A licensee Study guides, Class notes & Summaries

Anything that is fastened or attached to real property permanently is considered to be: (Ans- Real Property A quitclaim deed releases all present claims, rights and title of the: (Ans- Grantor When a creditor wants to satisfy a judgement which was levied against another person, the creditor would: (Ans- Obtain a writ of execution Before a mechanics lien is effective it must be: (Ans- Verified and recorded Discrimination by a real estate licensee based on race is: (Ans- A vi...

A Licensee may not earn compensation when there license - VIP - ANSWER is INACTIVE or EXPIRED A Licensee can receive compensation that was earned WHEN - VIPterm-0 - ANSWER the license was current and active even if inactive of expired after A BIC may NOT pay a licensee's ENTITY - ANSWER unless the entity has a firm license. A Licensee can share commission with parties BUT - ANSWER 1) Must be in writing - as part of the agreement 2) Must be subject to Lender Approval in case of loans...

CML1501 Assignment 1 & 2 Semester 2 2024. All Questions answered with references. Assignment 1 - Due 16 August. 1.1 Write brief notes on THREE of the following: (a) The various types of licences available for broadcasting purposes. (3) (b) Possible crimes that can be committed in respect of information on a computer network. (3) (c) The liability of an employer should he/she read an employee's e-mail. (3) (d) The sanctions that can be imposed by the Independent Communications Authority ...

REAL ESTATE GA STATE EXAM (52 QUESTIONS) | ANSWERED/ WITH RATIONALE| GRADED A+/ The Georgia Real Estate Commission will discipline a licensee for which of the following actions? - - A. II and IV only II. Guaranteeing future profits from the sale of a property. IV. Persuading a party to an existing listing contract to break that contract and list with the licensee. Which licensee is violating Georgia license law? - -A. Salesperson Maria accepts a commission payment directly from her clie...

Disclosure of Confidential Information - Answer- A licensee, registrant, or certificate holder shall not disclose, without the consent of the client, any confidential communications made by the client, or advice given to the client, in the course of professional employment. A licensee's, registrant's, or certificate holder's employee or associate, whether clerical or professional, shall not disclose any knowledge of the communications acquired in that capacity. Any person who has participate...

Which neighborhood quality of life issue is most affected by the overuse of alcohol? a. property values b. noise c. traffic congestion d. homelessness - Correct answer-B. Noise Irresponsible alcohol sales in a community typically lead to an increase in a. calls to law enforcement. b. home values c. car and home insurance rates. d. drug overdoses. - Correct answer-A. Call to law enforcement Which symptom is associated with alcohol-impaired driving? a. increased heart rate b. breathing...

Texas Promulgated Contracts-CHAMPIONS STUDY 2022-2023. The elements of a valid contract are, competent parties, consideration, legal subject matter, in writing, and ___________. (a) Default (b) Mutual consent (c) Property condition (d) Recording A(n) __________________ contract is defined as a contract that is binding on the parties, with one or more of the parties having contractual duties that have not yet been performed. (a) Executory (b) Executed (c) Bilatera...

Colibri Real Estate (Real Estate Express) Final Exam ACTUAL TESTBANK +QUESTION AND CORRECT DETAILED ANSWERS RATED A GRADE.GUARANTEED PASS 100%. Licensee Patti is having lunch with an old school friend, Janet. Janet tells Patti, "It's time to downsize, I sure wish I could sell my house." Patti responds, "Well I have just the person for you. Make sure you're home at 7:00 this evening." Identify the statement that best describes the situation. A) Janet cannot assume any relationship B) Jan...

Board of Psychology Members - ANSWER-Seven people appointed by governor and confirmed by the Senate. Five members must be psychologists licensed in Florida who are in good standing. Two members must be citizens of the state who are not and have never been psychologists. No connection to psychology. One member must be 60+ y/o. Appointed for four years and shall serve until their successors are appointed. Licensure Requirements - ANSWER-1) Doctoral-level psychological education or the equivalen...

Article 12-A of the NYS Real Property Law - Answer- - The section of the New York Real Property Law pertaining to real estate salespersons and brokers. - Primary purpose is to "Protect the Public" - Requires a salesperson to be at least 18 years of age - Requires a broker to be at least 20 years of age Sponsor - Answer- - A licensed real estate broker that holds the license of a salesperson. "Summary of Your Submission" - Answer- - Obtained after you register for the New York State...