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PSI NATIONAL EXAMS BUNDLE:::: QUESTIONS AND CORRECT ANSWERS | LATEST UPDATE 2024/2025

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PSI NATIONAL EXAMS BUNDLE:::: QUESTIONS AND CORRECT ANSWERS | LATEST UPDATE 2024/2025

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PSI national questions from Exam with Correct Answers | Latest Update 2024/2025 | 100% PASS

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PSI national questions from Exam with Correct Answers | Latest Update 2024/2025 | 100% PASS The broker received a birthday check from one of his clients. The broker decided to put it in the escrow account because it was from a client. This is considered: - Answer -A.) Conversion B.) Commingling C.) Acceptable if the check was written on the client's business account D.) Acceptable if the client has had a transaction within the last 18 months B.) Commingling Which of the following ...

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PSI National Test Questions and Correct Answers | Latest Update 2024/2025

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PSI National Test Questions and Correct Answers | Latest Update 2024/2025 What's the major difference between freehold estate and leasehold estate? A. Have an ownership interest B. Terminate upon the death of the person on whose life they are based C. Are estates of inheritance D. Are estates for a fixed term - Answer -A. Have an ownership interest What deed provide at LEAST protection 1 general warranty deed 2 quick claim deed 3 special warranty deed 4 bargain and sale deed - An...

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National PSI Broker Exam Post test | Questions and Correct Answers | Latest Update 2024/2025 | Graded A+

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National PSI Broker Exam Post test | Questions and Correct Answers | Latest Update 2024/2025 | Graded A+ In the appraisal process, the capitalization rate is used by an appraiser to determine which type of value? A) Future value of any type of property B) Past value of a unique and income-producing property C) Present value of an income-producing property D) Probable value of residential property - Answer -C)The answer is present value of an income-producing property. The capitaliz...

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PSI NATIONAL REAL ESTATE QUESTIONS AND CORRECT ANSWERS | LATEST UPDATE 2024/2025

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PSI NATIONAL REAL ESTATE QUESTIONS AND CORRECT ANSWERS | LATEST UPDATE 2024/2025 A legal description in land that includes language like "the old oak tree" or "the big rock" would be - Answer -Metes and bounds As a licensee is showing a property contiguous to a lake, the licensee notices that the lake has a large amount of algae. The buyer wishes to make an offer. What should the licensee do? - Answer -Encourage the buyer to have an authoritative party investigate the algae ...

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PSI National Exam for Real Estate | Questions and Correct Answers | Latest Update 2024/2025 | 100% PASS

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PSI National Exam for Real Estate | Questions and Correct Answers | Latest Update 2024/2025 | 100% PASS A written agreement in which a purchaser agrees to buy and a seller agrees to sell is called - Answer -a contract Antitrust laws prohibit competing brokers from all of the following - Answer -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 r...

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National PSI EXAM PRACTICE TEST | CORRECTLY ANSWERED | QUESTIONS AND CORRECT ANSWERS | 2024/2025 UPDATE

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National PSI EXAM PRACTICE TEST | CORRECTLY ANSWERED | QUESTIONS AND CORRECT ANSWERS | 2024/2025 UPDATE Real Estate law governing advertising applies to all of these EXCEPT: A. In house notes for showing B. Multiple listing service (MLS) C. communications with consumers D. Social Media - Answer -A. In-house notes for showing are not seen by consumers an so do not have to follow state or federal laws. A couple accompanies a property inspector during an inspection of a house on which th...

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National PSI Broker Exam prep Questions and Verified Answers | Latest Update 2024/2025

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National PSI Broker Exam prep Questions and Verified Answers | Latest Update 2024/2025 A broker is completing a CMA to determine the potential listing price of a seller's home. Which of the following is NOT part of the final CMA given to the seller? A) Highest and best use evaluation B) Comparable sales analysis C) Adjustments to past sales D) Pictures of comparables - Answer -A) The answer is highest and best use evaluation. An appraiser does a highest and best use evaluation,...

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Tennessee Real Estate (State Exam) | Questions and Correct Answers | Latest Update 2024/2025 | 100% PASS

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Tennessee Real Estate (State Exam) | Questions and Correct Answers | Latest Update 2024/2025 | 100% PASS Regulatory Powers - Answer -Enable the agency to pass specific regulations and rules to support the administration of the license law Judicial Powers - Answer -Enable it to conduct hearings and investigations into the activities of licensees and to rule on license suspensions or revocations Administrative Powers - Answer -Enable it to establish the staff organization, records, and f...

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PSI REAL ESTATE TN BUNDLED EXAMS | QUESTIONS AND CORRECT ANSWERS | LATEST UPDATE 2024/2025

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PSI REAL ESTATE TN BUNDLED EXAMS | QUESTIONS AND CORRECT ANSWERS | LATEST UPDATE 2024/2025

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