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The CE Shop Pre-Licensing Course – Quizzes with complete solutions
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The CE Shop Pre-Licensing Course – Quizzes
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The CE Shop Pre-Licensing Course –Quizzes
What are two primary categories of real estate characteristics?
1. Economic
2. Material
3. Substantive
4. Physical
Emily is licensed to run her own firm and manage its activities. Emily is a:
1. Broker
2. Salesperson
1. Broker
Carlos, a licensed professional with more than 10 years of experience, provides brokerage
services and supervises the associated licensees who work for him. Carlos is a:
1. Broker
2. Salesperson
1. Broker
Kim is a licensed professional with fewer than three years of experience providing brokerage
services. Kim is a:
1. Broker
2. Salesperson
2. Salesperson
Delia is a relatively new licensee who works with clients who sign agreements with the firm that
she works for. She loves the real estate business and hopes in a few years' time to become a sole
proprietorship. Delia is a:
1. Broker
2. Salesperson
2. Salesperson
Andrew's license allows him to provide brokerage services as long as his actions are supervised.
Andrew is a:
1. Broker
2. Salesperson
, 2. Salesperson
Quentin is licensed to supervise the licensees who work for his firm and is liable for their
actions. Quentin is a:
1. Broker
2. Salesperson
1. Broker
Raoul has an appointment today to check out and report on the condition of a property on 68th
Street. Raoul is a:
1. Home inspector
2. Appraiser
1. Home inspector
Patti lives and works in Hawaii. As part of Patti's job, she is required to pass a nationally
recognized certification program. Patti is a:
1. Home inspector
2. Appraiser
1. Home inspector
Sonja estimates a property's value based on established valuation guidelines. Sonja is a:
1. Hone inspector
2. Appraiser
2. Appraiser
Annalise works for a bank that specializes in home mortgage loans. However, on occasion, if the
deal is not too risky, she and her bank will agree to finance development/construction projects.
Annalise is a:
1. Investor
2. Lender
2. Lender
Rolf is an independent businessman. He has recently funded a land development project that he
believes is going to result in some excellent returns. Rolf is a:
1. Investor
2. Lender
1. Investor
Stefan is patting himself on the back and doing a happy dance because a development project
that he funded is bringing in some fantastic returns. The homes in the new subdivision are selling
like hotcakes. Stefan is a:
1. Investor
2. Lender
1. Investor
A friend of Mark's recently applied for a loan to fund a new land development project he is
planning. Mark has done the research and run the numbers, and he knows that his friend is not
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