Real Estate Express

What kind of professionals manage the legal aspects of a development project? - Answer- Real Estate attorneys, title companies, surveyors, property insurance companies and government regulatory officials What types of professionals are involved in the transfer of rights and interest in Real Estate? - Answer- Titles companies, Real Estate Brokers/ Sales Persons, Mortgage Brokers, Mortgage Bankers, Appraisers, Insurers Property is classified into what three types? - Answer- Residential, Comm...

Real Estate Express Exam 2023 with 100% correct answers

Real Estate Express Exam 2023 with 100% correct answers

Real Estate Express Exam 2023 with 100% correct answers

Real Estate Express Exam 2023 with 100% correct answers

Real Estate Express Exam 2023 with 100% correct answers

Real Estate Express Exam 2023 with 100% correct answers

The formula for calculating simple interest is: - correct answerInterest = principal x rate x time Add-on interest Annual Percentage Rate (APR) - correct answerAPR= 2*n*IR/P(N+1) n: number of payment periods in each year IR: total financing charges P: principal or amount borrowed N: number of scheduled payments Housing costs include: - correct answerthe principal, interest, taxes and homeowner's insurance (PITI), and also may include some monthly assessments for mortgage insurance and...

The right to control one's property includes all of the following EXCEPT 1 the right to invite people on the property. 2 the right to exclude the utilities meter reader. 3 the right to erect "no trespassing" signs. 4 the right to enjoy pride of ownership. - correct answerthe right to exclude the utilities meter reader. This right to enter and work on a property is granted to utility companies (water, sewer, gas and electric) as well as telephone and cable companies. Essentially, if a...

who must sign the mortgage broker dual agency disclosure form? - correct answerthe borrower and the seller how many members of the NYS board of real estate must be real brokers? - correct answer5 which of the following does not appoint members to the board? - correct answersecretary of state a _____ broker conducts business as a sole proprietorship, doing businesses under a name other than his or her own personal name - correct answertrade name