REAL ESTATE U FINAL SCRIPT 2026
QUESTIONS WITH ANSWERS GRADED A+
◉Converted use property. Answer: A local real estate developer
bought an abandoned school building with the intention of
converting it to residential units. This is an example of...
◉$250,000. Answer: An individual is exempt from paying taxes on
capital gains for up to how much in profit if he/she lived in the
house for at least 2 of the last 5 years.
◉principal. Answer: The employer of an agent is referred to as the...
◉Express Agency. Answer: An agency relationship created by oral or
written agreement between principal and the agent is known as...
◉Listing Contract. Answer: A contract whereby a property owner
employs a real estate broker to market the property described in the
contract is referred to as the...
◉Buyer Representation Agreement. Answer: When a real estate
broker represents a buyer in a transaction, the broker and buyer are
bound by which of the following contracts?
, ◉Inform the seller of any material information, present all offers to
the seller, and answer to the seller.. Answer: As a seller's agent in a
transaction, the agent is required to do which of the following?
◉loyalty. Answer: The "L" in the acronym COALD stands for which
fiduciary duty?
◉Puffing. Answer: The Deceptive Trade Practices Act discourages
agents from which of the following acts?
◉Community Reinvestment Act. Answer: This federal law requires
all federally regulated lender to describe the geographic market area
that they serve.
◉Ask the client to describe where they want to live based on
geographical boundaries.. Answer: Which of the following is a means
to prevent steering?
◉physical impairment. Answer: Any medical disorder, condition,
disfigurement or loss affecting one of the body systems is known as...
◉panic selling. Answer: Blockbusting is also called _______________.
QUESTIONS WITH ANSWERS GRADED A+
◉Converted use property. Answer: A local real estate developer
bought an abandoned school building with the intention of
converting it to residential units. This is an example of...
◉$250,000. Answer: An individual is exempt from paying taxes on
capital gains for up to how much in profit if he/she lived in the
house for at least 2 of the last 5 years.
◉principal. Answer: The employer of an agent is referred to as the...
◉Express Agency. Answer: An agency relationship created by oral or
written agreement between principal and the agent is known as...
◉Listing Contract. Answer: A contract whereby a property owner
employs a real estate broker to market the property described in the
contract is referred to as the...
◉Buyer Representation Agreement. Answer: When a real estate
broker represents a buyer in a transaction, the broker and buyer are
bound by which of the following contracts?
, ◉Inform the seller of any material information, present all offers to
the seller, and answer to the seller.. Answer: As a seller's agent in a
transaction, the agent is required to do which of the following?
◉loyalty. Answer: The "L" in the acronym COALD stands for which
fiduciary duty?
◉Puffing. Answer: The Deceptive Trade Practices Act discourages
agents from which of the following acts?
◉Community Reinvestment Act. Answer: This federal law requires
all federally regulated lender to describe the geographic market area
that they serve.
◉Ask the client to describe where they want to live based on
geographical boundaries.. Answer: Which of the following is a means
to prevent steering?
◉physical impairment. Answer: Any medical disorder, condition,
disfigurement or loss affecting one of the body systems is known as...
◉panic selling. Answer: Blockbusting is also called _______________.
