Real Estate / Property Law

Property management license Exam Questions And Solutions All of the following are protected classes under the Fair Housing Laws EXCEPT - ANSWER -age The duties and powers of the SC Real Estate Commission include all of the following EXECPT - ANSWER -conducting investigations of a real estate office based on an irate phone call The SC Real Estate Commission may investigate for all of the following reasons EXCEPT - ANSWER -a written complaint submitted by an agent about a cooperative ...

A corporation is a legal entity that can buy and sell real estate as set out in its charter. Ownership in severalty is property owned by one individual or corporation. A house is owned by three joint tenants, and one of the owners, as permitted by state law, sells that interest to a new owner. The result is a tenancy in common between the new owner and the remaining joint tenants The owner of a condominium unit learns that a neighbor has failed to pay real estate taxes. If this neighbor do...

listings; PURCHASE/SALES AGREEMENTS EXAM QUESTIONS WITH ANSWERS A salesperson newly licensed in this state, takes a listing on real property. Who does the listing belong to? A. The salesperson only. B. The salesperson and the broker. C. The broker only. D. Neither, until a sale is made. - AnswerC. The broker only. All listings are considered to be contracts between the seller and the broker. The salesperson is only a representative of the broker. The listing employs the broker ...

Business Law Test Questions with Verified Answers Will It is advisable only for the wealthy Guardian Choose the ex- ecutor of his or her estate Trust It is a bailment for the sole bene- fit of the bailee It is a bailment for the sole bene- fit of the bailor Desk Bailor-bailee bailment It can never be- come real prop- erty The right to in- spect the proper- ty at any time Which of the following is a legal document in which the drafter outlines what to do with his or her ...

D270 MIDTERM EXAM PERFECTLY SOLVED 2024 When Disneyland opened a park in Tokyo, Disney did not own the park, but made an agreement with a real estate company in Japan who would own it. The japanese company built the park, manages the park and gives Disney a percentage (or royalty) of the admission prices that consumers pay to enter Disneyland Tokyo. Which mode (or method) of Entry is Disney using in Japan? a. Exporting b. Equity Investment c. Foreign Direct Investment d. Joint ...

D270 MIDTERM EXAM QUESTIONS WITH CORRECT ANSWERS!! When Disneyland opened a park in Tokyo, Disney did not own the park, but made an agreement with a real estate company in Japan who would own it. The japanese company built the park, manages the park and gives Disney a percentage (or royalty) of the admission prices that consumers pay to enter Disneyland Tokyo. Which mode (or method) of Entry is Disney using in Japan? a. Exporting b. Equity Investment c. Foreign Direct Investment d. Joint Ve...

Real Estate Salesperson California State Exam with questions and correct answers //latest update If an income property is valued at $100,000 based on an 8% capitalization rate, what would be the value of the property if a 10% return is required: - ANSWER -$80,000 $100,000 Value of Property x 0.08 Capitalization Rate =$8,000 Net Income $8,000 Net Income ÷ 0.10 of Return =$80,000 Value of Property The value of the best property in the neighborhood will be adversely affected by the ...

GA - License Law, Rules and Regulations Exam Q&A 100% Pass GREC - Georgia Real Estate Commission Injunction - Temporary or permanent halt of activities that may constitute a violation of real estate law Net brokerage engagement - A seller agrees to pay the broker everything earned over the property's list price; Illegal in Georgia Sanction - Penalty for violating real estate law (more severe than a citation) Citation - Penalty for violating real estate law (less severe than a s...

REAL ESTATE ( AZ SPECIFIC ) Exam Questions And Answers 100% Pass. Arizona property taxes are based on: - AnswerAssessed value The tax rate applied to owner occupied residential property is: - Answer10 % What lien has priority first: - AnswerProperty taxes Property taxes become a lien the first day of: - AnswerJanuary If a property is not bid at a tax foreclosure sale: - AnswerAnyone can later buy the tax lien from the Treasurer Rank the following in order: IRS lien, Property Taxes, Spec...

Level 2: Real Estate License Law And Qualifications For Licensure Exam Questions And Answers 100% Pass. Why do real estate laws exist? - AnswerTo protect the real estate customer What did the world of real estate operate on? Latin for let the buyer beware. - AnswerCaveat emptor Which law deals with everything real estate in Florida? - AnswerChapter 475 When did the Florida Legislature pass Chapter 475? - AnswerIn 1923 What is the quasi-judicial body that administers and enforces license ...