final colibri real estate exam PT Questions and Answers | 100% Pass
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Course
Colibri Real Estate
Institution
Colibri Real Estate
final colibri real estate exam PT
Questions and Answers | 100% Pass
Who can train office staff at a brokerage firm in weekly meetings? - Answer-All of
the above
Which step in the construction building process is likeliest to be first? - Answer-
Grading
Without legal capacity and mutual consen...
The listing broker and selling broker agree to share the commission equally. What will
the listing agent receive if the agent is scheduled to get a 65% share from his broker? -
Answer✔✔-$3,908
Who is required to be the trustee for a brokerage trust account fund? - Answer✔✔-
Principal Broker
Under what type of contract is a seller obligated to sell, but the buyer is not obligated to
buy? - Answer✔✔-Option
What is the name for the act of spending client funds without permission from a trust
fund account? - Answer✔✔-Conversion
What must a licensee first obtain before engaging in property management? -
Answer✔✔-A current written property management agreement.
When may a REALTOR® accept a rebate for services or suggest the use of services of
a business entity in which they have direct interest in? - Answer✔✔-Only with their
client's knowledge and consent.
What type of bank accounts are trust funds placed into once received from clients? -
Answer✔✔-Non-interest bearing accounts
What is "one click away" as it relates to the real estate profession? - Answer✔✔-
When a viewer online can find the agent's contact information with just one click of the
mouse, smartphone, or keyboard
2/15
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