A salesperson specializing in the sale of new homes may hold one of two types of license. Which statement is true?

Prepare for the Manitoba Real Estate Exam with multiple choice questions and detailed explanations. Each question offers hints for better understanding. Boost your confidence with our comprehensive study tool. Ace your exam!

Multiple Choice

A salesperson specializing in the sale of new homes may hold one of two types of license. Which statement is true?

Explanation:
Manitoba uses two license categories for salespeople who deal with new homes: an unrestricted license that covers all real estate transactions, and a license restricted to selling only new homes. This makes the statement true because it reflects the actual licensing setup: there are two options, not three, and both types exist. New-home sales do require a license, so saying no license is needed isn’t correct, and there isn’t only a restricted license—there is also the unrestricted one.

Manitoba uses two license categories for salespeople who deal with new homes: an unrestricted license that covers all real estate transactions, and a license restricted to selling only new homes. This makes the statement true because it reflects the actual licensing setup: there are two options, not three, and both types exist. New-home sales do require a license, so saying no license is needed isn’t correct, and there isn’t only a restricted license—there is also the unrestricted one.

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