Missouri real estate - Study guides, Class notes & Summaries

Missouri Real Estate Practice Exam Questions With 100% Verified Answers A farmer sold his farm. Several months later the farmer was able to go back and harvest the crops he planted. The crops are called: - answerEmblements A bill of sale would be the document used to convey what? - answerA refrigerator A commercial tenants lease was about to expire. The tenant wanted to remove some shelving that he had installed. Could he do this? - answerYes, if he removes the shelves before the lease ex...

If a licensee violates a provision of the Missouri License Law, the licensee: - Shall be guilty of a class B misdemeanor and may be liable for criminal prosecution A broker takes a listing, which one is illegal in Missouri? - Seller collects 94% of list price and broker is to get all above that If a licensee breaches his fiduciary responsibilities to the principal, which of the following actions could not be taken against the licensee? - The state may rescind all contracts negotiated by the...

A seller owned two plots of land that combined for a width of 950ft and a depth of 1800ft. A creek divided the north plot from the south plot. What is the total acreage of the two plots? - (B) 39.25 acres A secretary in a real estate office has passed the salesperson's exam but has not yet received a license. This person could: - C. give another salesperson in the office the address of the listed property the other salesperson wants to show An owner builds a recreation room onto her house...

Missouri Real Estate 48 Hour Course Unit Quizzes MO Law

2024 COLIBRI REAL ESTATE (MISSOURI) EXAM WITH CORRECT ANSWERS

A farmer sold his farm. Several months later the farmer was able to go back and harvest the crops he planted. The crops are called: - Emblements A bill of sale would be the document used to convey what? - A refrigerator A commercial tenants lease was about to expire. The tenant wanted to remove some shelving that he had installed. Could he do this? - Yes, if he removes the shelves before the lease expires Which would not be considered real property? - Trade Fixtures By definition, a fixtur...

Missouri Real Estate Practice Exam

MISSOURI REAL ESTATE - STATE PORTION ONLY/ EXAM REVIEW QUESTIONS AND ANSWERS, GRADED A+ In the event of the death or incapacity of a licensed broker: - -May issue a temporary broker license to individual approved by the commission What is the maximum fine for violations the commission my charge? - -$25,000 The commission will not here what kind of complaints? - -Commission disputes between licensees A real estate cannot work without what? - -A workers permit issued by the Real Estate Com...

If a licensee violates a provision of the Missouri License Law, the licensee: - Shall be guilty of a class B misdemeanor and may be liable for criminal prosecution A broker takes a listing, which one is illegal in Missouri? - Seller collects 94% of list price and broker is to get all above that If a licensee breaches his fiduciary responsibilities to the principal, which of the following actions could not be taken against the licensee? - The state may rescind all contracts negotiated by the...

A seller owned two plots of land that combined for a width of 950ft and a depth of 1800ft. A creek divided the north plot from the south plot. What is the total acreage of the two plots? - (B) 39.25 acres A secretary in a real estate office has passed the salesperson's exam but has not yet received a license. This person could: - C. give another salesperson in the office the address of the listed property the other salesperson wants to show An owner builds a recreation room onto her house...