Post licensing exam - Study guides, Class notes & Summaries

FL RE Post-Licensing Practice Exam 2 The RE School , (Answered) Compete Verified Solution 2024. What is the relationship between a property's net operating income and it's present value? Capitalization rate refers to the ratio of net operating income and property's present value. The correct answer is: Capitalization rate What is the occupancy rate of a 40-unit apartment building if 38 units are rented? To calculate the occupancy rate we divide units rented by total units in the buildin...

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301 NC POST LICENSING EXAM 2024 WITH 300 REAL EXAM QUESTIONS AND CORRECT ANSWERS / NC POST LICENSING 301 ACTUAL EXAM LATEST VERSION (ALREADY PASSED!!) All of the following are actions that the North Carolina Real Estate Commission (NCREC) can take against a broker/provisional broker license EXCEPT A) confiscate. B) reprimand. C) revoke. D) suspend. - ANSWER-A) confiscate. Ariel has just received her North Carolina real estate license in the mail after passing the state licensing e...

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Which of the following BEST describes subagent? A) Literally the agent of an agent, a person designated or employed by an agent to perform all orand part of the agent's assigned tasks or services on behalf of the agent's principal B) The person who authorizes another to act on the principal's behalf within specified parameters and to whom the agent owes certain legal duties C) The person acting for and on behalf of the principal within the bounds of the authority granted and who o...

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A married couple have prequalified for a $240,000 conventional mortgage. If they put 20% down, they can buy a house for - correct answer $300,000 What facts need not be disclosed in a real estate transaction? - correct answer The property was the site of a homicide. What is a good graphic to show a seller that there will be more activity if the property is competitively priced? - correct answer The pricing pyramid A home sells for $310,500. Expenses of the sale are $4,800. The brokerage...