't know?
4 of 262
Definition
an estimate of value arising from many sales (market prices)
Give this one a try later!
intrinsic value (value based on market value (aka value in
personal worth) exchange)
book value (value based on liquidation value (value when selling
accounting principles) assets quickly)
Don't know?
5 of 262
Definition
A specific form of advertising that was traditionally categorized (i.e
classified) under separate product and service sections in
, newspapers. The meaning has gradually expanded to include any
specific product or service regardless of the media used.
Give this one a try later!
Material Latent Defect Classified Advertising
Designated Agent Associate broker license
Don't know?
6 of 262
Definition
Services that do not require the exercising of discretion or
judgement, giving confidential advice or advocating on behalf of
either the buyer or the seller
Give this one a try later!
Facilitation Services Professional Conduct
Customer Client
Don't know?
