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COLIBRI REAL ESTATE 30 HOUR FINAL PA EXAM 2024/2025 QUESTIONS WITH DETAILED VERIFIED AND 100% CORRECT ANSWERS ACTUAL BRAND-NEW EXAM ALREADY GRADED A+ $18.99
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COLIBRI REAL ESTATE 30 HOUR FINAL PA EXAM 2024/2025 QUESTIONS WITH DETAILED VERIFIED AND 100% CORRECT ANSWERS ACTUAL BRAND-NEW EXAM ALREADY GRADED A+
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COLIBRI REAL ESTATE 30 HOUR FINAL PA EXAM 2024/2025 QUESTIONS WITH DETAILED VERIFIED AND 100% CORRECT ANSWERS ACTUAL BRAND-NEW EXAM ALREADY GRADED A+

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  • October 20, 2024
  • 115
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers

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  • COLIBRI REAL ESTATE

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COLIBRI REAL ESTATE 30 HOUR FINAL PA
EXAM 2024/2025 QUESTIONS WITH
DETAILED VERIFIED AND 100% CORRECT
ANSWERS ACTUAL BRAND-NEW EXAM
ALREADY GRADED A+




Which of these activities is appropriate to do within the
first few days of obtaining a listing?
A. Discuss modifying the listing price
B. Discuss protected classes for he sellers do not want
to show the home to
C. Require seller to pay for formal appraisal
D. Have managing broker send a "thank you for listing"
letter to the sellers - ....ANSWER...D. Have managing
broker send a "thank you for listing" letter to the sellers


How does the Federal Reserve control the money
supply?
A. They set the range of acceptable loan amounts
B. All loan underwriters are employed by the federal
reserve
They tell lenders what percentage of assets they
must keep as reserves
1

,D. They set the number of London that can be made -
....ANSWER...C. They tell lenders what percentage of
assets they must keep as reserves


A seller decided to back out of a sales contract for no
good reason. What recourse does the buyer have?




2

, To sue for specific performance
B. To sue the states recovery fund
C. No recourse
D. Sue the sellers broker for breaking the contract -
....ANSWER...A. To sue for specific performance


Bobbie decided to redeem her property after a tax
sale. Bobbie exercised her ______ ?
A. Legal right of rescission
Statutory right of redemption
C. Optional right of disclosure
D. Requires right of recourse - ....ANSWER. B.
Statutory right of redemption


Should a licensee who represents both the buyer and
seller tell the buyer about material defects on the seller's
property?
A. No, material defects cannot be shared with the
buyer when dual agency exists
Yes, any defects known to the broker should have
been disclosed to the buyer
C. No, the broker can only disclose material facts that
the seller tells him to disclose


3

, D. No, caveat emptor would apply - ....ANSWER...B.
Yes, any defects known to the broker should have
been disclosed to the buyer


Unlike buyer/seller agency agreements that create
_________, the management agreement creates
________?
A. General agency, special agency
B. Universal agency, special agency
C. Special agency, universal agency
D. Special agency, general agency - ....ANSWER...D.
Special agency, general agency


The cost to replace an improvement with original
materials is known as ____?
A. Replacement cost
B. Placebo cost
C. Cloning cost
D. Reproduction cost - ....ANSWER...D. Reproduction
cost


Which of the following legal description methods has
been used the longest in the US?


4

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