TAB - Tennessee Affiliate Broker Exam

Question 21: A buyer signs a written form acknowledging that he received the licensee's agency disclosure describing possible relationships. Under the national pattern, what has that signature accomplished?

It waived the buyer's right to representation

It made the licensee his agent

It acknowledges receipt of notice only

It created a dual agency

Question 22: A licensee recommends a home inspector to her client without revealing that she receives a referral fee whenever clients hire that inspector. Which duty has she violated?

Accounting for trust funds

Obedience to instructions

Reasonable skill and care

Disclosure of conflicting interest

Question 23: A blind applicant for a Knoxville apartment with a no-pets policy asks the manager to allow her seeing-eye dog and is told no fee will be charged. What is this change called?

A reasonable accommodation

A design and construction requirement

An undue hardship exemption

A reasonable modification

Question 24: A licensee studying the federal Fair Housing Act lists the classes the statute shields from housing discrimination. Which of the following is not a federally protected class under that Act?

Disability

Marital status

Familial status

National origin

Question 25: An owner in Cookeville sells one of the three houses she owns without any broker and runs a newspaper advertisement stating a preference against families with children. Which statement best describes her position?

The exemption shields both the sale and the advertisement

The advertisement is lawful because she owns three houses or fewer

The advertisement violates the Act despite the exemption

Only a refusal to sell, not an advertisement, could violate the Act

Question 26: An owner occupies one unit of his four-unit building in Clarksville, rents the others himself, and refuses an applicant solely because of the applicant's race. Which law makes that refusal unlawful?

The Americans with Disabilities Act

The Equal Credit Opportunity Act

No law applies because he occupies one of the units

The Civil Rights Act of eighteen sixty-six

Question 27: A community wishes to operate as housing for older persons under the fifty-five-and-older category so it may decline families with children. Which requirement must it satisfy to claim that exemption?

At least eighty percent of occupied units house someone fifty-five or older

The exemption frees the community from every protected class

Every resident in the community must be at least fifty-five

The community must provide significant services designed for the elderly

Question 28: Buyers give a Nashville affiliate broker their search criteria, and many listings match. She quietly omits several that fit because she judges those areas wrong for the family. This conduct is best described as which practice?

Blockbusting

Steering

Redlining

A lawful service that saves the buyers time

Question 29: After a mosque buys land in a Murfreesboro subdivision, a licensee mails every homeowner warning that big changes are coming and urging them to sell before values slip. This solicitation is best classified as which violation?

A permissible farming campaign because no group is named

Disparate impact from a neutral marketing policy

Blockbusting

Steering

Question 30: A lender reviewing a mortgage application offers worse terms because of the protected-class makeup of the property's neighborhood rather than the applicant's qualifications. This conduct is known by which name?

Tie-in arrangement

Blockbusting

Steering

Redlining

Question 31: An affiliate broker drafts listing remarks describing the home as a perfect starter home for a young family. Under the fair-housing advertising rule, what is the problem with that wording?

It indicates a familial-status preference

Nothing, because the writer intended only to sound welcoming

Nothing, because preferences for a group are allowed

It fails to include the firm telephone number

Question 32: While touring rural acreage outside Murfreesboro, a buyer's agent sees a smooth circular depression in the yard and tight closed contour lines marked on the recorded plat. What is the agent's proper response?

Say nothing because diagnosing soil is not the agent's job

Point out the signs and recommend a geotechnical evaluation

Declare the depression a sinkhole that bars the purchase

Assure the buyer the depression is merely cosmetic

Question 33: A two-person brokerage operates a storefront office open to the public in Knoxville and has no other employees. Which statement about its accessibility obligations is correct?

Accessibility applies only to newly constructed offices

The firm is exempt because it has fewer than fifteen employees

The office is a public accommodation with no employee threshold

Only the dwellings the firm sells fall under the statute

Question 34: A tenant with a disability asks a Chattanooga landlord whose building bans pets to allow a needed assistance animal. Under the Fair Housing Act, how must the landlord respond?

Charge an additional pet deposit before allowing the animal

Deny the request because the lease prohibits all animals

Require the tenant to provide a medical diagnosis

Waive the no-pets policy as a reasonable accommodation

Question 35: A buyer plans to renovate an older Knoxville home and asks an affiliate broker about asbestos in materials such as pipe insulation and floor tile. Which statement about asbestos is accurate?

Intact, undisturbed asbestos generally poses little risk

Asbestos in a home cannot lawfully be sold

Removing asbestos is always safer than leaving it alone

Federal law requires the seller to remove all asbestos first

Question 36: A federal tax rule treats a real estate licensee as a statutory nonemployee when three conditions are met. Which of the following is one of those required conditions?

