Principles, Property, and Land Use Practice Question

Question

A seller is preparing to list a home for the Georgia Real Estate Salesperson Exam involving sales comparison approach and brokerage relationship disclosure. Which statement is the best answer? (Item 36)

Answer choices

  1. A. The party who complains first automatically receives the remedy requested.
  2. B. Escrow or closing staff automatically assume all brokerage agency and disclosure duties.
  3. C. The client’s preference eliminates the need to disclose known material facts.
  4. D. Use comparable sales adjustments for residential valuation in a way that fits Georgia exam practice.

Correct Answer

D. Use comparable sales adjustments for residential valuation in a way that fits Georgia exam practice.

Explanation

The correct answer is D because sales comparison approach requires candidates to use comparable sales adjustments for residential valuation. The Georgia reference keeps the scenario tied to state licensing practice, while the other options rely on unsafe assumptions about oral custom, escrow, client preference, independent licensee authority, or ignoring written duties.

Question details

  • Difficulty: hard
  • Domain: Principles, Property, and Land Use
  • Objective: sales comparison approach

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