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Stringham Real Estate Test Review Questions & Answers Already Graded A + $8.39
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Stringham Real Estate Test Review Questions & Answers Already Graded A +
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  • Course
  • Stringham Real Estate
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  • Stringham Real Estate

at duties does an agent owe a cleint - Fiduciary duties (loyalty, obedience, confidentiality, full diclosure, accountings, and safe holding of property and reasonable care and diligence What must agents disclose to the principal - All material information about the property and the clients abili...

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  • September 11, 2024
  • 3
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers

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  • Stringham Real Estate
  • Stringham Real Estate

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Stringham Real Estate Test Review
at duties does an agent owe a cleint - Fiduciary duties (loyalty, obedience, confidentiality, full
diclosure, accountings, and safe holding of property and reasonable care and diligence



What must agents disclose to the principal - All material information about the property and the
clients ability to perform in the transaction.



What is given up in dual agency - Loyalty, confidentiality and full disclose that would break
nutrality



What are the steps of a neighborhood cycle - Growth 2. equilibrium 3. disintegration or decay



When computing NOI what is never included - Debt Service



The purpose of capitalizing income or income capitalization is to - Determine property value



reproduction cost minus current value= - depreciation



What does RESPA stand for - real estate settlement procedures act



What document replaces HUD-1 - Closing disclosure



When does the loan estimate need to be provided by a consumer - no later then 3 days after loan
application




A contract between broker and agent is - unilateral

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