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WRA - Final Exam Study 2024/2025 Exam Questions and Verified Answers | Already Graded A+
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WRA - Final Exam Study 2024/2025 Exam Questions and Verified Answers | Already Graded A+ Which of the following is a duty owed ONLY to a client? A:Objective presentation of contract proposals B:Loyally represents interests C:Safeguard trust funds D:Disclose material adverse facts -

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  • March 16, 2025
  • 77
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers

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  • Real Estate
  • Real Estate

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WRA - Final Exam Study 2024/2025
Exam Questions and Verified Answers |
Already Graded A+



Which of the following is a duty owed ONLY to a client?




A:Objective presentation of contract proposals

B:Loyally represents interests

C:Safeguard trust funds


D:Disclose material adverse facts - 🧠 ANSWER ✔✔Loyally represents

interests




The duties owed to a CLIENT include: Loyally represent the client's

interest, provide information and advice on matters that are material to the

client's transaction, disclose all material information, fulfill any obligation

required by the agency agreement that is not in conflict with the law, and

the duty to negotiate on behalf of the client, unless waived.


COPYRIGHT©NINJANERD 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. PRIVACY
1
STATEMENT. ALL RIGHTS RESERVED

,A seller lists a house with Salesperson A. The buyer attends Salesperson

A's open house and decides to write an offer. The buyer does not have an

agency agreement with Salesperson A and she asks Salesperson A to

write the offer. Which of the following CORRECTLY identifies the

relationship between the buyer and Salesperson A?




A:The buyer is the principal of Salesperson A

B:The buyer is Salesperson A's customer

C:The buyer is Salesperson A's client


D:Salesperson A is the buyer's agent - 🧠 ANSWER ✔✔The buyer is

Salesperson A's customer




Salesperson A has a listing contract with the seller. The buyer does not

sign a buyer agency agreement with Salesperson A. Salesperson A

provides brokerage services to the buyer as a customer.

When trying to determine if an advertisement violates the Fair Housing Act,

what test(s) is applied?




COPYRIGHT©NINJANERD 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. PRIVACY
2
STATEMENT. ALL RIGHTS RESERVED

,A:Extraordinary Reader Test

B:Ordinary Reader Test

C:Extraordinary Human Being Test


D:Ordinary Day Test - 🧠 ANSWER ✔✔Ordinary Reader Test




In determining if an advertisement violates fair housing, the ordinary reader

test is applied. Essentially, if the add appears to prefer or "dis-prefer"

individuals because of their membership in a protected class, it might be

discriminatory.

Which of the following allows a property owner to use property in a way that

was once allowed but is no longer permitted under current zoning

regulations?




A:Spot zoning

B:Nonconforming use

C:Conditional use


D:Variance - 🧠 ANSWER ✔✔Nonconforming use


COPYRIGHT©NINJANERD 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. PRIVACY
3
STATEMENT. ALL RIGHTS RESERVED

, A nonconforming use is a use of property was once permitted but is no

longer permitted under current zoning regulations. The use is considered

"grandfathered" in and the property owner can preserve nonconforming use

status by continuing to use the property in the nonconforming way. An

agent can list and sell a nonconforming use and the new owner typically

needs to use the property in the same way to preserve the status as a

nonconforming use.

A rural property is currently being used as cropland. However, the

assessed value reflects the property's worth as if it was being used for

residential housing. The principle of value being applied is:




A:conformity

B:highest and best use

C:progression


D:increasing returns - 🧠 ANSWER ✔✔highest and best use




COPYRIGHT©NINJANERD 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. PRIVACY
4
STATEMENT. ALL RIGHTS RESERVED

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