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1. The actual finished dimensions of a two-by- four in new construction are A. 1in x 2 in B. 3 in x 4 in C.

1. The actual finished dimensions of a two-by- four in new construction are

A. 1in x 2 in

B. 3 in x 4 in

C. 2 in x 3 in

D 1.5 in x 3.5 in

2. A real estate investor must pay taxes on the property

A. taxable income

B. effective income

C. net income

D. cash flow

3. Which of the following would not be considered a common element within a condominium complex

A. parking area

B. structure

C. unit occupied by the owner

D. swimming pool

4. while at the open house, a salesperson will want to do all of the following except?

A. provide attendees with a brochure about the property

B. answer question attendees may have

C. share the seller bottom-line price with prospective buyers

D. ask attendees to sign the guest register

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