Real esate - Study guides, Class notes & Summaries

1. Process of Financial Management: process of ensureing materials and other resources are bought and used efficiently and economically; attain goals. 2. Value of Financial Management: Administrator has informatio to make decision and manage facility. Control device - measure performance against original plans. 3. Administrator's role in Financial Mangement: owners hold administrator responsible for proper financial management of facility. Varies according to type of ownership. chain organ...

Real estate superior school Exam Questions and Answers if you get compensation you need ______ -Answer-a license Forms of compensation -Answer-- gift card - money - free rent -ipad -concert tickets -etc. What are activies that require you to have a license -Answer-(LLBEANS) List Lease Buy Exchange Auction Negotiate Sell What activies exempt you from needing a license -Answer-(STAPLES) Self Trustor Apprasier Power of attorney Lawyer Executor Salaried employees (W2) Practic...

Basic Licensing Terms: Active Status - ANSWER-Any broker salesperson that is legally engaging in regulated acts of real estate brokerage Basic Licensing Terms: Actively Engaged - ANSWER-One with an active licenses, engaged in at least 40 hours per week in regulated real estate activity. This applies to brokers experience requirement (must be salesperson for 36 of 48 months) and to licensees seeking reciprocity. Basic Licensing Terms: Applicant - ANSWER-One who applies to the Board for a re...

RECP Module 1 All Answers Correct Market ️A place where goods can be bought and sold, where a price can be established and where buyers and sellers can trade. Commission ️Means the Indiana Real Estate Commission Real Estate ️Any right, title, or interest in real property License ️Means a broker license is issued by the commission which is not expired, suspended, or revoked Broker ️Means a person who for consideration or a commission sells, buys, trades, exchanges, optio...

NAB NHA Exam- Financial Mangement graded A+ Process of Financial Management - process of ensureing materials and other resources are bought and used efficiently and economically; attain goals. Value of Financial Management - Administrator has informatio to make decision and manage facility. Control device - measure performance against original plans. Administrator's role in Financial Mangement - owners hold administrator responsible for proper financial management of facility. Varies acc...

CT real estate salesperson exam Questions and Answers 100% Pass 6 things a licensee cannot do without a written buyer agency agreement - Correct Answer ️️ -1) Ask the buyer to disclose confidential information 2) Express an opinion or give advice about particular real esate 3) Physically show the buyer an in-house listing 4) Physically show the buyer a property listed with anither firm 5) discuss an offer with the buyer 6) Engage in any verbal or written negotiations concerning purch...

TEXAS SAE REAL ESATE INVESTMENT COURSE EXAM QUESTIONS AND ANSWERS Rob purchased a property five years ago for $200,000. He put down $50,000 and financed $150,000. Today, the property is valued at $250,000. What is this an example of? What phrase describes the amount that todays dollars grows over time? Private loan companies may place a ______ on the property for which the loan is being taken. What's the definition of appreciation? With a ______ lease, the tenant pays the rent and some ex...

CT real estate salesperson exam Questions and Answers 100% Pass 6 things a licensee cannot do without a written buyer agency agreement - Correct Answer ️️ -1) Ask the buyer to disclose confidential information 2) Express an opinion or give advice about particular real esate 3) Physically show the buyer an in-house listing 4) Physically show the buyer a property listed with anither firm 5) discuss an offer with the buyer 6) Engage in any verbal or written negotiations concerning purch...

CT real estate salesperson exam questions and answers already passed 6 things a licensee cannot do without a written buyer agency agreement 1) Ask the buyer to disclose confidential information 2) Express an opinion or give advice about particular real esate 3) Physically show the buyer an in-house listing 4) Physically show the buyer a property listed with anither firm 5) discuss an offer with the buyer 6) Engage in any verbal or written negotiations concerning purchase price, terms, or conditi...

Process of Financial Management - process of ensureing materials and other resources are bought and used efficiently and economically; attain goals. Value of Financial Management - Administrator has informatio to make decision and manage facility. Control device - measure performance against original plans. Administrator's role in Financial Mangement - owners hold administrator responsible for proper financial management of facility. Varies according to type of ownership. chain organizati...