Privity of estate - Study guides, Revision notes & Summaries

MA Real Estate Complete Exam Questions and Correct Answers| 750+ Answered Questions to Help You Pass

Real estate agents are considered to have which kind relationship with clients? A fiduciary relationship Acting as which of the following is a violation of The Real Estate License Act? Acting as a broker without possessing a valid license issued by the Texas Real Estate Commission Which of the following is a reason to study the aspects of agency and agency law? 1. Agents who are well versed in the aspects of the agency roles can project an aura of confidence that can calm a nervous client ...

AYPO Real Estate Law of Agency Final Exam Review Real estate agents are considered to have a kind relationship with clients? - ANS A fiduciary relationship Acting as which of the following is a violation of The Real Estate License Act? - ANS Acting as a broker without possessing a valid license issued by the Texas Real Estate Commission Which of the following is a reason to study the aspects of agency and agency law? - ANS 1. Agents who are well versed in the aspects of the ag...

Real estate agents are considered to have which kind relationship with clients? - ANSWER-A fiduciary relationship Acting as which of the following is a violation of The Real Estate License Act? - ANSWER-Acting as a broker without possessing a valid license issued by the Texas Real Estate Commission Which of the following is a reason to study the aspects of agency and agency law? - ANSWER-1. Agents who are well versed in the aspects of the agency roles can project an aura of confidence that...

What is a contract? A legally binding agreement between two or more persons, competent at law to enter into such agreement, for consideration or value, to do or refrain from doing something lawful. True or false? An oral contract for the acquisition or disposition of any interest in the land is enforceable. False. Any contract in real estate is required to be in writing. When drafting a contract, what does The Statute of Frauds require? - Must be in writing to be enforceable by ...

BLAW212 1st half Exam Questions with Correct Answers contract - Answer-a promise or set of promises which the law will enforce classical contract theory - Answer--meeting of the minds in offer and acceptance -intention to create legal relations -mutual consideration -agreement by consent freely given formation of contract - Answer-offer acceptance intention to be bound consideration offer - Answer-clear and ambiguous undertaking to be bound by specified terms which becomes binding ...

ALIENATION SUMMARY  Analyse alienation covenants and apply common law/statute to advise a client  Advise a client on the PROCEDURE for assigning/underletting a lease. What is it? ALIENATION  TRANSFER OF INTEREST IN LEASE. > Tenant disclaims their interest in the lease. o E.g. client’s business is not doing well so client wants to get out of the lease. If there is no break clause in the lease, their only option is alienation. > Alienation can involve: o Assignment o Un...

Real estate agents are considered to have which kind relationship with clients? - ANSWER-A fiduciary relationship Acting as which of the following is a violation of The Real Estate License Act? - ANSWER-Acting as a broker without possessing a valid license issued by the Texas Real Estate Commission Which of the following is a reason to study the aspects of agency and agency law? - ANSWER-1. Agents who are well versed in the aspects of the agency roles can project an aura of confidence that...

Real estate agents are considered to have which kind relationship with clients? - correct answer-A fiduciary relationship Acting as which of the following is a violation of The Real Estate License Act? - correct answer-Acting as a broker without possessing a valid license issued by the Texas Real Estate Commission Which of the following is a reason to study the aspects of agency and agency law? - correct answer-1. Agents who are well versed in the aspects of the agency roles can project an...

AYPO - Oregon Real Estate Broker License Education Review What is a tax allocation district? - ANS A district where property is charged a higher property tax in order to build infrastructure for that area Which of the following is a factor that affects accessibility? a. Continuity Incorrect b. Mobility substitutes c. Air superiority d. Matriculation - ANS Mobility substitutes Predatory loans often have fees that cost more than... - ANS 5% of the total ...