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Question 1 of 30
An example of personal property is:
Question 2 of 30
The highest degree of ownership is:
Question 3 of 30
The mortgagor is the:
Question 4 of 30
Antitrust laws involve:
Question 5 of 30
Which law addresses that all real estate sales contracts must be in writing to be valid and enforceable?
Question 6 of 30
Illegal discrimination in credit transactions is addressed in the:
Question 7 of 30
Real estate salesperson Sara cannot cold call which group?
Question 8 of 30
Bob wants to do a mass email marketing campaign. Which laws require an opt-out feature as part of his emails?
Question 9 of 30
If real estate salesperson Fred violates the Do Not Call laws, which might happen?
Question 10 of 30
Which of the following is permitted under the Can Spam Act?
Question 11 of 30
Which of the following statements is most true?
Question 12 of 30
Which is most true about federal and state Antitrust laws?
Question 13 of 30
ABC Realty and XYZ Realty agree during a meeting to raise their commission rates to 6% for listings under $100,000. Said practice is:
Question 14 of 30
The Real Estate Settlement Procedures Act:
Question 15 of 30
Tom has agreed to sell his house to Sara. Sara has agreed to buy Tom’s house. This is best described as what type of agreement?
Question 16 of 30
Which is a contract involving only one promise?
Question 17 of 30
A bilateral contract involves promises from how many parties?
Question 18 of 30
The seller promises to pay only the broker who finds the buyer. The seller retains the right to find her own buyer and pay none of the three brokers who have signed the agreement if she does so. This is:
Question 19 of 30
How many protected classes are covered by Federal Fair Housing Laws?
Question 20 of 30
Question 21 of 30
Is it legal to refuse a buyer’s offer because of the buyer’s race?
Question 22 of 30
Sex and Familial Status are:
Question 23 of 30
Are there potential state and local fair housing laws in addition to the Federal Fair Housing laws?
Question 24 of 30
A real estate sales contract must be in writing to be valid and enforceable per:
Question 25 of 30
On average, Tom Terrific makes about 10 home loans a month. All of his business comes from 5 very productive real estate agents. Which statement about this activity is true if Tom gives each agent football tickets for each referral that closes?
Question 26 of 30
Do the Antitrust laws cover more than price fixing?
Question 27 of 30
When two parties verbally agree to a contract to sell a property for $475,000 and all other terms, is this a valid contract?
Question 28 of 30
A seller loans the buyer $10,000 to assist with the buyer’s down payment. The seller agrees to repay the loan in monthly installments. The primary lender is not made aware of this agreement. This is an example of:
Question 29 of 30
Is a lease considered a contract?
Question 30 of 30
Does a sales contract need to be on a standard form to be valid and enforceable?