Mortgage agent Study guides, Class notes & Summaries
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Colibri School Exam NJ 2023(updated)question and answers rated A+
- Exam (elaborations) • 2 pages • 2023
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Colibri School Exam NJ 2023(updated)question and answers rated A+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...
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Champions Real Estate Marketing SAE Exam with complete solutions
- Exam (elaborations) • 10 pages • 2023
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Most common reason a property fails to sell is - Answer- price 
 
Matching human needs with goods or services to meet those needs is the process of - Answer- marketing 
 
_____________________ is a key personality trait of a successful agent - Answer- problem solving 
 
3 Ways Sales Agents Add Value to the Buying Process - Answer- Counseling, Negotiating, and Managing the transaction 
 
Four P's of marketing real estate - Answer- product, promotion, price and place 
 
How can you know your prod...
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Florida Real Estate Exam Questions With Solutions Latest Updated 2023-2024 Rated 100%
- Exam (elaborations) • 161 pages • 2023 Popular
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Florida Real Estate Exam Questions With Solutions Latest Updated Rated 100%. In which form of co-ownership is a person's ownership inheritable? a. Joint tenancy 
b. Tenancy by the entirety 
c. Tenancy in common 
d. Tenancy in severalty 
c. Tenancy in common allows for a persons share to be inheritable, it does not automatically pass 
forth to the rest of the owners like in joint tenancy (this is called the right of survivorship). 
Florida Real Estate Exam Questions With 
Complete Solutions Lat...
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Ethics - LLQP exam(answered graded a+)
- Exam (elaborations) • 13 pages • 2023
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iana is a new life insurance agent and is studying the requirements for ascertaining the clientâs identity 
under the Proceeds of Crime (Money Laundering) and Terrorist Financing Actand Financial Transactions 
and Reports Analysis Centre of Canada (FINTRAC) guideline 6A. 
For which of the following products must agents ascertain the clientâs identity? 
1. Immediate annuity and deferred annuity 
2. Exempt life insurance policy and TFSA 
3. Deferred annuity and exempt life insurance policy 
4. D...
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Life Insurance Exam Questions with correct Answers
- Exam (elaborations) • 38 pages • 2023
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Life Insurance Exam Questions with correct Answers 
J has a life policy with the Guaranteed Insurability rider. J has just celebrated their 42nd birthday and realizes that she wants to use her rider and buy more death benefit. Which of the following will apply to J's request? 
. 
 
An insured has a policy with a Waiver of Premium rider. The insured has suffered an illness that will prevent them for working for two years. When will their premiums be waived? 
 
The clause that defines and describ...
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New Jersey PSI Real Estate Exam With complete solutions.
- Exam (elaborations) • 12 pages • 2023
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New Jersey PSI Real Estate Exam With 
complete solutions. 
Water Rights ️ The terms "littoral," "riparian," and "appropriative" refer to 
A salesperson lists a property with a contract that allows for subagency and dual 
agency. The salesperson is ️ an agent to the broker and a subagent to the 
principal. 
Depreciation is calculated based on the ️ Cost of the building only. 
When a property owner uses his home as collateral for a loan and creates a lien in 
favor of the lender, title...
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GA MLS Real Estate Practical Final Exam Questions With Answers 2023 Solution
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GA MLS Real Estate Practical Final Exam Questions With Answers 2023 Solution 
 
 
Safety Clause - CORRECT ANS -A negotiated period after the termination of the listing during which the listing broker may still be entitled to a commission if the property is sold to a buyer who was shown the property during the listing period 
 
Survival Clause - CORRECT ANS -A clause in the contract for purchase and sale that, unless otherwise expressly agreed to in writing by the buyer and seller, allows certai...
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California Legal Aspects of Real Estate Final Exam 2022 (Answered)
- Exam (elaborations) • 17 pages • 2022
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California Legal Aspects of Real Estate Final Exam 2022 (Answered) A promissory note is: a. evidence of the debt b. evidence of a sale c. a security inte rest in the property for the lender d. the same as a mortgage or trust deed In order to be considered an emancipated minor and have the capacity to contract, a minor must: a. be married, widowed, or divorced; have entered military service on active duty; or have received a declaration of emancipation from a court b. just state that he is an ema...
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PSI NJ Real Estate Exam, PSI Practice Test|100% Verified Complete solutions|Newly Updated 2023!
- Exam (elaborations) • 26 pages • 2023
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PSI NJ Real Estate Exam, PSI Practice Test|100% Verified Complete solutions|Newly Updated 2023! 
Water Rights 
The terms "littoral," "riparian," and "appropriative" refer to 
A salesperson lists a property with a contract that allows for subagency and dual 
agency. The salesperson is 
an agent to the broker and a subagent to the principal. 
Depreciation is calculated based on the 
Cost of the building only. 
When a property owner uses his home as collateral for a loan and creates a lien i...
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NYREI School Exam Questions and Answers Latest Version Graded A+
- Exam (elaborations) • 13 pages • 2023
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NYREI School Exam Questions and Answers Latest Version Graded A+ What is the minimum licensing requirement to sell commercial real estate in New York? a real estate salesperson's license 
What is the preferred method of creating an agency relationship? expressed agency 
An amenity purchaser occupies or uses the purchased property 
Condominium units are considered _____ property and are conveyed by _____. real / deed 
A salesperson who is an independent contractor is not subject to withholding r...
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