Easy National Real Estate Exam Practice Questions

269 free easy-difficulty National Real Estate Exam questions, drawn live from KomFi's calibrated bank. Build the foundation first: these test the core mechanics every harder question assumes.

1. An agency relationship that is created by a principal's actions leading a third party to reasonably believe an
2. An agent's power to bind a principal to a contract is known as their:
3. If a person acts as an agent without prior authorization and the principal later accepts the benefits of those
4. In a standard real estate transaction, to whom does the agent owe the full range of fiduciary duties?
5. An agent's duty of confidentiality to a principal terminates at what point?
6. An agent who has been granted the authority to perform all acts that the principal could perform themselves is
7. What happens to the salesperson's current listings?
8. A 'Special Agency' relationship, such as a typical listing agreement, usually ends when the transaction closes
9. A buyer's agent is asked by his client if the property has ever had water in the basement. The agent knows fro
10. The agent should:
11. An agent is representing a seller. A buyer-customer asks, 'Is this a quiet neighborhood?' The agent knows that
12. If an agent representing a buyer learns that the seller is desperate to sell due to a job transfer, the agent:
13. What must the agent do?
14. What is the agent's duty?
15. A principal can be held liable for the acts of an agent who… — This is known as:
16. A homeowner hires a brokerage to market the homeowner’s prop… — Who is the principal in this relationship?
17. A homeowner hires a brokerage to market the homeowner’s prop… — Who is the principal in this relationship?
18. What should the seller’s agent clarify?
19. What should the seller’s agent clarify?
20. What should the seller’s agent clarify?
21. The same brokerage represents both the buyer and the seller… — What must happen before this dual agency is all
22. One brokerage represents both the buyer and the seller in th… — What is this arrangement called?
23. A broker's employment contract with a seller is officially called the:
24. What is the current status of the contract?
25. A buyer defaults on a purchase agreement, and the seller chooses to keep the earnest money deposit as the tota
26. The offer is now:
27. A contract that is valid and binding but allows one party to avoid the agreement because of a mistake of fact
28. A contract that is valid and enforceable until it is canceled by a party who was a victim of fraud is known as
29. An adult enters into a written contract to purchase a home f… — Under the law, this contract is generally cons
30. An agreement that is legally binding and meets all the necessary requirements for a 'meeting of the minds' and

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