100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Previously searched by you
Previously searched by you
logo
OREC Final Kevo Questions and Answers Graded A+ $11.99
Add to cart
Quickly navigate to
Preview
  2.  
  3. OREC
  4.  
  5. OREC

Exam (elaborations)

OREC Final Kevo Questions and Answers Graded A+
 0 purchase
  • Course
  • OREC
  • Institution
  • OREC

OREC Final Kevo Questions and Answers Graded A+ The real estate market may be described in all of the following ways EXCEPT: free market. local market. moveable market. market that is slow to react to change in supply and demand. C. moveable market The provisions of the Oklahoma Re...

[Show more]

Preview 4 out of 89  pages

Document information

  • March 24, 2024
  • 89
  • 2023/2024
  • Exam (elaborations)
  • Questions & answers

Subjects

  • orec final kevo questions and answers graded a

Written for

  • OREC
  • OREC

Seller

avatar-seller
StellarScores

Reviews received

Content preview

OREC Final Kevo Questions and Answers Graded A+ The real estate market may be described in all of the following ways EXCEPT: free market. local market. moveable market. market that is slow to react to change in supply and demand. ✔✔C. moveable market The provisions of the Oklahoma Real Estate License Code originate in the state legislature. The agency created in 1950 to administer and enforce the Code is the: National Association of REALTORS®. Association of Real Estate License Law Officials. Oklahoma Association of Real Estate Authorities. Oklahoma Real Estate Commission. ✔✔D. Oklahoma Real Estate Commission The provisions requiring a person to be licensed as a real estate broker or sales associate shall apply to any person who for compensation: leases, offers to lease, rents or offers to rent real estate. solicits prospective purchasers of real property. Both A and B. Neither A nor B. ✔✔C. leases, offers to lease, rents or offers to rent real estate. solicits prospective purchasers of real property. Both The term REALTOR refers to: all licensed real estate brokers. all brokers and their sales associates. members of the Oklahoma Real Estate Commission. only brokers and associates who are members of the National Association of REALTORS. ✔✔D. only brokers and associates who are members of the National Association of REALTORS The definition of real property includes all of the following, EXCEPT: land and i mprovements. mineral rights. buildings attached to the land. trade fixtures. ✔✔D. trade fixtures Under our land system, we have certain rights which are called "bundle of rights." Which of the following is included in the "bundle of rights?": Right of dis position. Right of unrestricted use. Right of eminent domain. Right to bear arms. ✔✔A. Right of disposition Riparian rights are best described as those rights: specifically granted for a specified source of water. found in the records of the office of the County Clerk. an owner has from a natural water course abutting or crossing the land. obtained by the purchase of fixtures. ✔✔C. an owner has from a natural water course abutting or crossing the land Property of a temporary or moveable nature is: persona l property. real property. Realty. real estate. ✔✔A. personal property Which of the following is an economic characteristic of land?: Scarcity. Indestructibility. Heterogeneity. Fixed location. ✔✔A. Scarcity Which of the following does the law recognize as the highest type of interest in real estate?: Conventional life estate. Fee simple estate. Leasehold estate. Estate of survivorship. ✔✔B. Fee simple estate Real estate occupied as a home by an owner who enj oys special rights and privileges is a(n): Freehold. Homestead. joint tenancy.

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller StellarScores. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $11.99. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

67418 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 15 years now

Start selling
$11.99
  • (0)
Add to cart
Added