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Question 1 of 10
1. Question
Your seller client is relocating to another city for a job and needs to sell his property hurriedly. Choose below what you can do.
Correct
This message is confidential and requires to be maintained as top secrecy.
Incorrect
This message is confidential and requires to be maintained as top secrecy.
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Question 2 of 10
2. Question
What message does not have to be divulged to the seller client?
Correct
A property’s buyer’s monetary strength is considered vital because it is needed for a deal to go through.
Incorrect
A property’s buyer’s monetary strength is considered vital because it is needed for a deal to go through.
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Question 3 of 10
3. Question
Why does the federal and local level hold the fair housing rules?
Correct
House discrimination is not allowed in the real estate field. Federal laws are introduced to fight discrimination both at the federal and local levels.
Incorrect
House discrimination is not allowed in the real estate field. Federal laws are introduced to fight discrimination both at the federal and local levels.
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Question 4 of 10
4. Question
Which of the following statement is not a discriminatory action?
Correct
The real estate agents in the United States obey and follow the housing laws laid down by both the federal and the local levels.
Incorrect
The real estate agents in the United States obey and follow the housing laws laid down by both the federal and the local levels.
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Question 5 of 10
5. Question
The following are different kinds of the prohibited language in real estate. Which one is not?
Correct
During promoting different properties in real estate, the salespersons are required to use certain acceptable language. On the other hand, there is a language that cant be used because of its nature .i.e., it is not suitable. HUD provides the suitable language to be used.
Incorrect
During promoting different properties in real estate, the salespersons are required to use certain acceptable language. On the other hand, there is a language that cant be used because of its nature .i.e., it is not suitable. HUD provides the suitable language to be used.
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Question 6 of 10
6. Question
Which of the following legislative actions is wrongly indicated with when it was added?
Correct
The Civil Rights Act was composed in 1866 to prevent racism.
Incorrect
The Civil Rights Act was composed in 1866 to prevent racism.
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Question 7 of 10
7. Question
What is the practice of inducing fear by claiming that people with the lowest social rank are moving to occupy the neighborhood?
Correct
Blockbusting is the practice to persuade the property owners to dispose of their property cheaply due to invasion of the lower class people or another race into the neighborhoods.
Incorrect
Blockbusting is the practice to persuade the property owners to dispose of their property cheaply due to invasion of the lower class people or another race into the neighborhoods.
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Question 8 of 10
8. Question
To what amount of money can an individual or an institutional charged due to violation of the third rule of fair housing?
Correct
Anyone going against the federal fair housing rules faces the law and is penalized. The third law attracts a high fine of $ 50000.
Incorrect
Anyone going against the federal fair housing rules faces the law and is penalized. The third law attracts a high fine of $ 50000.
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Question 9 of 10
9. Question
Christine, a well-wisher, wants to give away property to an orphanage group. She is also willing to give out the property title as soon as they build a dwelling. What kind of estate is Christine establishing?
Correct
The orphanage group must first build the dwelling before they are issued with a title. The word ‘precedent’ in the kind of state means before, and so the ownership of the property is passed only after the dwelling is built.
Incorrect
The orphanage group must first build the dwelling before they are issued with a title. The word ‘precedent’ in the kind of state means before, and so the ownership of the property is passed only after the dwelling is built.
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Question 10 of 10
10. Question
Which of the following is not a common water right?
Correct
Real estate owners have to familiarize themselves with the real estate’s rights to know what’s going on now and then. Land next to a body of water has inherent rights in relation to the body of water. Every state has its laws though they share some.
Incorrect
Real estate owners have to familiarize themselves with the real estate’s rights to know what’s going on now and then. Land next to a body of water has inherent rights in relation to the body of water. Every state has its laws though they share some.