PSI 229 Test Practice Questions with 100% Correct Answers | Verified | Latest Update|70 Pages

Agency disclosure requirements apply in all of the following transactions EXCEPT A) resale of foreclosed properties B) commercial leases C) new construction D) multifamily sales - ️️B) commercial leases The period of time over which an improvement to the property will remain useful for its original purpose is known as its a. amortized life. b. chronological life. c. actual life. d. economic life. - ️️d. economic life The SC Real Estate Commission may investigate for all of the following reasons EXCEPT A) its own initiative B) a written complaint submitted by an agent about a cooperative commission arrangement C) the director has reason to believe that a licensee is affiliated to practice a written complaint submitted by a disgruntled customer - ️️B) a written complaint submitted by an agent about a cooperative commission arrangement