practice 111.docx - 1 The real estate marketplace is a...

1- The real estate marketplace is a stratified marketplace. stratified
means that The market place is not the same in different in different
price ranges
2- Most real estate agents are involved primarily in the sale of
Residential Property
3- The RIS will treat the real estate salesperson as an independent
contractor if 3 criteria are met. These criteria include
All of these
4- In choosing a broker, a new licensee should place primary
consideration on
Commission schedules
5- Rehearsing presentation is a form of
Role-playing
6- As to ethical conduct, a good rule of thumb is
Both if it’s illegal, it is unethical and if it is legal its ethical
7-The Civil Rights Act that applied to race only was the
Civil Right Act of 1866

8-The Civil Rights Act that only applies to discrimination by business is
the
Unruh Act
9-An Act of congress that specifically reaffirmed the Civil Rights Act of
1866 was the
Civil Rights Act of 1968
10-The 1968 Federal Fair Housing Act, as amended, prohibits
discriminatory practices and provides protection
All of these
11-Advertising a home for sale in a minority area exclusively in a paper
aimed at that minority group
Steering
12-Familial Statue protection prevents discrimination against
All of these
13-Handicapped protection under the Fair Housing Act, as amended
includes protection for persons
Both are mentally handicapped and have AIDS.

14- The agency or office responsible for handling violation of Rumford
Fair Housing Act is the
Department of Fair Employment and Housing
15- Which of the following agents need to provide an agency disclosure
Selling agents working with the buyer
16- Agent inspection disclosure requirements apply to
1 to 4 residential units
17- A visually evidence condition that should alert a reasonably diligent
real estate agent as to a problem
A red flag
18- Seller financing disclosure should include
All of these
19-Invironmental hazards include
All of these
20- Buyers have statutory rescission rights in sales involving
Both Time shares and undivided -interest subdivision
21- a real estate agent was found to have made 10 solicitations calls in
violation of the do not call registry could be imposed
16000
22-legal notices that can be a source for listing include

All of these