Real Estate Brokerage Practice Exam – 31 Questions

The Fair Housing Act of 1968 is known as:

The 1988 Amendment to the federal Fair Housing Act Increased coverage to include:

A listing agreement that will pay any agent who produces a buyer is:

The owner of an apartment complex exempt from familial status denied a 50 year-old retiree an apartment. In this situation the owner:

Which of the following is not a duty of agency?

A contract can be terminated by all of the following except:

A Real Estate Agent acting on behalf of a client is a:

If an agent is soliciting listing based on the racial change in a neighborhood it would be known as:

Caveat Emptor means:

Which of the following is not a member of a protected class?

When describing the term Realtor we refer to:

An agent places a newspaper ad for an apartment located in an owner-occupied two-unit property. The ad indicates that the apartment is ideal for retirees. In this situation the agent:

A tenant who resides in a 25-unit apartment building has a stroke and needs some modifications made to the apartment to assist them with the quality of their living status. Who must pay for the modifications.

A person who lives in a four unit property has become disabled. Some modifications must be made to the apartment. Who is required to pay for the modifications.

Massachusetts Fair Housing Laws are:

A couple asks an agent to find them a home in a racially mixed area. The agent should:

If a lender refuses to provide a loan to a Hispanic family buying in a predominantly white area, the lender might be guilty of:

An agent is found guilty of a second Fair Housing Violation. The fine is:

Which of the following is not exempt from Fair Housing Laws:

The act that made it illegal to discriminate on the basis of race is:

A contract that allows the seller to sell their property and enlists one real estate company as well would be an:

A Complaint about Fair Housing should be filed with:

In Massachusetts an agent can only offer compensation to a sub-agent with sellers consent and the sellers acknowledgement that they may be held liable for the actions of the sub-agent via:

When a salesperson prepares a listing contract they are creating a relationship between:

Joe the neighborhood real estate agent is directing buyers of a different racial persuasion than himself to a particular section of his neighborhood. This is an example of:

Each Real Estate office is required to post a:

A listing agreement that creates the greatest amount of protection for the broker is an:

When the agent represents two parties in a transaction without permission of the two parties, it is known as:

A listing contract that allows the listing agent to keep as their commission any money received in excess of a stated price is known as:

A couple with a three-year old child has been denied access to look at an apartment. The agent who denied them access is guilty of discrimination via:

An act that prohibits price fixing among real estate agents would be: