Exam (elaborations)
REAL ESTATE EXPRESS PA 30 HOUR FINAL EXAM PREP QUESTIONS WITH COMPLETE ANSWERS GRADED A.
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Colibri Real Estate 30 Hour
Institution
Colibri Real Estate 30 Hour
REAL ESTATE EXPRESS PA 30 HOUR FINAL EXAM PREP QUESTIONS WITH COMPLETE ANSWERS GRADED A+
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Colibri Real Estate 30 Hour
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REAL ESTATE EXPRESS PA 30 HOUR
FINAL EXAM PREP QUESTIONS WITH
COMPLETE ANSWERS GRADED A+
Under ddthe dd_______ ddof ddrecording, ddtitle ddpasses ddwhen ddthe ddconveyance ddis
ddregistered ddon ddthe ddtitle ddcertificate. dd- ddCorrect ddAnswer dd- ddTorrens ddSystem
Ownership ddof dda ddproperty ddreverted ddto ddthe ddgrantor ddof ddthe ddestate ddwhen ddits
ddusage ddfailed ddto ddconform ddto dda ddstated ddcondition ddin ddthe ddgrant. ddWhat ddtype
ddof ddestate ddexisted? dd- ddCorrect ddAnswer dd- ddFee ddSimple ddDefeasable
How dddoes ddPlanned ddUnit ddDevelopment ddzoning dddiffer ddfrom ddordinary ddzoning?
dd- ddCorrect ddAnswer dd- ddIt ddrequires ddthat ddmultiple ddtracts ddof ddland ddbe
dddeveloped ddaccording ddto dda ddsingle dddesign ddfor ddefficient dduse ddof ddspace.
Seller ddMonica ddis ddselling ddher ddproperty ddto ddHarriet. ddWhat ddis ddMonica's
ddprimary ddresponsibility ddat ddclosing? dd- ddCorrect ddAnswer dd- ddTo dddeliver
ddmarketable ddtitle
Unlike ddbuyer/seller ddagency ddagreements ddthat ddcreate dd_________, ddthe
ddmanagement ddagreement ddcreates dd________. dd- ddCorrect ddAnswer dd- ddSpecial
ddagency, ddGeneral ddagency
A ddcooperative ddis dda ddtype ddof dd- ddCorrect ddAnswer dd- ddResidential ddproperty
What ddis dda ddforecast ddof ddincome ddand ddexpenses ddthat ddcan ddbe ddprojected ddover
ddfive ddyears? dd- ddCorrect ddAnswer dd- ddStabilized ddBudget
What ddis ddanother ddcommon ddname ddfor ddthe ddlot ddand ddblock ddsystem ddof ddlegal
dddescriptions? dd- ddCorrect ddAnswer dd- ddRecorded ddPlat ddMethod
Which ddof ddthe ddfollowing ddtypes ddof ddproperty ddsales ddtypically ddrequires dda
ddproperty ddcondition dddisclosure? dd- ddCorrect ddAnswer dd- ddA ddthree ddunit, ddmulti-
family dddewlling
Mary ddabandoned ddher ddproperty ddby ddfailing ddto ddpay ddits ddproperty ddtaxes, ddand
ddthe ddproperty ddreverted ddto ddthe ddstate. ddThis ddis ddan ddexample ddof dd- ddCorrect
ddAnswer dd- ddEscheat
, A(n) dd________ ddis ddone ddthat ddconflicts ddwith ddthe ddordinances ddthat ddwere
ddenacted ddafter ddthe dduse ddcommenced. dd- ddCorrect ddAnswer dd- ddLegal
ddnonconforming dduse
Which ddof ddthe ddfollowing ddwould ddbe ddfound ddin dda ddmanagement ddproposal? dd-
ddCorrect ddAnswer dd- ddSchedule ddof ddmaintenance ddrequirements
The ddsize ddof ddjurisdiction's ddtax ddbase ddis ddderived ddby dd- ddCorrect ddAnswer dd-
ddsubtracting ddexemptions ddfrom ddassessed ddvalues
Which ddof ddthe ddfollowing ddwould ddbe ddconsidered ddcommunity ddproperty ddin dda
ddcommunity ddproperty ddstate? dd- ddCorrect ddAnswer dd- ddA ddcar ddthe ddspouses
ddbought ddtogether ddafter ddthe ddmarriage
Homeowner ddLouise ddhas ddbeen ddlax ddin ddprotecting ddher ddproperty ddrights.
ddAccording ddto ddthe dd___________, ddLouise ddmay ddlose ddthose ddproperty ddrights. dd-
ddCorrect ddAnswer dd- ddDoctrine ddof ddLaches
Justin dddefaulted ddon ddhis ddhome ddmortgage ddpayments. ddThe ddlender ddobtained dda
ddcourt ddorder ddto ddforeclose ddon ddthe ddproperty. ddAt ddthe ddforeclosure ddsale,
ddJustin's ddhouse ddsold ddfor dd$339,000 ddand ddthe ddunpaid ddbalance ddof ddhis ddloan
ddis dd$400,000. ddWhat ddmust ddthe ddlender dddo ddto ddrecover ddthe dd$61,000 ddJustin
ddstill ddowes? dd- ddCorrect ddAnswer dd- ddSeek dda dddeficiency ddjudgment.
Gerald ddis dd55, ddsingle, ddand ddresides ddon ddhis dd3 ddacre ddproperty. ddWhy ddwill
ddGerald ddqualify ddfor dda ddhomestead ddexemption? dd- ddCorrect ddAnswer dd- ddBecause
ddhe ddlives ddon ddthe ddproperty
The ddQuarry ddMountain ddSubdivision ddrequires ddall ddproperties ddto ddhave ddfences
ddthat ddare ddat ddleast dd8 ddfeet ddtall ddsurrounding ddeach ddproperty. ddThis ddis ddan
ddexample ddof dd- ddCorrect ddAnswer dd- dda dddeed ddrestriction.
Which ddclause ddprotects dda ddlender ddif ddhe dddoes ddnot ddwant ddthe ddloan ddto ddbe
ddassumed ddby ddanother ddparty? dd- ddCorrect ddAnswer dd- ddAlienation
160 ddCounty ddDrive ddhas dd4 ddacres ddof ddopen ddpasture ddand dda dd1,900 ddsquare
ddfoot ddhome. ddThe ddhome ddhas dd2 ddbedrooms ddand dd4 ddbathrooms. ddCall dd555-
555-5555 ddnow ddfor ddinformation! ddWhat ddis ddmissing ddfrom ddthis ddadvertisement
ddthat ddmakes ddit dda ddblind ddad? dd- ddCorrect ddAnswer dd- ddThe ddbroker's
ddidentification
A ddtenant ddwho ddstays ddbeyond ddhis ddlease ddwithout ddconsent ddof ddthe ddlandlord ddis
ddknown ddas dd- ddCorrect ddAnswer dd- dda ddtenant ddat ddsufferance.
Which ddof ddthe ddfollowing ddis dda ddvaluable ddskill ddfor dda ddproperty ddmanager ddto
ddhave? dd- ddCorrect ddAnswer dd- ddKnowledge ddof ddbuilding ddsystems