Real Estate Bundled Exams Questions and Answers (Full Pack Solutions) 100% Verified and Updated 2024 | Graded A

REAL ESTATE TERMINOLOGY EXAM QUESTIONS AND ANSWERS A summary of digest of the conveyance, transfer and any othe facts elide on as evidence of title, together with any other elements of record which may impair the title - Answer- ABSTRACT OF TITLE A clause in a trust deed or mortgage giving the ...

Principles of Real Estate 1 Final Exam Questions and Answers If a real estate salesperson closes on a transaction, who pays the salesperson their commission? - Answer- The salesperson's sponsoring broker A means of comparing similar type properties, which have recently sold, to the subject pro...

Real Estate Principles Final Exam 2024 Questions and Answers Anything that is fastened or attached to real property permanently is considered to be: - Answer- Real Property A quitclaim deed releases all present claims, rights and title of the: - Answer- Grantor When a creditor wants to satisfy ...

NYS Real Estate Practice Exam Questions and Answers What agency issues real estate licenses? - Answer- The New York State Department of State (NYDOS), Divison of Licensing Services At what age can you become a real estate salesperson? - Answer- 18 Do you need experience in the field to become a...

SOUTH CAROLINA REAL ESTATE EXAM PRACTICE QUESTIONS AND ANSWERS The amount per $1,000 used to calculate taxes on property is the - Answer- milliage rate The common name of the hazardous-waste cleanup fund established by the Comprehensive Environmental Response, Compensation and Liability Act (CE...

REAL ESTATE ( AZ SPECIFIC ) EXAM QUESTIONS AND ANSWERS Arizona property taxes are based on: - Answer- Assessed value The tax rate applied to owner occupied residential property is: - Answer- 10 % What lien has priority first: - Answer- Property taxes Property taxes become a lien the first day o...

MA Real Estate Exam Study Guide 2024 Questions and Answers Appraisal - Answer- An estimation of a property's value, usually prepared by a professional who is licensed in this field. Brokerage - Answer- The business of bringing people together in a real estate transaction. Commerical - Answer-...

Texas Real Estate State Exam Questions and Answers 100% Verified Real Property - Answer- land, Improvements attached to the land, and the rights to use them Personal Property - Answer- right or interest in things of a temporary or movable nature chattel personalty. Ownership transferred by a BI...

NATIONAL REAL ESTATE EXAM PRACTICE TEST 100% SOLVED 2024 In most cases, broker compensation, as a percentage of home price, falls somewhere between: - Answer- 5-7% A Christian organization owns a fourplex. It wants to rent to only Christian tenants. Under the federal Fair Housing Act, is this l...

Illinois Real Estate Practice Exam Questions and Answers Objectives of Federal Reserve System - Answer- To counteract inflationary and deflationary trends, to create a favorable economic climate, to maintain sound credit conditions but NOT to control the secondary mortgage market Remainder Inte...

Louisiana Real Estate Exam Questions and Answers 100% Pass The Commission is comprised of how many members? - Answer- 11 Commission members are appointed by who? - Answer- The governor Each appointment to the Commission shall be for a __ year term. No commissioner may serve more than that. - An...

Indiana Real Estate Exam Questions and Answers 100% Pass The ____ is fully responsible for the actions preformed in the course of real estate business by all persons licensed under ______. - Answer- Broker, Broker The _____ can carry out ONLY those responsbilties assigned by employing ____. - A...

Principles of Real Estate 1- Champions School of Real Estate Exam Questions and Answers a freeway has made commuting to a distant suburban neighborhood easier, resulting in an increase in new home sales. This increase in sales is an example of the economic characteristic of A.) scarcity B.) Fi...

Real Estate U Final Exam Study Guide 2024 Questions and Answers 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...