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Exam (elaborations)

State Practice Exam- 3 (Bob Brooks) Questions and Answers 100% Correct

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An unlicensed property manager may do all of the following EXCEPT: a. Manage real estate b. Supervise maintenance c. Collect rent d. Sell time shares -ANSWER_ d. Sell time shares The person who engages the services of a broker and whose interests are protected by the loyalties imposed by the relationship is a(n): a. Customer b. Client c. Salesperson d. Attorney -ANSWER_ b. Client Advertisements shall NOT be made by a licensee with only which of the following? a. Telephone number b. P.O. Box number c. Street address d. All of the above -ANSWER_ d. All of the above The following is NOT included concerning the definition of a seller's OR a buyer's agent: Preliminary conversation or "small talk" concerning price range, location, and property styles. True False -ANSWER_ True The listing agent is only responsible for presenting offers to the seller that meet or exceed the asking price. True False -ANSWER_ False

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