Colibri Real Estate (Real Estate Express)
Final Exam Review 2025
Broker fJane fhas fbeen faccused fof fa flaw fviolation fregarding fcommissions. fWhich fof fthe
f following fmight fresult fin fher fbeing ffound fguilty?
A) fJane fpaid fa fcommission fto fher flicensed fpersonal fassistant.
B) fJane fpaid fa fcommission fto fthe fwife fof fone fof fher flicensees fwho fwas frecently fkilled fin
f an fauto faccident. fThe fdeceased flicensee fhad fearned fthe fcommission fprior fto fhis fdeath.
C) fJane fpaid fa fcommission fplus fa fbonus fto fone fof fher flicensees.
D) fJane fpaid fa fcommission fto fa fFlorida flicensee fwho fis fnot flicensed fin fGeorgia ffor
f licensing factivity fin fGeorgia. f- fVerified fANS f✔✔ f f- f fD) fJane fpaid fa fcommission fto fa
f Florida flicensee fwho fis fnot flicensed fin fGeorgia ffor flicensing factivity fin fGeorgia.
Any fsalesperson fcan flegally freceive fher fshare fof fthe fcommission fon fa fsale ffrom
A) fher femploying fbroker fonly.
B) fany fcooperating fbroker fwith fwhom fshe fcompletes fa fsale.
C) fa fbuilder fshe frepresents fin fa fsale
D) fthe fpurchaser fof fthe fhome fin fa fsuccessful fsale. f- fVerified fANS f✔✔ f f- f fA) fher femploying
f broker fonly.
Which fof fthe ffollowing fis fNOT fa fprotected fclass funder fGeorgia ffair fhousing flaw?
A) fSexual fpreference
B) fFamilial fstatus
C) fReligion
,D) fRace f- fVerified fANS f✔✔ f f- f fA) fSexual fpreference
Syed fis fan finactive flicensee. fHe fjust fmoved fto fa fnew fhome facross ftown. fWhat fmust fhe
f do?
A) fCall fthe fCommission fand fgive fit fhis fnew faddress.
B) fReport fthe faddress fchange fwhen fhe's fready fto freactivate fhis flicense.
C) fSend fa fwritten fnotice fto fthe fCommission fwithin f30 fdays.
D) fNotify fthe fpost foffice fto fsend fa fchange fof faddress fnotice fto fthe fCommission. f- fVerified
f ANS f✔✔ f f- f fC) fSend fa fwritten fnotice fto fthe fCommission fwithin f30 fdays.
How fmany fhours fof fcontinuing feducation fmust fa flicensee fcomplete ffor feach fyear fof
f licensure?
A) f8 fhours
B) f9 fhours
C) f5 fhours
D) f4 fhours f- fVerified fANS f✔✔ f f- f fB) f9 fhours
Glenda fis fthe foffice fmanager ffor fa flocal freal festate ffirm. fShe fis fresponsible ffor
f coordinating fthe fpaperwork fflow fthrough fthe foffice, fpreparing fads fand fsupervising fthe
f clerical fstaff. fGlenda fis
A) frequired fto fhave fa fsalesperson's flicense.
B) fviolating flicense flaw.
C) frequired fto fhave fa fbroker flicense.
D) fexempt ffrom fthe flicense flaw. f- fVerified fANS f✔✔ f f- f fD) fexempt ffrom fthe flicense flaw.
Haru fis fworking fwith fhis fbuyers fto fdraw fup fa fwritten foffer fon fa fproperty fthey fwant fto
f purchase. fWhich fof fthe ffollowing fitems fis fnot frequired fin fthe foffer?
,A) fThe fproperty fdescription
B) fThe fmortgage flender
C) fThe fmethod fof fpayment
D) fSpecial fstipulations fthe foffer frequires f- fVerified fANS f✔✔ f f- f fB) fThe fmortgage flender
Kezia fjust fbought fand fclosed fon fa fnew fhome fthat fcost f$195,000. fher fmortgage famount fis
f $165,500. fhow fmuch fis fthe fintangible frecording ftax fon fKezia's fproperty? f
A) f$585
B) f$195
C) f$165.50
D) f$496.50 f- fVerified fANS f✔✔ f f- f fD) f$496.50
*An fintangible frecording ftax fis fdue fand fpayable fon feach finstrument fsecuring fone for fmore
f long-term fnotes fat fthe frate fof f$1.50 fper feach f$500 f
$165,500 f÷ f$500 f= f331
331 fx f$1.50 f= f$496.50
Salesperson fGordon frefuse fto faccept fan foffer fto fpurchase fhis fhome ffrom fbuyer fJuan
f Valdez fof fColumbia fbecause fGordon ffeels fthe fearnest fmoney fof f$100 fis fnot fenough.
f Which fof fthe ffollowing fstatements fabout fGordon's frefusal fis fcorrect?
