Broke - Study guides, Class notes & Summaries

NY Life, Accident, and Health Insurance Agent/Broker Exam Series 17-55 actual exam Process 2103 (d-i) - CORRECT ANSWER-1. The Superintendent may issue a license to any person, firm or corporation who has complied with the requirements of the Insurance Code, authorizing the licensee to act as agent of any authorized insurer. Every individual applicant for a license under this section and every proposed sublicensee must be 18 years of age or older at the time of issuance of such licens...

A licensee was showing property in an eight-unit complex to a prospective tenant using a motorized wheelchair. The tenant wanted to rent a unit, install grab bars in the bathroom, and lower all the door handles. The landlord... - Must allow the tenant to make the modifications at the tenants expense, but can require, by the terms of the lease, restoration of the property Which of the following is the best description of a fee simple estate? - The most complete ownership in property that one...

CMY3704 Assignment 1 Semester 2 2024 | Due 16 August 2024. Multiple answers provided. QUESTION 1 (30) Read the extract below and answer the question To: Judge Tuli The actions of Mr. Doe have greatly affected the victim’s life. Since he committed this crime, she has been unable to sleep at night. She is constantly afraid that someone will break into her home and injure her again. She is no longer able to trust people like she did before. Her children are also afraid. They do not want ...

Dubai RERA Broker Exam Questions and answers latest update

A seller's agent or sub-agent must initially disclose her agent status to a prospective buyer when? - Before buyer and agent discuss motivation or financial information. What fiduciary duties are owed to principals? - Obey, Loyalty, Disclosure, Confidentiality, Accounting, & Reasonable care (OLD CAR) As a dual agent, my fiduciary responsibilities are reduced to the buyer and seller under what agency? - Dual Agency - agent cannot advise or council Material facts which must be disclosed - ...

How does a broker prove they are not culpable if an agent makes a mistake? 1. Reasonable supervision was available to agent 2. Broker had nothing to do with the infraction 3. The broker did not ratify the infraction (Did not see it happen without telling them to stop) What are Trade fixtures and how can they be removed? Trade fixture - item of personal property attached to land or building leased by a tenant who uses the item in a trade or business - Can be removed before lease ends by ten...

Why might a buyer want to ASSUME a LOAN? The buyer doesn't want to follow a lender qualification process. The existing loan has a lower interest rate than current market rates. The principal remaining on the existing loan is low. The transfer of the property won't need to be approved by the lender if the loan is assumed. - ANSWER The existing loan has a lower interest rate than current market rates. - ASSUMPTIONS are advantageous to a buyer if current interest rates are high and the e...

Real Estate Brokerage SAE - Champion's School of Real Estate Exam

Which of the following parties may NOT file a protest? correct answer: E. Any party to the entry of merchandise 19 CFR 174.12(a) Goods are imported under a consumption entry on January 3, 2007. The liquidation of the entry was suspended under an antidumping investigation. On October 18, 2012, CBP liquidates the entry for a duty increase. Based on the above, how long must a broker maintain a consumption entry subject to an antidumping investigation? correct answer: D. For at least five ye...