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PSI National Exam questions with correct answers

PSI National Exam for Real Estate Exam Questions and Answers A written agreement in which a purchaser agrees to buy and a seller agrees to sell is called - Answer-a contract Antitrust laws prohibit competing brokers from all of the following - 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 be shared by ...

PSI NATIONAL REAL ESTATE QUESTIONS AND ANSWERS ALREADY PASSED A legal description in land that includes language like "the old oak tree" or "the big rock" would be Metes and bounds As a licensee is showing a property contiguous to a lake, the licensee notices that the lake has a large amount of algae. The buyer wishes to make an offer. What should the licensee do? Encourage the buyer to have an authoritative party investigate the algae growth. All the following are protecte...

PSI National Exam for Real Estate

PSI National Exam for Real Estate

Usury MOST nearly means - ANSWER A: illegal interest. Each state sets its own ceiling for the maximum interest rate lenders may charge. Rates above that ceiling are considered ________ and ______. No reputable lender exceeds those rates and those that make a practice of it are commonly known as loan sharks. - ANSWER usurious and illegal. Which of the following describes a mortgage that requires principal and interest payments at regular intervals and is called the liquidation of debt by pe...

PSI NATIONAL REAL ESTATE QUESTIONS with correct answers.

PSI National Home Inspector Practice Exam 2024 Questions and Answers Already Graded A+. 1. Which of the following describes partial vapor pressure? A) Water vapor has a tendency to disperse itself equally in the available air. B) Water vapor causes new homes to require house wrap. C) Water vapor is common with forced induction natural gas furnaces. D) Water vapor is an indication of sick house syndrome.: correct answer- A) Water vapor has a tendency to disperse itself equally in the availa...

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PSI National Exam for Real Estate Test Bank with complete solutions | Latest 2024 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...