Nebraska real estate test Study guides, Class notes & Summaries

A new Nebraska real estate licensee has been asked by a new customer to help determine value on the home they are preparing to put on the market. The new license should perform the following for a customer; - Comparative Market Analysis, (CMA) simplified version of the sales comparison approach to help determine the value of real estate. Kayla has successfully completed all of her pre-licensing requirements and was waiting on the acceptance of her real estate application when she received a...

T/F. Dick Tracey owns land that is part of a superfund site. Contamination from Tracey's property constitutes 20% of the total site cleanup. Tracey is only liable for his 20% of the total cleanup costs. - Answer-false, joint & several liability T/F. Sludge Inc. has improperly disposed of hazardous wastes on its land in violation of state and federal hazmat waste disposal regulations but those violations have not been detected. sludge goes out of business in 1990 and sells the land to clean...

1919: - ANSWER California enacted the first real estate license law 1923: - ANSWER Florida enacted first real estate license law. Ineffective because expensive & time consumption. 1925: - ANSWER FREC was created to administer & enforce law. 1941: - ANSWER Real estate license law was designated as chapter 475 of Florida Statutes 1979 & 1982 - ANSWER FREC was taken out then Reinstated 1988: - ANSWER FS 475 was going under modification, while postlicensing requirements and a program for app...

STAT 301 Extra Practice EXAM QUESTIONS AND ANSWERS 1. Which of the following represents measures of center? A. IQR, Mode, Range B. Mean, Median, Standard Deviation C. IQR, Mean, Median D. Mean, Median, Mode 2. Which of the following represents measures of spread? A. IQR, Mode, Range B. IQR, Range, Standard Deviation C. IQR, Mean, Median D. Mean, Median, Mode 3. Identify the implied population and the sample from the following situation: CNN and USA Today ran a nation...

Minnesota State Real Estate Test Review Verified Solutions Real Estate Agreements What type of agreement would a homeowner give to his neighbor to allow him to park an RV in his backyard without making it permanent? Options: a. A deed; b. A license; c. A lease; d. A contract Answer: b. A license; Zoning and Land Use What type of permit would a landowner need to obtain to build a neighborhood grocery store on a busy street in an area zoned for residential use? Options: a. Building p...

When developing a training plan for commercial lenders, which of the following regulations is least important to include? - ANSWER Truth in Lending Act, CFPB Regulation Z The federal banking agencies have proposed an amendment to Regulation Z that would require a new early disclosure statement for loans secured by the borrower's principal dwelling. After reading the proposed change, what should the compliance professional do FIRST? - ANSWER Prepare a summary document that outlines the effect...