In regards to rebates - Study guides, Class notes & Summaries

When terminating the sponsorship of a salesperson, the broker must A) notify the salesperson in writing of the termination and immediately return the salesperson's license to the Texas Real Estate Commission. B) return the salesperson's license, along with a letter of termination, to the Real Estate Commission. C) do nothing as the salesperson is responsible for notifying the Real Estate Commission of the change. D) give the salesperson an official letter of termination that the salesperso...

Property and casualty insurance Exam Questions and Answers Updated Nov 2022. A banker is ready to close on a customer's loan. The bank is prepared to offer the loan but only if the customer purchases a life insurance policy from the bank in the amount of the loan. This is an example of A builder's risk form is most often written as which of the following? A building is insured, but no one has lived or worked in it for 10 years. The building is completely empty of any furniture or perso...

A) Notify the salesperson in writing of the termination and immediately return the salesperson's license to the Texas Real Estate Commission. - ANSWER When terminating the sponsorship of a salesperson, the broker must A) notify the salesperson in writing of the termination and immediately return the salesperson's license to the Texas Real Estate Commission. B) return the salesperson's license, along with a letter of termination, to the Real Estate Commission. C) do nothing as the salespers...

OLERE EXAM 2023 QUESTIONS AND CORRECT ANSWERS (VERIFIED ANSWERS) What is the fee for replacing a lost, destroyed, etc. license? - ANSWER- $25 What is the fee for the license examination? - ANSWER- $100 What is the fee for the LPC licensure application? - ANSWER- $145 What is the cost of the specialty designation fee? - ANSWER- $50 What is the cost of the annual renewal fee? - ANSWER- $80 What is the cost of the specialty designation renewal fee? - ANSWER- $20 What is the cost of the s...

OLERE EXAM 2023 QUESTIONS AND CORRECT ANSWERS (VERIFIED ANSWERS) What is the fee for replacing a lost, destroyed, etc. license? - ANSWER- $25 What is the fee for the license examination? - ANSWER- $100 What is the fee for the LPC licensure application? - ANSWER- $145 What is the cost of the specialty designation fee? - ANSWER- $50 What is the cost of the annual renewal fee? - ANSWER- $80 What is the cost of the specialty designation renewal fee? - ANSWER- $20 What is the cost of the s...

OLERE EXAM 2023 QUESTIONS AND CORRECT ANSWERS (VERIFIED ANSWERS) What is the fee for replacing a lost, destroyed, etc. license? - ANSWER- $25 What is the fee for the license examination? - ANSWER- $100 What is the fee for the LPC licensure application? - ANSWER- $145 What is the cost of the specialty designation fee? - ANSWER- $50 What is the cost of the annual renewal fee? - ANSWER- $80 What is the cost of the specialty designation renewal fee? - ANSWER- $20 What is the cost of the s...

Which of the following are the authorities that an agent can hold? - Answer Express and implied Which of the following terms refers to such disabilities the loss of a limb, hearing , or eye sight? - Answer Permanent partial disability Who is NOT considered an employee in an commercial general liability (CGL) policy? - Answer Temporary worker The major portion of the premium of an equipment breakdown policy pays? - Answer For inspections and examinations An insured owns a building val...

Which of the following are the authorities that an agent can hold? Express and implied Which of the following terms refers to such disabilities the loss of a limb, hearing , or eye sight? Permanent partial disability Who is NOT considered an employee in an commercial general liability (CGL) policy? Temporary worker The major portion of the premium of an equipment breakdown policy pays? For inspections and examinations An insured owns a building valued at $400,000. To comply with the 80% ...

OLERE EXAM 2023 QUESTIONS AND CORRECT ANSWERS (VERIFIED ANSWERS) What is the fee for replacing a lost, destroyed, etc. license? - ANSWER- $25 What is the fee for the license examination? - ANSWER- $100 What is the fee for the LPC licensure application? - ANSWER- $145 What is the cost of the specialty designation fee? - ANSWER- $50 What is the cost of the annual renewal fee? - ANSWER- $80 What is the cost of the specialty designation renewal fee? - ANSWER- $20 What is the co...

Florida Claims Adjuster Actual Exam 100% Correct Answers (Passed and Licensed) Updated 2023 Best Revision Material Severability -------- Correct Answer -------- Insurance applies separately to each insured as if other insureds did not exist. Abandonment -------- Correct Answer -------- Property insurance policies usually contain a(n) __________ clause, *stating the insured cannot dump damaged property on the insurer and demand its full value.* Insurable Interest -------- Correct...