ACTUAL Exam Questions and CORRECT
Answers
6 things a licensee cannot do without a written buyer agency agreement - CORRECT
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 offer with the buyer
6) Engage in any verbal or written negotiations concerning purchase price, terms, or conditions
The one exception where a licensee can perform duties for a buyer without a written buyer
agency agreement - CORRECT ANSWER - The licensee is going to represent the buyer
with an agency disclosure notice stating that the licensee represents the seller
Where would you get a list of hazardous waste conditions and properties on which shooting and
hunting takes place - CORRECT ANSWER - Town clerk office
What is the name of the list in where hazardous waste conditions and properties in which hunting
takes place would be found - CORRECT ANSWER - Energy and Environmental
Protection lists
How many members make up the commission? How many brokers and how many licensed
salespeople? - CORRECT ANSWER - 8 members. Three brokers and two licensed
salespeople.
Who collects licensing fees and who are they deposited with? - CORRECT ANSWER -
The commission collects licensing fees and deposits them with the state treasurer to become part
of the general fund.