Fair Housing, Practice, and Disclosures Practice Question
Question
A salesperson notices a possible compliance problem for the Virginia Real Estate Salesperson Exam involving reasonable modification and agency disclosure and brokerage relationship duties. Which statement is most accurate for exam purposes? (Item 167)
Answer choices
- A. The rule applies only to commercial transactions and never to residential transactions.
- B. Client funds may be mixed with business funds if the broker reconciles the account later.
- C. Distinguish physical changes requested for disability-related use in a way that fits Virginia exam practice.
- D. The issue can be ignored if the parties want to close quickly.
Correct Answer
C. Distinguish physical changes requested for disability-related use in a way that fits Virginia exam practice.
Explanation
The correct answer is C because reasonable modification requires candidates to distinguish physical changes requested for disability-related use. The Virginia 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