Sc psi real estate exam - Study guides, Class notes & Summaries

PSI Test Practice Questions and answers, 2022/2023. Graded A+. Questions bank Document Content and Description Below PSI Test Practice Questions and answers, 2022/2023. Graded A+ Agency disclosure requirements apply in all of the following transactions EXCEPT A) resale of foreclosed properties B) commercial leases C) new construction D) multifamily sales - B) commercial leases The period of time over which an improvement to the property will remain useful for its original purpose is known as i...

SC PSI Real Estate Exam Prep correctly answered latest update 2023Which of the following describes the term appreciation? - correct answer An increase in the value of property When ownership of a mortgage is transferred from one company or individual to another, it is called: - correct answer An assignment A mortgage loan which requires the remaining balance be paid at a specific point in time is called a: - correct answer Balloon mortgage The following reason accounts for why bridge lo...

SC PSI Real Estate Exam Prep. Questions with accurate answers, Graded A Document Content and Description Below SC PSI Real Estate Exam Prep. Questions with accurate answers, Graded A Which of the following describes the term appreciation? - An increase in the value of property When ownership of a mortgage is transferred from one company or individual to another, it is called: - An assignment A mortgage loan which requires the remaining balance be paid at a specific point in time is called a: -...

An increase in the value of property - ANSWER-Which of the following describes the term appreciation? An assignment - ANSWER-When ownership of a mortgage is transferred from one company or individual to another, it is called: Balloon mortgage - ANSWER-A mortgage loan which requires the remaining balance be paid at a specific point in time is called a: More second mortgage lenders now will lend at a high to loan value. Sellers would rather accept offers from buyers who have already sol...

PSI Iowa Real Estate Exam (State Portion) - Amy Schaffer Question 100% Accuracy

A written agreement in which a purchaser agrees to buy and a seller agrees to sell is called - ANSWER-a contract Antitrust laws prohibit competing brokers from all of the following - ANSWER-1. boycotting other brokers in the marketplace. 2. dividing the market to restrict competition. 3. agreeing to set sales commissions and management rates. When a sewer line is installed down a rural road, the cost will probably be shared by - ANSWER-all current owners of real estate fronting on that r...