PSI National Exam for Real Estate 2024 with 100% correct answers

A written agreement in which a purchaser agrees to buy and a seller agrees to sell is called correct answersa contract Antitrust laws prohibit competing brokers from all of the following correct answers1. 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 correct answersall current owners of real estate fronting on that road State laws differ on whether a buyer is entitled to know about correct answersa suicide that occurred in the house last year. A lawsuit for inverse condemnation may be brought by correct answersa homeowner When is racial discrimination in the rental of rooms or apartments permitted? correct answersUnder no circumstances The real estate broker who is listing a house for sale should personally verify correct answersthe number of square feet in the building Real property can be converted to personal property by correct answersSeverance Prospective buyers made an offer on a property. The seller did NOT accept, but made a counteroffer. The prospective buyers signed the counteroffer and the real estate agent delivered their acceptance to the seller.