PSI National Exam for Real Estate 544 Questions with 100% Correct Answers | Verified | Latest Update

A written agreement in which a purchaser agrees to buy and a seller agrees to sell is called - ️️a contract Antitrust laws prohibit competing brokers from all of the following - ️️1. boycotting other brokers in the marketplace. 2. dividing the market to restrict competition. 3. agreeing to set sales commissions and management rates. When a sewer line is installed down a rural road, the cost will probably be shared by - ️️all current owners of real estate fronting on that road State laws differ on whether a buyer is entitled to know about - ️️a suicide that occurred in the house last year. A lawsuit for inverse condemnation may be brought by - ️️a homeowner When is racial discrimination in the rental of rooms or apartments permitted? - ️️Under no circumstances The real estate broker who is listing a house for sale should personally verify - ️️the number of square feet in the building Real property can be converted to personal property by - ️️Severance Prospective buyers made an offer on a property. The seller did NOT accept, but made a counteroffer. The