Section Three Quiz
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Question 1 of 5
1. Question
Advertising may guaranty future profits from a real estate activity:
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Question 2 of 5
2. Question
Licenses for real estate marketing organizations only will be granted if the principal persons of the organization are trustworthy and competent to conduct real estate marketing activities in such a manner as to safeguard the interests of the public.
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Question 3 of 5
3. Question
A property manager may authorize another property manager to control and supervise his or her property management activity during the property manager’s absence for a period not to exceed 90 days.
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Question 4 of 5
4. Question
Each principal real estate broker must maintain in the state one or more separate bank accounts that are designated a client trust account.
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Question 5 of 5
5. Question
Under which circumstances may interest accrued on funds in a client trust account be distributed to organizations and individuals for first time home buying assistance and for the development of affordable housing?
