EXAMINATION 2026 FULL QUESTIONS AND
100% CORRECT ANSWERS GUARANTEED TO
PASS
◉ A portion of an advertisement reads: "New four-bedroom, two-
bath home for sale in a family neighborhood. Yours for only $1,100
per month." This advertisement VIOLATES the provisions of the:
Answer: Truth in Lending and Fair Housing Acts
◉ The CERCLA is administered by the: Answer: Environmental
Protection Agency (EPA)
◉ A net lease affords the lessee the: Answer: deduction for real
estate taxes
◉ If a broker lists a property and agrees to net the seller $83,000
after the broker's 6% commission is paid, the property must be sold
for a MINIMUM of: Answer: $88,298
◉ Which of the following items would have to be disclosed to
prospective buyers by the listing broker? Answer: a defect existing in
the property being offered
, ◉ The presence of government-regulated wetlands on a building lot:
Answer: is a material fact
◉ The direct sales comparison (market data) approach would be
MOST appropriate for establishing the value of a: Answer: 5-year old
single family residence
◉ Potential buyers tell their sales agent that they are worried about
the presence of radon gas in a home they are thinking about buying.
What SHOULD the sale agent say? Answer: "I suggest that a radon
inspection be performed."
◉ The federal act that provides the funds for waste management and
solutions for cleanup is the : Answer: Comprehensive Environmental
Response, Compensation, and Liability Act (CERCLA)
◉ The final decision in establishing the listing price is made by the:
Answer: seller
◉ When a broker lists a property that is owned by a married couple
as joint tenants, the broker SHOULD make sure that the listing
agreement is signed by: Answer: the broker and both of the spouses