Describe a fiduciary duty - Study guides, Class notes & Summaries
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South Carolina Real Estate Exam Questions and Answers
- Exam (elaborations) • 8 pages • 2024
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South Carolina Real Estate Exam 
Questions and Answers 
When a loan is subject to the provisions of the Real Estate Settlement Procedures Act 
(RESPA), Which of the following elements of the Real estate transaction need NOT 
observe RESPA guidelines - Correct Answer ️️ -The Commission structure for 
licensees 
Regulation Z of the Truth_in lending Act Provides what penalty for licensees who 
willfully fail to comply with its advertising guidelines for real estate financing? - Correct 
Answer ...
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Louisiana Life, Health & Accident Insurances exam 2023 with 100% correct answers
- Exam (elaborations) • 37 pages • 2023
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which of the following best describes the aleatory nature of an insurance contract? - correct answer -Exchange of unequal values 
 
An insured purchased an insurance policy 5 years ago. Last year she received a dividend check, this year she didn't what type of insurer? - correct answer -Mutual 
 
What documentation grants express authority to an agent? - correct answer -Agents contract with the principal 
 
Because an agent is using stationery with the logo of an insurance company, applicants f...
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South Carolina Real Estate Exam Questions and Answers
- Exam (elaborations) • 8 pages • 2024
- Available in package deal
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- $12.49
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South Carolina Real Estate Exam 
Questions and Answers 
When a loan is subject to the provisions of the Real Estate Settlement Procedures Act 
(RESPA), Which of the following elements of the Real estate transaction need NOT 
observe RESPA guidelines - Correct Answer ️️ -The Commission structure for 
licensees 
Regulation Z of the Truth_in lending Act Provides what penalty for licensees who 
willfully fail to comply with its advertising guidelines for real estate financing? - Correct 
Answer ...
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GOLD COAST REAL ESTATE EXAM
- Exam (elaborations) • 35 pages • 2024
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GOLD COAST REAL ESTATE EXAM 
One type of a residential sales transaction involves the sale of any improved residential property of (________) units or less 
Four 
 
 
The term __________ is registered trademark of the National Association of Realtors and may be used only by members of the organization 
Realtor 
 
 
Most real estate licensees are involved in ______________ brokerage 
Residential 
 
 
An estimate of the value of property developed by a real estate licensee for use in listing or se...
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SOUTH CAROLINA REAL ESTATE EXAM REVIEW QUESTIONS AND ANSW| LATEST EXAM UPDATES| 2024/25 |ERS, GRADED A+
- Exam (elaborations) • 6 pages • 2024
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SOUTH CAROLINA REAL ESTATE EXAM REVIEW 
QUESTIONS AND ANSWERS, GRADED A+ 
When a loan is subject to the provisions of the Real Estate Settlement Procedures Act (RESPA), Which of 
the following elements of the Real estate transaction need NOT observe RESPA guidelines - -The 
Commission structure for licensees 
Regulation Z of the Truth_in lending Act Provides what penalty for licensees who willfully fail to comply 
with its advertising guidelines for real estate financing? - -Fines and/or imp...
Too much month left at the end of the money?
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CPCU 552 Test #2 (Ch. 7-8) Exam Questions and Answers 100% Solved
- Exam (elaborations) • 26 pages • 2024
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CPCU 552 Test #2 (Ch. 7-8) Exam 
Questions and Answers 100% Solved 
Describe the major functions of a corporation's board of directors. - • 
establish corporate policy 
• make major business and financial decisions 
• appoint executive officers to manage daily operations 
Describe the 4 fiduciary duties of the directors and officers of a corporation. 
- • duty of care (with care that a person in a similar position would 
reasonably believe appropriate under similar circumstances) 
• d...
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State DRE-Exam Questions and Answers (Graded A)
- Exam (elaborations) • 10 pages • 2023
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a running stream is considered - ANSWER-real property 
 
water found on the land in watercourses, such as natural springs, streams, or rivers and in bodies of water, such as ponds or lakes is called - ANSWER-surface water 
 
What is riparian rights - ANSWER--riparian property owners have reasonable use of the follow water 
- the owner of property bordering a stream or river has riparian rights 
-the owner of adjacent land may not lawfully divert all available waterand thereby deprive a riparian ...
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Oregon Real Estate Broker License Accurate 100%(RATED A+)
- Exam (elaborations) • 8 pages • 2024
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Principal Broker - ANSWER A principal real estate broker is an individual who may or may not be responsible for the professional real estate activity conducted by himself and others working in the same office. 
 
Principal Broker must be - ANSWER 18 years of age; background check; educational requirements; real estate license for 3 years; passed brokers exam 
 
To become eligible for a principal broker license, a broker must have held an active real estate license for a period of not less than t...
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South Carolina Real Estate Exam | 60 Questions with 100% Correct Answers | Verified | Latest Update 2024
- Exam (elaborations) • 6 pages • 2023
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- $14.49
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When a loan is subject to the provisions of the Real Estate Settlement Procedures Act (RESPA), Which of 
the following elements of the Real estate transaction need NOT observe RESPA guidelines - The 
Commission structure for licensees 
Regulation Z of the Truth_in lending Act Provides what penalty for licensees who willfully fail to comply 
with its advertising guidelines for real estate financing? - Fines and/or imprisionment 
Salesperson A for Broker B has listed a home. Salesperson C for Brok...
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NATIONAL REAL ESTATE EXAM QUESTIONS AND ANSWERS| 100% CORRECT 2024
- Exam (elaborations) • 26 pages • 2024
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NATIONAL REAL ESTATE EXAM 
QUESTIONS AND ANSWERS| 100% 
CORRECT 2024 
Olivia took out a 15-year loan secured with a deed of trust. She worked two jobs in order to pay 
the loan back and finally made her last payment this month. What happens now? - 
answerBecause the property deed was held by a third-party trustee instead of the lender, 
the trustee grants a reconveyance deed to Olivia. 
Warren signed a contract with the Samsons for the sale of property he didn't own. What type of 
contract is t...
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