A) fGordon fis fin fviolation fof ffair fhousing flaw fbecause fhe fdiscriminated fon fthe fbasis fof
f national forigin.
B) fSince fGordon frefused fon fthe fbasis fof fthe fearnest fmoney, fhe fis fnot fin fviolation fof ffair
f housing flaw.
C) fGordon fis fin fviolation fof fcivil frights flaw fbecause fhe fdiscriminated fon fthe fbasis fof frace.
D) fGordon fis fguilty fof fredlining f- fVerified fANS f✔✔ f f- f fB) fSince fGordon frefused fon fthe
f basis fof fthe fearnest fmoney, fhe fis fnot fin fviolation fof ffair fhousing flaw.
, Jada fis fa fcommunity fassociation fmanager. fWhich fof fthe ffollowing fwould fbe fone fof fher
f duties?
A) fAdvising fan fowner fabout fhis flegal fliability ffor fa fvisitor's finjury fon fhis fproperty.
B) fFollowing fthe finstructions fof fall fthe fowners fin fthe fcommunity fassociation.
C) fLending f$1,000 fto fthe fcommunity fassociation.
D) fSending fa fmonthly fnewsletter fto fthe fowners. f- fVerified fANS f✔✔ f f- f fD) fSending fa
f monthly fnewsletter fto fthe fowners.
Which fof fthe ffollowing fdoes fNOT fneed fto fbe fincluded fin fa fproperty fmanagement
f agreement?
A) fA fspecific fdescription fof fthe fproperty
B) fThe fnames fof fthe fowners
C) fThe fnames fof fthe ftenants
D) fThe fterms fof fthe fmanagement ffee f- fVerified fANS f✔✔ f f- f fC) fThe fnames fof fthe ftenants
Gary fgot fhis flicense fin fMay fof f2021. fHis fbirthday fis fSeptember f28. fWhen fwill fhis flicense
f expire?
A) fMay f31, f2025
B) fSeptember f1, f2025
C) fSeptember f30, f2025
D) fMay f1, f2009 f- fVerified fANS f✔✔ f f- f fC) fSeptember f30, f2025
*Real festate flicenses fexpire fon fthe flast fday fof fthe flicensee's fbirth fmonth, fevery f4 fyears.
A fseller's fagent fmust fdisclose fany fadverse fphysical fconditions fin fthe fimmediate
f neighborhood fwithin f_______ fof fa fproperty.
A) f1 fmile
Final Exam Review 2025
Broker fJane fhas fbeen faccused fof fa flaw fviolation fregarding fcommissions. fWhich fof fthe
f following fmight fresult fin fher fbeing ffound fguilty?
A) fJane fpaid fa fcommission fto fher flicensed fpersonal fassistant.
B) fJane fpaid fa fcommission fto fthe fwife fof fone fof fher flicensees fwho fwas frecently fkilled fin
f an fauto faccident. fThe fdeceased flicensee fhad fearned fthe fcommission fprior fto fhis fdeath.
C) fJane fpaid fa fcommission fplus fa fbonus fto fone fof fher flicensees.
D) fJane fpaid fa fcommission fto fa fFlorida flicensee fwho fis fnot flicensed fin fGeorgia ffor
f licensing factivity fin fGeorgia. f- fVerified fANS f✔✔ f f- f fD) fJane fpaid fa fcommission fto fa
f Florida flicensee fwho fis fnot flicensed fin fGeorgia ffor flicensing factivity fin fGeorgia.
Any fsalesperson fcan flegally freceive fher fshare fof fthe fcommission fon fa fsale ffrom
A) fher femploying fbroker fonly.
B) fany fcooperating fbroker fwith fwhom fshe fcompletes fa fsale.
C) fa fbuilder fshe frepresents fin fa fsale
D) fthe fpurchaser fof fthe fhome fin fa fsuccessful fsale. f- fVerified fANS f✔✔ f f- f fA) fher femploying
f broker fonly.
Which fof fthe ffollowing fis fNOT fa fprotected fclass funder fGeorgia ffair fhousing flaw?
A) fSexual fpreference
B) fFamilial fstatus
C) fReligion
,D) fRace f- fVerified fANS f✔✔ f f- f fA) fSexual fpreference
Syed fis fan finactive flicensee. fHe fjust fmoved fto fa fnew fhome facross ftown. fWhat fmust fhe
f do?
A) fCall fthe fCommission fand fgive fit fhis fnew faddress.
B) fReport fthe faddress fchange fwhen fhe's fready fto freactivate fhis flicense.
C) fSend fa fwritten fnotice fto fthe fCommission fwithin f30 fdays.
D) fNotify fthe fpost foffice fto fsend fa fchange fof faddress fnotice fto fthe fCommission. f- fVerified
f ANS f✔✔ f f- f fC) fSend fa fwritten fnotice fto fthe fCommission fwithin f30 fdays.
