BARNEY FLETCHER CRAM FINAL NEWEST
EXAM 2025 WITH MULTIPLE CHOICE
QUESTIONS AND DETAILED ANSWERS WITH
RATIONALES (VERIFIED ANSWERS) ALREADY
GRADED A+ AND 100% GUARANTEE PASS
(BRAND NEW!!!!!!)
In a cooperative sale, where the listing broker and the selling
broker represent the seller, the selling broker has which of the
following relationships?
A. agent of the listing broker
B. sub agent of the listing broker
C. agent of the seller
D. sub agent of the buyer - THE CORRECT ANSWER-A. agent of the
listing broker
A broker had an exclusive right to sell agency listing. In order to
collect the commission, he must:
A. prove he was the procuring agent
B. prove he was licensed at the time of the sale
C. prove he had a ready, willing, and able buyer that met the
seller's terms
D. all of the above - THE CORRECT ANSWER-B. prove he was licensed
at the time of the sale
,A broker estimated the property lines by stating it ran between
two trees in the back yard. After closing, the buyer found it was
over six feet off. Is the broker liable?
A. no, he gave an estimate
B. no, the buyer should have gotten a survey
C. yes, he made a statement which he realized could be false
D. yes, the broker should have surveyed the property himself -
THE CORRECT ANSWER-C. yes, he made a statement which he
realized could be false
Smith has an exclusive listing with broker Jones for $220,000.
Jones finds a buyer who wants representation and Jones
represents both Smith and the buyer, verbally disclosing that he
is now representing both as clients. Has Jones violated license
law?
A. yes, because this is sub agency
B. yes, because this is undisclosed dual agency
C. no, because he disclosed to all parties that neither had to
consent to dual agency
D. no, because he disclosed to all parties that his actions may be
adverse to either party, however he would not divulge
confidential information - THE CORRECT ANSWER-B. yes, because this
is undisclosed dual agency
A buyer and seller sign an agreement to change the contract to
close on May 1 instead of May 2. This is a(n):
,A. addendum
B. special stipulation
C. amendment
D. clause - THE CORRECT ANSWER-C. amendment
When a person, upon payment of a consideration, has an
obligation to buy land at a fixed price within a specified period
of time, his right could be described as:
A. a right of first refusal
B. an option
C. a sales contract
D. either A or B - THE CORRECT ANSWER-C. a sales contract
Joan has a listing with broker Bob. A week into the listing, Joan
gets a call from broker Jill stating that the listing is now with
her. Can this happen?
A. it's ok as long as it was assignable in the original contract
B. it's ok as long as the brokers have a written contract between
them to transfer
C. never due to the statute of frauds
D. it cannot be assigned because a listing contract is a personal
services contract - THE CORRECT ANSWER-D. it cannot be assigned
because a listing contract is a personal services contract
, What type of transaction exists when there is a written contract
for a broker to receive pay from both or either party and
performs only ministerial acts for one or both parties?
A. double agency
B. transaction brokerage
C. sub agency
D. single agency - THE CORRECT ANSWER-B. transaction brokerage
When is the correct time for the salesperson to get the proper
legal description of the seller's property?
A. when filling out the offer
B. when filling out the sales contract
C. when filling out the listing
D. any time before closing - THE CORRECT ANSWER-C. when filling
out the listing
Sue acquires an option to buy a tract of land from Pete. which of
the following is NOT true?
A. Sue is the optionee and Pete is the optionor
B. the property may be purchased at the discretion of the
optionee
C. Pete may not diminish the value of the property (waste)
during the period the option is in effect
EXAM 2025 WITH MULTIPLE CHOICE
QUESTIONS AND DETAILED ANSWERS WITH
RATIONALES (VERIFIED ANSWERS) ALREADY
GRADED A+ AND 100% GUARANTEE PASS
(BRAND NEW!!!!!!)
In a cooperative sale, where the listing broker and the selling
broker represent the seller, the selling broker has which of the
following relationships?
A. agent of the listing broker
B. sub agent of the listing broker
C. agent of the seller
D. sub agent of the buyer - THE CORRECT ANSWER-A. agent of the
listing broker
A broker had an exclusive right to sell agency listing. In order to
collect the commission, he must:
A. prove he was the procuring agent
B. prove he was licensed at the time of the sale
C. prove he had a ready, willing, and able buyer that met the
seller's terms
D. all of the above - THE CORRECT ANSWER-B. prove he was licensed
at the time of the sale
,A broker estimated the property lines by stating it ran between
two trees in the back yard. After closing, the buyer found it was
over six feet off. Is the broker liable?
A. no, he gave an estimate
B. no, the buyer should have gotten a survey
C. yes, he made a statement which he realized could be false
D. yes, the broker should have surveyed the property himself -
THE CORRECT ANSWER-C. yes, he made a statement which he
realized could be false
Smith has an exclusive listing with broker Jones for $220,000.
Jones finds a buyer who wants representation and Jones
represents both Smith and the buyer, verbally disclosing that he
is now representing both as clients. Has Jones violated license
law?
A. yes, because this is sub agency
B. yes, because this is undisclosed dual agency
C. no, because he disclosed to all parties that neither had to
consent to dual agency
D. no, because he disclosed to all parties that his actions may be
adverse to either party, however he would not divulge
confidential information - THE CORRECT ANSWER-B. yes, because this
is undisclosed dual agency
A buyer and seller sign an agreement to change the contract to
close on May 1 instead of May 2. This is a(n):
,A. addendum
B. special stipulation
C. amendment
D. clause - THE CORRECT ANSWER-C. amendment
When a person, upon payment of a consideration, has an
obligation to buy land at a fixed price within a specified period
of time, his right could be described as:
A. a right of first refusal
B. an option
C. a sales contract
D. either A or B - THE CORRECT ANSWER-C. a sales contract
Joan has a listing with broker Bob. A week into the listing, Joan
gets a call from broker Jill stating that the listing is now with
her. Can this happen?
A. it's ok as long as it was assignable in the original contract
B. it's ok as long as the brokers have a written contract between
them to transfer
C. never due to the statute of frauds
D. it cannot be assigned because a listing contract is a personal
services contract - THE CORRECT ANSWER-D. it cannot be assigned
because a listing contract is a personal services contract
, What type of transaction exists when there is a written contract
for a broker to receive pay from both or either party and
performs only ministerial acts for one or both parties?
A. double agency
B. transaction brokerage
C. sub agency
D. single agency - THE CORRECT ANSWER-B. transaction brokerage
When is the correct time for the salesperson to get the proper
legal description of the seller's property?
A. when filling out the offer
B. when filling out the sales contract
C. when filling out the listing
D. any time before closing - THE CORRECT ANSWER-C. when filling
out the listing
Sue acquires an option to buy a tract of land from Pete. which of
the following is NOT true?
A. Sue is the optionee and Pete is the optionor
B. the property may be purchased at the discretion of the
optionee
C. Pete may not diminish the value of the property (waste)
during the period the option is in effect
