Sponsor broker - Study guides, Class notes & Summaries

In Illinois, the real estate license law is administered by the...? - IDFPR (Bureau of Real Estate Professions) How are the nine members of the Real Estate Administration and Disciplinary Board Selected? - By the governor What is the name given to the Illinois license laws under which brokers and salespeople practice? - Real Estate License Act of 2000 After May 1, 2011, the new license categories are: - Managing Broker and Broker After April 30, 2012, as an alternative to passing the...

Real estate U Final Exam | Q&A Latest 2024/2025 | 100% PASS Article 12 A - Answer -NYS Real Estate Property Law (1) Protect the public (2) Salesperson at least 18 (3) broker at least 20 years . Sponsor - Answer -Broker that holds salesperson license Summary of Submission - Answer -Paper you get after registering for NYS test. Bring to tes with you Misedemanor - Answer -Crime with no more than 1 year prison or $1,000 fine Listing Agreement - Answer -Agreement between salesperson and pro...

REAL ESTATE U FINAL EXAM TEST BANK AND STUDY GUIDE | ALL EXAM VERSIONS 1 , 2 AND 3 | ACCURATE REAL EXAM QUESTIONS AND ANSWERS | RECENTLY TESTED | EXPERT VERIFIED | GUARANTEED PASS | GRADED A | LATEST UPDATE | 2023/2024 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 broke...

Leasing License Exam Questions With 100% Correct Answers What does the IDFPR stand for? - answerThe Illinois Department of Financial and Professional Regulation How can you get on the Real Estate Administration and Disciplinary Board? - answerBe appointed by the governor What does the Real Estate Research and Education Fund do? (Do not choose on test) - answerScholarships What does the Real Estate Administration Fund do? - answerPays the bills for the IDFPR What do the Peer Review Advis...

Leasing License Exam Questions With 100% Correct Answers What does the IDFPR stand for? - answerThe Illinois Department of Financial and Professional Regulation How can you get on the Real Estate Administration and Disciplinary Board? - answerBe appointed by the governor What does the Real Estate Research and Education Fund do? (Do not choose on test) - answerScholarships What does the Real Estate Administration Fund do? - answerPays the bills for the IDFPR What do the Peer Review Advis...

Leasing Agent Chapter 5: License Law and Agency Exam Questions and Answers 100% Solved Real estate licensees must: a. carry their real estate license in their wallet at all times. b. give their real estate license to their sponsoring broker, who will post it in a public place in the sponsor's office. c. post their real estate license on the wall in their home. d. mail their real estate license to the regulating agency, where it will be hung in the Director's office. - b. give thei...

BD acting in a principal capacity correct answers BD is the contra party to the trade (the BD is involved in the transaction as a buyer or seller) BD acting in an agency capacity correct answers BD puts the buyer and the seller together, earning a commission doing so BDs must always disclose what capacity they filled on the trade confirmation no later than the completion of the trade correct answers If acting as a broker, they disclose the amount of commission. Offering a proprietary pr...

FINRA: Correspondence Correspondence, which is defined as any written or electronic communication that is distributed or made available to 25 or fewer retail investors within any 30 calendar-day period. Can you purchase securities prior to registration? Settlement? Cannot purchase securities prior to registration (against Securities Act of 1933), but can purchase prior to settlement (when-issued) FINRA: Institutional communication Any written or electronic communication that is distributed...

Article 12 A NYS Real Estate Property Law (1) Protect the public (2) Salesperson at least 18 (3) broker at least 20 years . Sponsor Broker that holds salesperson license Summary of Submission Paper you get after registering for NYS test. Bring to tes with you Misedemanor Crime with no more than 1 year prison or $1,000 fine Listing Agreement Agreement between salesperson and property owner, allowing salesperson to provide services to the owner involving their porperty Pocket Ca...

REAL ESTATE U FINAL EXAM QUESTIONS AND VERIFIED ANSWERS 2024 GRADED A. 2 / 8 1. Article 12-A of the NYS Real Property Law: The section of the NewYork RealProperty 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 2. Sponsor: A licensed real estate broker that