COLIBRI REAL ESTATE FINAL EXAM 2024 WITH 100% CORRECT ANSWERS
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 Tenant...
"Thank you so much for the five-star review! I’m thrilled to hear that you had a positive experience with the exam. Your feedback means a lot and motivates me to keep delivering quality content. Best of luck with your studies, and I’m here if you need any further assistance!"
Feel free to personalize it further!
By: andersonmoodie • 1 month ago
Seller
Follow
YANCHY
Reviews received
Content preview
COLIBRI REAL ESTATE FINAL EXAM
2024 WITH 100% CORRECT ANSWERS
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 died?
Tenant owns it in severality - correct answer✔✔ Joint Tenancy, 3 of 4 people die. Who gets property of
those who died?
Client - correct answer✔✔ Another word for principal
race, nat. origin, sex, color, religion, disability, familial status - correct answer✔✔ Protected by Fair
Housing Act
marital status - correct answer✔✔ Not protected by Fair Housing Act
Blockbusting - correct answer✔✔ telling homeowners that property values will be declining because of
ethical/racial makeup is changing
flat, paved parking lot - correct answer✔✔ real estate put to its highest use
puffing - correct answer✔✔ "This is the most prestigious street in town"
, $5,000 - correct answer✔✔ maximum fine for first offense
name and broker - correct answer✔✔ an individual advertisement needs...
statement that they are licensed - correct answer✔✔ a brokerage advertisement needs...
48 hours - correct answer✔✔ if listing is submitted to MLS, must notify customer within...
at their next meeting - correct answer✔✔ Licensee must deliver Consumer Info Statement when...
blanket mortgage - correct answer✔✔ a mortgage that covers 2 parcels of land
easement in gross - correct answer✔✔ gas company intrudes on land to fix a gas line
the seller - correct answer✔✔ signs the deed at a closing
listing agreement - correct answer✔✔ least likely to require a legal description
let the client know - correct answer✔✔ agent takes on a listing, decides to buy house for themselves
honesty - correct answer✔✔ Open house, declined agency relationship... What does the agent owe the
person?
disclose it to the buyers - correct answer✔✔ leak in the house, seller is trying to hide it but the agent
finds it
listings stay with brokerage - correct answer✔✔ agent switches brokerages, what happens to their
listings?
The benefits of buying summaries with Stuvia:
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
You can quickly pay through credit card for the summaries. There is no membership needed.
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 YANCHY. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for £13.48. You're not tied to anything after your purchase.
