3.5

Question 0

Agents are required to disclose ________ facts to prospective buyers.

Answer 0

Material

Question 1

It should be a red flag to a real estate consumer if an agent asks the _______ to make the check payable to the agent.

Answer 1

Buyer or seller

Question 2

______ are facts that may adversely and significantly affect a buyer’s use or enjoyment of the property.

Answer 2

Material facts

Question 3

The listing agent should provide a _______ to support the suggested listing price.

Answer 3

Market analysis

Question 4

Agents must provide a consumer with a/an agency disclosure form at the first ______ contact with the consumer.

Answer 4

Substantive

Question 5

Dual agency requires informed consent of ________.

Answer 5

All parties to the transaction

Question 6

Consumers should not be asked to sign any real estate related documents that are blank or _______.

Answer 6

Incomplete

Question 7

_______ is the type of freehold estate in which the owner has unconditional power.

Answer 7

Fee simple absolute

Question 8

A leasehold estate that exists when a tenant remains in possession of property after the expiration of the lease is called ________.

Answer 8

Tenancy at sufferance