Chapter 10 Quiz

The duties of the director of the state real estate licensing agency include all of the following except:

Which person is someone who has the option of opening her own brokerage, but instead chooses to work for another broker?

Which of the following is typically NOT a requirement to receive a broker’s license?

All of the following activities could be considered unlawful price fixing in violation of antitrust laws, except:

A salesperson’s license renewal won’t be affected by a failure to:

Which of the following is the first step in the disciplinary process?

If a disciplinary hearing shows that the accused licensee violated the license law, the director typically may:

Which of the following is NOT true concerning a recovery fund?

When a salesperson terminates her relationship with a broker, the broker should:

Which of the following is not something that state recordkeeping laws usually require keeping a copy of?

A broker temporarily deposits a customer’s good faith deposit in her personal account. Several days later she moves it to a designated trust account. She has engaged in:

Which of the following would generally NOT violate the license law?

A blind ad:

Which of the following would NOT be grounds for disciplinary action?

A broker agrees to sell a lot to a developer, but only if the developer agrees to list the completed home with the broker. This is: