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Real Estate National Exam Prep #3 Questions and Answers 100% Pass
Real Estate National Exam Prep #3 
Questions and Answers 100% Pass 
Under an exclusive right to sell listing, a license holder has the authority to take which of 
the following actions on behalf of a seller? 
(a) make price adjustments based on feedback from showings 
(b) refuse to present offers that the salesperson feels are too low 
(c) advertise the property for sale 
(d) offer a lease purchase arrangement to a prospective buyer - Correct Answer ️️ -(c) 
advertise the property for sale 
...
- Examen
- • 30 páginas •
Real Estate National Exam Prep #3 
Questions and Answers 100% Pass 
Under an exclusive right to sell listing, a license holder has the authority to take which of 
the following actions on behalf of a seller? 
(a) make price adjustments based on feedback from showings 
(b) refuse to present offers that the salesperson feels are too low 
(c) advertise the property for sale 
(d) offer a lease purchase arrangement to a prospective buyer - Correct Answer ️️ -(c) 
advertise the property for sale 
...
Real Estate Exam- MO & National Study Questions and Answers
Real Estate Exam- MO & National Study 
Questions and Answers 
A seller owned two plots of land that combined for a width of 950 ft and a depth of 1800 
ft. A creek divided the north plot from the south plot. What is the total acreage of the two 
plots? - Correct Answer ️️ -Draw a line to divide rectangle horizontally. Write 950 as 
width & 1800 ft as depth. 
Multiple 950 x 1800 =1,710,000 
Then divide 1,710,000 by 43,560 to convert to acreage. 
Answer is 39.25 rounded 
A secretary in a real ...
- Examen
- • 18 páginas •
Real Estate Exam- MO & National Study 
Questions and Answers 
A seller owned two plots of land that combined for a width of 950 ft and a depth of 1800 
ft. A creek divided the north plot from the south plot. What is the total acreage of the two 
plots? - Correct Answer ️️ -Draw a line to divide rectangle horizontally. Write 950 as 
width & 1800 ft as depth. 
Multiple 950 x 1800 =1,710,000 
Then divide 1,710,000 by 43,560 to convert to acreage. 
Answer is 39.25 rounded 
A secretary in a real ...
Real Estate Exam Questions and Answers 100% Pass
Real Estate Exam Questions and Answers 100% Pass 
A corporation is a legal entity (an artificial person); therefore, real estate owned by the 
corporation is owned in - Correct Answer ️️ -severalty 
A person who receives title to real property through a last will and testament is called a - 
Correct Answer ️️ -devisee 
Tom, Rick, and Harry own a house. When Rick dies, his heirs receive his share of the 
ownership interest. What type of co-ownership did Tom, Rick, and Harry have? - 
Corre...
- Examen
- • 25 páginas •
Real Estate Exam Questions and Answers 100% Pass 
A corporation is a legal entity (an artificial person); therefore, real estate owned by the 
corporation is owned in - Correct Answer ️️ -severalty 
A person who receives title to real property through a last will and testament is called a - 
Correct Answer ️️ -devisee 
Tom, Rick, and Harry own a house. When Rick dies, his heirs receive his share of the 
ownership interest. What type of co-ownership did Tom, Rick, and Harry have? - 
Corre...
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INSY-3303 FINAL EXAM STUDY GUIDE WITH COMPLETE SOLUTIONS
the answers are incorrect