PSI Oklahoma Real Estate Practice Test

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Prepare for the PSI Oklahoma Real Estate Test with flashcards and multiple choice questions, all equipped with hints and explanations. Master the material and pass your exam confidently!

Each practice test/flash card set has 50 randomly selected questions from a bank of over 500. You'll get a new set of questions each time!

Practice this question and more.

Which action is NOT required from a broker during a real estate transaction?

Provide legal representation
Disclose pertinent information
Act in the best interest of clients
Provide reasonable care and skill

The correct answer is: Provide legal representation

In real estate transactions, brokers have several responsibilities that ensure they effectively serve their clients while adhering to legal and ethical standards. One of these responsibilities is to disclose pertinent information, which involves informing clients about any relevant details that could affect their decisions. Additionally, acting in the best interest of clients is a fundamental duty of a broker, emphasizing the need to prioritize their clients' goals and concerns throughout the transaction. Furthermore, brokers are expected to provide reasonable care and skill in their services, indicating that they should apply their knowledge and expertise to deliver quality assistance in transactions. However, legal representation is not a required action from a broker in a real estate transaction. While brokers must possess a deep understanding of real estate law and navigate the legal aspects of transactions, they are not licensed attorneys and do not provide legal representation to clients. This distinction is crucial, as clients seeking legal advice should consult a qualified attorney instead.