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
Real Estate National Exam Question with accurate answers, 100% Accurate, rated A+ CA$16.07   Add to cart
Quickly navigate to
Preview
  2.  
  3. Real Estate
  4.  
  5. Real Estate
  6.  
  7. Real Estate

Exam (elaborations)

Real Estate National Exam Question with accurate answers, 100% Accurate, rated A+
 1 view  0 purchase

Real Estate National Exam Question with accurate answers, 100% Accurate, rated A+ How does a creditor who has obtained a judgement get satisfaction against a debtor who will not pay? - -Writ of Execution The economic characteristics of land are? - -Scarcity, location, and durability What...

[Show more]

Preview 2 out of 14  pages

Document information

  • February 21, 2023
  • 14
  • 2022/2023
  • Exam (elaborations)
  • Questions & answers

Subjects

  • real estate national exam question with accurate answers
  • 100 accurate
  • rated a how does a creditor who has obtained a judgement get satisfaction against a debtor who will not pay writ of exec

Written for

All documents for this subject (1764)

Seller

avatar-seller
QuickPass

Reviews received

Content preview

Real Estate National Exam Question with
accurate answers, 100% Accurate, rated
A+

How does a creditor who has obtained a judgement get satisfaction against a debtor who will not pay? -
✔✔-Writ of Execution



The economic characteristics of land are? - ✔✔-Scarcity, location, and durability



What lease would best suit couples needs who are looking for temporary housing? - ✔✔-Month-to-
Month lease



The land description T3N, R4W Principal Meridian refers to what type of property description? - ✔✔-
Rectangular survey



Crops that require annual planting are generally considered to be? - ✔✔-Personal Property



A distinguishing characteristic of owning property by land trust is that? - ✔✔-The identity of the legal
owner is kept confidential



A lawsuit for reverse condemnation may be brought by the? - ✔✔-Homeowner



If conditions for purchase are included in a deed and these conditions are violated, what is the penalty?
- ✔✔-Return of the property to the original owner



When more than one approach to value is applied to a property and different indications of value are
produced, how should the final estimate of value be determined? - ✔✔-Reconciliation

, A borrower has defaulted on the mortgage. The mortgage contains an acceleration clause. This permits
the lender to? - ✔✔-Demand immediate payment of the entire note



Too much leverage may result in? - ✔✔-Negative cash flow



A managing broker can be held responsible for? - ✔✔-All real estate activities of salespersons



Earnest money should be deposited into a trust account when? - ✔✔-In a timely manner



Why was the Jones vs Mayer decision of 1968 important? - ✔✔-By upholding the Civil Rights Act of 1866



A landlord may refuse to rent to a tenant who? - ✔✔-Has ever been convicted of selling illegal drugs



The buyer is assuming a mortgage presently on the property in the amount of $110,000. What is the
adjustment made at the closing? - ✔✔-Credit buyer $110,000, debit seller $110,000



In most states, foreclosed property is sold through? - ✔✔-Public auction



Depreciation is calculated based on? - ✔✔-Cost of the building only



A judgement has been properly recorded. Any subsequent purchasers have actually examined the
record or not, have been given? - ✔✔-Constructive notice



An agreement to purchase which has not been closed is? - ✔✔-An executory contract



An agency agreement between a property owner and a property manager is usually created by? - ✔✔-A
management agreement



Homes built before 1978 require? - ✔✔-the buyer to acknowledge disclosure of the presence of any
known lead paint

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 QuickPass. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for CA$16.07. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

73091 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
CA$16.07
  • (0)
  Add to cart