A licensee w - Study guides, Class notes & Summaries

National Real Estate Exam Prep Questions and Answers Graded A+ Unilateral Contract Contract containing ONE promise given in exchange for completing an act. NO obligation to act. Bilateral Contract Contract containing TWO promises. Example: A listing agreement is a bilateral contract Client/Principal A person who has entered into an agency relationship w/ a licensee & with whom there is a written contract Customer Any 3rd party w/ whom a licensee works In-Company Transaction Tr...

WI Real Estate Sales Exam Questions and Answers Already Passed The listing broker is the seller's agent A licensee writes an offer for a buyer on the licensee's listing. The buyer is the licensee's customer When a firm is representing only one side of the transaction, the firm is practicing what type of agency? Single agency Multiple Representation may only occur if there is full written consent and disclosure from all parties A broker shall provide a copy of the disclosure...

What is the name of the Board or dept. that regulates the funeral industry in your state? - ANSWERState Board Of Mortuary Science Of New Jersey NJ Office Of the Attorney General: Division Of Consumer Affairs What are the licensing req. for funeral directors (edu., length of apprenticeship)? - ANSWER2 yr. apprenticeship w/ an associates degree or = 1 yr. apprenticeship w/ a bachelors degree or = Cannot exceed 3 yrs. must have college cred. or = Who is authorized to do removals of human r...

National Real Estate Exam Prep Answered 100% Correctly 2024 Unilateral Contract Contract containing ONE promise given in exchange for completing an act. NO obligation to act. Bilateral Contract Contract containing TWO promises. Example: A listing agreement is a bilateral contract Client/Principal A person who has entered into an agency relationship w/ a licensee & with whom there is a written contract Customer Any 3rd party w/ whom a licensee works In-Company Transaction Transact...

Unilateral Contract Contract containing ONE promise given in exchange for completing an act. NO obligation to act. Bilateral Contract Contract containing TWO promises. Example: A listing agreement is a bilateral contract Client/Principal A person who has entered into an agency relationship w/ a licensee & with whom there is a written contract Customer Any 3rd party w/ whom a licensee works In-Company Transaction Transaction in which the buyer and seller are both represented by the same b...

How many members are on the board? What is the makeup? Correct Answer: 7 members -5 ODs who have practiced in AZ at least 3 years -2 non-ODs not involved w/ optometry How long do board members serve? Correct Answer: Staggered 4 year terms that end on July 1 Who appoints the members of the board? Correct Answer: Governor How many unexcused absences is justification for removal from board? Correct Answer: More than 2 consecutive meetings How many terms can a board member serve? 2 Corr...

ARF Title 22 Study Guide 1 Disaster Drills to be conducted - ANSWER-At least every 6 months Licensing will conduct a follow-up inspection of a facility for which a license was issued within ____ days. - ANSWER-90 Days How long does the licensee have to report by telephone a special incident to licensing? - ANSWER-By the next business morning during regular business hours Who can change a label on a prescribed medication? - ANSWER-The dispensing pharmacist Centrally stored medication rec...

ARF Title 22 Study Guide 1 Disaster Drills to be conducted - ANSWER-At least every 6 months Licensing will conduct a follow-up inspection of a facility for which a license was issued within ____ days. - ANSWER-90 Days How long does the licensee have to report by telephone a special incident to licensing? - ANSWER-By the next business morning during regular business hours Who can change a label on a prescribed medication? - ANSWER-The dispensing pharmacist Centrally stored medication rec...

Disciplinary action by the board may include.... How long May the board prohibit a licensee from reapplying? - Answer 1) public censure 2) probation 3) suspension 4) revocation Up to 7 years What does the Missouri Bureau of Narcotics and Dangerous Drugs regulate? - Answer Regulates controlled substance distribution in MO. BNDD regulates controlled substance distribution, what role does the board play? - Answer Monitors and inspects compliance with applicable controlled substa...

Arkansas Real Estate Law Mid-Term Questions with Verified Answers In a timely manner A licensee is representing the seller solely in a real estate transaction. When must the agent disclose his or her agency relationship to the prospective buyer? At first contact A licensee is representing the buyer solely in a real estate transaction. When must the agent disclose his or her agency relationship to the seller or the agent of the seller? No, not without written consent from the seller for dual re...