Practice, Math, and Disclosures Practice Question
Question
A buyer and seller disagree about a closing issue in a Florida real estate transaction involving comparative market analysis. Which response best applies the rule? (Item 215)
Answer choices
- A. The client’s preference eliminates the need to disclose known material facts.
- B. The party who complains first automatically receives the legal remedy requested.
- C. Distinguish CMA pricing assistance from a formal appraisal.
- D. Escrow automatically assumes all brokerage disclosure and agency duties.
Correct Answer
C. Distinguish CMA pricing assistance from a formal appraisal.
Explanation
The correct answer is C because comparative market analysis requires candidates to distinguish CMA pricing assistance from a formal appraisal. The other options rely on unsafe assumptions about custom, oral agreement, escrow, client preference, or independent salesperson authority and do not reflect sound Florida exam practice.
Question details
- Difficulty: medium
- Domain: Practice, Math, and Disclosures
- Objective: comparative market analysis