Arizona School Of Real Estate And Business

A borrower is required to put 10% down for the purchase of a property. The 10% down would be considered: - Equity A borrower would obtain funds for an FHA loan from: - Primary market A broker acting as a property manager for an owner would consider his relationship to be: - Fiduciary A broker and an unlicensed buyer are looking at the same house. What must the broker disclose? - He can buy the property if he discloses that he has a license A broker does not disclose to the buyer that the ...

ACC 333 EXAM 1 COMPLETE REVIEW STUDY GUIDE 2024 principle-agent relationship - ANS-when an owner or someone responsible for an asset (principal) delegates the control of said asset to another party who has a greater knowledge base principal-agent problem - ANS-a problem caused by an agent pursuing his own interests rather than the interests of the principal who hired him agency costs - ANS-the sum of incentive costs, monitoring costs, enforcement costs, and individual financial losses i...

Matching Choose the correct answer from the list. Not all the answers will be used. A) phosphorylase a B) gluconeogenesis C) glucagon D) glucose-6-phosphatase E) cAMP F) biotin G) insulin H) glycogenolysis I) liver J) glucose-1-phosphate K) dolichol L) muscle 1. The breakdown of glycogen is referred to as ______. Ans: H Section: 16.1 Level of Difficulty: Easy Learning Objective: Glycogen Breakdown 2. Glucose can be synthesized from noncarbohydrate precursors by______. Ans: B ...

WGU C214 Financial Management Final Exam Study Guide

- Date and time of the request - Consumer's name and contact information - Applicable 10-digit phone number(s) A brokerage, as a telemarketer, must register with the National Do Not Call List (DNCL) but also maintain an internal do not call list. What should the internal do not call list contain? A minimum of 3 years How long must numbers recorded on the internal Do Not Call List be kept? If the person ... - Made an inquiry within the last six months - Purchased, leased or r...

What is a contract? A legally binding agreement between two or more persons, competent at law to enter into such agreement, for consideration or value, to do or refrain from doing something lawful. True or false? An oral contract for the acquisition or disposition of any interest in the land is enforceable. False. Any contract in real estate is required to be in writing. When drafting a contract, what does The Statute of Frauds require? - Must be in writing to be enforceable by ...

- Data sheet (accompanies the listing authority) - Warranty information for anything that has a transferable warranty - Municipal Property Assessment Corporation (MPAC) assessment - Verification of home owner's insurance - Statements and contracts for any rental equipment items - Supportive documents for any home improvements (for example, receipt for a new roof, Building Permit, if seller claimed that the new deck is done with permit) - Copy of municipal tax bill - Copy of...

- Zoning - the highest and best use should conform with the zoning, unless there is a probable and imminent prospect that the zoning will change or be amended to accommodate the highest or best use estimate not currently legal - Physical possibility of the proposed use in relation to factors such as the size or shape of the lot, soil condition, water drainage, etc. - The demand for the proposed use along with its economic and financial feasibility What are 3 key factors that an appraiser ...

A self-contained housing unit with one or more habitable rooms containing at minimum a kitchen, bathroom facilities and an exit from the building. Define a 'Dwelling Unit' - A duplex is under single ownership (under 1 title) ... the dwelling units can then be lived in or rented out - The 2 dwelling units in a semi-detached structure are each owned separately (under 2 titles) What is the difference between a semi-detached structure and a vertically divided duplex? The interest ...

If you are unable to address these areas satisfactorily, you may need to conduct a further review with a lawyer or other third-party experts. Note: You may be asked to provide the lawyer (or third-party experts) with a verbal or written summary of the issue to address separately with the client. If after reviewing a commercial agreement of purchase and sale, your client still has areas they don't understand, what should you do? Standard business hours rather than setting the time per...