Real estate services - Study guides, Class notes & Summaries
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Real Estate U Final Exam Study Guide
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Real Estate U Final Exam Study Guide 
 
The section of the New York Real Property Law 
pertaining to real estate salespersons and brokers. 
- Primary purpose is to "Protect the Public" 
- Requires a salesperson to be at least 18 years of age 
- Requires a broker to be at least 20 years of age 
 
A licensed real estate broker that holds the license of a salesperson. 
 
Obtained after your register for the New York State 
Salesperson exam using eAccessNY. You must bring this with 
you when takin...
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GEO 793- Geography of Toronto - Final Exam with 100% Correct Answers
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GEO 793- Geography of Toronto - Final 
Exam with 100% Correct Answers 
Gentrification: - answerA process of converting an urban neighborhood from a 
predominantly low-income renter-occupied area to a predominantly middle-class/higher owner- 
occupied area. 
Pros of Gentrification: - answer1) A more esthetically appealing neighborhood 
2) Increased public safety 
3) Increasing land values 
4) Decreased crime rates 
5) Decreasing urban sprawl 
6) Increasing options for food, retail outlets, and jo...
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Texas Promulgated Contracts-CHAMPIONS Exam 2022-2023.
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Texas Promulgated Contracts-CHAMPIONS STUDY 2022-2023. 
The elements of a valid contract are, competent parties, consideration, legal subject matter, in writing, and ___________. 
 
(a) Default 
 
(b) Mutual consent 
 
(c) Property condition 
 
(d) Recording 
 
A(n) __________________ contract is defined as a contract that is binding on the parties, with one or more of the parties having contractual duties that have not yet been performed. 
 
(a) Executory 
 
(b) Executed 
 
(c) Bilatera...
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Residential Inspection for Real Estate Agents - Champions School of Real Estate| 409 questions and answers
- Exam (elaborations) • 51 pages • 2023
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Deficiency 
A ________, in the reasonable judgment of the inspector, is a condition that adversely 
and materially affects the performance of a system, or component. 
 
 
 
Inspection 
Process of examining accessible items, and 
reporting their condition 
 
 
 
RESPA 
Prohibits abusive practices like undisclosed 
referral fees and kickbacks. Designed to help consumers become more knowledgeable of settlement services costs. 
 
 
 
Departure Provision 
The inspector may not inspect an item if the ...
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M100 Community Association Management Exam Questions with correct Answers
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Each of the following are key characteristics of community associations EXCEPT: 
a. Mandatory lien-based economic charges or assessments are levied on each owner in order to operate and maintain the community association. 
b. Membership in the community association is mandatory and automatic for all owners. 
c. A requirement of community association ownership is serving on the board of directors. 
d. Certain documents bind all owners to be governed by the community association. - Answer- c. A r...
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Gold Coast Real Estate Exam with Verified Answers
- Exam (elaborations) • 11 pages • 2023
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Tract building - Answer- When a dev. Acquired land, records a plat map and uses a model center from which sales may be made 
 
Local level - Answer- Planning, zoning, property taxation, building and health codes and regulations, and building moratoriums that affect development play a significant role in the cost and desirability of real estate 
 
Broker associate - Answer- A licensed broker working for another broker 
 
False - Answer- A florida real estate license applicant must be a resident a...
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Champions Law of Agency – exam 2024 with 100% correct answers
- Exam (elaborations) • 6 pages • 2024
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Which of the following has the authority to suspend or revoke a Texas real estate license? - correct answer TREC 
 
Which of the following is an element of a listing agreement? - correct answer the agreement to pay a stated commission, usually a percentage of the sales price 
 
the IRS considers which of the following a violation of independent contractor status? - correct answer salesperson is told to work set hours, guaranteed a monthly minimum wage, has his licensing fees paid by the br...
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Virginia Real Estate National Exam 2023-2024 Questions and Answers 100% Correct
- Exam (elaborations) • 18 pages • 2023
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Virginia Real Estate National Exam 2023-2024 Questions and Answers 100% CorrectVirginia Real Estate National Exam 2023-2024 Questions and Answers 100% CorrectVirginia Real Estate National Exam 2023-2024 Questions and Answers 100% CorrectVirginia Real Estate National Exam 2023-2024 Questions and Answers 100% Correct 
 
(virginia time share act) For an initial purchaser, there is a _________day right of rescission. Meanwhile, a buyer has a 5-day right of rescission in a time share resale. - ANSWER...
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Real Estate U Final Exam Study Guide|Q&A, 100% verified| Latest 20232024|Complete|Helps you Ace your RE U Final Exam
- Exam (elaborations) • 35 pages • 2023
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Real Estate U Final Exam Study Guide|Q&A, 100% verified| Latest 20232024|Helps you Ace your RE U Final Exam 
Real Estate U Final Exam Study Guide| 
Q&A, 100% verified| Latest 20232024|Helps 
you Ace your RE U Final Exam 
Article 12-A of the NYS Real Property Law 
The section of the New York Real Property Law 
pertaining to real estate salespersons and brokers. 
- Primary purpose is to "Protect the Public" 
- Requires a salesperson to be at least 18 years of age 
- Requires a broker to be ...
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RECA Review Questions And Answers
- Exam (elaborations) • 34 pages • 2023
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Which of the following describes a competent real estate professional? 
A) A real estate professional who agrees to provide services that they are incapable of performing 
B) A real estate professional who possesses the necessary ability and knowledge to perform an action proficiently 
C) A real estate professional who represents a client in matters that are beyond their expertise 
D) A real estate professional who holds a valid authorization from RECA and is registered with a brokerage in Alber...
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