Real Estate Exam Prep Questions And Answers

The STAR program provides a partial exemption to NYS homeowners for: A. school district taxes B. special assessment taxes C. county property taxes D. capital gains taxes - correct answers--school district taxes A licensee attempts to get listings by telling homeowners in a neighborhood that their property values will decline when a group of immigrants move in. The licensee could be found guilty of A. Blockbusting B. Steering C. Boycotting D. Redlining - correct answers--Blockbusting A seller client has vicarious liability for each of these EXCEPT a A. Subagent B. Broker's agent C. Listing agent D. Dual agent - correct answers--Broker's agent When a licensee is the client's designated agent, the client gives up the agent's duty A. Obedience B. Undivided loyalty C. Reasonable care D. Advocacy in negotiating - correct answers--Undivided Loyalty