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 Module 1 Test. Engage with detailed flashcards and multiple choice questions, each providing explanations. Ensure your success!

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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