Consummate - Study guides, Class notes & Summaries

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...

PSYC 140 Module 7 Exam - Requires Respondus LockDown Browser + Webcam Attempt Time Score Score for this quiz: 30 out of 30 Submitted Jun 25 at 11:14pm Question 1 Fatuous love Correct! Infatuation Romantic love Consummate love Question 2 1 / 1 pts For the following couples, identify which of the following types of love best describes their relationship: Consummate love, Fatuous, Liking, Romantic, Companionate. Alex...

1031 tax-deferred exchange - Answer- Section 1031 of the Internal Revenue Code allows the owner of real property to sell that property and then reinvest in a "like-kind" property and defer paying any capital gains taxes; strict IRS rules regulate this type of exchange Ex. Real estate investors can take advantage of the 1031 tax-deferred exchange to defer capital gains taxes when selling a property, provided the money is rolled into another "like" purchase abutting - Answer- Land parce...

MS REAL ESTATE QUESTIONS AND ANSWERS 100% SOLVED Can a real estate licensee appeal a hearing decision rendered by the real commission? Yes, if the appeal is made within 30 days of the notice of the commission's action many How many days does an agent have to send in the Cooperating Agreement with out-of-state real estate brokers to MREC after reaching the agreement to accept the referral? d. 10 How many copies of the Cooperating Agreement with out-of-state brokers goes to the Real...

Module 4: Hawaii Pre-Licensing Real Estate Exam Questions and Answers 100% Pass Which of the following best represents rescission of a contract? A) Option to purchase can be transferred by a lessee to a lessor B) Lease was terminated with the mutual agreement of both parties C) One of the parties can change the contract at a later date D) Offer to buy - Correct Answer ️️ -B) Lease was terminated with the mutual agreement of both parties An offer, where no earnest money or deposit is ...

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 notify all parties involved in the transaction Monies received in a...

Module 4: Hawaii Pre-Licensing Real Estate Exam Questions and Answers 100% Pass Which of the following best represents rescission of a contract? A) Option to purchase can be transferred by a lessee to a lessor B) Lease was terminated with the mutual agreement of both parties C) One of the parties can change the contract at a later date D) Offer to buy - Correct Answer ️️ -B) Lease was terminated with the mutual agreement of both parties An offer, where no earnest money or deposit is ...

MECE - -Mutually Exclusive (each issue is separate & distinct) Collectively Exhaustive (every aspect comes under only one issue) -McKinsey Tool --know all the facts/details -guard against making early selection of solutions before all other facts are known Mother City - -Caral, Peru; "mother city" of Incan civilization -complexity and scope -hierarchy of living arrangements -served as a major trade area --> rise of class divisions Transaction Costs - -Williamson interview -c...

What is disabled? - ANSWERInability to make decisions that promote one's well being in conformity with one's own values and preferences. Non-legal. What is incapacitated? - ANSWERA legal term, statutorily designed, when one is determined by the guardianship court to lack the capacity to manage at least some property to to meet at least some of his or her essential health and safety requirements. What is the biggest disadvantage of Guardianship? - ANSWERCourt interaction enforcing strict ...

Pearson vue practice exam questions with Correct Answers K and R bought a house as tenants in common. If K dies, which of the following statements about ownership of the house is CORRECT? a. it automatically becomes tenancy in severalty b. it is divided, with R retaining R's original interest and the balance going to K's estate C. R holds fee simple ownership in k's share of the property d. R holds life estate ownership in K's share of the property - Answer-B. it is divided, with R ...