Leasing License Practice Exam

Disable ads (and more) with a membership for a one time $2.99 payment

Prepare for the Leasing License Test using our comprehensive flashcards and multiple-choice questions. Each question includes hints and explanations to enhance your learning experience. Excel in your examination!

Practice this question and more.

If a licensee only represents the tenant, which form is required?

Form 350
Form 335
Form 349
Form 300

The correct answer is: Form 349

In the context of real estate leasing, if a licensee only represents the tenant, the appropriate form needed is Form 349. This form serves to establish a tenant representation agreement, which outlines the relationship and responsibilities between the licensee and the tenant. It ensures that both parties are clear on the terms of the representation, including the duties of the licensee in advocating for the tenant's interests. When a licensee is solely dedicated to representing the tenant, it's essential to have a formal agreement that clarifies the scope of representation, obligations, and the overall relationship. This protects the rights of the tenant and ensures compliance with regulatory standards. The other forms listed may pertain to different scenarios or types of representation, such as those for landlords or more general agreements that do not specifically focus on tenant representation. Therefore, understanding that Form 349 is tailored specifically for tenant representation helps clarify why this is the required form for the situation described.