Modern real estate test - Study guides, Class notes & Summaries
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Florida Real Estate Exam TEST Questions WITH 100% Correct Answers LATEST UPDATE 2023/2024
- Exam (elaborations) • 51 pages • 2024
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Florida Real Estate Exam TEST 
Questions WITH 100% Correct 
Answers LATEST UPDATE 
2023/2024 
Binder deposit shows up as what on closing statement? - ANSWER Credit to buyer 
Which of the following is true about leverage? - ANSWER Leverage is the use of 
borrowed funds to purchase assets. 
Which of the following liens would take priority? - ANSWER A property tax lien 
In which of the following theories of mortgage lending does the borrower not retain 
ownership of the property during the loan ...
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Real Estate Principles A Value Approach 4th Edition By Ling - Test Bank
- Exam (elaborations) • 359 pages • 2023
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Chapter 3 – Conveying Real Property Interests Multiple Choice Questions 
[QUESTION] 
1. A deed is a special form of written contract used to convey a permanent interest in real property. Unlike most contracts, a deed requires: 
A. both parties to be legally competent and of legal majority age. 
B. only the grantee to be legally competent and of legal majority age. 
C. only the grantor to be legally competent and of legal majority age. 
D. both parties to make promises to perform. 
Ans: C 
Diff...
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LEGL 2700 Jason Epstein UGA Test 2 Exam Questions All Correctly Answered
- Exam (elaborations) • 14 pages • 2024
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LEGL 2700 Jason Epstein UGA Test 2 
Exam Questions All Correctly 
Answered 
 
Ethics can... - Answer -1. keep us out of trouble 
-personally & as a company 
-permeates everything we do; not just scandals 
2. be used to our advantage 
-corporate culture 
-win trust of clients, suppliers, investors 
does ethics = law? - Answer -NO 
-law is the floor 
-ethics is doing right thing and going above and beyond what the law requires 
are ethics and law related? - Answer -YES 
-ethics help set the law 
-...
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Virginia Real Estate Principles Chapters 1-15 Exam Prep Solved 100%
- Exam (elaborations) • 55 pages • 2023
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A real estate salesperson is supervised by 
 
 the buyer or seller. 
 the seller. 
 any licensed broker. 
 the employing broker only - Answer the employing broker only 
 
The employing broker is held accountable for the salesperson's conduct in performing business activities. 
 
When a real estate license expires, licensed activity must cease but the license may be renewed up to 
 
 two years later. 
 four years later. 
 one year later. 
 three years later - Answer two years later 
 
A license ...
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Chapter 33 - DC Real Estate Licensing Laws and Regulations with 100% correct answers verified
- Exam (elaborations) • 38 pages • 2023
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Law 
is the body of rules and principles that every member of society must follow. It is a collection of norms and rules that allow, mandate, or forbid conduct by both people and organizations. 
 
The system is designed to promote safety, equity, equality, and the general welfare of all its members. Without laws, society would be in chaos and anarchy would prevail. For this reason, society has designed a complex set of laws that set guidelines for personal and business conduct. It is rare for an...
Too much month left at the end of the money?
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Real Estate Law 11th Edition By Jennings - Test Bank
- Exam (elaborations) • 44 pages • 2023
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Chapter 03 Extent of Real Estate Interests TRUEFALSE 
1. Land ownership includes air rights and subsurface rights. (A) True 
(B) False 
Answer : (A) 
2. Air rights and subsurface rights cannot be conveyed independently. (A) True 
(B) False 
Answer : (B) 
3. Because a landowner owns the airspace above the land, air travel through that airspace is prohibited. 
(A) True 
(B) False Answer : (B) 
4. A column lot is the space between the earth's surface and an imaginary plane 23' above the surface. ...
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MIE 201 Test #1 – Makanui Exam Questions and Answers
- Exam (elaborations) • 35 pages • 2024
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MIE 201 Test #1 – Makanui Exam 
Questions and Answers 
Environments of Business - Correct Answer ️️ -- economic 
- market 
- technological 
- social 
- legal and regulatory 
market environment - Correct Answer ️️ -- a company's target customers, the buying 
influences that shape the behavior of those customers, and competitors that market 
similar products to those customers 
economic environment - Correct Answer ️️ -- conditions and forces that affect the cost 
and availability o...
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Florida Real Estate Exam TEST Questions WITH 100% Correct Answers LATEST UPDATE 2023/2024
- Exam (elaborations) • 51 pages • 2024
- Available in package deal
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- $17.89
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Florida Real Estate Exam TEST 
Questions WITH 100% Correct 
Answers LATEST UPDATE 
2023/2024 
Binder deposit shows up as what on closing statement? - ANSWER Credit to buyer 
Which of the following is true about leverage? - ANSWER Leverage is the use of 
borrowed funds to purchase assets. 
Which of the following liens would take priority? - ANSWER A property tax lien 
In which of the following theories of mortgage lending does the borrower not retain 
ownership of the property during the loan ...
-
McKissock Basic Appraisal Principles I Final Exam Quiz practice test 2023 Questions and Answers Complete
- Exam (elaborations) • 6 pages • 2023
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McKissock Basic Appraisal Principles I Final Exam Quiz practice test 2023 Questions and Answers Complete 
 
ASC (Appraisal Subcommittee) 
The _____ has oversight authority over state appraisal boards. 
consideration, in writing and signed, and lawful objective 
Which of the below is a requirement of a valid real estate contract? 
capital 
"The interaction of buyers and sellers who trade long-term or intermediate-term money instruments" is the definition of the _____________ market. 
market stu...
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McKissock Basic Appraisal Principles I Final Exam Quiz practice test 2023 Questions and Answers Complete
- Exam (elaborations) • 6 pages • 2023
- Available in package deal
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- $13.49
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McKissock Basic Appraisal Principles I Final Exam Quiz practice test 2023 Questions and Answers Complete 
 
ASC (Appraisal Subcommittee) 
The _____ has oversight authority over state appraisal boards. 
consideration, in writing and signed, and lawful objective 
Which of the below is a requirement of a valid real estate contract? 
capital 
"The interaction of buyers and sellers who trade long-term or intermediate-term money instruments" is the definition of the _____________ market. 
market stu...
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