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Exam (elaborations)

Real Estate Post Licensing 301 - Advertising Questions And Answers

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Real Estate Post Licensing 301 - Advertising Questions And Answers Which of the following does the listing agent NOT need permission from to place "for sale" or "for rent" signs on properties they are representing? A) Homeowners' association B) North Carolina Real Estate Commission C) Proper...

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  • November 13, 2024
  • 40
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • Post licensing 301
  • Post licensing 301
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UpperClass
Real Estate Post Licensing 301 - Advertising
Questions And Answers

Which of the following does the listing agent NOT need permission from to place "for sale" or

"for rent" signs on properties they are representing?




A) Homeowners' association

B) North Carolina Real Estate Commission

C) Property owner


D) City or county municipality B) North Carolina Real Estate Commission


Firms need owner's consent to display "for sale" or "for rent" signs. Consent provisions are

typically included in standard listing contract forms. Subdivision restrictive covenants may

address the placement of for sale signs (including directional signs).




Which of the following statements is TRUE regarding fair housing and advertising?




A) Fair housing regulates all print media, including web page information, email, and text

message.

B) Fair housing does not have any regulations for advertising.

C) Fair housing only regulates print advertising in newspapers or magazines.

, Real Estate Post Licensing 301 - Advertising
Questions And Answers
D) Fair housing defers advertising regulations to each state's real estate commission. A)

Fair housing regulates all print media, including web page information, email, and text message.




Under the Fair Housing Act, as amended, discriminatory advertising is prohibited. Brokers must

be mindful of their statements as "to publish" is not limited to printed media, but includes web

page information, email and text message, and oral comments or statements.




Which of the following statements is correct regarding internet advertising for a brokerage firm?




A) All legal requirements and restrictions on advertising apply equally to internet advertising.

B) The real estate brokerage firm does not have to adhere to fair housing or Truth in Lending

Act, Regulation Z, regulations in internet advertising, only lenders do.

C) The only regulation that a real estate brokerage firm needs to adhere to in internet advertising

is having the firm's name on all the advertising.

D) The only regulation that a real estate brokerage firm needs to adhere to in internet advertising

is North Carolina Real Estate Commission rules. A) All legal requirements and

restrictions on advertising apply equally to internet advertising.

, Real Estate Post Licensing 301 - Advertising
Questions And Answers
All legal requirements and restrictions on advertising apply equally to internet advertising.

Internet advertising of a broker's or firm's listings should be regularly updated to remove expired

listings.




According to TILA, Regulation Z, which of the following advertisements of payment would

NOT trigger additional disclosures?




A) Low payments of $750 available

B) Easy monthly payments

C) Payments only $750 per month


D) Payments of $7.29 per $1,000 borrowed B) Easy monthly payments




When the advertisement contains specific financing terms, the advertiser must fully disclose all

credit terms, whereas general statements related to financing do not trigger additional disclosures




According to TILA, Regulation Z, which of the following advertisements of dollar amount of

any finance charge would NOT trigger additional disclosures?




A) Interest averages less than $250 per month

, Real Estate Post Licensing 301 - Advertising
Questions And Answers
B) $200 per month interest on average

C) $15 per month carrying charge


D) No closing costs D) No closing costs




When the advertisement contains specific financing terms, the advertiser must fully disclose all

credit terms, whereas general statements related to financing do not trigger additional

disclosures.




The North Carolina Real Estate Commission recommends all the following when a real estate

agent is advertising properties EXCEPT

A)

real estate agents should seek assistance from qualified finance experts to calculate any annual

percentage rate (APR) to be used in an advertisement.

B)

real estate agents may want to avoid Regulation Z issues by not including any numbers in their

advertising, other than the list or lease price.

C)

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