TAB Tennessee Affiliate Broker Exam - Set 3 - Part 3

Test your knowledge of technical writing concepts with these practice questions. Each question includes detailed explanations to help you understand the correct answers.

Question 41: A buyer notices a fill pipe protruding from the soil beside an older Cleveland house once heated by oil. Regarding a buried home heating-oil tank, which statement is accurate?

It must be removed before the sale can close

Only commercial tanks ever need to be disclosed

It must be disclosed if known though federally excluded

It is harmless because federal law excludes it

Question 42: An affiliate broker posts a listing reel to her personal social media with her cell number and no firm identification anywhere. Under advertising rules, what is the main problem with this post?

It needed the buyer's written permission before posting

Nothing, because a personal profile is not advertising

Nothing, because social posts are exempt from license rules

It is a blind advertisement hiding the firm

Question 43: A same-sex couple asks an affiliate broker in Brentwood to show homes, and the broker quietly drops one neighborhood she doubts will suit them. What does the professional standard expect of her?

Equal service regardless of sexual orientation

She may limit the tour to areas she thinks suitable

She owes no duty because the federal list omits these traits

She should disclose the couple's status to the sellers

Question 44: A buyer in Murfreesboro receives the seller's completed property condition disclosure and considers skipping a home inspection because the form reported no problems. How should the form be understood?

It relieves the buyer of any need to inspect

It is the seller's knowledge, not a warranty or inspection substitute

It becomes the licensee's representation once delivered

It guarantees the property is free of defects

Question 45: A seller knows that the wiring hidden inside the walls is defective, a condition a buyer could not find by an ordinary walkthrough. This kind of problem is best described as which of the following?

A stigmatizing condition

A patent defect

A latent defect

A material misrepresentation

Question 46: An investor sells a Jackson duplex strictly as is, having twice paid a plumber to clear the same sewer line, yet says nothing about it. After closing the line collapses. What is the effect of the as-is clause?

It bars any claim because the buyer accepted the property as is

It transfers the known defect to the buyer along with unknown ones

It repeals the seller's duty under the disclosure statute

It does not excuse silence about a known defect

Question 47: A seller's home in Columbia was the site of a death years ago, an event with no effect on the structure. A buyer never asks about it. What does disclosure law generally require here?

The seller need not disclose the event

The licensee must volunteer it to every buyer

The seller may lie about it if asked directly

The seller must disclose it as a material defect

Question 48: A seller is selling a Chattanooga bungalow built in nineteen sixty-five. Under the federal lead-based paint rule, what must the seller do before the buyer is obligated?

Provide the pamphlet only if the buyer requests it

Give the lead pamphlet and disclose known hazards

Test the home for lead and certify it lead-free

Remove all lead-based paint before closing

Question 49: A buyer is concerned about radon in a home with a ground-level basement. Which statement about radon in a residential transaction is accurate?

A neighbor's recent radon result reliably predicts this home

Federal law requires radon testing before every home sale

Testing is the only way to know a home's level

A home with elevated radon cannot lawfully be sold

Question 50: A buyer plans to fill part of a low, marshy tract outside Cookeville to build, and the area appears to be a wetland. Which federal requirement most directly governs that plan?

A Superfund cleanup because filling creates hazardous waste

A flood elevation certificate issued by the Corps

A lead-based paint disclosure to the future occupants

A dredge-and-fill permit from the Army Corps of Engineers

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