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Article 12-A of the NYS Real Property Law -ANSWER The section of the New York Real Property Law pertaining to real estate salespersons and brokers. - Primary purpose is to "Protect the Public" - Requires a salesperson to be at least 18 years of age - Requires a broker to be at least 20 years o...
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Add to cartArticle 12-A of the NYS Real Property Law -ANSWER The section of the New York Real Property Law pertaining to real estate salespersons and brokers. - Primary purpose is to "Protect the Public" - Requires a salesperson to be at least 18 years of age - Requires a broker to be at least 20 years o...
Why is there a high demand for property managers in Florida? -ANSWER Absentee owners One qualified by education, training and experience who is hired to estimate the value of real and personal property based on experience, judgment, facts, and use of formal appraisal process is known as a/an? -AN...
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Add to cartWhy is there a high demand for property managers in Florida? -ANSWER Absentee owners One qualified by education, training and experience who is hired to estimate the value of real and personal property based on experience, judgment, facts, and use of formal appraisal process is known as a/an? -AN...
A real estate licensee has a buyer agency agreement. What is the seller in this situation? -ANSWER A customer. An optionor and an optionee make a contract for an option on a commercial piece of property. If the optionee decides to exercise his option, when must he perform? -ANSWER He must exercis...
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Add to cartA real estate licensee has a buyer agency agreement. What is the seller in this situation? -ANSWER A customer. An optionor and an optionee make a contract for an option on a commercial piece of property. If the optionee decides to exercise his option, when must he perform? -ANSWER He must exercis...
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An appraisal can be completed by which of the following? A home inspector A real estate broker A licensed appraiser using USPAP standards A mortgage loan originator - ANSWERA licensed appraiser using USPAP standards What is a BPO? Broker Price Opinion Best Practice Organization Best Pr...
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Add to cartAn appraisal can be completed by which of the following? A home inspector A real estate broker A licensed appraiser using USPAP standards A mortgage loan originator - ANSWERA licensed appraiser using USPAP standards What is a BPO? Broker Price Opinion Best Practice Organization Best Pr...
Which of the following are tax-deductible expenses resulting from home ownership? -ANSWER Mortgage interest and property taxes Which of the following is true regarding the $500,000 exemption, in the sale of a personal residence, for a married couple filing jointly? -ANSWER A married couple can us...
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Add to cartWhich of the following are tax-deductible expenses resulting from home ownership? -ANSWER Mortgage interest and property taxes Which of the following is true regarding the $500,000 exemption, in the sale of a personal residence, for a married couple filing jointly? -ANSWER A married couple can us...
supply -ANSWER The amount of goods offered for sale within a given market at a given price during a given time period. General Agent -ANSWER A property manager is an example of what type of agent? Special Agent -ANSWER A real estate agent is an example of what type of agent? Residential, Co...
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Add to cartsupply -ANSWER The amount of goods offered for sale within a given market at a given price during a given time period. General Agent -ANSWER A property manager is an example of what type of agent? Special Agent -ANSWER A real estate agent is an example of what type of agent? Residential, Co...
The Department of State's ability to enforce license laws through reprimand and denial as well as the suspension and revocation of licenses is known as...? -ANSWER Administrative Discipline To mingle or mix funds is known as what...? -ANSWER Commingling Chris is a real estate broker involved ...
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Add to cartThe Department of State's ability to enforce license laws through reprimand and denial as well as the suspension and revocation of licenses is known as...? -ANSWER Administrative Discipline To mingle or mix funds is known as what...? -ANSWER Commingling Chris is a real estate broker involved ...
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