California Real Estate Practice Exam

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Question: 1 / 740

What is a selling broker responsible for knowing or finding out on behalf of a property purchaser?

The preferences of the local municipality

Evidence of water in the basement

A selling broker is responsible for finding out potential issues with a property for their client, such as evidence of water in the basement.

This includes being aware of any potential zoning or permit restrictions from the local municipality, but it is not their main responsibility.

While knowing decorating trends can be helpful for marketing a property, it is not a selling broker's primary role.

Additionally, while a selling broker may have knowledge of financing options, it is ultimately the buyer's decision and responsibility to secure the best financing option for themselves. Therefore, option B is the most appropriate answer.

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Decorating trends

The best financing options available

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