CE SHOP FINAL EXAM QUESTIONS
gh gh gh gh
WITH CORRECT ANSWERS 2025
gh gh gh gh
which ghof ghthe ghfollowing ghis ghthe ghprice gha ghlender ghbelieves ghthe ghproperty ghwill ghbring ghat gha
ghforeclosure ghsal ghe? gh- ghCORRECT ghANSWER gh-mortgage ghvalue
Burt ghterminated ghhis ghexclusive ghright-to-
sell ghlisting ghagreement ghwith ghScott, ghhis ghlisting ghbroker. ghBurt ghmay ghlegally ghdo ghthis ghas ghlong ghas
ghhe's gh
- ghCORRECT ghANSWER gh-willing ghto ghpay ghScott's ghcommission ghanyway
what ghmust gha ghhomeowner ghin ghDC ghdisclose ghabout gha ghproperty ghbuilt ghbefore gh1978 ghif ghthey
ghhave ghnever ght ghested ghit ghfor ghlead ghpaint? gh- ghCORRECT ghANSWER gh-that ghthe ghhome ghis
ghpresumed ghto ghhave ghlead-
based ghpaint
Fred ghis ghbuying ghGary's ghproperty, ghwhich ghis ghlisted ghwith ghSara. ghWho ghare ghthe ghparties ghto ghthe
ghlisting ghagre ghement? gh- ghCORRECT ghANSWER gh-Gary ghand ghSara
an ghappraiser ghused ghthe ghcost ghapproach ghto ghestimate gha ghproperty's ghvalue ghat gh$220,000. ghThe
ghsite ghvalue ghwas gh$50,000 ghand ghthe ghtotal ghdepreciation ghestimate ghwas gh$4,000. ghWhat ghwas
ghthe ghestimated ghcost ghof ghi ghmprovements? gh- ghCORRECT ghANSWER gh-$174,000
which ghterm ghis ghdefined ghas ghthe ghaddition ghof ghone ghpossessor's ghyears ghof ghuse ghto ghanother's
ghcontinuous ghuse ghof ghthe ghsame ghproperty ghin ghan ghadverse ghpossession ghclaim? gh- ghCORRECT
ghANSWER gh-tacking
which ghone ghof ghthe ghfollowing ghstatements ghdescribes ghinformed ghconsent ghas ghit ghrelates ghto ghdual
ghagency?
- ghCORRECT ghANSWER gh-
both ghthe ghbuyer ghand ghthe ghseller ghunderstand ghwhat ghdual ghagency ghis ghand ghagree ghin ghwriting ghto
ghallow ghthe ghagent ghto ghrepresent ghboth ghparties
,which ghof ghthe ghfollowing ghfactors ghwould ghplay gha ghrole ghin ghan ghIRS ghdetermination ghas ghto
ghwhether gha ghlicens ghee ghshould ghbe ghclassified ghas ghan ghemployee ghor ghan ghindependent
ghcontractor? gh- ghCORRECT ghANSWER gh- ghwhether ghthe ghlicensee ghreceives ghbenefits ghfrom ghthe
ghbrokerage ghfirm
under ghthe ghstatute ghof gh , ghif ghlegal ghremedy ghis ghsought ghagainst gha ghperson, ghthe ghpursuer
ghmust ghbring gha ghcourt ghaction ghwithin gha ghspecified ghperiod ghof ghtime gh- ghCORRECT ghANSWER gh-
limitations
Chester ghis ghinterested ghin ghbecoming gha ghreal ghestate ghlicensee ghin ghDC. ghAfter ghcompleting ghthe
ghrequiremen ghts ghfor ghobtaining ghthe ghlicense ghfor gha ghreal ghestate ghsalesperson, ghwhich ghagency
ghwill ghadminister ghChester's ghlicense? gh- ghCORRECT ghANSWER gh-DC ghReal ghEstate ghCommission
A ghclient ghterminates gha ghlisting ghagreement ghbefore ghits ghexpiration ghdate. ghWhat ghhappens ghnow? gh-
CORRECT ghANSWER gh-the ghclient ghmay ghowe gha ghcommission ghanyway
what's ghinvoluntary ghlien? gh- ghCORRECT ghANSWER gh-
a ghlien ghcreated ghwithout gha ghproperty ghowner's ghconsent
Jim ghis gha ghlisting ghagent. ghWhat ghoffers ghmust ghhe ghpresent ghto ghhis ghclient ghand ghwhen?
