5 Questions
Which term refers to someone who hires an agent to represent them?
Principal
What is a good practice when selling a property?
The seller fills out the Seller's Disclosure Notice
True or False: A real estate brokerage firm that practices buyer agency only has a lot of intermediary transactions.
False
Which of the following is a statutory defense for a lawsuit brought about by DTPA?
Written information obtained from a government record
What is the term for a person who represents a client in legal matters?
Lawyer
Test your knowledge of real estate terms with this quiz! From understanding the role of a principal to the importance of seller's disclosure notices, this quiz will put your real estate knowledge to the test. Perfect for agents, brokers, and anyone interested in the world of real estate.
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