Nc post licensing 303 - Study guides, Class notes & Summaries

Commercial purchase contract - vary widely, inspections or due diligent are key, no standard contract Commercial Due Diligence - Free look, no risk, determined by buyer and seller BPO-Broker Price Opinion Analysis - Contains a market analysis and derives value from capitalization rates Capitalization formula - I/R*V Value=NOI/Rate Potential Gross Income - Vacancy Collection losses Additional income Effective gross income - Operating expenses Net operating income - Debt servic...

303 Nc Post Licensing Exam 2024 With Questions And Correct Answers 303 Nc Post Licensing Exam 2024 With Questions And Correct Answers 303 Nc Post Licensing Exam 2024 With Questions And Correct Answers

NC Post Licensing – 303 Questions and Answers Already Passed What is the purpose of an agency disclosure form? To inform clients about the nature of the agency relationship and the duties owed How should a real estate professional handle a situation where they represent both the buyer and the seller in the same transaction? Disclose dual agency to both parties and obtain their written consent What is required for a real estate contract to be legally binding? It must be in ...

Active & current real estate license - ANSWERSRequired when assisting another for compensation in providing brokerage services. Unlicensed assistants MAY NOT - ANSWERS-Negotiate mgmt contracts -Prepare advertisements -Negotiate amounts of money -Determine deductions from deposits Unlicensed assistants MAY - ANSWERS-Accept applications -Complete & execute preprinted leases -Accept deposits & payments for delivery to BIC -Show properties & rental units -Place for rent signs Full b...

NC POST-LICENSING 303 QUESTIONS AND ANSWERS

Post Licensing 303 - NC Law, Rules, and Legal Concepts -exam questions with correct answers

Post Licensing 303 - NC Law, Rules, and Legal Concepts with complete verified solutions .

303 NC POST LICENSING EXAM ACTUAL EXAM QUESTIONS AND CORRECT ANSWERS (ALREADY GRADED A+) | LATEST EDITION 2024 (JUST RELEASED)

Post Licensing 303 - NC Law, Rules, and Legal Concepts Questions with Complete and Verified Solutions A real estate investor is considering purchasing a residential property in a neighborhood that has seen significant growth in recent years. The property is listed at a price that is higher than comparable properties in the area. The property requires some minor repairs, and the investor is unsure if the price justifies the potential return on investment. Deal or No Deal: Deal T...