Before conveying an offer - Study guides, Class notes & Summaries

rap sheet → Before conveying an offer, a district attorney will first check a defendant's formal probation → A person must report to a probation officer on a regular basis if he or she is on recidivist → a repeat offender is also known as a peremptory challenge → a defense counsel who rejects a potential juror without having to give any reason is making use of a writ → a judicial order directing a person to do something is a witness → a person who testifies regarding ...

a running stream is considered - ANSWER-real property water found on the land in watercourses, such as natural springs, streams, or rivers and in bodies of water, such as ponds or lakes is called - ANSWER-surface water What is riparian rights - ANSWER--riparian property owners have reasonable use of the follow water - the owner of property bordering a stream or river has riparian rights -the owner of adjacent land may not lawfully divert all available waterand thereby deprive a riparian ...

The purpose of the West Virginia License Act is to --- limit competition in the real estate industry. protect the public in real estate transactions. regulate the limit for brokerage compensation. impose license fees to generate income. - protect the public in real estate transactions. Jim acquires a West Virginia broker license. He wants to sell real estate without opening a business so he decides to remain at his salespersons desk on the sales floor at Acme Realty. Jims license...

Colorado Contracts and Regulations Midterm Exam with Complete Solutions At closing of a property, who is most likely to pay the discount points and loan origination fees? A) Buyer and seller equally B) Seller C) Buyer D) Lender The answer is buyer. The buyer typically pays these fees. The seller may have given the buyer some funds as a concession; however, since the fees show on the buyer's settlement as a debit, they are considered to be a buyer obligation. The buyer must receive a Lead-B...

MN Practice Exam Questions and Answers with Verified Solutions Charlene, a landlord in Minnesota, collected screening fees from several applicants. When can she deposit these fees? She can deposit the fees after all applicants have been screened and either rejected or offered a rental unit. Zenya works for a lender in Minnesota and is initiating foreclosure by action proceedings on a property. If you were to look at the security instrument for this property, which of these clauses is ...

Real Estate Exam- MO & National Study A seller owns two plots of land that, when combined, measure 950 feet in width and 1800 feet in depth. The plots are separated by a creek. To determine the total acreage: - Draw a horizontal line to divide the rectangle. - Write 950 as the width and 1800 feet as the depth. - Multiply: 950 x 1800 = 1,710,000. - Convert to acreage: divide 1,710,000 by 43,560. - The answer is approximately 39.25 acres when rounded. A secretary in a real estate office who ...

CE Shop Final Exam Questions with Solutions which of the following is the price a lender believes the property will bring at a foreclosure sale? mortgage value Burt terminated his exclusive right-to-sell listing agreement with Scott, his listing broker. Burt may legally do this as long as he's ________ willing to pay Scott's commission anyway what must a homeowner in DC disclose about a property built before 1978 if they have never tested it for lead paint? that the home is p...

FLORIDA REAL ESTATE CLASS FINAL EXAM LATEST 2024/2025 ACTUAL EXAM 400 QUESTIONS AND CORRECT DETAILED ANSWERS (VERIFIED ANSWERS) |ALREADY GRADED A+ Current market value less mortgage debt" describes what term? - ANSWERSequity 2 sisters purchase an investment property. Each sister wants her interest in the property to go to her spouse in the event she dies during the ownership. To accomplish this, the sisters should own the property as what type of tenancy? - ANSWERSA tenancy in co...

Abandonment - Non-payment of taxes Abstract of Title - A history of the ownership of a parcel of land which lists transfers of title, rights, and liabilities. Acceleration Clause - States that upon default, all of the principal installments come due immediately. Acceptance - The act of agreeing or consenting to the terms of an offer, thereby establishing the meeting of the minds that is an essential element of a contract. Accession - The idea that the owner of land is entitled to all that...

Maryland Law Final Exam Questions and Answers Already Passed Which of the following is NOT a requirement in obtaining a real estate license? a. affiliate with a broker b. pass state exam c. 15 hours of continuing education d. complete required 60 hour course c. 15 hours of continuing education Al, a broker, listed his friend Bills home. Bill just took a job in another city and needed to sell quickly. In order to help Bill, Al told Jay about the home, Bill's new job and his eagerness to mov...