Restrictive covenants Study guides, Revision notes & Summaries
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Michigan Builders License Exam Questions With Correct Answers
- Exam (elaborations) • 71 pages • 2023
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Created to serve as a complete, comprehensive code regulating the construction of single-family, two-family and buildings consisting of three or more townhouse units. - Answer IRC (International Residential Code) 
 
Administrative - Answer First 2 chapters of code book are 
 
True - Answer Plans or supporting documents are almost always required by the controlling authority prior to issuing a permit. T or F 
 
Yes - Answer Does the building official have the authority to render interpretations o...
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PSI PA State Real Estate Practice Exam Questions and Answers 100% Pass
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PSI PA State Real Estate Practice Exam Questions and Answers 100% Pass 
Requires the seller to provide notice to a purchaser about whether a structure on the land is entitled to support from the underlying coal. Coal Notice 
Three conditions that must be met for a mobile home to be considered real estate 1. Mobile home is transferred in conjunction with and as a part of an assignment of a land lease or the transfer of an interest in land on which the mobile home is situated; or 2. Mobile home is...
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Superior School of Real Estate Final | 110 Questions With 100% Correct Answers.
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Which of the following would create legally binding acceptance of a written offer? -The seller's 
agent emails the buyer's agent that the seller signed the offer as written. 
A broker is preparing a comparative market analysis (CMA) for a subject property with 3200 square feet. 
A comparable property has 2750 square feet. The estimated value of 450 additional square feet is 
$22,500. The broker should... -Add $22,500 to the sales price of the comparable property. 
An option to purchase has bee...
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California Real Estate Exam: Questions & Answers Latest Update 2023/2024 100% Verified
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California Real Estate Exam: Questions & Answers Latest Update 2023/2024 100% Verified. Reed vs. King Case 
(Ans- Must disclose death (and manner of death) on a property if occurs 
within 3 years, except AIDS 
Jones vs. Mayer Supreme Court Decision (1968) 
(Ans- Racial discrimination not allowed (whether selling or buying) in all 
PRIVATE property transactions (based on Civil Rights Act of 1968) 
Easton vs Strassburgar 
(Ans- Seller disclosures to third parties AND agent visual inspection of all...
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45 Hour Post Licensing Exam Correct 100%
- Exam (elaborations) • 8 pages • 2024
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A married couple have prequalified for a $240,000 conventional mortgage. If they put 20% down, they can buy a house for - ANSWER $300,000 
 
What facts need not be disclosed in a real estate transaction? - ANSWER The property was the site of a homicide. 
 
What is a good graphic to show a seller that there will be more activity if the property is competitively priced? - ANSWER The pricing pyramid 
 
A home sells for $310,500. Expenses of the sale are $4,800. The brokerage fee is $18,630. Prorati...
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45 Hour Post Licensing Exam Questions with 100% Correct Answers
- Exam (elaborations) • 8 pages • 2023
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A married couple have prequalified for a $240,000 conventional mortgage. If they put 20% down, they can buy a house for Correct Answer $300,000 
 
What facts need not be disclosed in a real estate transaction? Correct Answer The property was the site of a homicide. 
 
What is a good graphic to show a seller that there will be more activity if the property is competitively priced? Correct Answer The pricing pyramid 
 
A home sells for $310,500. Expenses of the sale are $4,800. The brokerage fee i...
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Post 301--Broker Relationships and Responsibilities Questions With 100% Correct Answers.
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Material 
fact - About the property 
Related to the property 
Principal able to complete the transaction 
Special importance 
Disclosing material facts about a seller's property - To client or customer 
Even if it hurts your customer 
Regardless of how pubic the material fact is 
Listing agent has highest responsibility 
Buyer agent is responsible to disclose if known 
Answer questions to avoid misrepresentation 
Willful - intentional 
Negligent - Unintentional--failure to exercise reasonable c...
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RECA Fundamentals Exam Questions and Answers Already Passed
- Exam (elaborations) • 34 pages • 2023
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RECA Fundamentals Exam Questions and Answers Already Passed 
Which of the following is NOT a RECA educational resource for industry professionals? Spatial Information System (Spin 2) 
Which entity has the authority to amend the Real Estate Act Provincial Legislature 
Which of the following measures the change in a cost of a fixed basket of goods and services purchased by families over a period of time Consumer Price Index (CPI) 
Which of the following will occur to the supply of a good when ther...
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Fixtures and Chattels, Mortgages, Easements, Non-Trust Interests, Leases, Restrictive Covenants, Covenants, Estate Contracts, Co-Ownership, Leases
- Summary • 87 pages • 2023
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Fixtures and Chattels, Mortgages, Easements, Non-Trust Interests, Leases, Restrictive Covenants, Covenants, Estate Contracts, Co-Ownership, Leases 
 
Complete guide to land with tables explaining legal and equitable rights, Includes templates for practice questions
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Escrow Sample Test Questions and Answers Rated A
- Exam (elaborations) • 18 pages • 2023
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Escrow Sample Test Questions and Answers Rated A 
An escrow is an arrangement that: a) Holds documents, b) Holds funds, c) Creates documents to affect a transfer of interest in property, d) is responsible for guaranteeing funds. A, B, C, E 
When is it necessary to have closing documents recorded prior to disbursement of escrow funds? a) it is not necessary, b) in almost all situations, c) when instructed by one of the parties to the escrow, d) only when the written instructions require recording...
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