Psi real estate contracts - Study guides, Class notes & Summaries

PSI Exam Questions and Answers 100% Correct| Latest 2024 PSI Exam Questions and Answers 100% Correct| Latest 2024 what would prevent a seller from providing marketable title Mechanics lien the seller has required that the buyer must use his title insurance company and that brokers reduce their portion of the real estate commission, increasing the sellers net proceeds This is illegeal according to respa If a license mentions MLS when advertising, the advertisement must include the na...

PSI Real Estate Exam: Contracts with 100% correct answers rated A+

SC REAL ESTATE PSI EXAM REVIEW QUESTIONS AND ANSWERS, GRADED A+/ VERIFIED/ Agent AKA Proxy - -One engaged to respresent and be under the control of a principal Principal AKA Client - -One who contracts with another for represenation, advise and cousel in legal or business dealings with third parties. Third Party AKA customer - -The person(s) the agent is trying to do busines with while representing the client Common Law - -Created by judges Statues - -written State or Federal laws Ty...

MD law questions and answers already graded A as a licensed salesperson you are looking for the MLS and buying a property that you wish to buy which of the following is true? answer you may represent yourself, but you must inform the seller that you are a licensee a licensee is required to give an agency disclosure to every purchaser/lessee at first Contact in Maryland, which of the following rights are in effect? dower curtesy Homestead none a quorum of the commission is a majority of the s...

(Answered) PSI Real Estate Exam - Contracts Acceptance 1. Agreeing to the terms of an offer to enter into a contract, thereby creating a binding contract. 2. Taking delivery of a deed. Consideration Anything of value, such as money, services, goods, or promises, given to induce another to enter into a contract. Sometimes called valuable _________ Contingency Clause A provision in a contract or deed that makes the parties’ rights and obligations depend on the occurrence (or nonocc...

PSI National Exam for Real Estate Test Bank with complete solutions | Latest 2024 A written agreement in which a purchaser agrees to buy and a seller agrees to sell is called a contract Antitrust laws prohibit competing brokers from all of the following 1. boycotting other brokers in the marketplace. 2. dividing the market to restrict competition. 3. agreeing to set sales commissions and management rates. When a sewer line is installed down a rural road, the cost will probably be shared...

PSI Real Estate National Exam |UPDATED| #Latest A written agreement in which a purchaser agrees to buy and a seller agrees to sell is called *Ans* a contract Antitrust laws prohibit competing brokers from all of the following *Ans* 1. boycotting other brokers in the marketplace. 2. dividing the market to restrict competition. 3. agreeing to set sales commissions and management rates. When a sewer line is installed down a rural road, the cost will probably be shared by *Ans* all curr...

PSI National Exam for Real Estate Test Bank with complete solutions | Latest 2024 PSI National Exam for Real Estate Test Bank with complete solutions | Latest 2024 A written agreement in which a purchaser agrees to buy and a seller agrees to sell is called a contract Antitrust laws prohibit competing brokers from all of the following 1. boycotting other brokers in the marketplace. 2. dividing the market to restrict competition. 3. agreeing to set sales commissions and management rates...