ASREB Session 3 Exam Questions and
Answers 100% Pass
The seller's agent could disclose the seller's financial situation :
A. if the seller authorizes the broker to do so
B. to close the sale
C. to impress the buyer
D. if the buyer asks - ✔✔a
When R listed her home , she told the broker that the property had termite infestation
and some structural damage on which repairs had just been completed . What should
the broker do ? A. Cancel the listing
B. Tell prospective buyers about the termite problems
C. Tell R that she does not have to tell other brokers showing the property
D. Not mention it as a termite inspection will be done - ✔✔B
A house is being sold " as is . " The listing salesperson discovers a hidden defect in the
house . The agent should :
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, A. tell prospective buyers that the house is being sold as is
B. tell prospective buyers about the defectcon
C. disclose only what the employing broker says to disclose
D. do anything to close the sale - ✔✔B
If an agent owes fiduciary duties to the client , what duties does the client owe to an
agent ?
A.Compensation , indemnification , and performance
B. Cooperation , confidentiality , and correction
C. Honesty , disclosure , and insurance
D. Information , independence , and inspection - ✔✔A
A real estate broker's duties to the principal do NOT include :
A. due care
B.financial trust
C. maintenance of the listed property
D. obedience - ✔✔C
If you listed a property and represented the seller , which of the following would be a
customer ?
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Answers 100% Pass
The seller's agent could disclose the seller's financial situation :
A. if the seller authorizes the broker to do so
B. to close the sale
C. to impress the buyer
D. if the buyer asks - ✔✔a
When R listed her home , she told the broker that the property had termite infestation
and some structural damage on which repairs had just been completed . What should
the broker do ? A. Cancel the listing
B. Tell prospective buyers about the termite problems
C. Tell R that she does not have to tell other brokers showing the property
D. Not mention it as a termite inspection will be done - ✔✔B
A house is being sold " as is . " The listing salesperson discovers a hidden defect in the
house . The agent should :
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, A. tell prospective buyers that the house is being sold as is
B. tell prospective buyers about the defectcon
C. disclose only what the employing broker says to disclose
D. do anything to close the sale - ✔✔B
If an agent owes fiduciary duties to the client , what duties does the client owe to an
agent ?
A.Compensation , indemnification , and performance
B. Cooperation , confidentiality , and correction
C. Honesty , disclosure , and insurance
D. Information , independence , and inspection - ✔✔A
A real estate broker's duties to the principal do NOT include :
A. due care
B.financial trust
C. maintenance of the listed property
D. obedience - ✔✔C
If you listed a property and represented the seller , which of the following would be a
customer ?
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