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Colibri Real Estate Final Exam Questions with 100% Correct Answers | Latest Update | Verified
Wetlands: need a permit for... - ️️clearing, adding structures, draining/filling, 
pesticides 
Open house, declined agency relationship... What does the agent owe the person? - 
️️honesty 
buyer p Protected by Fair Housing Act - ️️race, nat. origin, sex, color, religion, 
disability, familial status 
ays seller to occupy and use property - ️️land contract 
buyer pays rent and other expenses - ️️net lease 
buyer pays only rent - ️️gross lease 
Tenants in common, 2 of 3 peo...
- Exam (elaborations)
- • 5 pages •
Wetlands: need a permit for... - ️️clearing, adding structures, draining/filling, 
pesticides 
Open house, declined agency relationship... What does the agent owe the person? - 
️️honesty 
buyer p Protected by Fair Housing Act - ️️race, nat. origin, sex, color, religion, 
disability, familial status 
ays seller to occupy and use property - ️️land contract 
buyer pays rent and other expenses - ️️net lease 
buyer pays only rent - ️️gross lease 
Tenants in common, 2 of 3 peo...
Colibri Real Estate Chapter 2 Quiz Questions And Answers Latest Updates
When the agency relationship has been terminated, the licensee is no longer 
considered the principal's agent but still owes which of the following duties to the 
principal? - ️️Accounting 
Which of the following may not involuntarily terminate an agency relationship? - 
️️Expiration of the agreement term 
When a seller authorizes a unilateral offer of subagency to all MLS members, any agent 
who shows the listed property automatically becomes - ️️A subagent 
An agency relationship ...
- Exam (elaborations)
- • 25 pages •
When the agency relationship has been terminated, the licensee is no longer 
considered the principal's agent but still owes which of the following duties to the 
principal? - ️️Accounting 
Which of the following may not involuntarily terminate an agency relationship? - 
️️Expiration of the agreement term 
When a seller authorizes a unilateral offer of subagency to all MLS members, any agent 
who shows the listed property automatically becomes - ️️A subagent 
An agency relationship ...
Final Exam-Colibri Real Estate Questions and Answers(A+ Solution guide)
What must happen with all funds in a sale - ️️All money that belongs to clients or 
customers must be deposited in the brokerage trust fund as soon as possible ASAP 
after receipt . 
A property's value is $ 125,000 and its land value is $ 10,000 . Assuming a depreciation 
term of 35 years , what is the amount of annual depreciation ? - ️️depreciation ? 
Total value $ 125,000- $ 10,000 land = $115,000 improvements / 35 years = $ 3,286 
annual depreciation 21. MATH PROBLEM : GROSS RENT MU...
- Exam (elaborations)
- • 13 pages •
What must happen with all funds in a sale - ️️All money that belongs to clients or 
customers must be deposited in the brokerage trust fund as soon as possible ASAP 
after receipt . 
A property's value is $ 125,000 and its land value is $ 10,000 . Assuming a depreciation 
term of 35 years , what is the amount of annual depreciation ? - ️️depreciation ? 
Total value $ 125,000- $ 10,000 land = $115,000 improvements / 35 years = $ 3,286 
annual depreciation 21. MATH PROBLEM : GROSS RENT MU...
final colibri real estate exam PT Questions And Answers Latest Updates
What is the name for the act of spending client funds without permission from a trust 
fund account? - ️️Conversion 
Without legal capacity and mutual consent in place, courts may likely do what to the 
existing contracts or agency relationships? - ️️All of the above 
Which step in the construction building process is likeliest to be first? - ️️Grading 
The term "business ethics" applies to which of the following statements? - ️️A form 
of applied ethics that examines ethical p...
- Exam (elaborations)
- • 11 pages •
What is the name for the act of spending client funds without permission from a trust 
fund account? - ️️Conversion 
Without legal capacity and mutual consent in place, courts may likely do what to the 
existing contracts or agency relationships? - ️️All of the above 
Which step in the construction building process is likeliest to be first? - ️️Grading 
The term "business ethics" applies to which of the following statements? - ️️A form 
of applied ethics that examines ethical p...
Colibri Real Estate (Real Estate Express) Final Exam Review Questions And Answers Latest Updates
Haru is working with his buyers to draw up a written offer on a property they want to 
purchase. Which of the following items is not required in the offer? 
A) The property description 
B) The mortgage lender 
C) The method of payment 
D) Special stipulations the offer requires - ️️B) The mortgage lender 
Broker Jane has been accused of a law violation regarding commissions. Which of the 
following might result in her being found guilty? 
A) Jane paid a commission to her licensed personal as...
- Exam (elaborations)
- • 42 pages •
Haru is working with his buyers to draw up a written offer on a property they want to 
purchase. Which of the following items is not required in the offer? 
A) The property description 
B) The mortgage lender 
C) The method of payment 
D) Special stipulations the offer requires - ️️B) The mortgage lender 
Broker Jane has been accused of a law violation regarding commissions. Which of the 
following might result in her being found guilty? 
