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California Real Estate Practice Chapter 4 Rockwell Slides with Complete SolutionsCalifornia Real Estate Practice Chapter 4 Rockwell Slides with Complete SolutionsCalifornia Real Estate Practice Chapter 4 Rockwell Slides with Complete SolutionsCalifornia Real Estate Practice Chapter 4 Rockwell Slides with Complete SolutionsCalifornia Real Estate Practice Chapter 4 Rockwell Slides with Complete Solutions Setting a Listing Price - ANSWER-... Agent's role - ANSWER-The first question you may hav...

Rockwell: Washington Real Estate Practices Questions with Verified Answers What is best practice if you don't know the facts to something? To admit that you don't know or remain silent to avoid misrepresentation. If the buyers ask for information that an agent is not legally required to disclose (ex: previous crime in the property), are they required to disclose it upon inquiry? Yes, by duty of good faith. If you know a client has clinical depression and needs a lot of sunlight, ar...

Rockwell Ch.1 Quiz – Latest Update with Verified Answers A clause in a listing agreement states that any member of an MLS who attempts to find a buyer for a listed property is a cooperating agent, rather than an agent for the seller. This is a/an: a. unilateral offer of subagency b. offer of cooperation c. dual agency agreement d. agency by implication b. offer of cooperation Explanation: Under an offer of cooperation, other agents from an MLS are considered cooperating ...

Rockwell Fundamental Final Exam #1 Questions and Answers 100% CorrectRockwell Fundamental Final Exam #1 Questions and Answers 100% CorrectRockwell Fundamental Final Exam #1 Questions and Answers 100% CorrectRockwell Fundamental Final Exam #1 Questions and Answers 100% Correct Which of the following is most likely to be considered a fixture? A. Draperies B. Lamp C. Plumbing D. Washing Machine - ANSWER-C. Plumbing A life estate will last until: A. economic conditions render it unfeas...

WA Real Estate Fundamentals Questions – Rockwell with Complete Solutions Bronson agreed to sell his house to the Hatchers. Closing is scheduled for May 15. Bronson already paid the taxes for the entire year, but the Hatchers are assuming responsibility for the taxes as of the closing date. The settlement statement will prorate the taxes as a: Debit to the buyer and credit to the seller An agent shows his customer, who is an Asian-American, homes only in neighborhoods that are predomin...

California Real Estate Practice Chapter 1 Rockwell Slides with Complete SolutionsCalifornia Real Estate Practice Chapter 1 Rockwell Slides with Complete SolutionsCalifornia Real Estate Practice Chapter 1 Rockwell Slides with Complete SolutionsCalifornia Real Estate Practice Chapter 1 Rockwell Slides with Complete Solutions Agency Relationships / Section 1 - ANSWER-... Agent - ANSWER-An agent is someone who has been authorized by a person to represent that person in dealings with third pa...

For which of the following acts might a broker be subject to disciplinary action? a. Failing to include a termination date in an exclusive listing agreement b. Failing to include a termination date in an open listing agreement c. Keeping trust funds from different clients in a single trust account d. Basing a commission amount on the property's selling price - ANSWER ☑☑a. Failing to include a termination date in an exclusive listing agreement Explanation: Failure to include ...

WA State 3 Real Estate Exam Prep: Rockwell Institute Sample Exams 3 Questions and Answers WA State 3 Real Estate Exam Prep: Rockwell Institute Sample Exams 3 Questions and Answers WA State 3 Real Estate Exam Prep: Rockwell Institute Sample Exams 3 Questions and Answers The owner of property located along a stream or river may have which type of water right? A. Alluvion B. Riparian C. Appropriation D. Littoral - ANSWER-Your Answer: B Riparian rights are water rights that be...

A buyer purchases a rental home that is fully furnished. The document used to transfer title to the furniture is: a. quitclaim deed b. bill of sale c. special warranty deed d. general warranty deed -Correct Answer b. bill of sale Deeds transfer title to real estate, a bill of sale is generally needed to transfer title to personal property. Ben receives a life estate in a property, with his nephew Will designated as the remainderman. When Ben dies, what kind of interest does Will recei...