82. Which type of depreciation is also called “social” obsol…

82. Which type of depreciation is also called “social” obsolescence? a.  Physical deterioration                              b.  Functional obsolescence                             c.  Economic obsolescence d.  None of the answers are correct

81. Which of the following is true concerning mechanic’s lie…

81. Which of the following is true concerning mechanic’s liens? a.  They are specific liens                      b.  They are involuntary liens                c.  They must be recorded to be effective d.  All answers are correct

88. Which of the following is TRUE concerning the Residentia…

88. Which of the following is TRUE concerning the Residential Listing Agreement (Exclusive Authorization and Right to Sell)? a.  They are not assignable                                   b.  They must have an “end date”                        c.  Death of the seller or broker cancels the listing d.  All of the answers are correct

53. An advertisement by a broker that gives the impression t…

53. An advertisement by a broker that gives the impression that he or she is the owner of the property is a violation of Real Estate Law, called a: a.  blind advertisement.                   b.  shadow listing.           c.  secret profit. d.  none of the answers are correct.