Real property july 2024 - Study guides, Class notes & Summaries

AREC exam 2024 Questions and Answers Woodrow helps his neighbor sell his home by assisting with negotiations. He receives no compensation for his assistance. Based on this transaction, Woodrow _____ - Answer-Doesn't need a real estate license What must you have to apply as a real estate salesperson in Alabama -Answer-A sponsoring broker Daisy holds a real estate license in Mississippi and looking to obtain a reciprocal license in Alabama. Which requirement must she meet? -Answer-Provide ...

EEOC New Counselor Course - DEOMI fully solved 2024 passedFUNDAMENTALS OF EEO - correct answer Amendments to the U.S. Constitution - correct answer 5th - correct answer The 5th Amendment, December 15, 1791, no person shall be compelled to be a witness against themselves, be subject to double jeopardy for the same offense, nor be deprived of life, liberty, or property, without due process. 13th - correct answer The 13th Amendment, December 6, 1865, abolished slavery. 14th - ...

NY State (Mortuary) Law Exam #1 - #4 Questions 2024. False - ANSWER The name of a registered resident may be on the letterhead of a funeral establishment. True - ANSWER All charges on a Itemization of Funeral Service & Merchandise Selected are going to be listed under either Funeral Home Charges or Cash Advance Charges. True - ANSWER When a funeral firm is owned and operated by an individual, the individual must be a licensed and registered NYS funeral director. True - ANSWER A funeral...

Georgia Real Estate Exam 2023-2024 Questions and Answers 100% CorrectGeorgia Real Estate Exam 2023-2024 Questions and Answers 100% CorrectGeorgia Real Estate Exam 2023-2024 Questions and Answers 100% CorrectGeorgia Real Estate Exam 2023-2024 Questions and Answers 100% Correct Easement by prescription - ANSWER-Easement acquired by continuous open and hostile use of the property for the period of time prescribed by state law Easement by necessity - ANSWER-Easement allowed by law as necessary f...

CE shop Final Exam Questions and Answers 100% Correct | 2024/2025. Blaire apparently hasn't learned her lesson. She paid a $5,000 penalty when MREC found her guilty of misrepresentation, a $10,000 penalty when she was found guilty of placing a for sale sign in someone's yard without permission, and now she's committed three more violations by placing a series of discriminatory ads. What's the maximum penalty MREC can levy for these new violations? -Correct Answer: 75,000 Which of t...

MLO Practice 120 Questions and Answers | Latest Version | 2024/2025 | Already Passed At the end of the term for a balloon mortgage, which type of payment is made? Lump sum Who pays for homeowners insurance? The borrower Which party other than the buyer and seller must agree to a loan assumption? Lender A seller has prepaid July HOA fees of $60. If closing is on July 21 and the seller owns the property on closing day, how much will the buyer owe for the HOA fees at closing? Use a s...

CT Final Exam 2023/2024 Questions and Answers Rated A+ A real estate salesperson may have his or her license revoked for: accepting compensation for brokerage service from someone other than the employing broker A salesperson may advertise a property for sale only: if the name of the broker is included in the ad. A real estate broker hires a secretary who does not have a real estate license and agrees to pay a fixed salary. Which of the following duties may the secretary perform? typing contra...

Notary Exam 2024 Practice Questions with Verified Answers If a Notary identifies a signer through proper ID but forgets to put the information in her journal, she would be fined for? 750 Aaron has filed his Oath of Office and bond with the county recorder's office where he holds his principal place of business. Aaron is under oath for the duration of his commission to follow all Notary laws as a result. If Arron falsifies a statement, verbally or in writing, he may be found guilty ...

Hawaii Real Estate Exam State Only | 100% Correct Answers | Verified | Latest 2024 Version Land ownership documents are recorded in the public record at - Bureau of Conveyances in Honolulu The land classification containing the smallest amount of land state-wide is - Rural A division of land extending from the top of the mountain to the ocean is called - Ahupua'a A husband or wife may claim a 1/3 elective share of the other's estate at the decedent's death under what code? - ...

Real Estate U Final Exam Questions With 100% Verified Answers. Amy is looking to obtain a loan to purchase a new house. Her monthly mortgage payment (PITI) will be $3,650 per month. Amy's gross monthly income (her salary) is $12,000 per month. The lender requires a front-end ratio of no more than 32%. Will Amy qualify for a loan? - answerThe answer is Yes because Amy's front-end ratio equals $3,650 / $12,000 = 0.304 or 30%.In other words, Amy's total monthly housing expense equals 30% o...