Residential occupancy Study guides, Class notes & Summaries

Michigan Residential Builder's License Test Bank|1190 Questions and Answers, 100% Correct| A+ Rated Solution Guide| Latest What is the 1st offense penalty for engaging in the practice of residential building without a license? Not less than $5K and not more than $25K and/or 1 year What is the penalty for engaging in the practice of residential building, resulting in a death? Not less than $5K and not more than $50K and/or 4 years On your individual builder's license application, what...

Champion School of Real Estate Latest Update 100% Pass Brokerage The aspect of the real estate business that pertains to overseeing the needs of the parties and completing a transaction Property Managers are generally responsible for the following Day to Day operations, Maintenance and Tenant Relations RMLO Mortgage Brokers are known as NAR The largest trade organization representing real estate professionals is Value A fair return or equivalent in goods, services, or money f...

M-100 EXAM 2024 QUESTIONS WITH COMPLETE SOLUTIONS PASSED AND VERIFIED Community Association - ANSWER a legal entity in which the owners enjoy the PROTECTION, ENHANCEMENT, MAINTENANCE and PRESERVATION of their homes and property. 3 Defining Characteristics of a Community Association - ANSWER 1. Membership in the community is MANDATORY and automatic for all owners. 2. Certain association governing documents bind the owners and the association to each other through mandated actions...

M100 WITH COMPLETE SOLUTIONS 100% Community Association a legal entity in which the owners enjoy the PROTECTION, ENHANCEMENT, MAINTENANCE and PRESERVATION of their homes and property. 3 Defining Characteristics of a Community Association 1. Membership in the community is MANDATORY and automatic for all owners. 2. Certain association governing documents bind the owners and the association to each other through mandated actions. 3. Mandatory lien-based assessments (maintenance fees) are ...

Michigan Builders License Exam Study Guide| Complete Questions and Answers, 100% Verified| A+ Rated| Latest What is the first offense penalty for engaging in the practice of residential building without a license? Not less than $5,000 and not more than $25,000 and/or one year in prison. Subsequent violations can extend the prison time to up to 2 years. What is the penalty for engaging in the practice of residential builders license, resulting in a death? Not less than $5,000 and not m...

CAI-M-100 Community Association Management Exam Q&A 100% Verified Community Association - CORRECT ANSWER-legal entity in which the owners enjoy the protection, enhancement, maintenance and preservation of their homes and property. What're the three defining characteristics of community associations? - CORRECT ANSWER-1. Membership in the community association is mandatory and automatic for all owners 2. Certain association governing documents bind the owner and the association to ea...

Michigan Builders License - All questions for the 60 Course (Answered 100% Correctly) Latest A layer of new wood on a tree just under the bark is called __________. · Xylem · Sap · Cambium · Phloem Cambium The Department and the __________ may remove a limitation. Hearing Examiner Director Board Commission Board A salesperson shall turn over money for a sale to their licensed builder Immediately Within 10 days Within 48 hours Anytime Immediately A newly constructed buildi...

What is the first offense penalty for engaging in the practice of residential building without a license? Not less than $5,000 and not more than $25,000 and/or one year in prison. Subsequent violations can extend the prison time to up to 2 years. What is the penalty for engaging in the practice of residential builders license, resulting in a death? Not less than $5,000 and not more than $25,000 and/or four years in prison On your individual builder's license application, what should you wr...

Michigan Residential Builder's License 1179 Questions with Complete Solutions What is a quick asset ratio? - Correct Answers 1 to 1 Under the carpentry section of the test, what does a "span table" tell us? - Correct Answers What species and what grade of lumbar a floor joist has to be to span a certain distance Which topics will be covered on the Practice & Trade portion of the exam? - Correct Answers -Carpentry -Roofing -Insulation Where does the most fraud occur? - Correct Answ...

Michigan Builders License - All questions for the 60 Course Questions and Correct Answers A layer of new wood on a tree just under the bark is called __________. · Xylem · Sap · Cambium · Phloem - CORRECT ANSWER-Cambium The Department and the __________ may remove a limitation. Hearing Examiner Director Board Commission - CORRECT ANSWER-Board A salesperson shall turn over money for a sale to their licensed builder Immediately Within 10 days Within 48 hours Anytime - CORREC...