Colibri Maryland Real Estate Salesperson Final Assessment (Qns & Ans) 2026

Colibri Maryland Real Estate Salesperson Final Assessment (Qns & Ans) 2026

1. Which of the following strategies is a form of risk avoidance?
 - A) Purchasing insurance
 - B) Diversifying investments
 - C) Choosing not to engage in a risky transaction
 - D) Implementing safety protocols
 ANS: C) Choosing not to engage in a risky transaction
2. What is the primary purpose of a risk assessment in real
estate?
 - A) To increase property values
 - B) To identify potential risks and mitigate them
 - C) To enhance aesthetics
 - D) To comply with local zoning laws
 ANS: B) To identify potential risks and mitigate them
3. In risk management, what does the term 'risk transfer'
commonly refer to?
 - A) Selling property to a third party
 - B) Purchasing insurance to cover potential losses

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