The seller found a buyer Study guides, Class notes & Summaries
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![PSI National Exam for Real Estate Test Bank with complete solutions | Latest 2023/2024](/docpics/3336569/64ef0bbb567cd_3336569_121_171.jpeg)
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PSI National Exam for Real Estate Test Bank with complete solutions | Latest 2023/2024
- Exam (elaborations) • 38 pages • 2023
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PSI National Exam for Real Estate Test Bank with complete solutions | Latest 2023/2024 
A written agreement in which a purchaser agrees to buy and a seller agrees to sell is 
called ️ a contract 
Antitrust laws prohibit competing brokers from all of the following ️ 1. boycotting 
other brokers in the marketplace. 
2. dividing the market to restrict competition. 
3. agreeing to set sales commissions and management rates. 
When a sewer line is installed down a rural road, the cost will probabl...
![Colibri Real Estate (Real Estate Express) Final Exam Review 2023-2024 (UPDATED) Fully Solved Assured A+.](/docpics/3856310/6557b52bc69d8_3856310_121_171.jpeg)
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Colibri Real Estate (Real Estate Express) Final Exam Review 2023-2024 (UPDATED) Fully Solved Assured A+.
- Exam (elaborations) • 68 pages • 2023 Popular
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Colibri Real Estate (Real Estate Express) Final Exam Review (UPDATED) Fully Solved Assured A+. 
Broker Jane has been accused of a law violation regarding commissions. Which of the 
following might result in her being found guilty? 
A) Jane paid a commission to her licensed personal assistant. 
B) Jane paid a commission to the wife of one of her licensees who was recently killed in an 
auto accident. The deceased licensee had earned the commission prior to his death. 
C) Jane paid a commission p...
![Texas Promulgated Contracts-CHAMPIONS Exam 2022-2023.](/docpics/63ed3732877f0_2374787.jpg)
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Texas Promulgated Contracts-CHAMPIONS Exam 2022-2023.
- Exam (elaborations) • 25 pages • 2023
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Texas Promulgated Contracts-CHAMPIONS STUDY 2022-2023. 
The elements of a valid contract are, competent parties, consideration, legal subject matter, in writing, and ___________. 
 
(a) Default 
 
(b) Mutual consent 
 
(c) Property condition 
 
(d) Recording 
 
A(n) __________________ contract is defined as a contract that is binding on the parties, with one or more of the parties having contractual duties that have not yet been performed. 
 
(a) Executory 
 
(b) Executed 
 
(c) Bilatera...
![NJ real estate exam questions and answers 100% pass](/docpics/2788875/646bd79b415bc_2788875_121_171.jpeg)
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NJ real estate exam questions and answers 100% pass
- Exam (elaborations) • 40 pages • 2023
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NJ real estate exam questions and answers 100% pass 
Which of the following is a permitted free offering? o- 
A. A complimentary home warranty with every listing 
B. A coupon for a discounted commission on listing services 
C. A free dinner for attendees at a homebuyers' evening seminar D. Free use of a local moving van for all listings C. A Free dinner for attendees at a homebuyers' evening seminar 
Depreciation usually applies to . 
A. the building only. 
B. the land only. 
C. both the land ...
![Missouri Real Estate Exam Questions and Answers 100% Pass](/docpics/2906807/648b7a36e2c7f_2906807_121_171.jpeg)
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Missouri Real Estate Exam Questions and Answers 100% Pass
- Exam (elaborations) • 26 pages • 2023
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Missouri Real Estate Exam Questions and Answers 100% Pass 
The MREC requires the brokers for the buyer and seller to retain legible copies of both buyer's and seller's signed closing statements 3 years 
By what title is Chapter 339 of the Missouri State Statutes also known? The license law 
If the buyer and seller are represented by different brokers, it is the responsibility of ________ to deliver, or cause to have delivered, the closing statements. listing broker 
Broker Kelley took a listin...
![LJU4804 PORTFOLIO MEMO - MAY/JUNE 2023 - SEMESTER 1 - UNISA (DETAILED MEMO WITH FOOTNOTES- DISTINCTION GUARANTEED!)](/docpics/2758917/6523ddb1abf29_2758917_121_171.jpeg)
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LJU4804 PORTFOLIO MEMO - MAY/JUNE 2023 - SEMESTER 1 - UNISA (DETAILED MEMO WITH FOOTNOTES- DISTINCTION GUARANTEED!)
- Exam (elaborations) • 42 pages • 2023
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LJU4804 PORTFOLIO MEMO - MAY/JUNE 2023 - SEMESTER 1 - UNISA (DETAILED MEMO WITH FOOTNOTES- DISTINCTION GUARANTEED!) 
 
