Real estate figure Study guides, Class notes & Summaries

Within how many days after property transfer shall a buyer submit a completed transfer form and file with ADEQ - correct answer 15 days An example of involuntary alienation is where title to real estate passes by: - correct answer Sheriff's deed What event will create an involuntary life estate? - correct answer Dower interest becoming cohate A valid warranty deed must contain all of the following elements, except: - correct answer Signed by grantee The clause in a deed which sets f...

A property is listed with Rockwell Realty at $70,000. Rockwell Realty negotiates with Woods who is familiar with the property and who agrees to buy the property at that figure. Rockwell Realty prepares an agreement of sale, which is signed by Woods. Copies are then mailed to Downes, the owner, for signature on May 31, 2014. Downes receives the copies on June 3, 2014. He signs them and mails the signed copies to Woods on June 5, 2014. On June 4, 2014 Woods wired Downes, "Offer withdrawn." Under...

NYREI practice exam questionsFor the income approach to appraisal, value is a reference to what? - correct answer the worth of the investment Which method of property description is most frequently used in New York State? - correct answer Metes and bounds One important characteristic of investing caused Bill to invest in certificates of deposit rather than real estate. Bill was concerned with - correct answer liquidity. Who sets the legal description? - correct answer surveyor Dw...

Test Bank For Entrepreneurship: The Practice and Mindset 1st Edition by Heidi M. Neck Christopher P. Neck ,Emma L. Murray Chapter 1: Entrepreneurship: A Global Social MovementTest Bank Multiple Choice 1. The authors define entrepreneurship as . a. a discipline that seeks to understand how opportunities are discovered, created, and exploited, by whom, and with what consequences b. starting a small business by finding investors and launching a product c. developing a new market by crea...

Arizona Real Estate Practice Questions with Verified Solutions Within how many days after property transfer shall a buyer submit a completed transfer form and file with ADEQ 15 days An example of involuntary alienation is where title to real estate passes by: Sheriff's deed What event will create an involuntary life estate? Dower interest becoming cohate A valid warranty deed must contain all of the following elements, except: Signed by grantee The clause in a deed which sets forth or limi...

NYREI practice exam questions and answers For the income approach to appraisal, value is a reference to what? - CORRECT ️️ the worth of the investment Which method of property description is most frequently used in New York State? - CORRECT ️️ Metes and bounds One important characteristic of investing caused Bill to invest in certificates of deposit rather than real estate. Bill was concerned with - CORRECT ️️ liquidity. Who sets the legal description? - CORRECT ️️ surveyo...

NYREI practice exam questions and answers For the income approach to appraisal, value is a reference to what? - CORRECT ️️ the worth of the investment Which method of property description is most frequently used in New York State? - CORRECT ️️ Metes and bounds One important characteristic of investing caused Bill to invest in certificates of deposit rather than real estate. Bill was concerned with - CORRECT ️️ liquidity. Who sets the legal description? - CORRECT ️️ surveyo...

Exam For Texas Real Estate Principles 1 Questions and Answers 2024 There are seven sources of law in the United States, What would be an example of them? Local zoning laws, FHA/VA regulations, court decisions Laws passed by Congress and various other various state legislatures may Authorize agencies to pass rules and regulations to enforce the provisions of law The legal concept of precedent Grew out of common law Constitutional provisions Establish the rights of citizens and delineate...

Abandonment if a landlord doesn't hear from tenant they have to send a notice to their previous address saying if they don't hear from him/her within 7 days then he will recent property. Affiliated licensee licensed real estate salesperson or broker All real estate transactions have to be kept where? Broker's office Any money that is made illegally... can be penalized up to 3X the amount At very first meeting, licensee must disclose... 1. he has ownership inte...

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