A) Jane paid a commission to her licensed personal as...
Colibri School Exam NJ Questions And Answers Latest Updates
Danita gets a deed of trust from ABC bank to finance the purchase of a house in Sunny 
Acres, a new subdivision. While the loan is outstanding, who holds the title to Danita 
property? - ️️A trustee 
Which situation is NOT EXEMPT from the provisions of federal fair housing laws, 
assuming no discriminatory advertising is used and a licensee is not involved? - 
️️Barb is an owner-occupant of a duplex who will lease the other unit only to a 
white woman 
In a real estate transaction the pr...
- Exam (elaborations)
- • 2 pages •
Danita gets a deed of trust from ABC bank to finance the purchase of a house in Sunny 
Acres, a new subdivision. While the loan is outstanding, who holds the title to Danita 
property? - ️️A trustee 
Which situation is NOT EXEMPT from the provisions of federal fair housing laws, 
assuming no discriminatory advertising is used and a licensee is not involved? - 
️️Barb is an owner-occupant of a duplex who will lease the other unit only to a 
white woman 
In a real estate transaction the pr...
colibri real estate practice Questions And Answers Already Graded A+
All of the following are true statements about goals except which one? - ️️Once you 
set a goal you should never change it. 
Alice has decided that she will specialize in selling farm land. Which area of 
specialization would she fall into? - ️️Type of property 
Which of the following statements is not true? - ️️A broker is not responsible for the 
acts of independent contractors. 
Which of these statements is true? - ️️Salespersons must perform all of their 
activities on behalf...
- Exam (elaborations)
- • 13 pages •
All of the following are true statements about goals except which one? - ️️Once you 
set a goal you should never change it. 
Alice has decided that she will specialize in selling farm land. Which area of 
specialization would she fall into? - ️️Type of property 
Which of the following statements is not true? - ️️A broker is not responsible for the 
acts of independent contractors. 
Which of these statements is true? - ️️Salespersons must perform all of their 
activities on behalf...
Colibri Real Estate Final Exam (KY) 1 Questions and Answers 100% Pass
Vicky was posing as a customer of Establishment Realty. However, she was really there 
to see if Establishment Realty was following fair housing laws. Vicky was a _______. - 
️️Tester 
What is NOT required between two parties as it relates to the violation of "mutual 
assent"? - ️️Written contacts 
According to article 2, which of the following statements are TRUE? - 
️️REALTORS® must disclose all known material facts but are not obligated to 
discover latent defects in the proper...
- Exam (elaborations)
- • 8 pages •
Vicky was posing as a customer of Establishment Realty. However, she was really there 
to see if Establishment Realty was following fair housing laws. Vicky was a _______. - 
️️Tester 
What is NOT required between two parties as it relates to the violation of "mutual 
assent"? - ️️Written contacts 
According to article 2, which of the following statements are TRUE? - 
️️REALTORS® must disclose all known material facts but are not obligated to 
discover latent defects in the proper...
Colibri Real Estate: Chapter 1 Test Questions And Answers Latest Updates
The buyer's tastes and standards based on lifestyle. - ️️Social 
The relative supply of available houses. - ️️Economic, social 
General trends of buyers toward one city or area over another. - ️️Social 
The opening of a new corporate headquarters - ️️Economic 
The property's exact position in a neighborhood, city, and region. - ️️Physical 
The main industry of an area - ️️Economic 
The Fed's plan for spending and debt management. - ️️Economic 
The regulation of mon...
- Exam (elaborations)
- • 3 pages •
The buyer's tastes and standards based on lifestyle. - ️️Social 
The relative supply of available houses. - ️️Economic, social 
General trends of buyers toward one city or area over another. - ️️Social 
The opening of a new corporate headquarters - ️️Economic 
The property's exact position in a neighborhood, city, and region. - ️️Physical 
The main industry of an area - ️️Economic 
The Fed's plan for spending and debt management. - ️️Economic 
The regulation of mon...
Alteryx Verified Package Deal Rated A+
Alteryx Verified Package Deal Rated A+
- Package deal
- • 14 items •
- Alteryx: Core Tool Review Questions and Answers 100% Pass • Exam (elaborations)
- Alteryx Exam- Tools Questions And Answers Already Graded A+ • Exam (elaborations)
- alteryx beginner core exam Questions and Answers(A+ Solution guide) • Exam (elaborations)
- Alteryx Certification Study Guide Questions And Answers Latest Updates • Exam (elaborations)
- Alteryx Questions And Answers Already Graded A+ • Exam (elaborations)
- And more ….
Alteryx Verified Package Deal Rated A+
MISY 5325 Excel Midterm Ultimate Review Questions And Answers With Verified Solutions
BIOL 1001 / Exam 1 / Bhattacharyya / LSU Questions With Correct Answers!!
DASLE MN State Exam Questions and Answers(A+ Solution guide)
NUSCTX 10, Final - UC Berkeley Exam All Possible Questions and Answers with complete solution
CPR/RQI QUESTIONS WITH 100 % CORRECT ANSWERS | VERIFIED