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CE Final Exam RE, The CE Shop Test, Real Estate Final Exam With Questions And 100% SURE ANSWERS
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CE Final Exam RE, The CE Shop Test, Real Estate Final Exam With Questions And 100% SURE ANSWERS
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JACKLINECE Final Exam RE, The CE Shop Test, Real Estate Final
Pre
Exam With Questions And 100% SURE ANSWERS
Practice questions for this set
,8/26/24, 1:25 AM
Terms in this set (340)
_ __ is a process in which an appraiser determines a Bracketing
probable range of values for a property by
comparing a group of comparable sales to the
subject. The appraiser attempts to include both
superior and inferior units of comparison, such as
age, transaction price, etc.
Bracketing
Bridging
Substituting
Surrounding
The number of properties available describes this Scarcity
factor that influences value.
Related to demand, and reflects the supply of property, or lack thereof.
Demand
Scarcity
Transferability
Utility
Which of the following statements about agents and An agent should carry out the client's instructions as long as they are within the law.
the duty of obedience is true?
An agent can ignore a client's instructions if they
negatively affect the agent's commission.
An agent should carry out the client's instructions as
long as they are within the law.
An agent should never question a client's
instructions.
The duty of obedience extends beyond the
termination of the agency agreement.
, 8/26/24, 1:25 AM
Carson is purchasing a $600,000 property by $480,000
obtaining an 80/20 loan. How much is Carson
financing?
$120,000
$420,000
$480,000
$600,000
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