Salesman license exam Study guides, Class notes & Summaries

Final Exam- State Nevada Questions and Answers 100% Correct A consumer filed a complaint with the Nevada Real Estate Division claiming that Salesman Jones lied about the location of a proposed freeway. Upon receiving the complaint: a the Nevada Department of Highways will be contacted by the Division. b the Administrator will appoint a Hearing Officer. c the complaint will be turned over to the Department of Consumer Affairs. d the Administrator will initiate an investigation of the comp...

NV Real Estate Exam Review |GRADED A+| # Latest Agency *Ans* Relationship between the principal (client) and agent. Business *Ans* Tangible assets of an existing enterprise. Define Business broker: What are the requirements for a permit *Ans* RE broker, broker-salesman, or salesman who sells businesses. -minimum 24 hours of instruction -$40 permit -$75 examination fee (must pass 75%) Owner-Developer *Ans* Owns 5+ Lots within a subdivision Real Estate Division *Ans* 1. The RE Divisio...

Alabama Real Estate Commission (AREC) issues the following types of AL Real Estate Licenses Qualifying Broker Associate Broker Salesperson (Temporary salesman license and permanent salesperson license) Company To become a broker, a person must do what two things Complete a 60 hr Broker Pre-License course and submit proof that he or she has been engaged as an active licensed real estate salesman for at least 24 out of 36 months immediately prior to application in any state The Broker app...

Real Estate State Portion Exam Questions and Answers Graded A+ A consumer filed a complaint with the Nevada Real Estate Division claiming that Salesman Jones lied about the location of a proposed freeway. Upon receiving the complaint: the Administrator will initiate an investigation of the complaint. The Nevada Real Estate Commission: must allow attorneys to represent persons at hearings. All of the following are grounds for license revocation EXCEPT: being arrested for a DUI. Jon...

North Carolina Real Estate (State Only Exam Review) Explanation Real property is taxed according to its assessed value, not sale price. The Machinery Act requires that properties be assessed at least once every 8 years (octennial appraisal). Tax rates can be changed every year and not set by the Machinery Act, rather by budget of the municipality. John recently retired and moved to a coastal community located in North Carolina. He decided to seek opportunities to supplement his retirement...

State Exam FLORIDA REAL ESTATE Questions and Answers 100% Pass When money is paid out of the RE recovery fund, on behalf of a Florida Real Estate - Correct Answer ️️ -the licensee's license will be automatically suspended, the max. amount that can be reimbursed is $50,000, the judgement holder cannot be reimbursed for attorney's fees and court costs Which of the following is true regarding the Florida RE commission? - Correct Answer ️️ -Two members do not have to have a Florida ...

NV Real Estate Exam Review Questions and Answers 100% Pass Agency - Answer- Relationship between the principal (client) and agent. Business - Answer- Tangible assets of an existing enterprise. Define Business broker: What are the requirements for a permit - Answer- RE broker, broker-salesman, or salesman who sells businesses. -minimum 24 hours of instruction -$40 permit -$75 examination fee (must pass 75%) Owner-Developer - Answer- Owns 5+ Lots within a subdivision Real Estate Divisio...

NV Real Estate Exam Review Questions and Answers 100% Pass Agency - Answer- Relationship between the principal (client) and agent. Business - Answer- Tangible assets of an existing enterprise. Define Business broker: What are the requirements for a permit - Answer- RE broker, broker-salesman, or salesman who sells businesses. -minimum 24 hours of instruction -$40 permit -$75 examination fee (must pass 75%) Owner-Developer - Answer- Owns 5+ Lots within a subdivision Real Estate Divisio...

Real Estate State Portion Exam Questions and Answers 100% Pass A consumer filed a complaint with the Nevada Real Estate Division claiming that Salesman Jones lied about the location of a proposed freeway. Upon receiving the complaint: - Answer- the Administrator will initiate an investigation of the complaint. The Nevada Real Estate Commission: - Answer- must allow attorneys to represent persons at hearings. All of the following are grounds for license revocation EXCEPT: - Answer- being ...

Alabama License Law Exam Practice Quiz with Complete Solutions A broker who operates a brokerage business within the corporate city limits of Montgomery Must be sure his/her office is located in property zoned for business. Any person desiring to make an appeal of a decision or ruling of the Commission to a court must post a satisfactory appeal bond in the amount of______? $200 Of the following, who would be exempt from the licensure provisions of License Law? Public officers performing their...