Real Estate Licensing Prep I

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The Commission issues a license to a salesperson after:

The person has at least 6 years sales experience.

The person is 25 years old.

The person has finished 3 classes.

The person has met all the requirements for a license. (correct)

The Education Standards Advisory Committee is made up of:

12 members (correct)

13 members

9 members

14 members

A deed is used to transfer ownership of real estate. A bill of sale would be used to transfer ownership of:

A mortgage

Personal property (correct)

A deed of trust

A house and 2 acres of land

Annual plants are called fructus industriales or emblements and are:

Personal property Signup and view all the answers

When someone owns property to the exclusion of all other persons, this person is said to hold the property in:

Severalty Signup and view all the answers

A person who owns a property in severalty:

Is the sole owner of the property Signup and view all the answers

Price-fixing, boycotting, and allocation of customers or markets are violations of:

Antitrust acts Signup and view all the answers

An agency relationship is always created at the:

Broker level Signup and view all the answers

When the broker represents both the seller and buyer in the same transaction, the broker is acting as:

Intermediary Signup and view all the answers

Discrimination in housing on the basis of race is prohibited by:

Civil Rights Act of 1866 Signup and view all the answers

Real Estate Licensing Prep I

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Questions and Answers

The Commission issues a license to a salesperson after:

The Education Standards Advisory Committee is made up of:

A deed is used to transfer ownership of real estate. A bill of sale would be used to transfer ownership of:

Annual plants are called fructus industriales or emblements and are:

When someone owns property to the exclusion of all other persons, this person is said to hold the property in:

A person who owns a property in severalty:

Price-fixing, boycotting, and allocation of customers or markets are violations of:

An agency relationship is always created at the:

When the broker represents both the seller and buyer in the same transaction, the broker is acting as:

Discrimination in housing on the basis of race is prohibited by:

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