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Real Estate Agent Exam
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Real Estate Agent Exam
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9 Questions

1. A real estate broker verbally agreed to split a commission with an unlicensed person.
2. A water company's right to run a water line through private property would most likely be _____.
3. A contract performed fully as stipulated in the contract document is _____.
4. Real estate is considered to be immobile and indestructible. Another physical characteristic of all real estate parcels is that they _____________.
5. Which of the following is pre-determined compensation that may be due to the seller if the buyer defaults on a real estate purchase contract?
6. A covenant that becomes part of the property rights and binds successive property owners is a covenant that _____________.
7. When a property owner's fence rests on the land belonging to the adjacent property owner, the fence is _____________ on the adjacent property.
8. The broker's duty to make sure all money matters associated with any transaction are carefully tracked is the broker's duty of _____.
9. An ALTA policy of title insurance protects the _____.

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