LEASING AGENT ACTUAL EXAM PAPER
2026 QUESTIONS WITH ANSWERS GRADED
A+
●● 2. In dealing with the public, a licensee:.
Answer: may keep silent about a material fact concerning the property if
the client is the owner. d) may negotiate different commissions with
different owners.
●● 3. Escrow monies:.
Answer: could include security deposits as well as earnest money.
●● 4. An offer may be terminated:.
Answer: if it is rejected; if it is changed; or if it is revoked before
acceptance.
●● A property management company runs a complex of several
buildings, all belonging to the same owner and on the same parcel of
land. At the owner's request, the manager has made apartments available
to families with children in just two of the buildings. This practice is:.
Answer: Steering
, ●● 6. In a lease an owner may hold a future interest in the property
known as:.
Answer: Reversion are interest
●● 7. Which of the following would be considered a dual agency?.
Answer: A licensee is representing both landlord and tenant in the same
transaction.
●● 8. To be enforced, the Statute of Frauds requires that all contracts for
the sale or lease of real estate be:.
Answer: In writing
●● 9. A young couple with a toddler and an infant want to lease an
apartment in a complex that is occupied primarily by adults. The rental
agent shows the couple apartments only on the first floor. Which of the
following is true?.
Answer: The rental agent should have inquired about the couple's
preference for apartments.
●● 10. On Tuesday, the agent received an offer and a check for security
deposit from a renter. The owner accepted and signed the lease at 11 am
on Wednesday. The agent must:.
Answer: deposit the money in his escrow account by the close of
business on Thursday.
2026 QUESTIONS WITH ANSWERS GRADED
A+
●● 2. In dealing with the public, a licensee:.
Answer: may keep silent about a material fact concerning the property if
the client is the owner. d) may negotiate different commissions with
different owners.
●● 3. Escrow monies:.
Answer: could include security deposits as well as earnest money.
●● 4. An offer may be terminated:.
Answer: if it is rejected; if it is changed; or if it is revoked before
acceptance.
●● A property management company runs a complex of several
buildings, all belonging to the same owner and on the same parcel of
land. At the owner's request, the manager has made apartments available
to families with children in just two of the buildings. This practice is:.
Answer: Steering
, ●● 6. In a lease an owner may hold a future interest in the property
known as:.
Answer: Reversion are interest
●● 7. Which of the following would be considered a dual agency?.
Answer: A licensee is representing both landlord and tenant in the same
transaction.
●● 8. To be enforced, the Statute of Frauds requires that all contracts for
the sale or lease of real estate be:.
Answer: In writing
●● 9. A young couple with a toddler and an infant want to lease an
apartment in a complex that is occupied primarily by adults. The rental
agent shows the couple apartments only on the first floor. Which of the
following is true?.
Answer: The rental agent should have inquired about the couple's
preference for apartments.
●● 10. On Tuesday, the agent received an offer and a check for security
deposit from a renter. The owner accepted and signed the lease at 11 am
on Wednesday. The agent must:.
Answer: deposit the money in his escrow account by the close of
business on Thursday.
