Exam (elaborations)
ASREB Practice Exam Questions With 100% Correct Answers.
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ASREB Practice Exam Questions With 100% Correct Answers. A 3.45-acre lot sells for 50 cents per square foot. What was the selling price? a. $37,570 b. $75,141 c. $76,230 d. $78,712 b. $75,141 A blind ad refers to an ad that a. provides no price b. provides no address c. gives no indication that the property is listed with a broker d. gives no indication that the property has been sold or not c. gives no indication that the property is listed with a broker A borrower is required to put 10% down for the purchase of a property. The 10% down would be considered a. equity b. boot c. tax shelter d. leverage a. equity A broker, acting as a property manager, would be what type of agent? a. special b. general c. implied d. ostensible
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