Real Estate Brokerage Practice Exam – 31 Questions

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

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

A Complaint about Fair Housing should be filed with:

The Fair Housing Act of 1968 is known as:

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

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:

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

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.

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

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

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

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

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

When describing the term Realtor we refer to:

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.

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

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

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:

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

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

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

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

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

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:

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:

Which of the following is not a duty of agency?

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:

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

Caveat Emptor means:

Each Real Estate office is required to post a:

Massachusetts Fair Housing Laws are: