Perry real estate - Study guides, Class notes & Summaries

2024 PERRY REAL ESTATE FINAL EXAM WITH 240+ QUESTIONS & CORRECTANSWERS 2024 PERRY REAL ESTATE FINAL EXAM WITH 240+ QUESTIONS & CORRECTANSWERS

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PERRY REAL ESTATE COLLEGE FINAL EXAM |100 QUESTIONS| WITH COMPLETE SOLUTIONS!!

PERRY REAL ESTATE COLLEGE FINAL EXAM |100 QUESTIONS| WITH COMPLETE SOLUTIONS!!

NATIONAL TEST 6: Economics; Appraisal - ANS- 6.1 If the price of an item is increasing, one can usually assume that a. demand for the item is decreasing in relation to supply of the item. b. demand for the item is increasing in relation to supply of the item. c. supply of the item is increasing. d. demand for the item and supply of the item are increasing. - ANS- 6.1 (b) demand for the item is increasing in relation to supply of the item. In a market economy, the p...

If I am makes an offer on a house and the seller excepts in writing. What is the current status of this relationship? - ANS- Because the seller has promised to sell and the buyer has promised to buy, it is clearly a bilateral contract. It is express because they announced their intentions in writing. This contract is executory because the sale has not closed yet Additional conditions that must be satisfied before a sales contract is fully enforceable are called - ANS- contin...

Long Beach salesperson Eric Janey is providing sellers Julie and Zach Roberts with the necessary disclosures they must be given upon the sale of real property. Which of the following is NOT a disclosure that is given upon the sale of real property? - Mold Disclosure Required Lead-based Paint Disclosure Required Natural Hazards Disclosure Required Radon Detection Test Disclosure - NOT REQUIRED IN CA Escrow cannot be terminated in which of the following ways? - Death of one of the princip...

2024 CALIFORNIA TAX LAW QUESTIONS AND ANSWERS RATED A+ In an effort to improve the earthquake safety of his home, Perry Powell spends $500 to anchor the water heater in his basement. He receives a $250 rebate from the California Residential Mitigation Program that was taxable on his Federal income tax return. Perry can exclude what amount of the rebate from his income on his California state income tax return? $250 Which of the following statements is not true regarding estimated tax payments?...

2024 5 HOUR CALIFORNIA TAX LAW LATEST UPDATE 100% PASS In an effort to improve the earthquake safety of his home, Perry Powell spends $500 to anchor the water heater in his basement. He receives a $250 rebate from the California Residential Mitigation Program that was taxable on his Federal income tax return. Perry can exclude what amount of the rebate from his income on his California state income tax return? $250 Which of the following statements is not true regarding estimated tax payments?...