Attempt #6768C044D1286E9ECEB0488A answers You have scored 100 % (30/30) in 18 minutes, 28 seconds
1. In the mortgage industry, this is a step above pre-qualification, it involves verifying a purchaser’s credit,
down payment, and employment history....?
Pre-approval Your answer was correct
Commitment
Commissioned
Post-approval
Your answer is incorrect
2. The individual who enters into a listing contract with a principal is known as the...?
Dual Agent
Listing Agent Your answer was correct
Selling Agent
Sub-agent
Your answer is incorrect
3. The individual who finds the buyer (or seller) for the property is referred to as the...?
Sub-agent
Dual Agent
Selling Agent Your answer was correct
Listing Agent
Your answer is incorrect
4. The listing agent can also be the selling agent...?
T (True) Your answer was correct
F (False)
Your answer is incorrect
, 5. A commission is owed to the agent only after the transaction closes...?
T (True)
F (False) Your answer was correct
Your answer is incorrect
6. Disclosure to the client must be executed prior to signing the listing agreement...?
T (True) Your answer was correct
F (False)
Your answer is incorrect
7. An individual who supervises the care of an apartment complex while living in one of the units in the
complex is known as a...?
Building Architect
Property Manager
Real Estate Agent
Resident Manager Your answer was correct
Your answer is incorrect
8. Resident managers are required to hold a real estate license in the State of California...?
T (True)
F (False) Your answer was correct
Your answer is incorrect
9. In California, resident managers are required in buildings with at least how many dwelling units...?
1
4
10
16 Your answer was correct
Your answer is incorrect
1. In the mortgage industry, this is a step above pre-qualification, it involves verifying a purchaser’s credit,
down payment, and employment history....?
Pre-approval Your answer was correct
Commitment
Commissioned
Post-approval
Your answer is incorrect
2. The individual who enters into a listing contract with a principal is known as the...?
Dual Agent
Listing Agent Your answer was correct
Selling Agent
Sub-agent
Your answer is incorrect
3. The individual who finds the buyer (or seller) for the property is referred to as the...?
Sub-agent
Dual Agent
Selling Agent Your answer was correct
Listing Agent
Your answer is incorrect
4. The listing agent can also be the selling agent...?
T (True) Your answer was correct
F (False)
Your answer is incorrect
, 5. A commission is owed to the agent only after the transaction closes...?
T (True)
F (False) Your answer was correct
Your answer is incorrect
6. Disclosure to the client must be executed prior to signing the listing agreement...?
T (True) Your answer was correct
F (False)
Your answer is incorrect
7. An individual who supervises the care of an apartment complex while living in one of the units in the
complex is known as a...?
Building Architect
Property Manager
Real Estate Agent
Resident Manager Your answer was correct
Your answer is incorrect
8. Resident managers are required to hold a real estate license in the State of California...?
T (True)
F (False) Your answer was correct
Your answer is incorrect
9. In California, resident managers are required in buildings with at least how many dwelling units...?
1
4
10
16 Your answer was correct
Your answer is incorrect
