BOB BROOKS NATIONAL PRACTICE OF
REAL ESTATE EXAM 2024/2025
An escrow account is maintained by a broker for the purpose of:
Select one:
a. Earning interest for the broker.
b. Earning interest for the broker's client.
c. Disposition of money to the buyer.
d. Impartial protection of both parties. - Precise Answer ✔✔d. Impartial
protection of both parties.
A seller's agent receives two offers to purchase his clients property. One
of the offers is below the asking price. The seller's agent:
Select one:
a. Must only give the seller the offer above the asking price.
b. Must give the seller both offers.
c. Does not have to give the seller either of the offers.
d. Must only give the seller the offer below asking price. - Precise
Answer ✔✔b. Must give the seller both offers.
What is allowed under Fair Housing?
Select one:
a. Owner occupant of 3 family house.
, b. A house listed with a broker does not allow showings to Catholics.
c. Rental house that advertises "No pets. No kids."
d. Owner of a ten unit apartment complex renting to women only. -
Precise Answer ✔✔a. Owner occupant of 3 family house.
A property comprised of residents for which at least 80% or 55 or older
does not violate which protected class?
Select one:
a. Familial Status
b. Handicap
c. National Origin
d. Race - Precise Answer ✔✔a. Familial Status
Which is not relevant in Fair Housing investigation?
Select one:
a. Investigators report
b. Copies of all listing sheets
c. The agent thought it was in best interest of the client.
d. The tester's notes - Precise Answer ✔✔c. The agent thought it was in
best interest of the client.
What is an example of puffing?
Select one:
a. "This property is expected to increase by 25% over the next 10 years."
REAL ESTATE EXAM 2024/2025
An escrow account is maintained by a broker for the purpose of:
Select one:
a. Earning interest for the broker.
b. Earning interest for the broker's client.
c. Disposition of money to the buyer.
d. Impartial protection of both parties. - Precise Answer ✔✔d. Impartial
protection of both parties.
A seller's agent receives two offers to purchase his clients property. One
of the offers is below the asking price. The seller's agent:
Select one:
a. Must only give the seller the offer above the asking price.
b. Must give the seller both offers.
c. Does not have to give the seller either of the offers.
d. Must only give the seller the offer below asking price. - Precise
Answer ✔✔b. Must give the seller both offers.
What is allowed under Fair Housing?
Select one:
a. Owner occupant of 3 family house.
, b. A house listed with a broker does not allow showings to Catholics.
c. Rental house that advertises "No pets. No kids."
d. Owner of a ten unit apartment complex renting to women only. -
Precise Answer ✔✔a. Owner occupant of 3 family house.
A property comprised of residents for which at least 80% or 55 or older
does not violate which protected class?
Select one:
a. Familial Status
b. Handicap
c. National Origin
d. Race - Precise Answer ✔✔a. Familial Status
Which is not relevant in Fair Housing investigation?
Select one:
a. Investigators report
b. Copies of all listing sheets
c. The agent thought it was in best interest of the client.
d. The tester's notes - Precise Answer ✔✔c. The agent thought it was in
best interest of the client.
What is an example of puffing?
Select one:
a. "This property is expected to increase by 25% over the next 10 years."
