, COLIBRI REAL ESTATE FINAL EXAM
2024/2025
Why is the condition of bearing walls more important than non bearing walls? - Precise Answer
✔✔Bearing walls support the ceiling and the roof.
Owner Tom decided to lease out his basement to a college student. By leasing the basement, Tom has -
Precise Answer ✔✔transferred a portion of his bundle of rights
What is a forecast of income and expenses that can be projected over five years? - Precise Answer
✔✔Stabilized budget
A buyer told broker Lena that she wants to move to Cuban neighborhood. Then the buyer asked if Lena
could show her the best home in a Cuban area. How should Lena respond to this request? - Precise
Answer ✔✔Lena should explain to the buyer that she ethically and legally cannot recommend housing
based on national origin.
Which of the following wills may be considered invalid? - Precise Answer ✔✔A will that is not signed.
Broker Torrey hires salesperson Wes as an independent contractor. As an independent contractor, Wes
can expect which of the following from Broker Torrey? - Precise Answer ✔✔Performance Expectations
Which of the following statements best describes what happens with a judicial foreclosure? - Precise
Answer ✔✔The mortgaged property is sold under the supervision of a court.
Which of the following best describes the principle of conformity? - Precise Answer ✔✔A home
maintains its highest value by being in a neighborhood with similar-type housing.
The cost of doing direct mail advertising depends on - Precise Answer ✔✔The frequency of the mailings
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