solution

An affiliate broker may perform real estate brokerage activities for how many different brokerage firms during same time period?

A – No more than one.

B – No more than two.

C – One general brokerage firm and one time-share project.

D – An unlimited number, as long as Commission approval is obtained.

Question 2

Can a licensed real estate affiliate broker prepare an appraisal for a new loan on property that the affiliate broker has listed for sale?

A – Yes, if the appraisal is identified as a comparative market analysis.

B – Yes, if the appraisal is done before an offer to purchase is accepted by the seller.

C – Yes, with proper disclosure to the lender about the affiliate broker’s qualifications.

D – No, real property appraisal is not an authorized activity for a real estate affiliate broker.