PA Real Estate Package Deal With Complete Study Solutions Rated A+

A couple owns an older home in a neighborhood that is becoming a commercial area. Because of the change in the use of the land, the couple can expect the value of their parcel to increase at some future time. This is an example of the principle of - ️️anticipation Even after an offer has acc...

conventional life estate - ️️created intentionally by the owner and may be established by deed at the time the ownership is transferred, during the owners life, or by a provision of the will after his or her death. The estate is is conveyed to an individual known as the LIFE TENANT and they m...

The Pennsylvania real estate commission may levy a civil penalty upon an individual who violates any provision of the real estate licensing and registration act, but only if the individual has been A. warned in writing B. given the opportunity for a hearing C. confronted in person D. suspended...

Duties of Buyer's Broker - ️️(1) to be loyal to the buyer by taking action that is consistent with the buyer's interest in a transaction; (2) to make a continuous and good faith effort to find a property for the buyer, except that a buyer's broker is not obligated to seek additional ...

The owner of 50 acres of land with 500 feet of frontage on a desirable recreational lake wishes to subdivide the parcel into salable lots. She wants to retain control over the lake frontage while allowing lot owners to have access to the lake. What type of access rights should she give prospectiv...

How many months past the term can someone serve while they are finding a replacement? - ️️6 Failure to attend ___ consecutive meetings will forfeit their seat unless excused due to illness or family death. - ️️3 The commissioner's purpose is to provide _______, _______, and _______ su...

What is the act called of denying mortgages to applicants from a certain area based on factors other than financial qualifications? - ️️Redlining What is the process of estimating the value of real property by using the rate of return and the annual net income? - ️️Capitalization What is...

The Pennsylvania real estate commission may levy a civil penalty upon an individual who violates any provision of the real estate licensing and registration act, but only if the individual has been A. warned in writing B. given the opportunity for a hearing C. confronted in person D. suspended...