gh- ghCORRECT ghANSWER gh-he ghmust ghpresent ghall ghoffers ghas ghsoon ghas ghpracticable
Wallace ghis ghbeside ghhimself ghHe ghspent ghthe ghlast ghfive ghmonths ghraising ghenough ghmoney ghto
ghpurchase ghthe ghproperty ghthat ghhe ghhas ghan ghopinion ghon, ghand ghnow, gha ghmonth ghbefore ghthe ghend
ghof ghhis ghoption ghperiod, ghthe ghseller ghrefuses ghto ghsell ghhim ghthe ghproperty. ghThe ghseller's ghactions
ghare gh . gh-
CORRECT ghANSWER gh-a ghbreach ghof ghcontract
The ghmishandling ghof ghescrow ghfunds ghcan ghresult ghin . gh- ghCORRECT
ghANSWER gh- ghDisciplinary ghaction ghand ghfines ghfor ghthe ghreal ghestate ghlicensee
How ghmany ghfeet ghare ghin gha ghmile? gh- ghCORRECT ghANSWER gh-5,280
, Under ghwhich ghtypes ghof ghagency ghagreement ghmay gha ghbuyer ghand ghagent ghoperate? gh-
ghCORRECT ghANSWER gh-open, ghexclusive ghright ghto ghrepresent, ghand ghexclusive ghagency
With ghan ghoption ghcontract, ghwhich ghof ghthe ghfollowing ghconstitutes gha ghbreach ghof
ghcontract? gh- ghCORRECT ghANSWER gh-
the ghoptionor ghsells ghthe ghproperty ghwithout ghthe ghoption ghcontract ghto ghsomeone ghother ghthan
ghthe ghoption ghee
What ghwould ghbe ghan ghaltruistic ghreason ghfor gha ghmunicipality ghto ghaccept gha ghland
ghdedication? gh- ghCORRECT ghANSWER gh-to ghuse ghthe ghland ghfor ghpublic ghbenefit
Rhonda ghand ghJade ghboth ghconsider ghthemselves ghAfrican-
American, ghalthough ghRhonda ghhas ghmuch ghdarker ghskin ghand ghhair ghthan ghJade. ghWhen ghRhonda
ghwent ghto ght ghhe ghValley ghFalls ghapartment ghmanager's ghoffice ghto ghrequest gha ghrental ghapplication,
ghshe ghwas ghtold ghthere ghw ghere ghno ghvacancies. ghJade ghwent ghin gha ghday ghlater ghand ghreceived ghan
ghapplication. ghThis ghmay ghbe ghdiscriminati ghon ghbased ghon - ghCORRECT ghANSWER gh-color
Among ghother ghthings, gha ghlisting ghin ghthe ghMLS ghshould ghalways ghinclude gh .
