Colibri Real Estate(Real EstateExpress) Final Exa
p p p p p p p
m Review Questions & CorrectAnswers | Latest
p p p p p p p p
Update |Already GradedA+
p p p p
BrokerpJanephaspbeenpaccusedpofpaplawpviolationpregardingpcommissions.pWhichpofpthepfollowi
ngpmightpresultpinpherpbeingpfoundpguilty?
A) Janeppaidpapcommissionptopherplicensedppersonalpassistant.
B) Janeppaidpapcommissionptopthepwifepofponepofpherplicenseespwhopwasprecentlypkilledpinpa
npautopaccident.pThepdeceasedplicenseephadpearnedpthepcommissionppriorptophispdeath.
C) Janeppaidpapcommissionppluspapbonusptoponepofpherplicensees.
D) JaneppaidpapcommissionptopapFloridaplicenseepwhopispnotplicensedpinpGeorgiapforpli
censingpactivitypinpGeorgia.
➹➹➹:pD)pJaneppaidpapcommissionptopapFloridaplicenseepwhopispnotplicensedpinpGeorgiapforp
licensingpactivitypinpGeorgia.
Anypsalespersonpcanplegallypreceivepherpsharepofpthepcommissionponpapsalepfrom
A) herpemployingpbrokerponly.
B) anypcooperatingpbrokerpwithpwhompshepcompletespapsale.
C) apbuilderpsheprepresentspinpapsale
1p|pPpapgpe
,D) theppurchaserpofpthephomepinpapsuccessfulpsale.
➹➹➹:pA)pherpemployingpbrokerponly.
WhichpofpthepfollowingpispNOTpapprotectedpclasspunderpGeorgiapfairphousingplaw?
A) Sexualppreference
B) Familialpstatus
C) Religion
D) Race
➹➹➹:pA)pSexualppreference
Syedpispanpinactiveplicensee.pHepjustpmovedptopapnewphomepacrossptown.pWhatpmustphepd
o?
A) CallpthepCommissionpandpgivepitphispnewpaddress.
B) Reportpthepaddresspchangepwhenphe'spreadyptopreactivatephisplicense.
C) SendpapwrittenpnoticeptopthepCommissionpwithinp30pdays.
D) NotifyptheppostpofficeptopsendpapchangepofpaddresspnoticeptopthepCommission.
➹➹➹:pC)pSendpapwrittenpnoticeptopthepCommissionpwithinp30pdays.
Howpmanyphourspofpcontinuingpeducationpmustpaplicenseepcompletepforpeachpyearpofplicensure
?
2p|pPpapgpe
,A) 8phours
B) 9phours
C) 5phours
D) 4phours
➹➹➹:pB)p9phours
Glendapispthepofficepmanagerpforpaplocalprealpestatepfirm.pShepispresponsiblepforpcoordinati
ngptheppaperworkpflowpthroughpthepoffice,ppreparingpadspandpsupervisingpthepclericalpstaff.
Glendapis
p
A) requiredptophavepapsalesperson'splicense.
B) violatingplicenseplaw.
C) requiredptophavepapbrokerplicense.
D) exemptpfromptheplicenseplaw.
➹➹➹:pD)pexemptpfromptheplicenseplaw.
Harupispworkingpwithphispbuyersptopdrawpuppapwrittenpofferponpappropertyptheypwantptoppurchase
.pWhichpofpthepfollowingpitemspispnotprequiredpinpthepoffer?
A) Theppropertypdescription
B) Thepmortgageplender
C) Thepmethodpofppayment
D) Specialpstipulationspthepofferprequires
3p|pPpapgpe
, ➹➹➹:pB)pThepmortgageplender
Keziapjustpboughtpandpclosedponpapnewphomepthatpcostp$195,000.pherpmortgagepamountpi
sp$165,500.phowpmuchpispthepintangibleprecordingptaxponpKezia'spproperty?
A) $585
B) $195
C) $165.50
D) $496.50
➹➹➹:pD)p$496.50
*Anpintangibleprecordingptaxpispduepandppayableponpeachpinstrumentpsecuringponeporpmore
long-termpnotespatpthepratepofp$1.50pperpeachp$500
p
$165,500p÷p$500p=p331p33
1pxp$1.50p=p$496.50
SalespersonpGordonprefuseptopacceptpanpofferptoppurchasephisphomepfrompbuyerpJuanp
ValdezpofpColumbiapbecausepGordonpfeelspthepearnestpmoneypofp$100pispnotpenough.p
WhichpofpthepfollowingpstatementspaboutpGordon'sprefusalpispcorrect?
A) Gordonpispinpviolationpofpfairphousingplawpbecausephepdiscriminatedponpthepbasispofpn
ationalporigin.
