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Real Estate Sales Exam For State Licensing Boards Latest Exam Update
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Question Number 2
Which of the following would constitute 'incompetent practice' by a licensee
Failing to advertise listings
Paying a disclosed referral fee to a party to the transaction
Acting as the agent for the seller and signing document with power of attorney
Failing to account for documents belonging to the client that have come into the licensee's possession
✔ Correct Answer:
Failing to account for documents belonging to the client that have come into the licensee's possession
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