chapters 11-13 idaho real estate Quiz

chapters 11-13 idaho real estate Quiz

35 Qs

quiz-placeholder

Similar activities

ID Real Estate Agencies Quiz

ID Real Estate Agencies Quiz

Real Estate Quiz

Real Estate Quiz

Brokerage Business; Sale Contracts

Brokerage Business; Sale Contracts

RE - Review.Fidicuary.Law

RE - Review.Fidicuary.Law

Georgia Rules and Regulations

Georgia Rules and Regulations

chapters 11-13 idaho real estate Quiz

chapters 11-13 idaho real estate Quiz

Assessment

Quiz

Professional Development

Easy

Created by

Kailee Guentzel

Used 2+ times

FREE Resource

AI

Enhance your content in a minute

Add similar questions
Adjust reading levels
Convert to real-world scenario
Translate activity
More...

35 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When is a prospective buyer or seller to receive the agency disclosure brochure?

Upon the first meeting

Prior to writing a contract

Before closing a transaction

First substantial business contact

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the purpose of the buyer or seller signing the agency disclosure brochure?

To establish a client relationship

To create a customer relationship

To acknowledge receiving the brochure

To secure a real estate activity

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If a buyer is a ‘customer’ and not a ‘client’, what duties must the agent extend to the ‘customer’?

None, unless there is a written contract

Must collect fee or commission from another party to a transaction

Disclose adverse material facts

Verify accuracy of statements made by a seller

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A Exclusive Buyer Representation Agreement will:

Be binding only when an offer and acceptance has been completed

Disallow the buyer from previewing property without their agent

Create a legally binding contract

Bind the buyer for an unlimited time

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A real estate agent would be classified with what type of agency?

Universal

General

Special

Specific

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The Idaho Brokerage Representation Act was created to identify obligations between the consumer and the:

Buyer

Seller

Real estate licensee

Real estate brokerage

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How many types of agency can be practiced in Idaho?

One

Two

Three

Four

Create a free account and access millions of resources

Create resources

Host any resource

Get auto-graded reports

Google

Continue with Google

Email

Continue with Email

Classlink

Continue with Classlink

Clever

Continue with Clever

or continue with

Microsoft

Microsoft

Apple

Apple

Others

Others

Already have an account?