Real Estate U Final Exam 2023/2024 with 100% correct answers

The Department of State's ability to enforce license laws through reprimand and denial as well as the suspension and revocation of licenses is known as...? - correct answer Administrative Discipline To mingle or mix funds is known as what...? - correct answer Commingling Chris is a real estate broker involved in a residential transaction. When Chris illegally places his client's funds into his personal account, what is he engaged in...? - correct answer Commingling of Funds The post-license education required by salespersons and brokers is known as what...? - correct answer Continuing Education Conditions under which a property condition disclosure statement is not required is known as a/an...? - correct answer Exemption Which of the following are NOT assessed by a home inspector...? - correct answer Air Rights A card issued by the Department of State to each licensee is known as a...? - correct answer Pocket Card Any person who, for a fee, arranges, conducts, coordinates, handles or causes meetings between a customer and the current owner or occupant of legally occupied real property, including apartment housing, who wishes to share that housing with one or more individuals is known as a/an...? - correct answer Apartment Sharing Agent A licensed real estate broker that holds the license of a salesperson is known as what...? - correct answer Sponsor The discontinuance of an