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Exam (elaborations)

REAL ESTATE BROKER LICENSE EXAM 2026 COMPLETE EXAM QUESTIONS AND ANSWERS 100% VERIFIED A+ GRADE ASSURED!!!!! NEW LATEST UPDATE!!!!!

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REAL ESTATE BROKER LICENSE EXAM 2026 COMPLETE EXAM QUESTIONS AND ANSWERS 100% VERIFIED A+ GRADE ASSURED!!!!! NEW LATEST UPDATE!!!!!

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FINAL EXAMINATION PAPER dd dd




dd REAL ESTATE PRACTICE EXAM QUESTIONS ANSWERS
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STUDENT NAME: ________________________________
dd dd DATE: _____________
dd




COURSE: Pearson Vue Real Estate Exam dd dd dd dd dd TIME: _____________
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EXAM CODE: REAL ESTATE PRACTICE EXAM QUESTIO
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NS ANSWERS-101
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EXAM INSTRUCTIONS:dd



1. Print your full name and date clearly in the header above.
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2. This exam booklet contains both Test Questions (Part I) and Verified Solutions (Part II).
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3. Answer all multiple-choice questions clearly. Double-check your work.
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4. Do not break the seal or open this booklet until instructed to do so by the proctor.
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Q1. Under the law of agency, a broker's responsibility to the principal is?
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[Verified Solution]: Exercise Care, obedience, accounting and disclosure
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Q2. Which of the following items would have to be disclosed to prospective buyers by the listi
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ng broker?
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[Verified Solution]: A defect existing in the property being offered.
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Q3. Under a sales contract, the legal remedy that MAY be used to force the seller to consum
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mate the sale is called?
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[Verified Solution]: Specific Performance
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Q4. A homeowner who plans to travel for a year asks a real estate firm to rent the house for t
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his period and indicates a preference for a white family rather than a black family, "if at all p
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ossible." Under the Federal Fair Housing Act, the broker should inform that these instructions
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?
[Verified Solution]: Can't be followed because they violate the act
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Q5. Items permanently attached to real property are considered?
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[Verified Solution]: Fixtures dd dddd

, Q6. The income approach is most likely to be used when determining the value of an?
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[Verified Solution]: Office buildingdd dddd dd




Q7. A property manager works in the best interest of the?
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[Verified Solution]: Owner dd dddd




Q8. An agreement that restricts the use and occupancy of real estate, is part of a conveyance,
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and is binding on all subsequent buyers is called?
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[Verified Solution]: Covenant dd dddd




Q9. When a married couple takes title to a property as tenants in common, they have elected
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a form of ownership that allows for?
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[Verified Solution]: Unequal shares of Ownership
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Q10. A loan that provides for increases and decreases in the interest rate during its term is k
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nown as? dd




[Verified Solution]: An ARM, adjustable-rate mortgage
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Q11. A minority couple asks a licensee to show them a listed house. The licensee suggests that
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they look at houses in areas with larger minority populations than that of the listed house. Wh
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at is the licensee guilty of?
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[Verified Solution]: Steering dd dddd




Q12. In a real estate closing, the buyer generally pays for the?
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[Verified Solution]: recording of a new mortgage
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Q13. An illegal lending practice whereby a bank refuses to make mortgage loans in a certain
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neighborhood based on the ethnic makeup of that area is known as?
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[Verified Solution]: Red-lining dd dddd

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