2025/2026 Exam Questions and Answers
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Which of the following is a closing custom in KS - 🧠 ANSWER ✔✔Buyers
and sellers split the closing fee
KREC recently updated the Real Estate Brokerage Relationship brochure
in order to - 🧠 ANSWER ✔✔Better clarify how designated agency works
What is the most important reason for licensees to review the most recent
version of the Kansas Real Estate license Law Book - 🧠 ANSWER ✔✔It
helps them stay up-to-date on any license law changes
What are the four external forces that may affect value - 🧠 ANSWER
✔✔Physical/environmental, economic, social, political/governmental
,Which of the following statements is true regarding earnest money in
Kansas? - 🧠 ANSWER ✔✔Earnest money must be placed in an escrow
account within five business days after the contract is signed
To prepare for financing, buyers should - 🧠 ANSWER ✔✔save the down
payment amount
Before a blueprint and building specifications will receive a building permit,
the blueprint must be stamped by - 🧠 ANSWER ✔✔an architect or engineer
what type of agency exists because a written or oral agreement is in place -
🧠 ANSWER ✔✔express agency
soundproofing and decorative material, shingles, and siding may contain
what hazardous material - 🧠 ANSWER ✔✔asbestos
In kansas, is a licensee permitted to sign a listing agreement on behalf or
their supervising broker - 🧠 ANSWER ✔✔yes, the licensee is permitted to
sign the listing agreement on behalf of the supervising broker if the broker
agrees
, janine wants to meet with her potential buyer clients face-to-face in her
office. whats her reason for doing this? - 🧠 ANSWER ✔✔she wants to
make sure the buyers are serious about purchasing
Which type of buyer tends to look for a home with less pace, with a similar
or better quality of living - 🧠 ANSWER ✔✔trade-down buyer
when a prospective homebuyer isnt represented, what doesnt she have - 🧠
ANSWER ✔✔an agency agreement
The ___ of a property assumes normal market conditions, a willing buyer
and seller, and an arm's length transaction. - 🧠 ANSWER ✔✔Market value
When using the farming approach, diversity is a key factor when identifying
a neighborhood. Which statement best describes diversity? - 🧠 ANSWER
✔✔An area with a variety or home styles, sizes, features, price points,
amenities, buyers, etc.
Which of these is a vertical component used in wall framing - 🧠 ANSWER
✔✔Stud
__ are certified energy-efficient homes that have met specific qualifications.
- 🧠 ANSWER ✔✔Energy star- qualified homes
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