Colibri School Exam NJ 2025 COMPLETE EXAM QUESTIONS AND
Colibri School Exam NJ 2023
VERIFIED ANSWERS |RECENTLY TESTING REAL EXAM QUESTIONS|
Study online at https://quizlet.com/_d192h3
100% SOLVED!!
1. In a real estate transaction the principal would BEST be Person represented by an
described as the agent
2. Bert is showing his buyer a home in a historic district. Actual fraud
The buyer mentions in passing that she would like to
place solar panels on the roof. Beet knows that the
homeowners association CC&Rs would prohibit this to
protect the historic character of the neighborhood, but
he doesn't tell the buyer for fear she'll loose interest in
the house. Bert has committed
3. Which situation is NOT EXEMPT from the provisions of Barb is an owner-occupant
federal fair housing laws, assuming no discriminatory of a duplex who will lease
advertising is used and a licensee is not involved? the other unit only to a
white woman
4. Danita gets a deed of trust from ABC bank to finance A trustee
the purchase of a house in Sunny Acres, a new subdivi-
sion. While the loan is outstanding, who holds the title
to Danita property?
5. Which of these phrases would LEAST likely be evidence "We would like to sug-
of a conspiracy to commit an antitrust violation if said gest that you use Ace Title
by a licensee? Agency for the closing."
6. Which lease tenancy is engaged in by a holdover ten- tenancy at sufferance
ant?
7. RESPA applies to ___________ financed by a federally one- to four-family resi-
regulated loan. dences.
8. An acceleration clause in a mortgage allows the lender Declare the loan due if the
to buyer defaults
1/2
Colibri School Exam NJ 2023
VERIFIED ANSWERS |RECENTLY TESTING REAL EXAM QUESTIONS|
Study online at https://quizlet.com/_d192h3
100% SOLVED!!
1. In a real estate transaction the principal would BEST be Person represented by an
described as the agent
2. Bert is showing his buyer a home in a historic district. Actual fraud
The buyer mentions in passing that she would like to
place solar panels on the roof. Beet knows that the
homeowners association CC&Rs would prohibit this to
protect the historic character of the neighborhood, but
he doesn't tell the buyer for fear she'll loose interest in
the house. Bert has committed
3. Which situation is NOT EXEMPT from the provisions of Barb is an owner-occupant
federal fair housing laws, assuming no discriminatory of a duplex who will lease
advertising is used and a licensee is not involved? the other unit only to a
white woman
4. Danita gets a deed of trust from ABC bank to finance A trustee
the purchase of a house in Sunny Acres, a new subdivi-
sion. While the loan is outstanding, who holds the title
to Danita property?
5. Which of these phrases would LEAST likely be evidence "We would like to sug-
of a conspiracy to commit an antitrust violation if said gest that you use Ace Title
by a licensee? Agency for the closing."
6. Which lease tenancy is engaged in by a holdover ten- tenancy at sufferance
ant?
7. RESPA applies to ___________ financed by a federally one- to four-family resi-
regulated loan. dences.
8. An acceleration clause in a mortgage allows the lender Declare the loan due if the
to buyer defaults
1/2
