Colibri - Study guides, Class notes & Summaries

Colibri Practice Test question and answers rated A+ 2023 already passed3. In real estate, which of the following is correct about the term "title?" - correct answer Taxes and insurance are often prepaid at closing to establish the escrow account. On which page of the Closing Disclosure form will the buyer see an accounting of the escrow account set up? - correct answer Page two, under other costs On page two of the form, other costs are itemized for buyers and sellers. Taxes, prepaids, ...

NYS Colibri Real Estate Final Exam Questions and Complete Solutions Expressed Agency - Answer: An agency created in a written or oral agreement General Agent - Answer: One who is authorized by a principal to represent the principal in a specific range of matters Fiduciary - Answer: Person in a position of trust, held by law to high standards of good faith and loyalty Fiduciary Duties - Answer: care, obedience, accounting, loyalty, and disclosure COALD Group Boycott - Answer: An or...

Texas Sae Real Estate BrokerageExam With 100% Correct Answers2023 Colibri Real Estate (Real Estate Express) Final Exam Review(2023 updated)fully solved Colibri Real Estate (Real Estate Express) Final Exam Review(2023 updated)fully solvedBroker Jane has been accused of a law violation regarding commissions. Which of the following might result in her being found guilty? A) Jane paid a commission to her licensed personal assistant. B) Jane paid a commission to the wife of one of her licensees w...

Colibri Real Estate Exam In a real estate transaction the principal would BEST be described as the - CORRECT ANSWER Person represented by an agent Bert is showing his buyer a home in a historic district. The buyer mentions in passing that she would like to place solar panels on the roof. Beet knows that the homeowners association CC&Rs would prohibit this to protect the historic character of the neighborhood, but he doesn't tell the buyer for fear she'll loose interest in the h...

COLIBRI REAL ESTATE FINAL EXAM Graded A {2024/2025} During which stage of a real estate transaction must the licensee remember to impart information to the seller regarding the potential buyer's qualifications and the quality of the offer being presented? - CORRECT ANSWER During the negotiation stage Why should real estate licensees have good knowledge of the loan programs that are currently available from local banks and other lenders? - CORRECT ANSWER Financing is a critical pa...

Colibri Practice Test Questions With Complete Solutions.

Colibri School Exam NJ (updated)question and answers rated A+ Every Motorist must always try these 3 things: - CORRECT ANSWER 1. Registration 2. license 3. insurance When your address changes, you have how long to notify MV? (Motor vehicle) - CORRECT ANSWER 1 week/7 days When your name changed, you have how long to notify the MV? - CORRECT ANSWER 2 weeks/ 14 days If you have an out-of-state license and you move into the state of NJ, how long do you have to transfer your license? - ...

COLIBRI REAL ESTATE FINAL EXAM WITH CORRECT ANSWERS Graded A {2024/2025} During which stage of a real estate transaction must the licensee remember to impart information to the seller regarding the potential buyer's qualifications and the quality of the offer being presented? - CORRECT ANSWER During the negotiation stage Why should real estate licensees have good knowledge of the loan programs that are currently available from local banks and other lenders? - CORRECT ANSWER Financ...