Real estate exam stuvia - Study guides, Class notes & Summaries

New York Real Estate Exam Prep Questions and Answers 100% Pass The situation with the most potential for conflict is when a real estate licensee acts as a: -Dual Agent -Buyers Broker -Sellers Agent -Transaction Broker - ANSWER--Dual Agent A seller has listed her home with a broker for $90,000, and the broker tells a prospective buyer to submit a low offer because the seller is desperate to sell. The buyer offers $85,000 and the seller accepts it. In this situations: -The broker has vio...

NYS Real Estate Practice Exam Questions and Answers 100% Pass What agency issues real estate licenses? - ANSWER-The New York State Department of State (NYDOS), Divison of Licensing Services At what age can you become a real estate salesperson? - ANSWER-18 Do you need experience in the field to become a sales person? - ANSWER-No What is the minimum age to become a real estate broker? - ANSWER-20 If your license is revoked, how long do you have to wait to re-apply for it? - ANSWER-One year ...

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Rockwell WA Real Estate Exam Questions and Answers 100% AccurateRockwell WA Real Estate Exam Questions and Answers 100% AccurateRockwell WA Real Estate Exam Questions and Answers 100% AccurateRockwell WA Real Estate Exam Questions and Answers 100% Accurate Five people buy an investment property. They take title so that they each have equal ownership shares, and so that if one of them dies, his share will pass to his heirs. How did they take title? A. Community property b. Joint tenancy c. Te...

Mississippi Real Estate Exam| 195 Questions With Complete AnswersMississippi Real Estate Exam| 195 Questions With Complete AnswersMississippi Real Estate Exam| 195 Questions With Complete AnswersMississippi Real Estate Exam| 195 Questions With Complete Answers Fee Simple Estate - ANSWER An estate only limited by government; no other restrictions of ownership Fee Simple Estate - ANSWER also called indefeasible fee estate Freehold estates - ANSWER All fee estates are Qualified fee esta...

Rockwell WA Real Estate Practice Exam 2024 Questions and Answers (Graded A)Rockwell WA Real Estate Practice Exam 2024 Questions and Answers (Graded A)Rockwell WA Real Estate Practice Exam 2024 Questions and Answers (Graded A)Rockwell WA Real Estate Practice Exam 2024 Questions and Answers (Graded A) A property is listed for $275,000. The buyers offer $265,000, and insist that the gourmet six-burner stove remain with the property. When the signed offer is presented to the sellers, the sellers ac...

Tennessee (state exam) Real Estate Study Guide Solutions Regulatory Powers - ANSWER-Enable the agency to pass specific regulations and rules to support the administration of the license law Judicial Powers - ANSWER-Enable it to conduct hearings and investigations into the activities of licensees and to rule on license suspensions or revocations Administrative Powers - ANSWER-Enable it to establish the staff organization, records, and facilities to manage the licensing process and the lice...