An amenity purchaser - Study guides, Class notes & Summaries
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NYREI School Exam Updated 2024 Questions Rated 100% With Complete Answers
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What is the minimum licensing requirement to sell commercial real estate in New York? - ANS a real estate salesperson's license 
 
What is the preferred method of creating an agency relationship? - ANS expressed agency 
 
An amenity purchaser - ANS occupies or uses the purchased property 
 
Condominium units are considered _____ property and are conveyed by _____. - ANS real / deed 
 
A salesperson who is an independent contractor - ANS is not subject to ...
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NYREI School Exam questions and answers 100% verified.
- Exam (elaborations) • 6 pages • 2023
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NYREI School Exam questions and answers 100% verified. 
 
 
 
 
 
 
 
 
 
 
 
What is the minimum licensing requirement to sell commercial real estate in New York? - correct answers.a real estate salesperson's license 
 
What is the preferred method of creating an agency relationship? - correct ssed agency 
 
An amenity purchaser - correct ies or uses the purchased property 
 
Condominium units are considered _____ property and are conveyed by _____. - correct / deed 
 
A salesperson who is an...
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NYREI School Exam questions and answers well illustrated.
- Exam (elaborations) • 6 pages • 2023
- Available in package deal
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NYREI School Exam questions and answers well illustrated. 
 
 
 
 
 
 
 
 
 
 
 
 
What is the minimum licensing requirement to sell commercial real estate in New York? - correct answers.a real estate salesperson's license 
 
What is the preferred method of creating an agency relationship? - correct ssed agency 
 
An amenity purchaser - correct ies or uses the purchased property 
 
Condominium units are considered _____ property and are conveyed by _____. - correct / deed 
 
A salesperson who ...
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NYREI Questions and Answers Already Passed
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NYREI Questions and Answers Already Passed block and lot Which type of legal description uses a survey map of a subdivision? 
exclusive right to sell Which type of listing agreement provides the greatest opportunity for a listing broker to earn a commission 
age Which protected class is NOT covered by New York State law but may be covered by a specific municipality? 
42,000 Wilma sells her house for $600,000 two months after her husband passed away. They had purchased the house in 1952 for $58,0...
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Basic Appraisal Principles Exam Question Review
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Basic Appraisal Principles Exam Question Review 
 
 
 
Which of the following items are considered to be personal property? 
a. a tree orchard 
b. built-in cabinetry 
c. furniture 
d. interior light fixtures - ANS c 
 
Mayes owns a property buy has leased it to Jacobs. Which term describes Jacobs' right in the property? 
a. Fee simple interest 
b. Leased fee interest 
c. Leasehold interest 
d. Lessor interest - ANS c 
 
Real estate is best described as 
a. everything resting on t...
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Appraisal Institute Basic Appraisal Principles
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Appraisal Institute Basic Appraisal Principles 
 
 
 
Appraisal (ch.1) - ANS the act or process of developing an opinion of value 
 
What types of assignments use appraisals? (ch.1) - ANS Transfer of ownership 
Financing and credit 
Litigation 
Tax matters 
Investment Decisions 
 
The valuation process (ch.1) - ANS a systematic procedure that an appraiser employs to provide the answer to a client's question about the value of real property 
 
Steps of the Valuation Process (ch.1)...
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Appraisal Institute Basic Appraisal Principles
- Exam (elaborations) • 35 pages • 2024
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Appraisal Institute Basic Appraisal Principles 
 
 
 
Appraisal (ch.1) - ANS the act or process of developing an opinion of value 
 
What types of assignments use appraisals? (ch.1) - ANS Transfer of ownership 
Financing and credit 
Litigation 
Tax matters 
Investment Decisions 
 
The valuation process (ch.1) - ANS a systematic procedure that an appraiser employs to provide the answer to a client's question about the value of real property 
 
Steps of the Valuation Proce...
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California Real Estate Exam Multiple Choice Questions Graded A
- Exam (elaborations) • 126 pages • 2023
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An appraiser's definition of "Value" would be: 
 
a. present worth of all rights to future benefits arising out of ownership. 
b. the ability of one commodity to command other commodities in exchange. c. relationship between the thing desired and the potential purchaser. 
d. all of the above. - ANSWER-d. all of the above. 
 
These are elements of value. 
 
Which of the following abbreviations is associated with the FHA? 
 
a. NAR 
b. CPM 
c. MIP/MMI 
d. MBA - ANSWER-c. MIP/MMI 
 
MIP - Mortga...
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2022 California Real Estate Exam Multiple Choice Questions & Answers (Test Bank)
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2022 California Real Estate Exam Multiple Choice Questions & Answers (Test Bank) 
Document Content and Description Below 
2022 California Real Estate Exam Multiple Choice Questions & Answers (Test Bank) An appraiser's definition of "Value" would be: a. present worth of all rights to future benefits arising out of ownership. b. the ability of one commodity to command other commodities in exchange. c. relationship between the thing desired and the potential purchaser. d. all of the above. - d. ...
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NYREI School Exam| 75 Questions| Correct Answers| 100% Verified!!
- Exam (elaborations) • 6 pages • 2023
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What is the minimum licensing requirement to sell commercial real estate in New York? - ANSWER a real estate salesperson's license 
 
What is the preferred method of creating an agency relationship? - ANSWER expressed agency 
 
An amenity purchaser - ANSWER occupies or uses the purchased property 
 
Condominium units are considered _____ property and are conveyed by _____. - ANSWER real / deed 
 
A salesperson who is an independent contractor - ANSWER is not subject to withholding requirements....
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