Interim land agent exam Study guides, Class notes & Summaries

who must sign the mortgage broker dual agency disclosure form? - Answer the borrower and the seller how many members of the NYS board of real estate must be real brokers? - Answer 5 which of the following does not appoint members to the board? - Answer secretary of state a _____ broker conducts business as a sole proprietorship, doing businesses under a name other than his or her own personal name - Answer trade name examinees may or may not bring large bags or briefcases into the te...

Real Estate Salesperson California State Exam Questions and Answers 100% Pass Which of the following is most vital or important in planning a subdivision: - Correct Answer ️️ -Market Analysis When rent is computed on the gross sales of a business occupying real property, the lease is correctly termed: - Correct Answer ️️ -Percentage Lease What is not an adequate method of transferring property? - Correct Answer ️️ - Executive Sale What is considered personal property? - Corre...

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...

PSI National Exam for Real Estate Questions and Answers Already Passed A written agreement in which a purchaser agrees to buy and a seller agrees to sell is called a contract Antitrust laws prohibit competing brokers from all of the following 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 all current ow...

PSI National Exam for Real Estate Test with complete solutions A written agreement in which a purchaser agrees to buy and a seller agrees to sell is called Antitrust laws prohibit competing brokers from all of the following When a sewer line is installed down a rural road, the cost will probably be shared by State laws differ on whether a buyer is entitled to know about A lawsuit for inverse condemnation may be brought by When is racial discrimination in the rental of rooms or apart...

PSI NJ Real Estate Practice Exam Study Guide 2023 38 Unrepresented buyers ask the licensee who listed the home whether they should order a property inspection as a part of their due diligence for the purchase of the home. Which of the following would be the most appropriate way for the listing agent to respond?: If you feel it is in your best interest, please do so. 39. What critical aspect of the property inspection process MUST licensees convey to prospective buyers?: Need for...

PSI National Exam for Real Estate correctly answered 2023A written agreement in which a purchaser agrees to buy and a seller agrees to sell is called - correct answer a contract Antitrust laws prohibit competing brokers from all of the following - correct 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 b...

PSI National Exam for Real Estate correctly answered 2023A written agreement in which a purchaser agrees to buy and a seller agrees to sell is called a contract Antitrust laws prohibit competing brokers from all of the following 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 all current...

California Broker Real Estate Exam Questions Broker A receives two offers on Seller B's house, which is listed for sale at $250,000. The first offer is for all cash at $200,000. The second offer is for 20% down with 80% financing for the full price. What should the broker do with respect to both offers? - Present both offers to the seller as soon as possible. The two primary documents dealing with payment of a loan are the mortgage or deed of trust and a - promissory note. The term tha...

California Broker Real Estate Exam Questions and answers. 100% Rated A+. 2022 Document Content and Description Below California Broker Real Estate Exam Questions and answers. 100% Rated A+. 2022 Broker A receives two offers on Seller B's house, which is listed for sale at $250,000. The first offer is for all cash at $200,000. The second offer is for 20% down with 80% financing for the full price. What should the broker do with respect to both offers? - Present both offers to the seller as soo...