Real Estate Express

who must sign the mortgage broker dual agency disclosure form? - Answer the borrower and the seller how many members of the NYS board of real estate must be real brokers? - Answer 5 which of the following does not appoint members to the board? - Answer secretary of state a _____ broker conducts business as a sole proprietorship, doing businesses under a name other than his or her own personal name - Answer trade name examinees may or may not bring large bags or briefcases into the te...

Which of the following is exempt from the Natural Hazards Disclosure? - Answer Karen and Jay need a larger home. They have two large dogs and a baby on the way. One day in the real estate section, they see their dream home. The couple view the home that very day, make an offer and it's accepted. There's only one problem: They haven't even put their home on the market. Which type of loan gives Karen and Jay their best option of paying two mortgages until their current home sells? - Answer ...

procuring cause - Answer The effort that brings about the desired result in a real estate sale is know as writ of attachment - Answer an action by a creditor in which the court simply retains custody of the property while a lawsuit is being decided is know as leased fee interest - Answer in a lease, the lessors interest is known as Will - Answer a written document that provides for the transfer of title of property owned by the deceased is a Datum - Answer a point, line, or surface f...

Sellers market their property using a __________. - Answer listing agreement When the licensee has a buyer brokerage agreement with a purchaser, he or she must represent the best interests of the ___ rather than the ___. - Answer buyer,seller In most cases, buyers cannot make a purchase without ____ at least some part of the transaction. - Answer financing Buyer gets the ____ to the property, seller gets the _____ from the sale, and the broker gets a _____. - Answer deed, proceeds, comm...

At least that goes month to month is known as - Answer an state from period to period Madison Davidson negotiate it for a $30,000 loan with $200 monthly payments, plus 9% interest. in this case what is the monthly interest in the first month - Answer $225 1st you take $30000 in multiply it by 9% for the total annual interest paid or $2700. Divide that by 12 months for the total of $225 per month entries payment Typically a listing broker is usually considered to be? - Answer a fiduciary ...

The total of fees for each original real estate sales license is: - Answer $125 To apply for a permit to do business as a business broker, the licensee must submit an application to the Division, along with a certificate of completion that the licensee has completed a minimum of how many hours of instruction related to business brokerage? - Answer 24 The Federal Home Loan Mortgage Corporation is the same as‎:‎ - Answer Freddie Mac. Which of the following is the same as a Fannie Mae ...

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. - Answer the 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 compan...

Easements can be terminated by: - ANSWERS1. The purpose of the easement no longer exists. (a new road is built, etc.) 2. The holder of the easement abandons it for the statutory time period. 3. A merger of the properties occurs so an easement is not needed. 4. Destruction of the property or the easement (such as being at the bottom of a new dam filled with water.) 5. The owner of the easement issues a Quit Claim deed back to the property owner that granted the easement. 6. Excessive use occ...

The total of fees for each original real estate sales license is: - ANSWERS$125 To apply for a permit to do business as a business broker, the licensee must submit an application to the Division, along with a certificate of completion that the licensee has completed a minimum of how many hours of instruction related to business brokerage? - ANSWERS24 The Federal Home Loan Mortgage Corporation is the same as‎:‎ - ANSWERSFreddie Mac. Which of the following is the same as a Fannie Mae ...

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. - ANSWERSthe 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 compan...