Questions and Guide Answers
100% Verified Graded A+
1. 6 things a licensee cannot do without a written buyer agency agreement
Answer: 1) Ask the buyer to disclose confidential information
2) Express an opinion or give advice about particular real esate
3) Physically show the buyer an in-house listing
4) Physically show the buyer a property listed with anither firm
5) discuss an otter with the buyer
6) Engage in any verbal or written negotiations concerning purchase price, terms, or conditions
2. The one exception where a licensee can perform duties for a buyer without a
written buyer agency agreement
Answer: The licensee is going to represent the buyer with an agency disclosure notice stating that
the licensee represents the seller
, 3. Where would you get a list of hazardous waste conditions and properties on
which shooting and hunting takes place
Answer: Town clerk oflce
4. What is the name of the list in where hazardous waste conditions and
properties in which hunting takes place would be found
Answer: Energy and Environmental Protection lists
5. How many members make up the commission? How many brokers and how
many licensed salespeople?
Answer: 8 members. Three brokers and two licensed salespeople.
6. Who collects licensing fees and who are they deposited with?
Answer: The commission collects licensing fees and deposits them with the state treasurer to become
part of the general fund.
7. A licensee CAN do the following without entering into an agency relation-
ship
Answer: 1) give the buyer property information
2) give the buyer information on the licensee's firm
3) give the buyer information on mortgage rates and institutions
8. What constitutes "negotiation"
Answer: -Showing the buyer any property