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National Real Estate FINAL EXAM PREP 2025/2026 ACCURATE QUESTIONS WITH CORRECT DETAILED ANSWERS || 100% GUARANTEED PASS <RECENT VERSION> 1. Agent - ANSWER works for a client giving advice and with a customer giving information 2. Agency - ANSWER condition which legally exists when a principal contracts with an agent to perform on his behalf. 3. Universal agency - ANSWER authorizes an agent to handle matters of all types for the principal. Requires pow...

NATIONAL REAL ESTATE LATEST UPDATED 2025/2026 EXAM PRACTICE TEST EXAM QUESTIONS & COMPLETE VERIFIED ANSWERS 100% GRADED AT A+ 1. Olivia took out a 15-year loan secured with a deed of trust. She made her last payment this month. What happens now? - ANSWER The trustee grants a reconveyance deed to Olivia. 2. What does the Federal Trade Commission consider to be an unfair ad? - ANSWER Any ad or business practice that causes or is likely to cause injury is considered an unfair ad, acco...

Wisconsin real estate Preliminary test Exam Questions along with Certified Answers Latest updates 2024/2025 What type of mortgage law is recognized in Wisconsin? - correct answer lien theory According to the truth in lending act (tila), what should be disclosed to a borrower? - correct answer the annual percentage rate (apr) Acceptance occurs when all: - correct answer buyers and sellers have signed an identical copy of the offer What must a firm provide to its licensees? - cor...

Wisconsin real estate Indispensable Study Assessment Guide Exam Questions with all Questions Accurately Answered Updated 2024/2025 Fair housing laws do not apply to what type of properties: - correct answer commercial & industrial What are the 13 protected classes under fair housing laws? - correct answer race, color, religion, nationality origin, sex, familial status, disability, ancestry, age, sexual orientation, marital status, lawful source of income, victim of domestic violence / ...

Wisconsin real estate Training Exam Questions and Approved Performance Metrics 2024/2025 When a firm represents either the buyer or the seller, but never both in the same transaction - correct answer single agency Can a client withdraw consent to multiple representation? If so, when? - correct answer yes, at any time The buyer and seller are both clients of the same firm; the firm and all agents associated with the firm must remain neutral in the transaction; no agent can say or do ...

Wisconsin Real estate sales Home Study Thorough Review and Complete Answers Ace your first Attempt Updated 2024/2025 Who are the parties to the listing contract? - correct answer seller and broker firm How long is the listing period extended for protected buyers in the wb-1 residential listing contract extension of listing provision? - correct answer 1 year (line 61) How many days does a broker have to deliver to the seller the list of protected buyers? - correct answer 3 days (li...

Texas National real estate Study Assessment Guide Exam Questions with all Questions Accurately Answered Updated 2024/2025 (multiple choice) A property manager is hired and signs a management agreement with the owner. At this time, the property manager is: A. A special agent B. A universal agent C. A general agent D. A limited agent - correct answer c A buyer and seller have negotiated a contract on the seller's property with a closing set for june 14th, time is of the essence. On ...

National Texas real estate Exam Preparation Questions and Assured Success Solutions Newly updates 2024/2025 Market or sales comparison approach - correct answer comparisons with known sales in the same area Income approach - correct answer property value = net operating income / capitalization rate (rate of return) Cost approach - correct answer value = land value + building replacement cost - depreciation -example: an appraiser has been asked to determine the market value of a h...

Tennessee national portion real estate Essential Test Toolkit Exam Questions and Approved with Distinction Marking Scheme Latest 2024/2025 A corporation is - correct answer a legal entity that can buy and sell real estate as set out in its charter. Ownership in severalty is - correct answer property owned by one individual or corporation. A house is owned by three joint tenants, and one of the owners, as permitted by state law, sells that interest to a new owner. The result is a - correct a...

Real estate - national ownership Assessment Exam Questions and verified and correct Marking Scheme, Newest Guaranteed 2024/2025 Plumbing fixtures in a building have a minimum and maximum pressure requirement that is dictated by 1 - the plumbing contractor. 2 - the water company. 3 - the building code. 4 - zoning. - correct answer 3 - the building code The primary agents of private land use control are 1 - courts by means of police power. 2 - property owners by means of zoning ordin...