gh- ghCORRECT ghANSWER gh-at ghleast ghone ghphoto
Joint ghtenancy ghrequires ghunities ghof ghtime, ghinterest, ghand . gh- ghCORRECT
ghANSWER gh- ghpossession
Obviously, ghyou ghcan't ghlawfully ghconvey ghsomething ghunless ghthe ghparties ghagree ghon ghwhat's
ghbeing ghconve ghyed. ghHow ghis ghthat ghdetermined? gh- ghCORRECT ghANSWER gh-legal ghdescription
Whose ghrole ghis ghit ghto ghdevelop ghthe ghcomprehensive ghmaster ghplan? gh- ghCORRECT
ghANSWER gh- ghPlanning ghboard ghmembers
gh gh gh gh
WITH CORRECT ANSWERS 2025
gh gh gh gh
which ghof ghthe ghfollowing ghis ghthe ghprice gha ghlender ghbelieves ghthe ghproperty ghwill ghbring ghat gha
ghforeclosure ghsal ghe? gh- ghCORRECT ghANSWER gh-mortgage ghvalue
Burt ghterminated ghhis ghexclusive ghright-to-
sell ghlisting ghagreement ghwith ghScott, ghhis ghlisting ghbroker. ghBurt ghmay ghlegally ghdo ghthis ghas ghlong ghas
ghhe's gh
- ghCORRECT ghANSWER gh-willing ghto ghpay ghScott's ghcommission ghanyway
what ghmust gha ghhomeowner ghin ghDC ghdisclose ghabout gha ghproperty ghbuilt ghbefore gh1978 ghif ghthey
ghhave ghnever ght ghested ghit ghfor ghlead ghpaint? gh- ghCORRECT ghANSWER gh-that ghthe ghhome ghis
ghpresumed ghto ghhave ghlead-
based ghpaint
Fred ghis ghbuying ghGary's ghproperty, ghwhich ghis ghlisted ghwith ghSara. ghWho ghare ghthe ghparties ghto ghthe
ghlisting ghagre ghement? gh- ghCORRECT ghANSWER gh-Gary ghand ghSara
an ghappraiser ghused ghthe ghcost ghapproach ghto ghestimate gha ghproperty's ghvalue ghat gh$220,000. ghThe
ghsite ghvalue ghwas gh$50,000 ghand ghthe ghtotal ghdepreciation ghestimate ghwas gh$4,000. ghWhat ghwas
ghthe ghestimated ghcost ghof ghi ghmprovements? gh- ghCORRECT ghANSWER gh-$174,000
which ghterm ghis ghdefined ghas ghthe ghaddition ghof ghone ghpossessor's ghyears ghof ghuse ghto ghanother's
ghcontinuous ghuse ghof ghthe ghsame ghproperty ghin ghan ghadverse ghpossession ghclaim? gh- ghCORRECT
ghANSWER gh-tacking
which ghone ghof ghthe ghfollowing ghstatements ghdescribes ghinformed ghconsent ghas ghit ghrelates ghto ghdual
ghagency?
- ghCORRECT ghANSWER gh-
both ghthe ghbuyer ghand ghthe ghseller ghunderstand ghwhat ghdual ghagency ghis ghand ghagree ghin ghwriting ghto
ghallow ghthe ghagent ghto ghrepresent ghboth ghparties
,which ghof ghthe ghfollowing ghfactors ghwould ghplay gha ghrole ghin ghan ghIRS ghdetermination ghas ghto
ghwhether gha ghlicens ghee ghshould ghbe ghclassified ghas ghan ghemployee ghor ghan ghindependent
ghcontractor? gh- ghCORRECT ghANSWER gh- ghwhether ghthe ghlicensee ghreceives ghbenefits ghfrom ghthe
ghbrokerage ghfirm
under ghthe ghstatute ghof gh , ghif ghlegal ghremedy ghis ghsought ghagainst gha ghperson, ghthe ghpursuer
ghmust ghbring gha ghcourt ghaction ghwithin gha ghspecified ghperiod ghof ghtime gh- ghCORRECT ghANSWER gh-
limitations
Chester ghis ghinterested ghin ghbecoming gha ghreal ghestate ghlicensee ghin ghDC. ghAfter ghcompleting ghthe
ghrequiremen ghts ghfor ghobtaining ghthe ghlicense ghfor gha ghreal ghestate ghsalesperson, ghwhich ghagency
ghwill ghadminister ghChester's ghlicense? gh- ghCORRECT ghANSWER gh-DC ghReal ghEstate ghCommission
A ghclient ghterminates gha ghlisting ghagreement ghbefore ghits ghexpiration ghdate. ghWhat ghhappens ghnow? gh-
CORRECT ghANSWER gh-the ghclient ghmay ghowe gha ghcommission ghanyway
what's ghinvoluntary ghlien? gh- ghCORRECT ghANSWER gh-
a ghlien ghcreated ghwithout gha ghproperty ghowner's ghconsent
Jim ghis gha ghlisting ghagent. ghWhat ghoffers ghmust ghhe ghpresent ghto ghhis ghclient ghand ghwhen?
