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Real Estate Final Exam Questions and Answers, Exams of Real Estate Management

North Central Texas CollegeReal Estate Management

A set of multiple-choice questions and answers related to real estate principles and practices. It covers various aspects of real estate, including agency relationships, escrow procedures, ethical considerations, property management, and legal frameworks. The questions are designed to test understanding of key concepts and regulations within the real estate industry.

Typology: Exams

2024/2025

Available from 03/05/2025

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REAL ESTATE FINAL EXAM QUESTIONS WITH CORRECT ANSWERS 2025
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REAL ESTATE FINAL EXAM QUESTIONS WITH CORRECT ANSWERS 2025

What is the agency relalionship [ormed when a client asks a broker to handle multiple transactions [or them over a relatively long period of time such as a property management situation? —special agency —general agency implicit agency —dual agency — ANS-WVWGencral agency [Escrow moneys should be held in the broker's —business account —personal account escrow account -sale — ANS-WW Escrow account Wha first reviews the request for arbitration? —NAR —the president of the association —the grievance committee —the professional standards committee — ANS-¥WW The grievance committee What are the three major sections of the NAR Code of Ethics?