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COLLIBRI REAL ESTATE FINAL EXAM LATEST 2026-2027 ACTUAL
EXAM WITH COMPLETE QUESTIONS AND CORRECT DETAILED
ANSWERS (100% VERIFIED ANSWERS) |ALREADY GRADED A+|
||PROFESSOR VERIFIED|| ||BRANDNEW!!!||
The Department can revoke salesperson Tobias's license if he
does which of the following actions?
A) Sells his home without using his employing broker.
B) Represents a buyer in a real estate transaction.
C) Persuades a seller to list with him in an exclusive agency
arrangement.
D) Deposits an earnest money check in his personal account. -
ANSWER-D) Deposits an earnest money check in his personal
account.
Which of the following situations is NOT a proper situation for
earnest money disbursal?
A) Seller rejects the purchase offer.
B) Buyer withdraws a purchase offer two days after acceptance.
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C) All parties to the transaction sign a written agreement allowing
the disbursal.
D) The transaction closes. - ANSWER-B) Buyer withdraws a
purchase offer two days after acceptance.
Sarah wants to sell her own home. Which statement is true?
A) She does not need a license to sell her own home.
B) Sarah must have a real estate salesperson's license.
C) She can get a temporary license from the Commission to sell
her home.
D) Sarah may sell her ;home without a license as long as she is
an attorney. - ANSWER-A) She does not need a license to sell
her own home.
Salesperson Martha has signed a brokerage engagement with
tenant Gale to find her an apartment to rent. Martha doesn't
charge her tenant clients a fee because she gets her commission
from the landlords. Martha tells one of the landlords that Gale can
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pay more rent than what the landlord is asking for. Which
statement is true?
A) It's okay that Martha told that to the landlord, since he will be
paying the commission.
B) Martha violated her duty of confidentiality to her client, Gale.
C) It was wise of Martha to disclose this information to the
landlord.
D) It's against the law for Martha to get her fee from landlords;
she should be getting it from the tenants. - ANSWER-B) Martha
violated her duty of confidentiality to her client, Gale.
Melinda lives in South Carolina. She wants to get a Georgia real
estate salesperson's license. Which of the following is NOT a
requirement for Melinda?
A) She must be at least 18 years old.
B) Melinda must furnish proof of completion of 75 hours of
approved real estate courses.
C) She must establish residency in Georgia.
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D) Melinda must take and pass the Georgia real estate exam. -
ANSWER-C) She must establish residency in Georgia.
Mike, a partner in a partnership, has a widely known reputation of
being a liar and untrustworthy. Which of the following is true?
A) Mike cannot apply for a license.
B) The Commission can deny the partnership a license based on
his bad reputation.
C) The Commission cannot deny him a license based on
reputation alone.
D) Mike can apply for a salesperson license but not a broker
license. - ANSWER-B) The Commission can deny the partnership
a license based on his bad reputation.
*The Commission may deny a license to a partnership if a partner
who owns more Thant 20% interest in the firm does not have a
good reputation for honesty, trustworthiness and integrity.
The term imputed knowledge could mean what an agent
COLLIBRI REAL ESTATE FINAL EXAM LATEST 2026-2027 ACTUAL
EXAM WITH COMPLETE QUESTIONS AND CORRECT DETAILED
ANSWERS (100% VERIFIED ANSWERS) |ALREADY GRADED A+|
||PROFESSOR VERIFIED|| ||BRANDNEW!!!||
The Department can revoke salesperson Tobias's license if he
does which of the following actions?
A) Sells his home without using his employing broker.
B) Represents a buyer in a real estate transaction.
C) Persuades a seller to list with him in an exclusive agency
arrangement.
D) Deposits an earnest money check in his personal account. -
ANSWER-D) Deposits an earnest money check in his personal
account.
Which of the following situations is NOT a proper situation for
earnest money disbursal?
A) Seller rejects the purchase offer.
B) Buyer withdraws a purchase offer two days after acceptance.
,2|Page
C) All parties to the transaction sign a written agreement allowing
the disbursal.
D) The transaction closes. - ANSWER-B) Buyer withdraws a
purchase offer two days after acceptance.
Sarah wants to sell her own home. Which statement is true?
A) She does not need a license to sell her own home.
B) Sarah must have a real estate salesperson's license.
C) She can get a temporary license from the Commission to sell
her home.
D) Sarah may sell her ;home without a license as long as she is
an attorney. - ANSWER-A) She does not need a license to sell
her own home.
Salesperson Martha has signed a brokerage engagement with
tenant Gale to find her an apartment to rent. Martha doesn't
charge her tenant clients a fee because she gets her commission
from the landlords. Martha tells one of the landlords that Gale can
,3|Page
pay more rent than what the landlord is asking for. Which
statement is true?
A) It's okay that Martha told that to the landlord, since he will be
paying the commission.
B) Martha violated her duty of confidentiality to her client, Gale.
C) It was wise of Martha to disclose this information to the
landlord.
D) It's against the law for Martha to get her fee from landlords;
she should be getting it from the tenants. - ANSWER-B) Martha
violated her duty of confidentiality to her client, Gale.
Melinda lives in South Carolina. She wants to get a Georgia real
estate salesperson's license. Which of the following is NOT a
requirement for Melinda?
A) She must be at least 18 years old.
B) Melinda must furnish proof of completion of 75 hours of
approved real estate courses.
C) She must establish residency in Georgia.
, 4|Page
D) Melinda must take and pass the Georgia real estate exam. -
ANSWER-C) She must establish residency in Georgia.
Mike, a partner in a partnership, has a widely known reputation of
being a liar and untrustworthy. Which of the following is true?
A) Mike cannot apply for a license.
B) The Commission can deny the partnership a license based on
his bad reputation.
C) The Commission cannot deny him a license based on
reputation alone.
D) Mike can apply for a salesperson license but not a broker
license. - ANSWER-B) The Commission can deny the partnership
a license based on his bad reputation.
*The Commission may deny a license to a partnership if a partner
who owns more Thant 20% interest in the firm does not have a
good reputation for honesty, trustworthiness and integrity.
The term imputed knowledge could mean what an agent
