Bob hogue practice exam Study guides, Class notes & Summaries

Bob Hogue Real Estate Class Test Questions With Correct Answers Absentee Owner - answerA property holder who does not reside on the property and who usually relies on a property manager to manage the investment. Appraisal - answerThe process of developing and communicating an estimate of a property's Appraiser - answerAppraisers charge a fee based on the time and difficulty of the appraisal assignment and are not paid commission. Broker Price Opinion (BPO) - answerA broker's written opi...

Bob Hogue - Pre Lic. Test Questions Practice questions for this set Learn 1 / 7 Study with Learn B Choose matching term Which property is defined as residential real estate under Chapter 475, Florida statutes? A) Fifty-unit apartment complex 1 B) Neighborhood grocery store C) Eight acres of agricultural property D) Local elementary school Which type of title insurance policy is transferable? A) Vendor B) 2 Owner C) Mortgagee D) Mortgagor Bob...

©THEBRIGHT EXAM STUDY SOLUTIONS 8/26/2024 11:32 AM Bob Hogue - Pre Lic. Test Questions With Correct Answers Which statement concerning broker's price opinions (BPOs) is TRUE? A) The payment for a BPO must be paid to the broker and not directly to the sales associate who prepared the BPO. B) A broker's license is required to conduct a BPO. C) A BPO is also referred to as an appraisal of real property. D) All BPOs must conform to Uniform Standards of Professional Appraisal Practice (USP...