Real Estate License and Practices Quiz CHP1

Real Estate License and Practices Quiz CHP1

Professional Development

10 Qs

quiz-placeholder

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Real Estate License and Practices Quiz CHP1

Real Estate License and Practices Quiz CHP1

Assessment

Quiz

Others

Professional Development

Practice Problem

Easy

Created by

Valencia Cagiano

Used 2+ times

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10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are the three categories of real estate licenses under Chapter 475, Part I?

Broker Associate, Property Manager, Appraiser

Sales Associate, Appraiser, Business Broker

Broker, Appraiser, Property Manager

Broker, Sales Associate, Broker Associate

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is NOT a listed service of real estate?

Buy

Barter

Lease

Auction

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What type of knowledge is NOT expected from a real estate licensee?

Prepare deeds or mortgages

How to market real estate

Knowledge of market conditions

Knowledge of property transfer

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which function does NOT require a real estate license?

Leasing

Property Management

Land Development

Sales

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a business broker specialized in?

Community association management

Property management

Sale, purchase, or lease of business enterprises and opportunities

Land development

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the term for specializing in a particular geographic area in real estate?

Area focus

Geographic specialization

Market segmentation

Target marketing

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who does a property manager represent?

Community association

Real estate broker

Tenant

Landlord

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