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21. Which statement is FALSE regarding postdated earnest money checks?

74. A written contract for sale and purchase of commercial property that utilized designated sales associates failed to close. Which statement is TRUE regarding the retention of brokerage relationship disclosure documents?

92. You are analyzing an investment property. You forecast the effective gross income to be $396,000. The operating expenses for this property, including a $4,400 reserve for replacements, total $176,000. What is the property’s net operating income?

57. A sales associate receives a deposit from a buyer on Wednesday morning. The associate must

67. Can an insurance company refuse to provide insurance coverage to applicants within a particular neighborhood because of the racial and ethnic characteristics of the neighborhood?

51. A baptist church owns a convalescence home for its members . The church only admits members of its church to the convalescence home . Which statement is TRUE regarding this practice?

72. A seller lists her vacant lot with a real estate company. The seller specifies in the listing agreement the minimum amount of cash she must receive at closing. What type of listing does this describe?

88. Which type of alienation is voluntary?

77. A real estate agent has been licensed in Texas for one year. The licensee worked for a Texas broker but recently moved to Florida. The agent wants to open his own brokerage in Florida so he recently completed the Florida broker pre-license course. I the Texas licensee eligible to take the Florida broker license exam?

71. Which statement is TRUE regarding the save Our Home amendment?