A typical outline for questions covering “Professional Responsibilities and Fair Practice” on the Real Estate exam includes:
Ř Brokerage relationships (buyer agency, listing agency, fiduciary responsibility, types of agency, types of agency relationship).
Ř Laws, rules and regulations pertaining to real estate (Americans with Disabilities Act, Civil Rights and Fair Housing Policy and exemptions, Familial Status, affirmative marketing, Equal Credit Opportunity Act, Cash Payment Reporting Requirements.
Ř Resolving misunderstandings.
Ř Need to seek expert advise. |
