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AYPO Real Estate Promulgated contracts actual Questions and Answers 100% Correct

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"Psychological stigmas," which involve violent or catastrophic events on a property, fall under which category of disclosure? a. Required disclosures b. Prohibited disclosures c. Permitted disclosures d. None of thesec. Permitted disclosures If there is a field in a promulgated form for which you have no information to include, your safest option is which of the following? a. Run a line through it b. Place "N/A" (not applicable) so it is clear that the buyer/buyer's agent is aware ...

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AYPO Law of Agency Questions and Answers 100% Correct

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The Original Legislation:The Real Estate Dealers Act of 1939 main piece of Texas law governing the licensing and behavior of real estate professionals in the state.The Real Estate License Act (TRELA) Licensing Duties were added in:1955 Broker license was changed from 2 years in the 36 month before the application to:4 Years in the 60 months before application TREC is the agency in charge of overseeing the licensing and professional activities of:-Real estate brokers -Real estate sales ag...

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AYPO Real Estate Principles of Real Estate I Exam Study Guide Questions and Answers 100% Correct

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TREC has the authority under TRELA to suspend or even revoke a broker's license if:They conduct the unlawful practice of law ESAC stands for:Education Standards Advisory Committee What refers to a location from an economic rather than a geographic standpoint?Situs. Which amendment guarantees that a citizen will not be deprived of property without due process of law?5th Amendment. The CFPB is the:Consumer Financial Protection Bureau A professional organization or association is usually a ...

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AYPO Real Estate Principles of Real Estate II Exam Study Guide Questions and Answers 100% Correct

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If the base side of a triangular plot measures 45' and the height line measures 12', what is the area of the plot in square feet?([b x h] x ½ = A)270 square feet An applicant is allowed to use what electronic devices during the real estate exam?Handheld calculator Convert the following fraction to a decimal for ease of computation: 31/251.24 What is the general formula to determine Capital Gain?Profit from Sale - Base Value = Capital Gain A property owner borrows $490,000 at a 12% inter...

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AYPO Real Estate Law of Contracts Final Exam Review Questions and Answers 100% Correct

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Forms published and promoted by the TREC for use in the Texas real estate profession are referred to as:Promulgated forms The Texas Real Estate Commission (TREC) is a ___-member commission appointed by the governor with the advice and consent of the senate for overlapping ___-year terms.9, 6 Contract law presents a particularly high risk of the unauthorized practice of law when a licensee chooses to do which of the following?Create their own contract forms. The Broker-Lawyer Committee:Draf...

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AAPC CPB Chapter 1-5 Questions and Answers 100% Correct

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Eight standard transactions were adopted for Electronic Data Interchange (EDI) under HIPAA. Which of the following is NOT included as a standard transaction? a. Payment and remittance advice b. Eligibility in a health plan c. Coordination of benefits d. Physician unique identifier numberd. Physician unique identifier number A physician received office space at a reduced rate for referring patients to the hospital's outpatient physical therapy center. What Law does this violate? a. Anti-K...

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AAPC CPB Practice Exam Questions and Answers 100% Correct

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Joe and Mary are a married couple and both carry insurance from their employers. Joe was born on February 23, 1977 and Mary was born on April 4, 1974. Using the birthday rule, who carries the primary insurance for their children for billing? A. Joe, because he is the male head of the household. B. Mary, because her date of birth is the 4th and Joe's date of birth is the 23rd. C. Mary, because her birth year is before Joe's birth year. D. Joe, because his birth month and day are before Ma...

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AAPC CPB Final Questions and Answers 100% Correct

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Health plan, clearinghouses, and any entity transmitting health information is considered by the Privacy Rule to be a:covered entity Which of the following is not a covered entity in the Privacy Rulehealthcare consulting firm A request for medical records is received for a specific date of service from patient's insurance company with regards to a submitted claim. No authorization for release of information is provided. What action should be taken?release reqt to ins co How many national ...

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AAPC CPB - Practice Exam B Questions and Answers 100% Correct

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What is the term for the total amount of covered medical expenses a policyholder must pay each year out-of-pocket before the health insurance company begins to pay any benefits? A. Copayment B. Deductible C. Secondary Payment D. CoinsuranceB. Deductible Which type of insurance covers physicians and other healthcare professionals for liability as to claims arising from patient treatment? A. Business liability B. Bonding C. Medical malpractice D. Workers' compensationC. Medical malprac...

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AAPC CPB - Chapter 9 Review Questions and Answers 100% Correct

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A ______ indicates the location or type of service provided for an inpatient and is reported with _______. a. Revenue code; four-digit code b. Revenue code; three-digit code c. CPT code; five-digit code d. MSDRG code; three-digit codea. Revenue code; four-digit code Which of the following documentation is NOT needed for an audit? a. Encounter form b. Medical record c. Explanation of Benefits d. CMS-1500 claim formc. Explanation of Benefits A clearinghouse is an entity that provides wh...

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