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Colibri Real Estate (Real Estate Express) Exam BUNDLE
Colibri Real Estate (Real Estate Express) Exam BUNDLE
[Show more]Colibri Real Estate (Real Estate Express) Exam BUNDLE
[Show more]Anything that is fastened or attached to real property permanently is considered 
to be: - CORRECT ANSWER-Real Property 
A quitclaim deed releases all present claims, rights and title of the: - CORRECT 
ANSWER-Grantor 
When a creditor wants to satisfy a judgment which was levied against another 
per...
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Add to cartAnything that is fastened or attached to real property permanently is considered 
to be: - CORRECT ANSWER-Real Property 
A quitclaim deed releases all present claims, rights and title of the: - CORRECT 
ANSWER-Grantor 
When a creditor wants to satisfy a judgment which was levied against another 
per...
Real Estate Principles Final Exam 
Anything that is fastened or attached to real property permanently is considered 
to be: - CORRECT ANSWER-Real Property 
A quitclaim deed releases all present claims, rights and title of the: - CORRECT 
ANSWER-Grantor 
When a creditor wants to satisfy a judgment wh...
Preview 2 out of 10 pages
Add to cartReal Estate Principles Final Exam 
Anything that is fastened or attached to real property permanently is considered 
to be: - CORRECT ANSWER-Real Property 
A quitclaim deed releases all present claims, rights and title of the: - CORRECT 
ANSWER-Grantor 
When a creditor wants to satisfy a judgment wh...
Real Estate Final Exam (150 Questions ) 
#1 and Answers (Graded A)
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Add to cartReal Estate Final Exam (150 Questions ) 
#1 and Answers (Graded A)
Real Estate Express Final Exam 
Nationally Accepted General Principles and Practices 
Real estate that includes non-physical interests, such as easements and 
restrictions is known as __ - CORRECT ANSWER-Real Property 
An item permanently attached to real property, such as an attached fence, is 
inc...
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Add to cartReal Estate Express Final Exam 
Nationally Accepted General Principles and Practices 
Real estate that includes non-physical interests, such as easements and 
restrictions is known as __ - CORRECT ANSWER-Real Property 
An item permanently attached to real property, such as an attached fence, is 
inc...
2x sold
Which of the following is not permitted in a contract lawsuit? 
a. Liquidated damages 
b. Actual damages 
c. Specific performance 
d. Punitive damages 
d. Punitive damages 
A non-conforming loan fails to meet whose underwriting standards? 
a. The primary lender 
b. The provider of the mortgagee titl...
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Add to cartWhich of the following is not permitted in a contract lawsuit? 
a. Liquidated damages 
b. Actual damages 
c. Specific performance 
d. Punitive damages 
d. Punitive damages 
A non-conforming loan fails to meet whose underwriting standards? 
a. The primary lender 
b. The provider of the mortgagee titl...
Which item below can help protect against a home with a listed incorrect street 
address or legal description in public records? - CORRECT ANSWER-Standard 
coverage title insurance policy and extended coverage title insurance policy 
Robert owns his property and enjoys the full bundle of rights. Can...
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Add to cartWhich item below can help protect against a home with a listed incorrect street 
address or legal description in public records? - CORRECT ANSWER-Standard 
coverage title insurance policy and extended coverage title insurance policy 
Robert owns his property and enjoys the full bundle of rights. Can...
Which of the following cannot be a trustee? - CORRECT ANSWER-CPA 
The discount points are 3%, which represents $2,700. The buyer down payment 
is 20%. What is the purchase price of the property - CORRECT 
ANSWER-100%-20%= 80% 
$2,700/3%= $90,000 
90,000/80%= $112,500 
A method of legal description t...
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Add to cartWhich of the following cannot be a trustee? - CORRECT ANSWER-CPA 
The discount points are 3%, which represents $2,700. The buyer down payment 
is 20%. What is the purchase price of the property - CORRECT 
ANSWER-100%-20%= 80% 
$2,700/3%= $90,000 
90,000/80%= $112,500 
A method of legal description t...
If a real estate salesperson closes on a transaction, who pays the salesperson 
their commission? - CORRECT ANSWER-The salesperson's sponsoring broker 
A means of comparing similar type properties, which have recently sold, to the 
subject property is known as the? - CORRECT ANSWER-Market Compariso...
