Leasing agent Quiz questions with verified answers
A candidate can receive a waiver of the leasing agent courses for which of the
following reasons? Ans✓✓✓ Being a licensed attorney
A couple leased a banquet hall for their wedding reception. The lease began at
12:01 a.m. on June 23 and ended at 11:59 p.m. on June 24. This lease is BEST
described as a Ans✓✓✓ tenancy for years.
A lease that will terminate within one year of its inception Ans✓✓✓ can be
verbal
A leasing agent cannot legally collect commissions from both the tenant and the
landlord without? Ans✓✓✓ disclosing to the landlord and the tenant all sources
of compensation
related to the transaction received by the broker from a third party.
A leasing agent receives a check for a security deposit from a renter and deposits
the money in an escrow account. By doing this, the broker protects herself from a
charge of? Ans✓✓✓ commingling.
A leasing agent was told by his principal not to advertise her property in a
newspaper that was out of the area. The agent complied because he Ans✓✓✓
must obey the lawful instructions of his principal.
A leasing agent who represents the landlord is showing a house to a prospective
renter. The leasing agent knows that the house occasionally has seepage in the
, basement. What is TRUE? Ans✓✓✓ Withholding the information prevents the
buyer from making an informed decision.
A lessee is in possession of property under a tenancy at will. Which of these is
TRUE?
a. The lessee has not received the consent of the landlord to possess the
property.
b. The tenancy will terminate if the lessee dies.
c. The tenancy was created by the death of the lessor.
d. The tenancy has a definite termination date. Ans✓✓✓ b
A lessee who is 17-years-old signs a lease agreement. Which statement is TRUE?
Ans✓✓✓ The lease agreement is voidable.
A lessee who pays some or all of the lessor's property expenses has a Ans✓✓✓
net lease
A licensee is permitted to represent both the lessor and the lessee in the same
transaction when? Ans✓✓✓ both parties have been informed in writing and
have agreed to the dual
representation.
A managing broker employs several licensees, one of whom is a minority. The
managing broker tells this licensee to work only with minority buyers and solicit
listings in only predominately minority neighborhoods. What is true of this?
Ans✓✓✓ The managing broker violated the licensee's rights.
A candidate can receive a waiver of the leasing agent courses for which of the
following reasons? Ans✓✓✓ Being a licensed attorney
A couple leased a banquet hall for their wedding reception. The lease began at
12:01 a.m. on June 23 and ended at 11:59 p.m. on June 24. This lease is BEST
described as a Ans✓✓✓ tenancy for years.
A lease that will terminate within one year of its inception Ans✓✓✓ can be
verbal
A leasing agent cannot legally collect commissions from both the tenant and the
landlord without? Ans✓✓✓ disclosing to the landlord and the tenant all sources
of compensation
related to the transaction received by the broker from a third party.
A leasing agent receives a check for a security deposit from a renter and deposits
the money in an escrow account. By doing this, the broker protects herself from a
charge of? Ans✓✓✓ commingling.
A leasing agent was told by his principal not to advertise her property in a
newspaper that was out of the area. The agent complied because he Ans✓✓✓
must obey the lawful instructions of his principal.
A leasing agent who represents the landlord is showing a house to a prospective
renter. The leasing agent knows that the house occasionally has seepage in the
, basement. What is TRUE? Ans✓✓✓ Withholding the information prevents the
buyer from making an informed decision.
A lessee is in possession of property under a tenancy at will. Which of these is
TRUE?
a. The lessee has not received the consent of the landlord to possess the
property.
b. The tenancy will terminate if the lessee dies.
c. The tenancy was created by the death of the lessor.
d. The tenancy has a definite termination date. Ans✓✓✓ b
A lessee who is 17-years-old signs a lease agreement. Which statement is TRUE?
Ans✓✓✓ The lease agreement is voidable.
A lessee who pays some or all of the lessor's property expenses has a Ans✓✓✓
net lease
A licensee is permitted to represent both the lessor and the lessee in the same
transaction when? Ans✓✓✓ both parties have been informed in writing and
have agreed to the dual
representation.
A managing broker employs several licensees, one of whom is a minority. The
managing broker tells this licensee to work only with minority buyers and solicit
listings in only predominately minority neighborhoods. What is true of this?
Ans✓✓✓ The managing broker violated the licensee's rights.