4p|pPpapgpe
p p p p p p p
m Review Questions & CorrectAnswers | Latest
p p p p p p p p
Update |Already GradedA+
p p p p
BrokerpJanephaspbeenpaccusedpofpaplawpviolationpregardingpcommissions.pWhichpofpthepfollowi
ngpmightpresultpinpherpbeingpfoundpguilty?
A) Janeppaidpapcommissionptopherplicensedppersonalpassistant.
B) Janeppaidpapcommissionptopthepwifepofponepofpherplicenseespwhopwasprecentlypkilledpinpa
npautopaccident.pThepdeceasedplicenseephadpearnedpthepcommissionppriorptophispdeath.
C) Janeppaidpapcommissionppluspapbonusptoponepofpherplicensees.
D) JaneppaidpapcommissionptopapFloridaplicenseepwhopispnotplicensedpinpGeorgiapforpli
censingpactivitypinpGeorgia.
➹➹➹:pD)pJaneppaidpapcommissionptopapFloridaplicenseepwhopispnotplicensedpinpGeorgiapforp
licensingpactivitypinpGeorgia.
Anypsalespersonpcanplegallypreceivepherpsharepofpthepcommissionponpapsalepfrom
A) herpemployingpbrokerponly.
B) anypcooperatingpbrokerpwithpwhompshepcompletespapsale.
C) apbuilderpsheprepresentspinpapsale
1p|pPpapgpe
,D) theppurchaserpofpthephomepinpapsuccessfulpsale.
➹➹➹:pA)pherpemployingpbrokerponly.
WhichpofpthepfollowingpispNOTpapprotectedpclasspunderpGeorgiapfairphousingplaw?
A) Sexualppreference
B) Familialpstatus
C) Religion
D) Race
➹➹➹:pA)pSexualppreference
Syedpispanpinactiveplicensee.pHepjustpmovedptopapnewphomepacrossptown.pWhatpmustphepd
o?
A) CallpthepCommissionpandpgivepitphispnewpaddress.
B) Reportpthepaddresspchangepwhenphe'spreadyptopreactivatephisplicense.
C) SendpapwrittenpnoticeptopthepCommissionpwithinp30pdays.
D) NotifyptheppostpofficeptopsendpapchangepofpaddresspnoticeptopthepCommission.
➹➹➹:pC)pSendpapwrittenpnoticeptopthepCommissionpwithinp30pdays.
Howpmanyphourspofpcontinuingpeducationpmustpaplicenseepcompletepforpeachpyearpofplicensure
?
2p|pPpapgpe
,A) 8phours
B) 9phours
C) 5phours
D) 4phours
➹➹➹:pB)p9phours
Glendapispthepofficepmanagerpforpaplocalprealpestatepfirm.pShepispresponsiblepforpcoordinati
ngptheppaperworkpflowpthroughpthepoffice,ppreparingpadspandpsupervisingpthepclericalpstaff.
Glendapis
p
A) requiredptophavepapsalesperson'splicense.
B) violatingplicenseplaw.
C) requiredptophavepapbrokerplicense.
D) exemptpfromptheplicenseplaw.
➹➹➹:pD)pexemptpfromptheplicenseplaw.
Harupispworkingpwithphispbuyersptopdrawpuppapwrittenpofferponpappropertyptheypwantptoppurchase
.pWhichpofpthepfollowingpitemspispnotprequiredpinpthepoffer?
A) Theppropertypdescription
B) Thepmortgageplender
C) Thepmethodpofppayment
D) Specialpstipulationspthepofferprequires
3p|pPpapgpe
, ➹➹➹:pB)pThepmortgageplender
Keziapjustpboughtpandpclosedponpapnewphomepthatpcostp$195,000.pherpmortgagepamountpi
sp$165,500.phowpmuchpispthepintangibleprecordingptaxponpKezia'spproperty?
A) $585
B) $195
C) $165.50
D) $496.50
➹➹➹:pD)p$496.50
*Anpintangibleprecordingptaxpispduepandppayableponpeachpinstrumentpsecuringponeporpmore
long-termpnotespatpthepratepofp$1.50pperpeachp$500
p
$165,500p÷p$500p=p331p33
1pxp$1.50p=p$496.50
SalespersonpGordonprefuseptopacceptpanpofferptoppurchasephisphomepfrompbuyerpJuanp
ValdezpofpColumbiapbecausepGordonpfeelspthepearnestpmoneypofp$100pispnotpenough.p
WhichpofpthepfollowingpstatementspaboutpGordon'sprefusalpispcorrect?
A) Gordonpispinpviolationpofpfairphousingplawpbecausephepdiscriminatedponpthepbasispofpn
ationalporigin.
4p|pPpapgpe
