REAL ESTATE U FINAL EXAM QUESTIONS AND ANSWERS

REAL ESTATE U FINAL EXAM QUESTIONS AND ANSWERS
Question :The Department of State's ability to enforce license
laws through reprimand and denial as well as the suspension
and revocation of licenses is known as...?
Correct answer:Administrative Discipline
Question :To mingle or mix funds is known as what...?
Correct answer:Commingling
Question :Chris is a real estate broker involved in a
residential transaction. When Chris illegally places his
client's funds into his personal account, what is he engaged
in...?
Correct answer:Commingling of Funds
Question :The post-license education required by
salespersons and brokers is known as what...?
Correct answer:Continuing Education
Question :Conditions under which a property condition
disclosure statement is not required is known as a/an...?
Correct answer:Exemption

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