Colibri School Exam NJ 2023/2024(updated)question and answers rated A+

Colibri School Exam NJ 2023/2024(updated)question and answers rated A+ In a real estate transaction the principal would BEST be described as the -CORRECT ANSWER Person represented by an agent Bert is showing his buyer a home in a historic district. The buyer mentions in passing that she would like to place solar panels on the roof. Beet knows that the homeowners association CC&Rs would prohibit this to protect the historic character of the neighborhood, but he doesn't tell the buyer for fear she'll loose interest in the house. Bert has committed -CORRECT ANSWER Actual fraud Which situation is NOT EXEMPT from the provisions of federal fair housing laws, assuming no discriminatory advertising is used and a licensee is not involved? -CORRECT ANSWER Barb is an owner-occupant of a duplex who will lease the other unit only to a white woman Danita gets a deed of trust from ABC bank to finance the purchase of a house in Sunny Acres, a new subdivision. While the loan is outstanding, who holds the title to Danita property? -CORRECT ANSWER A trustee Which of these phrases would LEAST likely be evidence of a conspiracy to commit an antitrust violation if said by a licensee? -CORRECT ANSWER "We would like to suggest that you use Ace Title Agency for the closing