If the broker finds out - Study guides, Class notes & Summaries

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WA Fundamentals Final Exam Questions  and Answers Already Passed
  • WA Fundamentals Final Exam Questions and Answers Already Passed

  • Exam (elaborations) • 81 pages • 2024
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  • WA Fundamentals Final Exam Questions and Answers Already Passed A $4,500 earnest money check bounces because of insufficient funds. The first thing the broker should do is: A. notify escrow to charge this amount, plus the bounced check fee, to the buyer B. Notify the borrower C. Notify the principals D. Write a personal check for $4,500 to cover the shortage C. Notify the principals A and B sign a rental agreement in which A agrees to lease her property to B in exchange for rent...
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CISR - Agency Operations Exam 65 Questions with Answers,100% CORRECT
  • CISR - Agency Operations Exam 65 Questions with Answers,100% CORRECT

  • Exam (elaborations) • 6 pages • 2023
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  • CISR - Agency Operations Exam 65 Questions with Answers Professional - CORRECT ANSWER One engaged in an occupation requiring a high level of training and proficiency To be recognized as knowledgeable, gain public trust, avoid government regulation, enhance credibility - CORRECT ANSWER What are the benefits of being ethical? True - CORRECT ANSWER Is this example an ethical issue? Rating a vehicle using the wrong classification No - CORRECT ANSWER Are you allowed to sign for the insu...
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VanEd National Real Estate Exam Questions and Correct Detailed Answers (Verified Answers) 2024/2025
  • VanEd National Real Estate Exam Questions and Correct Detailed Answers (Verified Answers) 2024/2025

  • Exam (elaborations) • 38 pages • 2024
  • Question: A sublessee is a(n) - Tenant Question: A major disadvantage of owning investment property might be - Lack of Liquidity Question: The most favorable thing about a VA loan is that - VA loans guaranty gives the veteran favorable financing terms because the lender is protected from loss Question: Once the funds of a construction loan are disbursed to the contractor, and if the sub-contractor is not paid, - . The sub-contractor can file a lien against the home, even if the home is sold, ...
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final colibri real estate exam PT Questions And Answers Latest Updates
  • final colibri real estate exam PT Questions And Answers Latest Updates

  • Exam (elaborations) • 11 pages • 2024
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  • What is the name for the act of spending client funds without permission from a trust fund account? - ️️Conversion Without legal capacity and mutual consent in place, courts may likely do what to the existing contracts or agency relationships? - ️️All of the above Which step in the construction building process is likeliest to be first? - ️️Grading The term "business ethics" applies to which of the following statements? - ️️A form of applied ethics that examines ethical p...
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 Colibri Real Estate Final Exam Questions & Correct Answers (2024/2025) 142 Questions And Answers
  • Colibri Real Estate Final Exam Questions & Correct Answers (2024/2025) 142 Questions And Answers

  • Exam (elaborations) • 14 pages • 2024
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  • Quiz :Who can train office staff at a brokerage firm in weekly meetings? - Correct Answers:All of the above Quiz :Which step in the construction building process is likeliest to be first? - Correct Answers:Grading Quiz :Without legal capacity and mutual consent in place, courts may likely do what to the existing contracts or agency relationships? - Correct Answers:All of the above Quiz :The term "business ethics" applies to which of the following statements? - Correct Answers:A...
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Maryland Real Estate Exam|| 100 QUESTIONS|| CORRECT ANSWERS|| 2024 LATEST UPDATE || VERIFIED 100%
  • Maryland Real Estate Exam|| 100 QUESTIONS|| CORRECT ANSWERS|| 2024 LATEST UPDATE || VERIFIED 100%

  • Exam (elaborations) • 33 pages • 2024
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  • Nancy, a broker in Annapolis, is going over the listing agreement with her new client, Josie, who asks, "What if I need to cancel the agreement early?" What should Nancy tell her? 1. "I'm always flexible. If we need to, we'll add an amendment to the agreement granting you permission to cancel early." 2. "Listing agreements in Maryland must be for a definite amount of time. If it would make you more comfortable, we can set the expiration date for one month, then have it a...
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Rockwell Exam Real Estate Classes WA Final Exam 1 Questions and Answers  Already Passed
  • Rockwell Exam Real Estate Classes WA Final Exam 1 Questions and Answers Already Passed

  • Exam (elaborations) • 115 pages • 2024
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  • Rockwell Exam Real Estate Classes WA Final Exam 1 Questions and Answers Already Passed A $4,500 earnest money check bounces because of insufficient funds. The first thing the broker should do is: A. notify escrow to charge this amount, plus the bounced check fee, to the buyer B. notify the borrower C. notify the principals D. write a personal check for $4,500 to cover the shortage C. notify the principals Both principals (the buyer and the seller) are parties to the escrow instr...
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Barney Fletcher Final Exam | 100 Questions with 100% Correct Answers | Verified | Latest Update 2024
  • Barney Fletcher Final Exam | 100 Questions with 100% Correct Answers | Verified | Latest Update 2024

  • Exam (elaborations) • 28 pages • 2024
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  • Barney Fletcher Final Exam | 100 Questions with 100% Correct Answers | Verified | Latest Update 2024 B. an exclusive right to sell listing - -A seller wants to list the property with a broker, but wants to avoid paying any commission should the seller be fortunate enough to sell the property. himself. Which of the following should the seller avoid signing? A. an exclusive agency listing B. an exclusive right to sell listing C. an open listing D. all listings C. do not tell them even ...
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NATIONAL REAL ESTATE EXAM PRACTICE TEST ALREADY PASSED
  • NATIONAL REAL ESTATE EXAM PRACTICE TEST ALREADY PASSED

  • Exam (elaborations) • 27 pages • 2023
  • NATIONAL REAL ESTATE EXAM PRACTICE TEST ALREADY PASSED In most cases, broker compensation, as a percentage of home price, falls somewhere between: 5-7% A Christian organization owns a fourplex. It wants to rent to only Christian tenants. Under the federal Fair Housing Act, is this legal? Yes. Religious organizations which rent to tenants for residential purposes are exempt from the Fair Housing Act What happens to trade fixtures after a business moves out of a leased property? The tenant remo...
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Real Estate Salesperson California State Exam 2023 with complete solutions
  • Real Estate Salesperson California State Exam 2023 with complete solutions

  • Exam (elaborations) • 13 pages • 2023
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  • Which of the following is most vital or important in planning a subdivision: - ANSWER-Market Analysis When rent is computed on the gross sales of a business occupying real property, the lease is correctly termed: - ANSWER-Percentage Lease What is not an adequate method of transferring property? - ANSWER-Executive Sale What is considered personal property? - ANSWER-Existing Mortgage If an income property is valued at $100,000 based on an 8% capitalization rate, what would be the value...
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