How fmany fhours fof fcontinuing feducation fmust fa flicensee fcomplete ffor feach fyear fof
f licensure?
A) f8 fhours
B) f9 fhours
C) f5 fhours
D) f4 fhours f- fVerified fANS f✔✔ f f- f fB) f9 fhours
Glenda fis fthe foffice fmanager ffor fa flocal freal festate ffirm. fShe fis fresponsible ffor
f coordinating fthe fpaperwork fflow fthrough fthe foffice, fpreparing fads fand fsupervising fthe
f clerical fstaff. fGlenda fis
A) frequired fto fhave fa fsalesperson's flicense.
B) fviolating flicense flaw.
C) frequired fto fhave fa fbroker flicense.
D) fexempt ffrom fthe flicense flaw. f- fVerified fANS f✔✔ f f- f fD) fexempt ffrom fthe flicense flaw.
Haru fis fworking fwith fhis fbuyers fto fdraw fup fa fwritten foffer fon fa fproperty fthey fwant fto
f purchase. fWhich fof fthe ffollowing fitems fis fnot frequired fin fthe foffer?
,A) fThe fproperty fdescription
B) fThe fmortgage flender
C) fThe fmethod fof fpayment
D) fSpecial fstipulations fthe foffer frequires f- fVerified fANS f✔✔ f f- f fB) fThe fmortgage flender
Kezia fjust fbought fand fclosed fon fa fnew fhome fthat fcost f$195,000. fher fmortgage famount fis
f $165,500. fhow fmuch fis fthe fintangible frecording ftax fon fKezia's fproperty? f
A) f$585
B) f$195
C) f$165.50
D) f$496.50 f- fVerified fANS f✔✔ f f- f fD) f$496.50
*An fintangible frecording ftax fis fdue fand fpayable fon feach finstrument fsecuring fone for fmore
f long-term fnotes fat fthe frate fof f$1.50 fper feach f$500 f
$165,500 f÷ f$500 f= f331
331 fx f$1.50 f= f$496.50
Salesperson fGordon frefuse fto faccept fan foffer fto fpurchase fhis fhome ffrom fbuyer fJuan
f Valdez fof fColumbia fbecause fGordon ffeels fthe fearnest fmoney fof f$100 fis fnot fenough.
f Which fof fthe ffollowing fstatements fabout fGordon's frefusal fis fcorrect?
A) fGordon fis fin fviolation fof ffair fhousing flaw fbecause fhe fdiscriminated fon fthe fbasis fof
f national forigin.
B) fSince fGordon frefused fon fthe fbasis fof fthe fearnest fmoney, fhe fis fnot fin fviolation fof ffair
f housing flaw.
C) fGordon fis fin fviolation fof fcivil frights flaw fbecause fhe fdiscriminated fon fthe fbasis fof frace.
D) fGordon fis fguilty fof fredlining f- fVerified fANS f✔✔ f f- f fB) fSince fGordon frefused fon fthe
f basis fof fthe fearnest fmoney, fhe fis fnot fin fviolation fof ffair fhousing flaw.
, Jada fis fa fcommunity fassociation fmanager. fWhich fof fthe ffollowing fwould fbe fone fof fher
f duties?
A) fAdvising fan fowner fabout fhis flegal fliability ffor fa fvisitor's finjury fon fhis fproperty.
B) fFollowing fthe finstructions fof fall fthe fowners fin fthe fcommunity fassociation.
C) fLending f$1,000 fto fthe fcommunity fassociation.
D) fSending fa fmonthly fnewsletter fto fthe fowners. f- fVerified fANS f✔✔ f f- f fD) fSending fa
f monthly fnewsletter fto fthe fowners.
Which fof fthe ffollowing fdoes fNOT fneed fto fbe fincluded fin fa fproperty fmanagement
f agreement?
A) fA fspecific fdescription fof fthe fproperty
B) fThe fnames fof fthe fowners
C) fThe fnames fof fthe ftenants
D) fThe fterms fof fthe fmanagement ffee f- fVerified fANS f✔✔ f f- f fC) fThe fnames fof fthe ftenants
Gary fgot fhis flicense fin fMay fof f2021. fHis fbirthday fis fSeptember f28. fWhen fwill fhis flicense
f expire?
A) fMay f31, f2025
B) fSeptember f1, f2025
C) fSeptember f30, f2025
D) fMay f1, f2009 f- fVerified fANS f✔✔ f f- f fC) fSeptember f30, f2025
*Real festate flicenses fexpire fon fthe flast fday fof fthe flicensee's fbirth fmonth, fevery f4 fyears.
A fseller's fagent fmust fdisclose fany fadverse fphysical fconditions fin fthe fimmediate
f neighborhood fwithin f_______ fof fa fproperty.
A) f1 fmile
