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Your test Q  "Broker Jane is planning on calling FSBOs on weekends to generate new listings.  Which "no solicitation list" will prohibit him (it should be HER) from calling.  I said both.   You said correct answer is National only.  How can this be true since there is no existing relationship?   
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MLS Campus Administrator
On the practice exam it is stated "Al, Barbara and Charlie buy property as joint tenants in 2007.   In 2008 Charlie sells his one-third to Donna.   In 2009, Al dies.   Which parties now own the property and in what shares .  I answered "Barbara one third, Donna one-third, Al's heirs one third. It was wrong.   The correct answer is Barbara two-thirds and Donna one-third. I thought one of the characteristics of jt. tenants is shares get transferred to heirs.  Please respond to this and other questions.  
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MLS Campus Administrator

The below listed segment and others go on to describe conditions but fails to say what are the results of meeting this criteria.    What does this mean?      Home Sale Related to Change in Employment
When a sale or exchange is by reason of a change in place of employment if the change occurs during the period when the taxpayer owns and uses the property as a principal residence and the taxpayer’s or other qualified individual’s new place of employment is at least 50 miles farther from the residence sold or exchanged than was the former place of employment. If there was no former place of employment, the distance between the qualified individual’s new place of employment and the residence sold or exchanged must be at least 50 miles. The new place of employment may be with the same or a different employer or can include the beginning or continuation of self-employment. A qualified individual is the taxpayer, the taxpayer’s spouse, a co-owner of the residence or a person whose principal place of abode is in the same household as the taxpayer.

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b. The  licensed  name  and  phone  number  of  the  brokerage  firm  as  it  is registered with the FREC.

c. The licensed name, followed by the words “licensed real estate broker” or “lic. real estate broker” and phone number of the brokerage firm as it is registered with the FREC

d. The licensed name, address and phone number of the brokerage firm as it is registered with the FREC

Any advertising must be worded so that a reasonable person knows that the advertiser is a real estate licensee

All advertising must include the licensed name and phone number of the brokerage firm as it is registered with the FREC. (Abbreviations are not allowed.) It must be displayed in such a manner that a reasonable person would know that he or she is dealing with a real estate licensee. No real estate advertisement placed or caused to be placed by a licensee shall be fraudulent, false, deceptive, or misleading.

A licensee is not required to place his or her personal name in an ad. When the licensee’s personal name appears in the advertisement, the licensee’s last name must be the same as registered with the FREC. The licensee may use a nickname or initials for the first name and is not required to display the first and/or middle name as registered with the FREC. There is no requirement for a licensee to display his or her license number or the registration number of the brokerage firm. In addition, there is no requirement that the licensee display the license status.

The correct answer is: The  licensed  name  and  phone  number  of  the  brokerage  firm  as  it  is registered with the FREC.

 

“Blind” advertising is prohibited; it must always reveal:

a. The licensed name and address of the brokerage firm.

b. The licensed name of the brokerage firm. 

c. The licensed name, address and phone number of the brokerage firm.

d. The licensed name and phone number of the brokerage firm.

"Blind" advertising is prohibited; it must always reveal the licensed name of the brokerage firm

However, Article 12 of the National Association of REALTORS ® Code of Ethics requires licensees to include their professional status (e.g., broker, appraiser, property manager, etc.) or status as Realtors®. The FREC does not regulate the use of telephone numbers in ads. Therefore, a licensee may use either office or personal telephone numbers without qualifying the number as such. “Blind” advertising is prohibited; it must always reveal the licensed name of the brokerage firm.

The correct answer is: The licensed name of the brokerage firm.

d&quoa

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MLS Campus Instructor