Fair Housing, Practice, and Disclosures Practice Question
Question
A license applicant is reviewing a practice scenario for the Michigan Real Estate Salesperson Exam involving reasonable modification and agency and trust-money compliance. Which statement is the best answer? (Item 183)
Answer choices
- A. Client funds may be mixed with business funds if the broker reconciles the account later.
- B. The issue can be ignored if the parties want to close quickly.
- C. Distinguish physical changes requested for disability-related use in a way that fits Michigan exam practice.
- D. The rule applies only to commercial transactions and never to residential transactions.
Correct Answer
C. Distinguish physical changes requested for disability-related use in a way that fits Michigan exam practice.
Explanation
The correct answer is C because reasonable modification requires candidates to distinguish physical changes requested for disability-related use. The Michigan 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: medium
- Domain: Fair Housing, Practice, and Disclosures
- Objective: reasonable modification