MetroBrokers Final Exam
Practice 2026 Exam Questions
and Answers | 100% Solved
A Restaurant owner installed booths in a small shop. Later he decided to
move to a bigger
location. Can he take the booths and save some money?
a. No, the booths are attached to the building
b. Maybe, depends how he attached the booths
,c. Yes, the booths are trade fixtures and can be removed prior to the end of
the lease.
d. Yes, the booths are trade fixtures and can be removed any time
e. No, the booths are fixtures since they are attached. - 🧠 ANSWER ✔✔c.
Yes, the booths are trade fixtures and can be removed prior to the end of
the lease.
When can a Salesperson sign a sales contract for their client?
a. When the salesperson has a listing agreement
b. When the salesperson is the client's attorney in fact
c. Never, the client must always sign
d. When the salesperson has written permission from their client. - 🧠
ANSWER ✔✔b. When the salesperson is the client's attorney in fact
The owner of a property you want to list has died. He/ She has four kids,
and two of them want to list the property. What should the agent do before
listing the property?
,a. Have the deceased owner sign the listing agreement
b. List the property for the two kids
c. Require the other children to sign a quitclaim deed
d. Check the records to see who the current legal owner is
e. Only list the property with the signature of all four kids. - 🧠 ANSWER
✔✔d. Check the records to see who the current legal owner is
Which of the following is true regarding a qualifying broker and a licensee?
a. The licensee must earn a minimum commission set by license law
b. The broker must establish work schedules for all licensee
c. The broker must withhold taxes from the licensee commission
d. The licensee and the broker must enter into a written agreement. - 🧠
ANSWER ✔✔d. The licensee and the broker must enter into a written
agreement.
When should a buyer or seller receive a copy of anything they sign?
COPYRIGHT©PROFFKERRYMARTIN 2025/2026. YEAR PUBLISHED 2026. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE.
PRIVACY STATEMENT. ALL RIGHTS RESERVED
, a. Within 24 hours
b. Within 48 hours
c. As soon as practically possibly
d. Immediately - 🧠 ANSWER ✔✔d. Immediately
A person having to walk through a bathroom to enter the master bedroom
is an example of what?
a. A big Master bedroom
b. Physical obsolescence
c. Building code violation
d. A historical design
e. Functional obsolescence - 🧠 ANSWER ✔✔e. Functional obsolescence
What is the value of a property that has a $1,200 monthly NOI, and 8% rate
of return?
a. $15,000
Practice 2026 Exam Questions
and Answers | 100% Solved
A Restaurant owner installed booths in a small shop. Later he decided to
move to a bigger
location. Can he take the booths and save some money?
a. No, the booths are attached to the building
b. Maybe, depends how he attached the booths
,c. Yes, the booths are trade fixtures and can be removed prior to the end of
the lease.
d. Yes, the booths are trade fixtures and can be removed any time
e. No, the booths are fixtures since they are attached. - 🧠 ANSWER ✔✔c.
Yes, the booths are trade fixtures and can be removed prior to the end of
the lease.
When can a Salesperson sign a sales contract for their client?
a. When the salesperson has a listing agreement
b. When the salesperson is the client's attorney in fact
c. Never, the client must always sign
d. When the salesperson has written permission from their client. - 🧠
ANSWER ✔✔b. When the salesperson is the client's attorney in fact
The owner of a property you want to list has died. He/ She has four kids,
and two of them want to list the property. What should the agent do before
listing the property?
,a. Have the deceased owner sign the listing agreement
b. List the property for the two kids
c. Require the other children to sign a quitclaim deed
d. Check the records to see who the current legal owner is
e. Only list the property with the signature of all four kids. - 🧠 ANSWER
✔✔d. Check the records to see who the current legal owner is
Which of the following is true regarding a qualifying broker and a licensee?
a. The licensee must earn a minimum commission set by license law
b. The broker must establish work schedules for all licensee
c. The broker must withhold taxes from the licensee commission
d. The licensee and the broker must enter into a written agreement. - 🧠
ANSWER ✔✔d. The licensee and the broker must enter into a written
agreement.
When should a buyer or seller receive a copy of anything they sign?
COPYRIGHT©PROFFKERRYMARTIN 2025/2026. YEAR PUBLISHED 2026. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE.
PRIVACY STATEMENT. ALL RIGHTS RESERVED
, a. Within 24 hours
b. Within 48 hours
c. As soon as practically possibly
d. Immediately - 🧠 ANSWER ✔✔d. Immediately
A person having to walk through a bathroom to enter the master bedroom
is an example of what?
a. A big Master bedroom
b. Physical obsolescence
c. Building code violation
d. A historical design
e. Functional obsolescence - 🧠 ANSWER ✔✔e. Functional obsolescence
What is the value of a property that has a $1,200 monthly NOI, and 8% rate
of return?
a. $15,000
