Colibri practice test - Study guides, Class notes & Summaries

colibri real estate practice questions and answers 100% correct Which of the following would be an example of a licensee specializing in business type? - Answer- Jim specializes in clients who want to buy restaurants. Which of the following statements is not true? - Answer- A broker is not responsible for the acts of independent contractors. Which of these statements is true? - Answer- Salespersons must perform all of their activities on behalf of their employing broker. Which of the fol...

Colibri Practice Test question and answers rated A+ 2023 already passed3. In real estate, which of the following is correct about the term "title?" - correct answer Taxes and insurance are often prepaid at closing to establish the escrow account. On which page of the Closing Disclosure form will the buyer see an accounting of the escrow account set up? - correct answer Page two, under other costs On page two of the form, other costs are itemized for buyers and sellers. Taxes, prepaids, ...

Colibri Practice Test Questions With Complete Solutions.

Colibri Practice Test Questions and Answers Already Passed 3. In real estate, which of the following is correct about the term "title?" Taxes and insurance are often prepaid at closing to establish the escrow account. On which page of the Closing Disclosure form will the buyer see an accounting of the escrow account set up? Page two, under other costs On page two of the form, other costs are itemized for buyers and sellers. Taxes, prepaids, and initial escrow payment at closing - ...

COLIBRI PRACTICE TEST EXAM 2024/2025

Colibri Practice Test Questions And Answers 3. In real estate, which of the following is correct about the term "title?" Taxes and insurance are often prepaid at closing to establish the escrow account. On which page of the Closing Disclosure form will the buyer see an accounting of the escrow account set up? Page two, under other costs On page two of the form, other costs are itemized for buyers and sellers. Taxes, prepaids, and initial escrow payment at closing - usually two mon...

Colibri Practice Test Questions and Answers (Graded A).

Colibri Practice Test Questions and Answers (Graded A)

3. In real estate, which of the following is correct about the term "title?" Taxes and insurance are often prepaid at closing to establish the escrow account. On which page of the Closing Disclosure form will the buyer see an accounting of the escrow account set up? Page two, under other costs On page two of the form, other costs are itemized for buyers and sellers. Taxes, prepaids, and initial escrow payment at closing - usually two months' worth, are paid by the buyer and shown on pa...

Colibri Practice Test All Answers Rated A+ Real Estate Concepts Overview Title and Closing Disclosure - Title: Refers to the legal ownership of property. - Escrow Account on Closing Disclosure: The account is shown on Page 2 under "Other Costs," where taxes, prepaids, and initial escrow payments (usually two months) are itemized. Sales Price and Closing - Sales Price Reflection: The sales price is a debit to the buyer and a credit to the seller; the seller receives the price less adj...

Colibri Practice Test/ 100+ Questions & Answers/ . Terms like: Taxes and insurance are often prepaid at closing to establish the escrow account. On which page of the Closing Disclosure form will the buyer see an accounting of the escrow account set up-Answer Page two, under other costs On page two of the form, other costs are itemized for buyers and sellers. Taxes, prepaids, and initial escrow payment at closing - usually two months' worth, are paid by the buyer and shown on page 2. ...