Final Exam Study Guide Questions and
Answers (Solved Papers)
Which of this is an advantage of investing in a single-family
home? - Correct Answers ✅The market for single-family
investment homes will not be inundated with competitive
rentals.
Which of the following is an advantage of investing in a two-
to-four unit dwelling? - Correct Answers ✅Tenants often
pay for their own utilities and repairs.
Can investor take depreciation tax deductions with their
vacation homes? - Correct Answers ✅Yes, if they live in the
home 14 days or less a year
How many months of property taxes does a buyer need to
pay in advance? - Correct Answers ✅3
Which protected classes were added by the Fair Housing
Amendments Act in 1988? - Correct Answers ✅Handicap
and familiar status
What tactic do negotiators use to pretend that an issue of
little or no importance is very important to them and then,
later in the negotiation, the issue can be traded for a major
concession of actual importance? - Correct Answers
✅Bogey
, Alabama Real Estate Post License Course
Final Exam Study Guide Questions and
Answers (Solved Papers)
The CAN-SPAM Act prohibits sending unwanted "commercial
e-mail messages" to wireless devices without - Correct
Answers ✅Express Prior Authorization
The final step a licensee will take when preparing a CMA is -
Correct Answers ✅Establishing a price
As a courtesy, a licensee should schedule appointments and
showings - Correct Answers ✅as far as in advance as
possible.
What do you call a person who obtains information, advice, or
services concerning real estate from a real estate licensee? -
Correct Answers ✅Consumer
The most common addendum in a sales contract is the
seller's property condition disclosure, and the most common
contingency is - Correct Answers ✅Financing
What type of database segmentation system is designed to
collect, store, and retrieve industry-specific functional data? -
Correct Answers ✅Application Areas
What does an official Alabama Wood Infestation Inspection
report determine? - Correct Answers ✅The visible presence