Puffing - Study guides, Class notes & Summaries

Real Estate National Exam Prep #3 Questions and Answers 100% Pass Under an exclusive right to sell listing, a license holder has the authority to take which of the following actions on behalf of a seller? (a) make price adjustments based on feedback from showings (b) refuse to present offers that the salesperson feels are too low (c) advertise the property for sale (d) offer a lease purchase arrangement to a prospective buyer - Correct Answer ️️ -(c) advertise the property for sale ...

land contract : buyer pays seller to occupy and use property net lease : buyer pays rent and other expenses gross lease : buyer pays only rent goes to heirs : Tenants in common, 2 of 3 people die. Who gets the property of those who died? Tenant owns it in severality : Joint Tenancy, 3 of 4 people die. Who gets property of those who died? Client 2 | P a g e : Another word for principal race, nat. origin, sex, color, religion, disability, familial status : Protected by Fair Housing A...

Karen and David Carpenter are a team. They have one employee and four sales agents; they also enjoy flipping properties. David asks one of the sales agents to write an offer for him but to use the company name instead of his first and last name. David's offer is accepted, he puts a fresh coat of paint on the property, and then sells it for considerably more. What has David done? - Self-Dealing. Alice forgot to lock the windows that she opened to let in fresh air at her open house and the ho...

Which of the following statements is the BEST example of puffing? - ️️B. This is the best buy you will find all year Major difference between freehold and non-freehold estates is that all non-freehold estates? - ️️D. Are estates for a fixed term A real estate licensee has a buyer agency agreement. What is the seller in this situation -Customer -Client -Fiduciary -Agent - ️️customer According to fair housing, which of these is not a protected class? -Muslim -Arab -Homo...

Which of the following statements is the BEST example of puffing? - ️️B. This is the best buy you will find all year Major difference between freehold and non-freehold estates is that all non-freehold estates? - ️️D. Are estates for a fixed term A real estate licensee has a buyer agency agreement. What is the seller in this situation -Customer -Client -Fiduciary -Agent - ️️customer According to fair housing, which of these is not a protected class? -Muslim -Arab -Homo...

Real Estate National Exam Prep #3 Questions and Answers 100% Pass Under an exclusive right to sell listing, a license holder has the authority to take which of the following actions on behalf of a seller? (a) make price adjustments based on feedback from showings (b) refuse to present offers that the salesperson feels are too low (c) advertise the property for sale (d) offer a lease purchase arrangement to a prospective buyer - Correct Answer ️️ -(c) advertise the property for sale ...

A client with a pulmonary embolism may have which of the following interventions? - a. IVC filter b. Embolectomy ** c. Chest tube placement d. Heparin drug therapy ** e. Thoracotomy An older adult client arrives in the emergency department after falling off a roof. The nurse observes "sucking inward" of the loose chest area during inspiration and a "puffing out" of the same area during expiration. Arterial blood gas results show severe hypoxemia and hypercarbia. Which procedure does...

LAW OF CONTRACTS FINAL EXAM TEST BANK LATEST REAL EXAM QUESTIONS AND CORRECT DETAILED ANSWERS WITH RATIONALES |A+ GRADE Drafts and revises contract forms for use in real estate transactions in the state of Texas. a. Promulgated forms b. Intentionally c. Puffing d. Deceptive Trade Practices Act e. Broker-Lawyer Committee - ANSWER- E Forms published by TREC that are mandatory for license holders to use in real estate transactions into the state of Texas. a. Promulgated forms b...

When a seller and licensed salesperson agree to a listing, on terms acceptable to the broker, an agency relationship is established between: - ANSWER-The listing broker and the seller A broker would be in violation of the Federal Fair Housing Law for all of the following actions EXCEPT: - ANSWER-Hiring salespeople, on the basis of sex, regardless of experience or qualifications. A broker is representing a buyer. When the broker is showing property, he may NOT disclose to his buyer: - ANSWE...

Seller A entered into an option contract with Buyer B. The contract allowed for a price of $200,000 which Seller A honor for a 12 month period exclusively for Buyer B. This would be an example of a - a unilateral contract in which only seller A has made a promise to perform. The purchased price for a new home was $230,000. The buyer put down 20%, and the balance was a mortgage for 80%of the purchase price. The appraised value at the time of closing was $220,000. What will the buyer pay for one ...