Real estate kansas state - Study guides, Class notes & Summaries

Real estate Kansas State Portion Questions and Answers 100% CorrectReal estate Kansas State Portion Questions and Answers 100% CorrectReal estate Kansas State Portion Questions and Answers 100% CorrectReal estate Kansas State Portion Questions and Answers 100% Correct Who is required to have a license? - ANSWER-anyone who receives compensation for direct involvement in the process of buying, selling, or exchanging real estate (other than their own) NOTE: Kansas does not require a license to ...

Who is required to have a license? - ANSWER-anyone who receives compensation for direct involvement in the process of buying, selling, or exchanging real estate (other than their own) NOTE: Kansas does not require a license to do residential rental Real estate includes... - ANSWER--freehold estates -non-freehold estate (leasehold) People exempt from licensing requirements... - ANSWER--Owner dealing with their own property -someone acting under power of attorney -Person acting u...

Kansas Practices Course Graded A+ What does KREC stand for? Kansas Recreation Exercise Committee Kansas Real Estate Commission Kansas Responsible Education Committee Kansas Royals Exploratory Committee Kansas Real Estate Commission When should the Brokerage Relationships Brochure be presented? At the sale closing Before a property is shown At the first practical opportunity The prospect must download the brochure themselves At the first practical opportunity What is the mos...

The Statement of Representation should hang prominently in the brokerage firm be included in every Real Estate Relationships Brochure not be included on personalized brochures be included on all paperwork submitted to KREC - Answer- be included in every Real Estate Relationships Brochure The Transaction Broker represents... the brokerage firm the state of Kansas neither the buyer or the seller the real estate agent - Answer- neither the buyer or the seller Customized brochures must...

The Kansas Real Estate Commission is made up of the following: 6 members 5 members elected by the public 5 brokers 5 members appointed by the governor - correct answer5 members appointed by the governor Which of the following duties does the KREC director NOT have?Certifying records to the courts Calling a meeting if two or more commissioners request it Voting at the commission meetings Keeping records of the meetings - correct answerVoting at the commission meetings The rules and r...

Principles of Real Estate Graded A+ The certificate you will receive upon completing the Principles of Real Estate is valid for 12 months ️True The practice course should be taken before taking the licensing exam at the testing center. ️False- Even though the Practice Course can be taken prior to the licensing exam, it is not related to the licensing exam, and it is best to take it after passing the licensing exam, not before. If someone took the licensing exam on March 1st, onl...

Principles of Real Estate - Kansas State Portion - KAR Study Guide with Complete SolutionsPrinciples of Real Estate - Kansas State Portion - KAR Study Guide with Complete SolutionsPrinciples of Real Estate - Kansas State Portion - KAR Study Guide with Complete SolutionsPrinciples of Real Estate - Kansas State Portion - KAR Study Guide with Complete Solutions Kansas Association of Realtors KAR - ANSWER-professional trade association that provides a wide variety of programs and services Kans...

Kansas Salesperson All Answers Correct An appraiser, in appraising a residential property, notices that there has been an increase in sales of houses in the area. Which valuation approach would be best for the appraiser to use in estimating the value of the resident property? A. Gross Rent Multiplier B. Direct Sales Comparison ( market data approach) C. Cost D.Income B. Direct Sales Comparison (Market Data Approach) An appraiser should lend most validity to the market data appro...

The Statement of Representation should A. hang prominently in the brokerage firm B. be included in every Real Estate Relationships Brochure C. not be included on personalized brochures D. be included on all paperwork submitted to KREC - correct answerD The Transaction Broker represents... A. the brokerage firm B. the state of Kansas C. neither the buyer or the seller D. the real estate agent - correct answerC Customized brochures must contain the elements of? A. The Statement of R...

Real Estate Kansas Portion Questions and Answers 100% CorrectReal Estate Kansas Portion Questions and Answers 100% CorrectReal Estate Kansas Portion Questions and Answers 100% CorrectReal Estate Kansas Portion Questions and Answers 100% Correct Activities requiring a license - ANSWER-Compensation to do 1) Sell 2) Purchase 3) Lease COMMERCIAL property 4) Auction OR assist by procuring bids Activity NOT requiring a license in Kansas - ANSWER-Residential leasing OR 1) FSBO 2) Attorney per...