Buyer - Samenvattingen, Aantekeningen en Examens
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Rockwell Exam 4 Questions and Answers 100% Verified
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Rockwell Exam 4 Questions and Answers 100% VerifiedRockwell Exam 4 Questions and Answers 100% VerifiedRockwell Exam 4 Questions and Answers 100% Verified 
Once a contract for deed is signed by the parties, the buyer immediately receives: 
 
A. a life estate 
B. legal title 
C. equitable title 
D. the right to lease the property - ANSWER-C. equitable title 
 
A buyer receives equitable title to the property once the land contract has been signed 
 
A real estate broker represents the seller in a ...
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Florida Real Estate 45 Hour Post License Practice Correct 100%
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To clearly create standards of behavior within a company, which of the following would be a good idea? - ANSWER 1) [CORRECT ANSWER] Create company manuals. 
2) Provide mandatory ethics training. 
3) Set up anonymous reporting system of other employee's bad behavior. 
4) All of the above. 
 
A condo management company can put a lien against property and force foreclosure when an owner does/does not do what? - ANSWER 1) Doesn't pay their property taxes on time 
2) [CORRECT ANSWER] Doesn't pay t...
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Post Licensing 301 North Carolina Study Questions | 100% Correct Answers | Verified | Latest Update 2024
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When must a seller's agent or subagent initially disclose agency status to a buyer? - before buyer and 
buyer's agent discuss motivation and financial information 
seller's subagent - no written or oral buyer agency 
OLDCAR - obedience 
loyalty 
disclosure 
confidentiality 
accounting 
reasonable care 
In dual agency, the agent's duties are _____ to being a facilitator - reduced 
What statement would require full disclosure of all financing terms in compliance with TILA, Reg Z and 
RESPA - a...
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LJU4804 OCTOBER NOVEMBER PORTFOLIO (DETAILED ANSWERS) Semester 2 2024 - DISTINCTION GUARANTEED
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LJU4804 OCTOBER NOVEMBER PORTFOLIO (DETAILED ANSWERS) Semester 2 2024 - DISTINCTION GUARANTEED - DISTINCTION GUARANTEED - DISTINCTION GUARANTEED Answers, guidelines, workings and references..... QUESTION 1 
Instructions: Read the set of facts below and answer the questions that follow. 
LJU4804 OCT NOV 2024 
3 
John and Mary Smith got married in Hawaii in December 1983. At that time, they were British citizens and Mary was domiciled in London, while John was working in New York on a two-year fix...
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Florida Real Estate Exam Questions With Solutions Latest Updated 2023-2024 Rated 100%
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Florida Real Estate Exam Questions With Solutions Latest Updated Rated 100%. In which form of co-ownership is a person's ownership inheritable? a. Joint tenancy 
b. Tenancy by the entirety 
c. Tenancy in common 
d. Tenancy in severalty 
c. Tenancy in common allows for a persons share to be inheritable, it does not automatically pass 
forth to the rest of the owners like in joint tenancy (this is called the right of survivorship). 
Florida Real Estate Exam Questions With 
Complete Solutions Lat...
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TEXAS PRINCIPLES 1 EXAM - CHAMPIONS SCHOOL OF REAL ESTATE | QUESTIONS & ANSWERS| ALREADY PASSED| VERIFIED & UPDATED | 2024
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TEXAS PRINCIPLES 1 EXAM - CHAMPIONS SCHOOL OF REAL 
ESTATE | QUESTIONS & ANSWERS| ALREADY PASSED| 
VERIFIED & UPDATED | 2024 
• The law requiring real estate contracts to be in writing is called the...? 
statue of frauds 
• Statute of Frauds: law that requires some documents (deeds 
included) to be in writing and signed in order to be enforceable by law 
• Illegal practice of directing home seekers to a particular 
neighborhood based on fair housing protected classes? Steering 
• Taking ...
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NCREL Post Licensing 301 Broker Relationships and Responsibilities | Questions with 100% Correct Answers | Verified | Latest Update 2024
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A seller's agent or sub-agent must initially disclose her agent status to a prospective buyer when? - 
Before buyer and agent discuss motivation or financial information. 
What fiduciary duties are owed to principals? - Obey, Loyalty, Disclosure, Confidentiality, Accounting, 
& Reasonable care 
(OLD CAR) 
As a dual agent, my fiduciary responsibilities are reduced to the buyer and seller under what agency? - 
Dual Agency - agent cannot advise or council 
Material facts which must be disclosed - ...
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Texas Principles of Real Estate II Final Exam| Questions and Verified Answers| Grade A| 2023/ 2024 Update
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Texas Principles of Real Estate II Final Exam| Questions and Verified Answers| Grade A| 2023/ 2024 Update 
 
Q: a lease for one year or less 
 
 
Answer: 
the only contract that does not have to be in writing to be enforceable 
 
 
 
Q: Attorney in Fact 
 
 
Answer: 
a person holding a power of attorney 
 
 
 
Q: substitution of a contract with another contract ie. counteroffer 
 
 
Answer: 
Novation 
 
 
 
Q: when one party fails to perform the duties of the contract-they can be asked by judge ...
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Rockwell Exam Real Estate Classes WA Final Exam 1 Questions and Answers 100% Correct
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Rockwell Exam Real Estate Classes WA Final Exam 1 Questions and Answers 100% CorrectRockwell Exam Real Estate Classes WA Final Exam 1 Questions and Answers 100% CorrectRockwell Exam Real Estate Classes WA Final Exam 1 Questions and Answers 100% CorrectRockwell Exam Real Estate Classes WA Final Exam 1 Questions and Answers 100% Correct 
 
A buyer purchases a rental home that is fully furnished. The document used to transfer title to the furniture is: 
a. quitclaim deed 
b. bill of sale 
c. speci...
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Colibri Real Estate Practice Final Exam 2024 Questions with 100% Verified Correct Answers Rated A+
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Colibri Real Estate Practice Final Exam 2024 Questions with 100% Verified Correct Answers Rated A+ 
Why is the condition of bearing walls more important than non bearing walls? - Correct Answer Bearing walls support the ceiling and the roof. 
 
Owner Tom decided to lease out his basement to a college student. By leasing the basement, Tom has - Correct Answer transferred a portion of his bundle of rights 
 
What is a forecast of income and expenses that can be projected over five years? - Correc...
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