Real estate wra test - Study guides, Class notes & Summaries

WRA EXAM 2024 WITH COMPLETE SOLUTIONS. The WB-11 Residential Offer to Purchase describes which of the following as the way an earnest money payment should be handled as a result of a sale involving cooperating firms? - ANSWER The selling licensee should have all earnest money checks paid directly to the listing firm... Explanation: The Earnest Money section of the offer states: "Unless otherwise agreed, earnest money shall be paid to and held in the trust account of the listing broker." ...

WRA Practice Test Questions and Answers Already Passed A buyers uses a buyers licensee to draft an offer. The WB-11 residential offer to purchase directs the buyer's licensee to make the earnest money check payable to the: A. Buyers firms trust account B: selling firms trust account C: sellers account D: Listing firms trust account listing firms trust account Explanation: " Which of the following is the type of agency model where the firm represents just the seller in the transaction ac...

$346,423 ($494,890 x 70% =$346,423 ) - Accurate AnswersWhat was the amount of the loan obtained by the buyer? The property's appraised value is equal to the purchase price. A:$134,970 B:$346,423 C:$148,467 D:$314,930 a group boycott - Accurate AnswersThe existing firms in town have decided not to work with a new firm that charges less commission. This is likely: A:price-fixing B:Commission structuring C:a group boycott D:MLS policy $274.80 ($91,600 x .003 = $274.80.) - Accurate A...

radioactive gas in the air that comes from the natural breakdown of uranium in soil, rock and water is: A: Mold B: Radium C: Radon D: Meth Question 45 XXX radon A buyer wants to have the interest earned on their earnest money deposit. Which of the following statements is most correct? A: The broker cannot draft an escrow agreement for the buyer and seller B: The broker can give the interest to the buyer if the offer to purchase states that the buyer gets the interest C: The broker can...

radioactive gas in the air that comes from the natural breakdown of uranium in soil, rock and water is: A: Mold B: Radium C: Radon D: Meth Question 45 XXX : radon A buyer wants to have the interest earned on their earnest money deposit. Which of the following statements is most correct? A: The broker cannot draft an escrow agreement for the buyer and seller B: The broker can give the interest to the buyer if the offer to purchase states that the buyer gets the interest C:...

radioactive gas in the air that comes from the natural breakdown of uranium in soil, rock and water is: A: Mold B: Radium C: Radon D: Meth Question 45 XXX radon A buyer wants to have the interest earned on their earnest money deposit. Which of the following statements is most correct? A: The broker cannot draft an escrow agreement for the buyer and seller B: The broker can give the interest to the buyer if the offer to purchase states that the buyer gets the interest C: The broker can...

radioactive gas in the air that comes from the natural breakdown of uranium in soil, rock and water is: A: Mold B: Radium C: Radon D: Meth Question 45 XXX radon A buyer wants to have the interest earned on their earnest money deposit. Which of the following statements is most correct? A: The broker cannot draft an escrow agreement for the buyer and seller B: The broker can give the interest to the buyer if the offer to purchase states that the buyer gets the interest C: The broker ca...

radioactive gas in the air that comes from the natural breakdown of uranium in soil, rock and water is: A: Mold B: Radium C: Radon D: Meth Question 45 XXX - radon A buyer wants to have the interest earned on their earnest money deposit. Which of the following statements is most correct? A: The broker cannot draft an escrow agreement for the buyer and seller B: The broker can give the interest to the buyer if the offer to purchase states that the buyer gets the inter...

Real-estate wra test.

Radioactive gas in the air that comes from the natural breakdown of uranium in soil, rock and water is: A: Mold B: Radium C: Radon D: Meth Question 45 XXX - ANSWER radon A buyer wants to have the interest earned on their earnest money deposit. Which of the following statements is most correct? A: The broker cannot draft an escrow agreement for the buyer and seller B: The broker can give the interest to the buyer if the offer to purchase states that the buyer gets the i...