Vendee Study guides, Class notes & Summaries

Commercial Real Estate SAE - Champion's School of Real Estate 495 Questions with Verified Answers Productivity Management - CORRECT ANSWER Measuring the results from the use of available systems and tools for prospecting activities CRM - CORRECT ANSWER Contact Relationship Manager, a tool used to automate prospecting tasks and manage leads Geographic farming - CORRECT ANSWER A particular area that may include neighborhoods that a sales agent or broker markets for the solicitation of bus...

condominium Severalty ownership of air rights combined with an undivided interest in the common areas of real estate would MOST LIKELY describe a on probation A licensee could be active in the real estate business if his/her license is Agent Kenzie has terminated her relationship with her broker. The broker has returned her license to the BREP. Agent Kenzie has thirty days to place her license in escrow or find another broker Disciplinary actions that can be taken by the ...

Administrator - A person appointed by the court to manage the estate of a deceased person who left no will. Affiant - The person who makes and subscribes his signature to an affidavit. Affidavit - a signed statement, duly sworn to, by the maker thereof, before a notary public or other officer authorized to administer oaths. The venue or county wherein it was sworn to should be accurately stated. [more.] Affirmation - A solemn declaration made by persons who conscientiously decline taking a...

Notary 2023 Practice Test Questions With All Correct Answers Acknowledgement - CORRECT ANSWERS declaration that is made before an official (notary) under the free act/deed he did execute the instrument Administrator - CORRECT ANSWERS admin of the state is appointed by the court that empowers him to manage affairs of the dead. What does the court do when a person dies without leaving a will - CORRECT ANSWERS The court ap...

Hawaii Real Estate Review Quiz 2 with 100% Correct Answers Under a net lease, a tenant is least likely to pay A) Taxes B) Utilities C) Insurance D) Mortgage amortization - Correct Answer ️️ -D) Mortgage amortization A recapture clause is usually used in what type of lease A) Net Lease B) Gross Lease C) Percentage Lease D) Business Lease - Correct Answer ️️ -C) Percentage Lease Under Hawaii's Land Use Code, land is classified into Urban, Agricultural, and Rural and A) Comme...

What is it called when a lender initiates a court process that will result in the public sale of real property. - Answer Foreclosure What is the legal term for a buyer? - Answer Vendee What is the name of the party being represented in an agency relation ship? - Answer Principal

All of the following include a real estate interest except: A. Apple trees B. Farm equipment C. Air rights D. Barns - B. Farm equipment An owner of a 90 acre parcel of land wishes to split the land without platting. Under the michigan land devision act, how many parcels may this owner get if he does not create any new roads? A. 12 B. 14 C. 10 D. 8 - A. 12 In estimating the value of a single-family home, an appraiser would most likely use which approach? A. Income B. Capitalization R...

Notary Final Exam Questions and Answers Graded A+ Total Commission fee for appointment of notary public $60 ($20 for filing oath of office - which goes to county clerk) and $40 for appointment (which goes to secretary of state) Change of name or Address $10 Duplicate Identification Card $10 Filing Certificate of official character $10 Issuance of Certificate of official character $5 Authentication Certificate $3 Oath or affirmation $2 Acknowledgment (each person) $2 ...

B) A periodic Tenancy C) Tenancy at will D) A tenancy at sufference - Correct Answer ️️ -A) tenancy for years A graduated lease can best be defined as a lease A) That includes an option to purchase B) In which there may be an increase or decrease in rent at a stated future time C) Under which the owner or landlord pays all ownership chareges such as taxes D) That is passed intact form one owner to the next owner under terms of contract - Correct Answer ️️ -B) In which there may b...

Pact de non Alienando - ANSWER-Clause contained in the mortgage or other encumbrance agreement whereby the obligor agrees not to sell, engage, alienate or mortgage the same property to other persons to the prejudice of the mortgage Corporate Resolution - ANSWER-An official written certificate of the corporations secretary that the resolution was adopted by the corporations board of directors Confession of Judgment - ANSWER-A person's agreement in a mortgage to the entry of judgment if he ...

NYREI Terms Exam Questions and Answers Accession - CORRECT ️️ Gives property owners the right to everything produced by their land Accessory Apartment - CORRECT ️️ an apartment within a single family dwelling Accord and Satisfaction - CORRECT ️️ an agreement to accept something different (usually less) from what the original contract required Accretion - CORRECT ️️ the gradual addition of land by the forces of nature actionable fraud - CORRECT ️️ fraud meeting certain...