Estate license study - Study guides, Class notes & Summaries

Colibri FL Real Estate License Ch. 1 practice study guide exam 2024 latest update(download to pass).

ILLINOIS REAL ESTATE LICENSE STUDY, ILLINOIS REAL ESTATE LICENSING AND REGULATION 2024 QUESTIONS AND ANSWERS

GOLD COAST FINAL EXAM STUDY SET for 4/11 [100% Correct] 1 acre is how many square feet? *Ans* 43,560 A broker is entitled to compensation if they... *Ans* bring a buyer who brings an offer the seller was looking for A buyer drops off an escrow check on Monday. To avoid any trouble with FREC, the broker must deposit the check by close of business on which day? *Ans* Thursday A spouse who is left out of a will can claim? *Ans* Elective share 30% Abstract Continuation *Ans* history of ti...

Real Estate U Final Exam Study Guide|Q&A, 100% verified| Latest 20232024|Helps you Ace your RE U Final Exam Real Estate U Final Exam Study Guide| Q&A, 100% verified| Latest 20232024|Helps you Ace your RE U Final Exam Article 12-A of the NYS Real Property Law The section of the New York Real Property Law pertaining to real estate salespersons and brokers. - Primary purpose is to "Protect the Public" - Requires a salesperson to be at least 18 years of age - Requires a broker to be ...

olibri FL Real Estate License Ch. 1 practice study guide exam 2024 latest update(download to pass)

Oregon Real Estate License Study (Section 1, 2, 3 {Section 6, Chapters 3, 4, 5, 6}). 2023 COMPLETE QUESTIONS AND ANSWERS ALREADY PASSED A+ Owner Reports - CORRECT ANS A property manager is obligated to give an accounting of an owner's property. The reports are usually given per month and an annual report. Reconciliation - CORRECT ANS A balance and reconciliation of the company's receipt and disbursement journal, company bank statement and each owner's ledger. A late rent paym...

Appraisal An estimation of value. It is done by appraisers using specific techniques. Done to: obtain a loan, insurance value, divorce settlement or capital gain. Broker Price Opinion An opinion by a local expert of the of the value of a property based upon properties recently sold in the market. Comparative Market Analysis (CMA) A method of valuing homes that looks not only at recent home sales, homes in the market and homes that were listed but did not sell. Real estate bro...

Alabama Real Estate Commission (AREC) issues the following types of AL Real Estate Licenses Qualifying Broker Associate Broker Salesperson (Temporary salesman license and permanent salesperson license) Company To become a broker, a person must do what two things Complete a 60 hr Broker Pre-License course and submit proof that he or she has been engaged as an active licensed real estate salesman for at least 24 out of 36 months immediately prior to application in any state The Broker app...

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...

Each Real Estate Firm, regardless of the number of agents or offices, must have one ___________. correct answersPrincipal Broker The supervising broker must provide reasonable and adequate supervision to all agents who work for that supervising broker. The supervising broker must do all of the following EXCEPT: correct answersBe in the real estate office on weekends when residential transactions often occur. Each real estate place of business (office) must be supervised by which of the fol...