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1. According to the CAN-SPAM Act, every email advertisement for real estate services must do all of the following EXCEPT
A) advise the recipient that it will take 180 days to remove the recipient's name from this email list.
B) allow a method for the recipient to opt out and not receive future emails.
C) clearly indicate the nature of the content of the email.
D) inform the recipient of the name and location of the brokerage firm.
2. The broker has a single agency relationship with the seller. The broker will show the property to a buyer who is a customer. The broker must disclose that the
A) seller does not like the next door neighbor.
B) home has a lake view.
C) home has a leaky roof in heavy rains.
D) seller needs to move soon.
3. Licensee A and Licensee B work for a principal broker for ABC Realty. For Licensee A, the principal broker supervises the work as a listing/buyer's agent, collects commissions, and pays out based on their commission split agreement. Licensee A works from home and attends training meetings at the office. Licensee B works 8 a.m. to 4 p.m. in the ABC Realty office for relocations, showing local properties to relocating clients.
Licensee B is licensed to show homes and submits offers for purchase from individuals who are relocating but is paid by salary based on hours worked, with a bonus for production. What are Licensee A and B's relationships with ABC Realty?
A) Licensee A and Licensee B are both employees.
B) Licensee A is a contractor and Licensee B is an employee.
C) Licensee A and Licensee B are both contractors.
D) Licensee A is an employee and Licensee B is a contractor.
4. A buyer makes an offer on a property and asks the Seller's broker to recommend a good home inspector. The Seller's broker may
A) Provide business cards of local home inspectors.
B) Recommend a specific home inspector.
C) Provide the complete list of home inspectors prepared by the Commonwealth of Massachusetts.
D) Provide a list of no fewer than 20 licensed home inspectors in the county where the property is located.
5. A private integrated club refused to rent one of its condos to a minority family. The club explained that it did not rent the condos to the public since the condos were for members only. Is the club in violation of the federal Fair Housing Act, and if so, how?
A) Yes, because the club had minority members, and therefore was not eligible for exemptions from the federal Fair Housing Act.
B) No, because a private club may restrict the rental of its own lodgings to its members as long as the lodgings are not operated commercially.
C) Yes, because when race is involved, no exceptions to the federal Fair Housing Act exist.
D) No, because as an integrated club, they could discriminate on the basis of race in renting facilities.
Solutions:
Question # 1 Answer: A | Question # 2 Answer: C | Question # 3 Answer: B | Question # 4 Answer: C | Question # 5 Answer: C |
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