National Broker Exam Prep
Video with 3 attorneys & 4 college instructors
Package Description
Passing the license exam doesn't need to be difficult. We make sure it's easy! We will provide you with over 2,000 practice questions consisting of vocabulary words and content specific examples.
Our included Exam Review Video brings the courses to life. You will learn from attorneys, college instructors, and other experts in their field as they prep you for the national exam during this 9-hour cram video.
To help pass your exam, we have the Washington Real
Estate License Exam Prep course, including lots of great content and questions. This is a huge advantage to you in assuring your success in passing the exam the first time. Our instructor will walk you through the material and save you time by telling you exactly what to study. Passing the exam then becomes easy.
Included Courses
Study Material:
- Questions to Master Each Topic
- Math Prep
- Broker Cram Videos
- Real Property Cram
- Types of Estates Cram
- National Real Estate License Exam Prep
Course Preview
Which of the following statements is true regarding commissions?
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Correct answer is A. The Sherman Anti-Trust Act prohibits price fixing, group boycotting, the allocation of customers or markets or tie-in agreements.
Which of the following is NOT an essential element of a contract?
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Correct answer is A. Time is of the essence is not an essential element of a contract.
Time is of the essence means
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Correct answer is A. Time is of the essence means everything must be performed within the time frame specified.
A contract must be entered into freely, without duress, threats, blackmail or fraud. The term that best describes this is
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Correct answer is C. Reality of consent means a contract must be entered into freely, without duress, threats, blackmail or fraud.
Which of the following is an example of an executory, bilateral contract?
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Correct answer is D. An executory contract is one where duties are to be performed. A bilateral contract means both parties have duties to perform. A lease, sales contract or exclusive-right-to-sell listing are executory, bilateral contracts.
Which of the following is FALSE regarding option contracts?
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Correct answer is B. An option is a unilateral contract, while an option that has been exercised is a bilateral contract.
XYZ Realty listed a property and ABC Realty had a buyer who made an offer. In the counteroffer, the seller would be the
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Correct answer is A. In this counteroffer the seller would be the offeror.
Specific performance means
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Correct answer is B. Specific performance is court action to force the completion of a contract.
Which of the following statements about contract clauses is false?
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Correct answer is D. An indemnification is an agreement to compensate someone for a loss, not a gain.
What is the major difference between assignment and novation?
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Correct answer is A. An assignment is the transfer of a right, title or interest in a contract, while a novation is the substitution of one contract for another and when given releases liability.
Details
- Clock Hours: 0
- Formats: Text - Printable PDF
Slides - includes video, text & images