gh- ghCORRECT ghANSWER gh-he ghmust ghpresent ghall ghoffers ghas ghsoon ghas ghpracticable
Wallace ghis ghbeside ghhimself ghHe ghspent ghthe ghlast ghfive ghmonths ghraising ghenough ghmoney ghto
ghpurchase ghthe ghproperty ghthat ghhe ghhas ghan ghopinion ghon, ghand ghnow, gha ghmonth ghbefore ghthe ghend
ghof ghhis ghoption ghperiod, ghthe ghseller ghrefuses ghto ghsell ghhim ghthe ghproperty. ghThe ghseller's ghactions
ghare gh . gh-
CORRECT ghANSWER gh-a ghbreach ghof ghcontract
The ghmishandling ghof ghescrow ghfunds ghcan ghresult ghin . gh- ghCORRECT
ghANSWER gh- ghDisciplinary ghaction ghand ghfines ghfor ghthe ghreal ghestate ghlicensee
How ghmany ghfeet ghare ghin gha ghmile? gh- ghCORRECT ghANSWER gh-5,280
, Under ghwhich ghtypes ghof ghagency ghagreement ghmay gha ghbuyer ghand ghagent ghoperate? gh-
ghCORRECT ghANSWER gh-open, ghexclusive ghright ghto ghrepresent, ghand ghexclusive ghagency
With ghan ghoption ghcontract, ghwhich ghof ghthe ghfollowing ghconstitutes gha ghbreach ghof
ghcontract? gh- ghCORRECT ghANSWER gh-
the ghoptionor ghsells ghthe ghproperty ghwithout ghthe ghoption ghcontract ghto ghsomeone ghother ghthan
ghthe ghoption ghee
What ghwould ghbe ghan ghaltruistic ghreason ghfor gha ghmunicipality ghto ghaccept gha ghland
ghdedication? gh- ghCORRECT ghANSWER gh-to ghuse ghthe ghland ghfor ghpublic ghbenefit
Rhonda ghand ghJade ghboth ghconsider ghthemselves ghAfrican-
American, ghalthough ghRhonda ghhas ghmuch ghdarker ghskin ghand ghhair ghthan ghJade. ghWhen ghRhonda
ghwent ghto ght ghhe ghValley ghFalls ghapartment ghmanager's ghoffice ghto ghrequest gha ghrental ghapplication,
ghshe ghwas ghtold ghthere ghw ghere ghno ghvacancies. ghJade ghwent ghin gha ghday ghlater ghand ghreceived ghan
ghapplication. ghThis ghmay ghbe ghdiscriminati ghon ghbased ghon - ghCORRECT ghANSWER gh-color
Among ghother ghthings, gha ghlisting ghin ghthe ghMLS ghshould ghalways ghinclude gh .
gh- ghCORRECT ghANSWER gh-at ghleast ghone ghphoto
Joint ghtenancy ghrequires ghunities ghof ghtime, ghinterest, ghand . gh- ghCORRECT
ghANSWER gh- ghpossession
Obviously, ghyou ghcan't ghlawfully ghconvey ghsomething ghunless ghthe ghparties ghagree ghon ghwhat's
ghbeing ghconve ghyed. ghHow ghis ghthat ghdetermined? gh- ghCORRECT ghANSWER gh-legal ghdescription
Whose ghrole ghis ghit ghto ghdevelop ghthe ghcomprehensive ghmaster ghplan? gh- ghCORRECT
ghANSWER gh- ghPlanning ghboard ghmembers