QUESTION 1 
Instructions: Read the set of facts and answer the questions that follow. 
Mr John Wick married Mrs Mary Wick in April 2003 while on vacation in Bridgetown, Barbados. At the time of entering into the marriage, John and Mary Wick were both domiciled in New York (United States of America), but were Irish citizens. A year prior to this marriage to Mary, John Wick obtain...
![CPCM exam 2023 with 100% correct answers](/docpics/3051821/64adfcbe4ba60_3051821_121_171.jpeg)
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CPCM exam 2023 with 100% correct answers
- Exam (elaborations) • 46 pages • 2023
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Competitive negotiation 
A method of contracting involving a RFP that states: 
-The buyer's requirements and criteria for evaluation 
-Submission of timely proposals by a maximum number of offerors 
-discussion with those offerors found to be within the competitive range 
-award of a contract to the one offeror whose offer, price and other consideration factors are most advantageous to the buyer 
 
 
 
R&D Contract 
A contract for basic research applied research, or development 
 
 
 
SBIR 
Smal...
![California Real Estate Exam: Questions & Answers Latest Update 2023/2024 100% Verified](/docpics/3539295/651a67e408f96_3539295_121_171.jpeg)
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California Real Estate Exam: Questions & Answers Latest Update 2023/2024 100% Verified
- Exam (elaborations) • 48 pages • 2023
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California Real Estate Exam: Questions & Answers Latest Update 2023/2024 100% Verified. Reed vs. King Case 
(Ans- Must disclose death (and manner of death) on a property if occurs 
within 3 years, except AIDS 
Jones vs. Mayer Supreme Court Decision (1968) 
(Ans- Racial discrimination not allowed (whether selling or buying) in all 
PRIVATE property transactions (based on Civil Rights Act of 1968) 
Easton vs Strassburgar 
(Ans- Seller disclosures to third parties AND agent visual inspection of all...
![COLORADO EXAM REAL ESTATE STATE PORTION QUESTIONS AND ANSWERS, GRADED A+/ VERIFIED.| latest update 2024/25|](/docpics/5156572/66316ba019e84_5156572_121_171.jpeg)
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COLORADO EXAM REAL ESTATE STATE PORTION QUESTIONS AND ANSWERS, GRADED A+/ VERIFIED.| latest update 2024/25|
- Exam (elaborations) • 14 pages • 2024
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COLORADO EXAM REAL ESTATE STATE PORTION QUESTIONS 
AND ANSWERS, GRADED A+/ VERIFIED. 
When must earnest money be deposited? 
Not later than the third business day after notice to buyer of acceptance. 
When a real estate broker is preparing a contract for the sale of real estate in respect of when a building 
permit was issued prior to January 1, 1978, the agreement will be: 
Void unless a completed Lead-Based Paint Disclosure is completed and signed by both the licensees to the 
transaction a...
![PSI REAL ESTATE SALESPERSON PRACTICE EXAM CORRECT 100%](/docpics/3964231/656ec19f5b529_3964231_121_171.jpeg)
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PSI REAL ESTATE SALESPERSON PRACTICE EXAM CORRECT 100%
- Exam (elaborations) • 16 pages • 2023
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A couple listed their home with a broker. After 2 months, the seller found a buyer, and the sale closed. The seller was not obligated to pay a commission to the broker. This listing was MOST likely 
 
1. an exclusive agency listing. 
2. an exclusive right to sell listing. 
3. a net listing. 
4. an advance fee listing. - ANSWER an exclusive agency listing 
 
What critical aspect of the property inspection process MUST licensees convey to prospective buyers? 
1. Difficulty of finding competent ins...
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