FREC 1 EXAM | 100 QUESTIONS | WITH
COMPLETE SOLUTIONS 2025!!
1 of 100
Term
If a seller refuses to pay a broker her sales commission after the
residential property is sold, the broker may
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limited confidentiality, unless The home is situated in a flood-
waived in writing by a party. prone area.
(Unit 4) (unit 4)
, file a suit in the courts for her
the discount
commission.
rate (Unit 13)
(Unit 5)
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2 of 100
Term
Three claimants have come before the Commission requesting relief
from the Real Estate Recovery Fund. All three claimants were
involved in the same real estate transaction. Payment for their claims,
in the aggregate, is limited to
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100,000 (unit 6) 25,000 (unit 6)
75,000 (unit 6) 50,000 (unit 6)
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, 3 of 100
Term
A transaction broker does NOT have which duty?
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Full fiduciary duties to both
reprimand, fine, or otherwise
the buyer and the seller
discipline licensees. (unit 6)
(unit 4)
FREC Course I and pass the sales Broker's price opinion prepared for
associate's licensing exam. (unit 3) a lender concerning a short sale
(Unit 1)
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4 of 100
Term
An individual who acts as an intermediary between potential tenants
and the property owner is referred to as
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a landlord a building maintenance specialist
, a rental agent a community association manager
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5 of 100
Term
A broker's license was involuntary inactive for two years and one
month. To operate again as an active licensee, the broker must
complete
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FREC Course I and pass the
sales associate's licensing FREC Course I and complete a
exam. (unit 3) background check. (unit 3)
Continuing education credits and a FREC Course II and pass the
renewal fee. (unit 3) broker's licensing exam. (unit 3)
Don't know?
6 of 100
Term
Which expense is subtracted to derive NOI?
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COMPLETE SOLUTIONS 2025!!
1 of 100
Term
If a seller refuses to pay a broker her sales commission after the
residential property is sold, the broker may
Give this one a try later!
limited confidentiality, unless The home is situated in a flood-
waived in writing by a party. prone area.
(Unit 4) (unit 4)
, file a suit in the courts for her
the discount
commission.
rate (Unit 13)
(Unit 5)
Don't know?
2 of 100
Term
Three claimants have come before the Commission requesting relief
from the Real Estate Recovery Fund. All three claimants were
involved in the same real estate transaction. Payment for their claims,
in the aggregate, is limited to
Give this one a try later!
100,000 (unit 6) 25,000 (unit 6)
75,000 (unit 6) 50,000 (unit 6)
Don't know?
, 3 of 100
Term
A transaction broker does NOT have which duty?
Give this one a try later!
Full fiduciary duties to both
reprimand, fine, or otherwise
the buyer and the seller
discipline licensees. (unit 6)
(unit 4)
FREC Course I and pass the sales Broker's price opinion prepared for
associate's licensing exam. (unit 3) a lender concerning a short sale
(Unit 1)
Don't know?
4 of 100
Term
An individual who acts as an intermediary between potential tenants
and the property owner is referred to as
Give this one a try later!
a landlord a building maintenance specialist
, a rental agent a community association manager
Don't know?
5 of 100
Term
A broker's license was involuntary inactive for two years and one
month. To operate again as an active licensee, the broker must
complete
Give this one a try later!
FREC Course I and pass the
sales associate's licensing FREC Course I and complete a
exam. (unit 3) background check. (unit 3)
Continuing education credits and a FREC Course II and pass the
renewal fee. (unit 3) broker's licensing exam. (unit 3)
Don't know?
6 of 100
Term
Which expense is subtracted to derive NOI?
Give this one a try later!
