Real estate quiz 3 - Study guides, Class notes & Summaries

RECA Unit 7 Quiz Latest Update Graded A+ What are Alberta's six natural water sources? A) Surface water, rain water, rivers, river basins, lakes, and wetlands B) Surface water, rivers, river basins, frozen water, lakes, and springs C) Surface water, rivers, river basins, lakes, wetlands, and springs D) Surface water, rivers, river basins, lakes, wetlands, and wells C Which of the following statements are correct regarding a Conservation Easement? 1. A Conservation Easement allows ...

Colibri Chapter Quiz Questions | 100% Correct Answers | Verified 2024 Version A licensee who is interested in retail stores and shopping centers should look into entering: residential real estate. commercial real estate. real estate counseling. real estate appraisal. - Commercial Of the following, which would NOT likely be a prospect? Blogs FSBOs People in your target audience Sphere of influence - Blogs Which of the following is considered the most important factor in real estat...

OREGON REAL ESTATE QUIZ 2023 COMPLETE QUESTIONS AND ANSWERS ALREADY PASSED A+ When an easement appurtenant exists between two parcels of land that are owned by different owners: a. the servient tenement is given the right to cross the land of the dominant tenement. b. the dominant tenement is burdened by the easement. c. the servient tenement can revoke the use of the easement by giving proper notice. d. the dominant tenement is benefited by the easement. - CORRECT ANS d. the do...

Maine sales agent course quiz #1What powers does the Maine Real Estate Commission have? - correct answer 1. Enforce Real Estate License Law and Rules 2. Discipline Real Estate Licensees 3. Oversight of education programs 4. Issue Licenses What types of licenses does the Maine Real Estate Commission issue? - correct answer 1. Sales Agent 2. Associate Broker 3. Broker 4. Designated Broker (Sometimes referred to as the Broker, DB, Principal Broker, Broker in charge, etc.) Ap...

Indiana Real Estate Commission Statutes and Rules Quiz (in class) The Indiana Real Estate Commission consists of A. 12 district real estate commissioners B. 9 district commissioner and 3 citizen at-large commissioners C. 10 district commissioners and 2 citizen at-large commissioners D. 9 district commissioners, 2 citizen members at-large, and 1 real estate member at-large ️D. 9 district commissioners, 2 citizen members at-large, and 1 real estate member at-large To obtain an Indi...

Maine Quiz 1 1. In Maine, a person without a real estate license may: A. Receive a referral fee. B. Receive compensation for finding a buyer for a piece of property. C. Sell a relative's house and receive a fee not to exceed 5%. D. Call bids at a real estate auction. - correct answer Your answer: D. Call bids at a real estate auction. 2. Under Maine law, "real estate brokerage' means: A. The full-time practice of real estate over a two year period. B. To act solely for the clien...

Alabama License Law Exam Practice Quiz with Complete Solutions A broker who operates a brokerage business within the corporate city limits of Montgomery Must be sure his/her office is located in property zoned for business. Any person desiring to make an appeal of a decision or ruling of the Commission to a court must post a satisfactory appeal bond in the amount of______? $200 Of the following, who would be exempt from the licensure provisions of License Law? Public officers performing their...

Quiz :What five economic characteristics affect the value of land in the marketplace? (D.U.S.T.S) - Answer :1. Demand; The more demand a property has, the higher the value 2. Utility (Or usefulness); More space/rooms etc.. the more useful .. 3 bed 4 bath > 1 bed 2 bath 3. Scarcity; A property will sell quickly if limited property's available 4. Transferability; Real estate is readily transferable from seller to buyer (loans available, rates are low) 5. Situs; (Site) Unique property a...

Econ 102 quiz 4 Question 1 of 10 10.0/ 10.0 Points The supply of money in the U.S. economy is determined primarily by A. decisions made by the Federal Reserve and the U.S. Treasury. B. the actions of the Federal Reserve and the banking system. C. consumers and the banking system. D. the demand for money in the economy. Answer Key: B Question 2 of 10 10.0/ 10.0 Points One of the essential functions that a bank performs is A. purchasing government bonds. B. creating deposits by lending required re...

Quiz :Appraisal - Answer :An estimation of value. It is done by appraisers using specific techniques. Done to: obtain a loan, insurance value, divorce settlement or capital gain. Quiz :Broker Price Opinion - Answer :An opinion by a local expert of the of the value of a property based upon properties recently sold in the market. Quiz :Comparative Market Analysis (CMA) - Answer :A method of valuing homes that looks not only at recent home sales, homes in the market and homes that were liste...