Blind advertisement - Study guides, Class notes & Summaries

What is your status under the Internal Revenue code - Answer A statutory non-employee What is your status under NY Law, and where you are supervised by a Broker - Answer Independent Contractor How long are records to be maintained for - Answer 3 years Where do we get our license from - Answer NY State Department of State Division of Licensing Services How many hours of classes does a salesperson need? Broker? - Answer Salesperson = 75 / Broker = 120 What are the age requ...

Bob Hogue Unit 5 Questions and Answers | Updated

MS Real Estate State Portion Questions and Answers Rated A+ Special situations, where unusual facts exist or where one or more parties involved are especially vulnerable, could require additional disclosures not contemplated. in such cases, brokers should seek legal advice prior to entering into an agency relationship If a broker, as escrow agent, accepts a check and later finds that such check has not been honored by the bank on which it was drawn, the broker shall immediately notif...

Florida Real Estate STATE exam Questions and Answers 100% Pass The best protection that the public has during a Real Estate transaction is (are) A. The national and state association of REALTORS B. The punishment of licensees dealing dishonesty C. the high ethical standards of real estate agents D. FREC and the license law D. FREC and the license law A group license A. allows a broker to have a branch office B. allows a sales associate to work for more than one broker C. may be held by a...

PA Exam 3 with 100% Correct Answers 2023 Which of the following are NOT grounds in Pennsylvania for revoking a broker's license? A Being convicted of a felony B Agreeing with the seller to accept a commission that is more than the standard rate C Depositing an earnest money check into the broker's personal account D Advertising as a member of the Pennsylvania Association of Real Estate Professionals when the broker is not really a member - Correct Answer-B It is perfectly legal to agr...

EOC test for gold coast real estate course|Complete Questions with 100% Correct Answers what are the 3 areas that a licensee are required to have expert knowledge? property transfer, valuation, marketing when a developer acquires a large tract of land and records a subdivision play map, and uses a model center from which sales are made is called? tract building focusing on one type or style of property or a particular neighborhood farming/farm area sales associate who wishes t...

NY STATE Real Estate U test exam prep questions and answers Department of State responsibility? - Answer ️️ -Responsible for issuing real estate licenses, pock cards, and handing down disciplinary action. Article 12-A NYS real property law outlines - Answer ️️ -Roles and responsibilities of department of state. Typical commission in NY? - Answer ️️ -6% Commissions are ______ and determined by____? - Answer ️️ --Negotiable -both client and broker Blind ad - Answer ️️ ...

Real Estate U Pass the NY State Exam Latest Questions with 100% Accurate Solutions The Department of State - Answer️️ -- Primarily responsible for issuing real estate licenses, pocket cards, and handing down disciplinary action - Provides advertising guidelines for brokers Article 12-A of the NYS Real Property Law - Answer️️ -Outlines the roles/duties of the Department of State Commissions - Answer️️ -- Commissions are paid by the client (buyer or seller depending on the tran...

Real Estate U Pass the NY State Exam Study Guide Solutions The Department of State - ANSWER-- Primarily responsible for issuing real estate licenses, pocket cards, and handing down disciplinary action - Provides advertising guidelines for brokers Article 12-A of the NYS Real Property Law - ANSWER-Outlines the roles/duties of the Department of State Commissions - ANSWER-- Commissions are paid by the client (buyer or seller depending on the transaction) to the brokers involved in the trans...

Champions School of Real Estate - Exam Prep with Correct Solutions 2024 Buyer Representation Agreement - Answer -An employment contract obligating a broker to act as a fiduciary to a buyer Implied Agency - Answer -Agency as a result of customary, usual or typical conditions Broker - Answer -A properly licensed party who serves a principal in an agency relationship- also called an agent Client - Answer -A party represented by a broker in an agency relationship - also called a principal Du...