If a lender sells - Study guides, Class notes & Summaries
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WGU C213 Final Exam (verified answers 2022)
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WGU C213 Final Exam (verified answers 2022)Order of assets listed on the balance sheet 
 
Assets are listed in the order of liquidity. Liquidity is the amount of time it would usually take to covert an asset into cash. Obviously, cash would be listed first, followed by marketable investments (a company can quickly convert a short-term investment into cash). Accounts receivable would be listed next followed by inventory, and long-term investments, fixed assets, and intangibles. 
 
Current assets ...
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CT Real Estate Licensing Practice Exam (2023/2024) Already Passed
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CT Real Estate Licensing Practice Exam (2023/2024) Already Passed 
A couple listed their home with a broker. After 2 months, the seller found a buyer, and the sale closed. The seller was not obligated to pay a commission to the broker. This listing was MOST likely: 
1. an exclusive agency listing. 
2. an exclusive right to sell listing. 
3. a net listing. 4. an advance fee listing. 1. an exclusive agency listing. 
A contract has been drawn which obliges the sellers to convey title to their land ...
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Title Insurance Licensing Exam Already Verified Questions and Answers
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Title Insurance Licensing Exam 
All of the following are characteristic of an ALTA loan EXCEPT: 
A. Exceptions 
B. Exclusions 
C. Contingencies 
D. Conditions 
C. Contingencies 
The policy limit noted in a title insurance policy applies to: 
A. Each defect 
B. Each claim 
C. Per year 
D. Cumulative claims 
D. Cumulative claims 
Brainpower 
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Zoning ordinances are establish by: 
A. Home builders 
B. Local Government 
C. Lender 
D. All the above 
B. Local government 
A good faith estimate...
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National Exam - Practice of Real Estate Questions and Answers Graded A+
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National Exam - Practice of Real Estate 
Questions and Answers Graded A+ 
 
Practice of Real Estate 
 
Civil Rights act of 1866 prohibit racial discrimination in all conveying of real and personal 
property 
 
Practice of Real Estate 
 
in regards to convicted drug dealers... they are NOT covered under any condition 
 
under the federal fair housing act of 1968 and the amendment in 1988, authorized administrative 
law judges may now... admin law judges within HUD may now hold contested case hear...
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ASREB Practice Exam, Sessions 1-18, Study Guide with Complete Solutions
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ASREB Practice Exam, Sessions 1-18, Study 
Guide with Complete Solutions 
ASREB - Correct Answer ️️ - 
A 3.45-acre lot sells for 50 cents per square foot. What is the selling price? 
A) $37,570 
B) $75,141 
C) $76,230 
D) $78,712 - Correct Answer ️️ -B 
3.45 acres x 43,560 = 150,282 SF 
150,282 SF x $0.50 = $75,141 
A blind ad refers to an ad that 
A) provides no price. 
B) provides no address. 
C) gives no indication that the property is listed with a broker. 
D) gives no indication tha...
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PSI REAL ESTATE EXAM PSI Real Estate Estate Exam Sample questions for Washington State Questions and Correct Answers & Latest Updated
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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: 
o :## Must allow the tenant to make the modifications at the tenant's 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? 
o :## The most complete ownership in prop...
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COLORADO STATE REAL ESTATE EXAM QUESTIONS AND ANSWERS, 100% ACCURATE, GRADED A+| latest update 2024/25|
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COLORADO STATE REAL ESTATE EXAM QUESTIONS AND 
ANSWERS, 100% ACCURATE, GRADED A+ 
The Amend/Extend Contract With Broker is used to change : - -Any contract to which the broker is a 
party 
According to Rule F on Commission Approved Contracts what sections may be omitted from the Contract 
to Buy and Sell Real Estate: - -non-applicable financing conditions 
In preparing a Contract to Buy/Sell, a broker can not put exculpatory language into: - -Additional 
Provisions of a commission approved c...
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Gold Coast Chapter 13:questions n answers graded A+ 2024/2025
- Exam (elaborations) • 39 pages • 2024
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Gold Coast Chapter 13: 
Although there are a number of different methods for repaying a loan, there are only 3 types of mortgages: - correct answer FHA insured; 
 
VA guaranteed; 
 
And conventional. 
 
FHA insured mortgage loans: - correct answer The Federal Housing Administration (FHA) is a part of the U.S Department of Housing and Urban Development (HUD). ***The FHA DOES NOT make loans. Instead, it insures loans made by approved local lenders. The loan is funded by a lending institution, su...
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Colibri Real Estate Practice Final Exam Already Passed
- Exam (elaborations) • 17 pages • 2024
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Colibri Real Estate Practice Final Exam 
 
Already Passed 
 
Why is the condition of bearing walls more important than non bearing walls? Bearing walls 
support the ceiling and the roof. 
 
Owner Tom decided to lease out his basement to a college student. By leasing the basement, 
Tom has transferred a portion of his bundle of rights 
 
What is a forecast of income and expenses that can be projected over five years? Stabilized 
budget 
 
A buyer told broker Lena that she wants to move to Cuban n...
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VanEd National Real Estate Exam Questions and Correct Detailed Answers (Verified Answers) 2024/2025
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Question: A sublessee is a(n) - Tenant 
Question: A major disadvantage of owning investment property might be - Lack of Liquidity 
Question: The most favorable thing about a VA loan is that - VA loans guaranty gives the veteran favorable financing terms because the lender is protected from loss 
Question: Once the funds of a construction loan are disbursed to the contractor, and if the sub-contractor is not paid, - . The sub-contractor can file a lien against the home, even if the home is sold, ...
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