N exclusive agency - Study guides, Class notes & Summaries

Ch 4 Pearson VUE Exam Questions and Answers 100% Pass 1. Mutual assent to a real estate contract is indicated by (page 98) A. attestation. B. offer and acceptance. C. acknowledgment. D. seals. - Answer- B ( This indicates a meeting of the minds.) 2. An example of an executory oral contract that is enforceable would be a (page 99) A. lease for six months starting in 6 months. B. sale of a lot for less than $500. C. lease for two weeks starting in 12 months. D. sale of drapes for $600....

Local real estate developments, such as a new subdivision, will likely impact ______ the most. - Answer-Aesthetics of a community Ross thinks he knows which neighborhoods his new clients belong in, so he tries to guide them away from the neighborhood they like. What prohibited practice is Ross engaging in? - Answer-Steering Which type of exclusive agency agreement in Kentucky allows a broker to solely represent a buyer client, but doesn't guarantee the broker will receive a commission, ev...

121 Principles of Real Estate Latest Final Exam Review. 1. The listing is always taken in the name of the _________ and becomes the property of the ___________. A. Broker—salesperson B. Salesperson—seller C. Broker—broker D. Broker—seller (Ans- C. Broker- broker A deed is used to transfer ownership of real estate. A bill of sale would be used to transfer ownership of: A. A mortgage B. Personal property C. A deed of trust D. A house and 2 acres of land (Ans- B. Personal pr...

ASREB TEST QUESTIONS & ANSWERS SOLVED 100% CORRECT!! A borrower is required to put 10% down for the purchase of a property. The 10% down would be considered... Equity A broker, acting as a property manager, would be considered what type of agent? General A contract has been signed, but title has not yet been passed. The contract is... Executory A house cost $100,000. The buyer is making a down payment of 32,000 and getting a $68,000 loan. If there are 4 points, how much money will be pa...

Law of Contracts Final Exam Questions And Answers The TREC residential contract forms are: - ANSWER- Drafted by the Broker Lawyer Committee Wrongful or criminal deception intended to result in financial or personal gain is called: - ANSWER- fraud Under the Deceptive Trade Practices Act, __________ are defined as tangible chattels. - ANSWER- goods If a seller will continue to occupy the property for one month after the closing, the buyer and seller should: - ANSWER- Enter into a Selle...

Texas Real Estate Marketing SAE Question and answers rated A+ An adjustable-rate mortgage is a loan with an interest rate that: - correct answer can change throughout the life of the loan What's a benefit for a seller in signing an exclusive agency or exclusive-right-to-sell listing agreement with a seller's agent? - correct answer increased incentive to market the property Liliana is a new sales agent hoping to build her network of real estate professionals and stay abreast of indus...

Real Estate Brokerage SAE - Champion's School of Real Estate 291 Questions with Verified Answers Search Engine Optimization (SEO) - CORRECT ANSWER The process of maximizing the number of visitors to a particular website by ensuring the website appears high on the list of results returned by a search engine. Fcebook Live - CORRECT ANSWER Video streaming through facebook. CoStar Database - CORRECT ANSWER Functions much like a residential MLS, connecting commercial agents with brokerages,...

There can be no more than _____ members of any political party serving on the Commission at one time. four A rebate could be: - a TV -A gift certificate - a return of paid commissions -none of the above a return of paid commissions The Commission has the ability to conduct a(n) ___________ when alleged escrow actions warrant emergency action. -trial -dispute -investigation -emergency hearing emergency hearing The seller's disclosure form must be completed at the...

Barney Fletcher Cram Final Exam Questions and Answers A seller wants to list the property with a broker, but wants to avoid paying any commission should the seller be fortunate enough to sell the property. himself. Which of the following should the seller avoid signing? A. an exclusive agency listing B. an exclusive right to sell listing C. an open listing D. all listings - Ans ️️ B. an exclusive right to sell listing Mr. Smith listed his farm with broker Bob. Although Smith did not ...