If the licensee pays a - Study guides, Class notes & Summaries
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Real Estate National Exam Questions and Answers 100% Pass
- Exam (elaborations) • 34 pages • 2024
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Real Estate National Exam Questions 
 
and Answers 100% Pass 
 
What are considered trigger terms? Interest rate, payment amount, down payment #of 
payments, term of the loan, cost to close.. any financial term except APR 
 
A borrower who was making payment on a loan was required to make a balloon payment at 
the end of the loan. This was most likely a? Partially Amortized Loan 
 
The buyer receives a seller's property condition disclose in which the buyers agent believes the 
seller has misre...
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Michigan Life and Health Final Exam Questions and Answers Solved Completely 2024
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What amount will be paid under a policy where the insured misstated his/her age? - an amount the premium would have purchased at the correct age 
 
the acceptance of a credit life application requires the submission of a certificate of insurance to the insured within_____ days - 30 days 
 
which of these is considered to be a Living benefit option in a life insurance policy - Accelerated death benefit 
 
loans obtained by a policy owner against the cash value of a life insurance policy - would n...
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Virginia Life and Health Exam Review. Questions with accurate answers. 2022/2023.
- Exam (elaborations) • 16 pages • 2023
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Virginia Life and Health Exam Review. Questions with accurate answers. 2022/2023. 
Document Content and Description Below 
Virginia Life and Health Exam Review. Questions with accurate answers. 2022/2023. What contract term means only one party to a contract's promises are legally enforceable? - Unilateral Mr. Jones, the insured, committed suicide after the expiration of the suicide clause in his life insurance policy. The insurer is obligated to: - Pay the death benefit. The benefit that encou...
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Arkansas Real Estate Law Mid-Term Questions with Verified Answers
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Arkansas Real Estate Law Mid-Term Questions with Verified Answers In a timely manner A licensee is representing the seller solely in a real estate transaction. When must the agent disclose his or her agency relationship to the prospective buyer? 
At first contact A licensee is representing the buyer solely in a real estate transaction. When must the agent disclose his or her agency relationship to the seller or the agent of the seller? 
No, not without written consent from the seller for dual re...
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Real Estate Salesperson California State Exam 2023 with complete solutions
- Exam (elaborations) • 13 pages • 2023
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Which of the following is most vital or important in planning a subdivision: - ANSWER-Market Analysis 
 
When rent is computed on the gross sales of a business occupying real property, the lease is correctly termed: - ANSWER-Percentage Lease 
 
What is not an adequate method of transferring property? - ANSWER-Executive Sale 
 
What is considered personal property? - ANSWER-Existing Mortgage 
 
If an income property is valued at $100,000 based on an 8% capitalization rate, what would be the value...
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NV Real Estate Exam Review Latest Version Graded A+
- Exam (elaborations) • 18 pages • 2024
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NV Real Estate Exam Review Latest 
 
Version Graded A+ 
 
Agency Relationship between the principal (client) and agent. 
 
Business Tangible assets of an existing enterprise. 
 
Define Business broker: 
 
What are the requirements for a permit RE broker, broker-salesman, or salesman who sells 
businesses. 
-minimum 24 hours of instruction 
-$40 permit 
-$75 examination fee (must pass 75%) 
 
Owner-Developer Owns 5+ Lots within a subdivision 
 
Real Estate Division 1. The RE Division of the Depar...
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NE Real Estate License Act Questions and Answers Rated A+
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NE Real Estate License Act Questions 
 
and Answers Rated A+ 
 
A new Nebraska real estate licensee has been asked by a new customer to help determine value 
on the home they are preparing to put on the market. The new license should perform the 
following for a customer; Comparative Market Analysis, (CMA) simplified version of the 
sales comparison approach to help determine the value of real estate. 
 
Kayla has successfully completed all of her pre-licensing requirements and was waiting on th...
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WASHINGTON STATE REAL ESTATE BROKER EXAM REVIEW QUESTIONS AND ANSWERS, GRADED A+/| latest update 2024/25|
- Exam (elaborations) • 35 pages • 2024
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WASHINGTON STATE REAL ESTATE BROKER EXAM REVIEW 
QUESTIONS AND ANSWERS, GRADED A+/ 
-All of these - -A construction loan is a: 
-Short-term loan for financing the cost of construction 
-Loan in which the lender makes periodic payments 
-Loan in which payments are issued as the building progresses 
-All of these 
-Mortgage Insurance 
-Hazard insurance 
-Real estate taxes - -Escrow disbursements can pay for: 
-Similar properties currently on the market 
-Similar properties that have been on t...
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Florida Claims Adjuster Exam, 6-20 All Lines Adjuster- Florida- Review Already Passed
- Exam (elaborations) • 28 pages • 2023
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Florida Claims Adjuster Exam, 6-20 All Lines Adjuster- Florida- Review Already Passed 
Peril Something that causes a loss. 
Hazard Something that increases the probability that a loss will occur. 
Warranty A policy condition, either based on information in the insureds application or inserted by the insurer. It is a guarantee of a fact. 
Misrepresentation An untrue statement by the insured, made in an application for insurance but which does not become a part of the policy. 
Concealment The fail...
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Colibri Real Estate Final Exam with Complete Solutions
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Colibri Real Estate Final Exam with 
 
Complete Solutions 
 
land contract buyer pays seller to occupy and use property 
 
net lease buyer pays rent and other expenses 
 
gross lease buyer pays only rent 
 
goes to heirs Tenants in common, 2 of 3 people die. Who gets the property of those who 
died? 
 
Tenant owns it in severality Joint Tenancy, 3 of 4 people die. Who gets property of those 
who died? 
 
Client Another word for principal 
 
race, nat. origin, sex, color, religion, disability, fa...
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