Blockbusting Study guides, Class notes & Summaries

Pearson vue real estate Exam, Multiple Choice Questions And Correct Answers. If a licensee is paid a salary of $600 per month plus half of the office's 6% fee on all sales, what MUST the licensee's monthly sales be in order for the licensee to receive a total monthly income of $2,220? A. 27,000 B. 37,000 C. 54,000 D. 74,000 An agreement that restricts the use and occupancy of real estate, is part of a conveyance, and is binding on all subsequent buyers is called a(n): A. Agreement for...

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Blockbusting causes: A Trust busting B Panic peddling C Blind advertising D Redlining - ANSWER-B. Panic Peddling Blockbusting causes panic peddling (also known as panic selling), where homeowners quickly sell their homes for fear of a drop in home values due to the entry of a protected class into their neighborhood. Which of the following advertisements would violate fair housing law? A Private outdoor space B No elevator access C Walk-in closet D Easy access to the highway - AN...

One who is given a power-of-attorney that allows them to sign the name of a principal to a contract of sale is a(n): A) attorney-in-fact B) broker with a listing C) special agent D) attorney-at-law attorney-in-fact No two parcels of land are exactly alike because no two parcels can occupy the same position on the globe. This is known as: A) township B) section C) scarcity D) nonhomogeneity nonhomogeneity The five essential elements that make a contract valid are: comp...

Promulgated Contract Forms – Champions Promulgated Contract Forms – Champions with Complete SolutionsPromulgated Contract Forms – Champions Promulgated Contract Forms – Champions with Complete SolutionsPromulgated Contract Forms – Champions Promulgated Contract Forms – Champions with Complete Solutions An attempt to induce panic selling in a given neighborhood. - ANSWER-Blockbusting A(n) _________________ property is one where a particular event has affected the desirability of...

Real Estate Principles Final Exam Agent the party authorized to conduct business on the principal's behalf Agency a legal relationship between a principal and an agent Blockbusting the illegal practice of encouraging property owners to sell their homes when minorities begin moving into an area Broker an intermediary who brings together buyers and sellers, assists in negotiating agreements between them, executes their orders, and receives compensation for services rendered Buyer R...

Four land divisions in correct sequence. - Answer- Division one - oahu Division Two - Maui Division three - Big Island, Division four - Kauai. What is an example of modular - Answer- Pre-fabricated buildings Blockbusting - Answer- Making you feel uncomfortable about who moved in your neighborhood Steering - Answer- Race not fitting in with another race. Land contract - Answer- Installment contract/agreement of sale Seller removed two speakers after the closing and to hold a let...

Blockbusting causes: A Trust busting B Panic peddling C Blind advertising D Redlining - B. Panic Peddling Blockbusting causes panic peddling (also known as panic selling), where homeowners quickly sell their homes for fear of a drop in home values due to the entry of a protected class into their neighborhood. Which of the following advertisements would violate fair housing law? A Private outdoor space B No elevator access C Walk-in closet D Easy access to the highway - C Walk-in close...

Florida Real Estate STATE exam Questions and Answers 100% Pass The best protection that the public has during a Real Estate transaction is (are) A. The national and state association of REALTORS B. The punishment of licensees dealing dishonesty C. the high ethical standards of real estate agents D. FREC and the license law D. FREC and the license law A group license A. allows a broker to have a branch office B. allows a sales associate to work for more than one broker C. may be held by a...

A leasehold estate that continues for a successive periods of equal length until terminated by proper notice from either party is a - correct answer Periodic tenancy Physical land and everything attached to it is called - correct answer Real Estate Equipment a tenant installs for use in his or her business is called - correct answer Trade fixture The illegal practice of inducing homeowners to sell their homes (Usually at a deflated price) by suggesting the ethinic or racial compos...