The firm must provide health and retirement benefits

Pay tied substantially to output rather than hours

The agent must work fewer than forty hours each week

The broker must withhold federal income tax

Question 37: An affiliate broker in Hendersonville is an independent contractor for federal tax purposes. When she drafts an advertisement and later receives an earnest money check, what does license law require of her principal broker?

The principal broker may not supervise an independent contractor

The principal broker must begin withholding her income taxes

The principal broker must still supervise her licensed activity

The principal broker must dictate her daily working hours

Question 38: Two competing brokerage owners in Jackson agree over lunch that neither firm will list homes for less than a set commission rate. This agreement is best described as which antitrust violation?

Group boycott

A lawful decision because each firm sets its own fees

Market allocation

Price fixing

Question 39: Two competing Knoxville firms agree that one will pursue only listings north of the river and the other only listings to the south, leaving each alone in its zone. Which antitrust violation does this describe?

Market allocation

A permissible business focus chosen by each firm

Price fixing

Tie-in arrangement

Question 40: A seller's listing with an affiliate broker's own firm expired four months ago, and her number is on the Do-Not-Call registry. May the firm call her about relisting?

No, because the number is on the registry

Yes, because a transaction relationship lasts eighteen months

No, because the relationship ended when the listing expired

Yes, but only after re-scrubbing erases her registration

TAB Tennessee Affiliate Broker Exam - Set 3 - Part 2

Question 21: A buyer signs a written form acknowledging that he received the licensee's agency disclosure describing possible relationships. Under the national pattern, what has that signature accomplished?

Question 22: A licensee recommends a home inspector to her client without revealing that she receives a referral fee whenever clients hire that inspector. Which duty has she violated?

Question 23: A blind applicant for a Knoxville apartment with a no-pets policy asks the manager to allow her seeing-eye dog and is told no fee will be charged. What is this change called?

Question 24: A licensee studying the federal Fair Housing Act lists the classes the statute shields from housing discrimination. Which of the following is not a federally protected class under that Act?

Question 25: An owner in Cookeville sells one of the three houses she owns without any broker and runs a newspaper advertisement stating a preference against families with children. Which statement best describes her position?

Question 26: An owner occupies one unit of his four-unit building in Clarksville, rents the others himself, and refuses an applicant solely because of the applicant's race. Which law makes that refusal unlawful?

Question 27: A community wishes to operate as housing for older persons under the fifty-five-and-older category so it may decline families with children. Which requirement must it satisfy to claim that exemption?

Question 28: Buyers give a Nashville affiliate broker their search criteria, and many listings match. She quietly omits several that fit because she judges those areas wrong for the family. This conduct is best described as which practice?

Question 29: After a mosque buys land in a Murfreesboro subdivision, a licensee mails every homeowner warning that big changes are coming and urging them to sell before values slip. This solicitation is best classified as which violation?

Question 30: A lender reviewing a mortgage application offers worse terms because of the protected-class makeup of the property's neighborhood rather than the applicant's qualifications. This conduct is known by which name?

Question 31: An affiliate broker drafts listing remarks describing the home as a perfect starter home for a young family. Under the fair-housing advertising rule, what is the problem with that wording?

Question 32: While touring rural acreage outside Murfreesboro, a buyer's agent sees a smooth circular depression in the yard and tight closed contour lines marked on the recorded plat. What is the agent's proper response?

Question 33: A two-person brokerage operates a storefront office open to the public in Knoxville and has no other employees. Which statement about its accessibility obligations is correct?

Question 34: A tenant with a disability asks a Chattanooga landlord whose building bans pets to allow a needed assistance animal. Under the Fair Housing Act, how must the landlord respond?

Question 35: A buyer plans to renovate an older Knoxville home and asks an affiliate broker about asbestos in materials such as pipe insulation and floor tile. Which statement about asbestos is accurate?

Question 36: A federal tax rule treats a real estate licensee as a statutory nonemployee when three conditions are met. Which of the following is one of those required conditions?

Question 37: An affiliate broker in Hendersonville is an independent contractor for federal tax purposes. When she drafts an advertisement and later receives an earnest money check, what does license law require of her principal broker?

Question 38: Two competing brokerage owners in Jackson agree over lunch that neither firm will list homes for less than a set commission rate. This agreement is best described as which antitrust violation?

Question 39: Two competing Knoxville firms agree that one will pursue only listings north of the river and the other only listings to the south, leaving each alone in its zone. Which antitrust violation does this describe?

Question 40: A seller's listing with an affiliate broker's own firm expired four months ago, and her number is on the Do-Not-Call registry. May the firm call her about relisting?

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