Real Estate > QUESTIONS & ANSWERS > PSI Exam State-Brokerage activities and requirements. Questions with Accurate Answers. Rated A (All)

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PSI Exam State-Brokerage activities and requirements. Questions with Accurate Answers. Rated A

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PSI Exam State-Brokerage activities and requirements. Questions with Accurate Answers. Rated A A licensee tells a prospective buyer, "The landfill 2 miles upwind from this house has never posed ... a problem for this neighborhood." If the licensee knows this statement to be UNTRUE, it is an example of: -✔✔-fraud. When terminating an association with a principal broker, a sales associate must leave all listing information with that broker UNLESS: -✔✔-a written contract with the principal broker stipulates otherwise. Sales associates may advertise solely in their own name when selling: -✔✔-their own residence. A real estate sales associate who is new in the industry receives a referral from an unlicensed friend. The referral results in a sale. To keep the referral source happy and get more referrals in the future, the sales associate may: -✔✔-send a note of thanks. Which of the following tasks is an unlicensed assistant allowed to perform? -✔✔-Appear in an ad as long as the ad does not imply the assistant is licensed. [Show More]

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