616+ New Zealand Real Estate Exam Questions

An agency hires a non-licensed assistant to help at open homes. Which task does REA's guidance say the assistant may do?

An experienced salesperson engaged as an independent contractor works from home in another town and tells her agency she no longer needs supervision. What is the correct position under the Real Estate Agents Act 2008?

A salesperson licensed 4 months ago has found a buyer for a listing and wants to draft the sale and purchase agreement herself. What does REA's supervision guidance say?

A salesperson's spouse bought a listed property without the vendor's consent on the prescribed form. The vendor decides to keep the sale, but the agency has already deducted commission from the deposit. What does s 134 say about the commission?

A licensee buys a client's property. The client agreed the valuation could follow within 14 days, and Form 2 records a provisional valuation of $610,000 (an invented figure). The independent valuation comes back at $645,000. What can the client do?

A salesperson's nephew wants to buy a house the salesperson has listed. The vendor is happy to go ahead and says she doesn't need a valuation. Under ss 134–135, what must happen?

A salesperson owns 50% of a company that owns a rental unit her agency is selling. She tells a buyer about her interest only verbally, and he signs the agreement. Later he learns the details and wants to cancel under s 136. What is the position?

A property was listed last year, but a sale fell through after a building report found weathertightness problems. The vendor has had repairs done and gives the agency a new clean report, asking that the old report not be mentioned. What does REA's guidance on a Tribunal decision say?

A salesperson lists a 1998 house with monolithic plaster cladding and no eaves. The vendor says there have been no leaks and has no reports. Under rule 10.7, what must the salesperson do?

A salesperson submits a written offer that the vendor rejects. What must happen to a copy of it under rules 10.11 and 10.12 of the Client Care Rules?