Which document may a real estate licensee complete?

A real estate licensee has the authority to complete a buyer broker agreement, making this the correct answer. A buyer broker agreement is a contract between a real estate broker and a buyer, establishing the terms of representation. This document outlines the responsibilities of the broker, the scope of services, and the agreement between both parties regarding how the broker will assist the buyer in purchasing a property.

Other documents such as a deed, mortgage, or a promissory note require specific legal qualifications or are typically prepared by attorneys or title companies. A deed transfers ownership of property, a mortgage is a loan agreement secured by real estate, and a promissory note serves as a written promise to pay back a loan. These documents often involve complex legal language and implications that go beyond the typical scope of practice for real estate licensees. Therefore, while licensees can assist in facilitating these processes, they are not authorized to complete these legal documents themselves.