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Add to cartIf a real estate salesperson closes on a transaction, who pays the salesperson 
their commission? - CORRECT ANSWER-The salesperson's sponsoring broker 
A means of comparing similar type properties, which have recently sold, to the 
subject property is known as the? - CORRECT ANSWER-Market Compariso...
Sellers market their property using a __________. - CORRECT ANSWER-listing 
agreement 
When the licensee has a buyer brokerage agreement with a purchaser, he or she 
must represent the best interests of the ___ rather than the ___. - CORRECT 
ANSWER-buyer,seller 
In most cases, buyers cannot make a ...
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Add to cartSellers market their property using a __________. - CORRECT ANSWER-listing 
agreement 
When the licensee has a buyer brokerage agreement with a purchaser, he or she 
must represent the best interests of the ___ rather than the ___. - CORRECT 
ANSWER-buyer,seller 
In most cases, buyers cannot make a ...
Florida Real Estate Class Final Exam 
A Business Broker - CORRECT ANSWER-Specializes in the sale, purchase or 
lease of businesses. Is required to have a real estate license and may be 
licensed as a real estate broker or sales associate 
Follow-Up is - CORRECT ANSWER-Keeping in contact with the new...
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Add to cartFlorida Real Estate Class Final Exam 
A Business Broker - CORRECT ANSWER-Specializes in the sale, purchase or 
lease of businesses. Is required to have a real estate license and may be 
licensed as a real estate broker or sales associate 
Follow-Up is - CORRECT ANSWER-Keeping in contact with the new...
Colibri Vocabulary, Chapters 1-20 Exam Questions and Answers Already Passed
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Add to cartColibri Vocabulary, Chapters 1-20 Exam Questions and Answers Already Passed
Colibri School Exam NJ 2023 
In a real estate transaction the principal would BEST be described as the - 
CORRECT ANSWER-Person represented by an agent 
Bert is showing his buyer a home in a historic district. The buyer mentions in 
passing that she would like to place solar panels on the roof. Beet...
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Add to cartColibri School Exam NJ 2023 
In a real estate transaction the principal would BEST be described as the - 
CORRECT ANSWER-Person represented by an agent 
Bert is showing his buyer a home in a historic district. The buyer mentions in 
passing that she would like to place solar panels on the roof. Beet...
land contract - CORRECT ANSWER-buyer pays seller to occupy and use 
property 
net lease - CORRECT ANSWER-buyer pays rent and other expenses 
gross lease - CORRECT ANSWER-buyer pays only rent 
goes to heirs - CORRECT ANSWER-Tenants in common, 2 of 3 people die. Who 
gets the property of those who die...
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Add to cartland contract - CORRECT ANSWER-buyer pays seller to occupy and use 
property 
net lease - CORRECT ANSWER-buyer pays rent and other expenses 
gross lease - CORRECT ANSWER-buyer pays only rent 
goes to heirs - CORRECT ANSWER-Tenants in common, 2 of 3 people die. Who 
gets the property of those who die...
Colibri Real Estate (Real Estate Express) Final Exam Review Verified Q&A Actual Test Questions
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Add to cartColibri Real Estate (Real Estate Express) Final Exam Review Verified Q&A Actual Test Questions
Appraisal - CORRECT ANSWER-An estimation of value. 
It is done by appraisers using specific techniques. 
Done to: obtain a loan, insurance value, divorce settlement or capital gain. 
Broker Price Opinion - CORRECT ANSWER-An opinion by a local expert of the of the 
value of a property based upon prop...
Preview 2 out of 6 pages
Add to cartAppraisal - CORRECT ANSWER-An estimation of value. 
It is done by appraisers using specific techniques. 
Done to: obtain a loan, insurance value, divorce settlement or capital gain. 
Broker Price Opinion - CORRECT ANSWER-An opinion by a local expert of the of the 
value of a property based upon prop...
Colibri Chapter 1, 2, 3 Exam 
The Knowledge of Property Transfer - - CORRECT ANSWER-by deed, will, 
inheritance or the use of contracts, or trusts. 
Knowledge of Market Conditions - - CORRECT ANSWER-the level of listings on 
the market, how the property may be financed, how quickly property sells an...
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Add to cartColibri Chapter 1, 2, 3 Exam 
The Knowledge of Property Transfer - - CORRECT ANSWER-by deed, will, 
inheritance or the use of contracts, or trusts. 
Knowledge of Market Conditions - - CORRECT ANSWER-the level of listings on 
the market, how the property may be financed, how quickly property sells an...
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