Leasing Agent License Pt1 Exam Questions With 100% Correct Answers

Leasing Agent License Pt1 Exam Questions With 100% Correct Answers The leasing agent license enables the licensee to engage in what? - answerOnly in residential leasing activities for which a license is required An applicant for a leasing agent license must provide proof of being how old? - answer18 A person shall not practice as a student leasing agent more than once in a ___ month period? - answer24 month period Disciplinary procedures for leasing agent licensees shall: - answerConform with disciplinary procedures for licensed real estate brokers and salespersons Sponsor Cards are issued by ... - answerThe employing broker Applicants for the leasing agent license must successful complete at least ___ class hours of study - answer15 class hours A renewal applicant is not required to comply with the continuing education requirement for what? - answerthe first renewal following the original issuance of the applicants leasing agent license The leasing agent license shall expire when? - answerJuly 31 of even numbered years Upon termination of employment of a leasing agent licensee, the sponsoring broker shall do what? - answersign the front of the leasing agents license as provided on the document In the "law of agency" the broker owns the principal all of the following duties except what? - answerEquity An agency relationship can be terminated at any time for any of the following reasons except what? - answerDisclosure No applicant for the leasing agent license may engage in the activities of a licensed leasing agent until what happens? - answera valid sponsor card has been issued to the applicant A licensed leasing agent may perform all of the following activities except what? - answeroffer or negotiate the sale or exchange of real estate