Morgan County Facts
Purchase Agreements
Real Estate Ethics
MIBOR
Listing Contracts
100

This city is the county seat of Morgan County.

What is Martinsville?

100

In regards to earnest money, the escrow agent can be these three options.

What are listing broker, selling broker, or other?

100

Fill in the blank – The definition of real estate ethics is the guidelines and principals to regulate the ________ and ________ of real estate professionals.

What are behavior and conduct?

100

Fill in the blank – MIBOR is an acronym for __________.

What is Metropolitan Indianapolis Board of REALTORS®?

100

If a seller is a foreign person, they are subject to this Act.

What is the Foreign Investment and Real Property Tax Act?

200

The year that Morgan County was officially established.

What is 1822?

200

The number of options that can be checked under Method of Payment.

What is 6?

200

Mishandling multiple offers is a violation of this article.

What is Article 1?

200

The name of MIBOR’s non-profit organization.

What is the REALTOR® Foundation?

200

True or False: Sellers do not have to consent to Brokers acting as limited agents for both parties.

What is true?

300

The number of townships in Morgan County.

What is 14?

300

Fill in the blank – In regards to time for obtaining financing, “buyer directs lender to order ___________ immediately.”

What is appraisal?

300

Brokers will not prepare, review, or submit personal information letters (aka buyer love letters), including photographs, from buyers to sellers due to posing a risk to this.

What is Fair Housing?

300

The number of MIBOR divisions.

What is 13?

300

The letter section on a listing contract is about Agency Disclosures.

What is J?

400

The number of square miles in Morgan County including land and water.

What is 409 square miles?

400

Fill in the blank – “Pursuant to Federal and State Law, Seller cannot make Seller’s selection of ________________ a condition of this Agreement."

What is title insurance provider?

400

The year that the NAR Code of Ethics was adopted.

What is 1913?

400

The MIBOR committee that monitors local issues and ordinances that may impact housing or the real estate industry. In addition, this committee interviews and endorses local candidates that support our issues.

What is RPAC or REALTORS Political Action Committee?

400

True or False: According to the listing contract, the Broker does not have authorization to have duplicate keys made.

What is false?

500

Morgan County was names after this Revolutionary War hero and frontiersman.

Who is Daniel Morgan?

500

The number of lines in an improved property purchase agreement.

What is 466?

500

The standard commission of a buyer’s agent in Morgan County.

What is there is no standard commission and all commission is negotiable?

500

The MIBOR District that consists of Morgan County, Hendricks County, and Western Marion County.

What is District 5?

500

If a seller authorizes a lockbox being used to access the property, they accept responsibility for preparing the Property to minimize the likelihood of injury and damage, which includes securing these two things.

What are firearms and pets?