Real Estate Learning Group Final Test | 170 Questions with 100% Correct Answers | Verified | Latest Update 2024

An independent contractor is: - A licensee operating a "business within a business" and not required to work 40 hours a week When considering which agency to join, a candidate who intends to be an independent contractor should consider the company Policy and Procedures Manual because it will address: - The agency relationship policies and practices of the company. Which of the following real estate industry organizations has a Code of Ethics that is to be followed by industry members? - REALTORS A licensee is paying a monthly fee to the company. The licensee MOST LIKELY works for a/an: - Franchise. Which of the following is NOT protected by the Equal Employment Opportunity Act? - Marital Status All of the following are real property EXCEPT: - The portable basketball hoop in the driveway Paul chops down a tree and splits it into firewood. This example of real property being changed into personal property is an illustration of: - Severance Which of the following is NOT an element of the bundle of rights of an owner of property in fee simple absolute? - The right to start a foreclosure process A fixture is considered to be: - Real property