Direct real estate - Study guides, Class notes & Summaries
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MRL3701 EXAM PACK 2024
- Exam (elaborations) • 485 pages • 2023
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MRL3701 
INSOLVENCY LAW 
PAST EXAM PACK QUESTIONS AND ANSWERS 
SUMMARISED NOTES 
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MRL 3701 
OCTOBER/NOVEMBER 2018 
QUESTION 1 
a) Inability to pay debts is, at most merely evidence of insolvency. (page 3) 
b) Brenda’s application for voluntary surrender must be set out the causes of her 
insolvency in some detail to enable the court to determine whether the 
application is ......................... 
c) Christopher commits an act of insolvency by depar...
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Residential Inspection for Real Estate Agents - Champions School of Real Estate| 409 questions and answers
- Exam (elaborations) • 51 pages • 2023
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Deficiency 
A ________, in the reasonable judgment of the inspector, is a condition that adversely 
and materially affects the performance of a system, or component. 
 
 
 
Inspection 
Process of examining accessible items, and 
reporting their condition 
 
 
 
RESPA 
Prohibits abusive practices like undisclosed 
referral fees and kickbacks. Designed to help consumers become more knowledgeable of settlement services costs. 
 
 
 
Departure Provision 
The inspector may not inspect an item if the ...
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Texas Real Estate Appraisal - SAE Course | 275 Questions with 100% Correct Answers | Verified | Latest Update 2024 | 28 Pages
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What can proper drainage do for a building site? - Protect the foundation 
The ______ method converts a single year's expected income (or an annual average) into a market value. 
- Direct Capitalization 
Basic property rights include the rights of possession, control, exclusion, enjoyment, and ______. - 
Disposition 
What type of value may consumers be interested in if they are looking for the potential rate of return? - 
Investment Value 
How are adjustments made in the analysis used in the sa...
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RECA Review Questions And Answers
- Exam (elaborations) • 34 pages • 2023
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Which of the following describes a competent real estate professional? 
A) A real estate professional who agrees to provide services that they are incapable of performing 
B) A real estate professional who possesses the necessary ability and knowledge to perform an action proficiently 
C) A real estate professional who represents a client in matters that are beyond their expertise 
D) A real estate professional who holds a valid authorization from RECA and is registered with a brokerage in Alber...
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OSSF Installer 1 Questions and Answers Rated A+
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OSSF Installer 1 Questions and Answers 
 
Rated A+ 
 
In the hydrologic cycle, water moves by evaporation and transpiration into the Atmosphere 
 
evaporation where it comes in contact 
 
Ground Water The term refers to water that collects beneath the surface of the earth in 
porous, permeable, water-bearing geologic formations or aquifers. 
 
Surface water refers to water that is found above ground in containment areas, such as lakes, 
rivers, streams, creeks, and reservoirs. 
 
Water table aq...
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PVL3703 Assignment 3 (DETAILED ANSWERS) Semester 1 2024 - DISTINCTION GUARANTEED
- Exam (elaborations) • 172 pages • 2024
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PVL3703 Assignment 3 (DETAILED ANSWERS) Semester 1 2024 - DISTINCTION GUARANTEED Answers, guidelines, workings and references .................... Question 1 One of the attractions at Wonderland Zoo is a train ride that takes customers to and from different locations at the zoo. Sipho, the technician in charge of inspecting and maintaining the train, overlooks some signs that the train is no longer in sound condition. Avril goes for a ride on the train. The operator of the train requests the per...
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Florida Real Estate U Final Exam Questions & Answers(RATED A)
- Exam (elaborations) • 39 pages • 2023
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An appraisal can be completed by which of the following? 
 
A home inspector 
A real estate broker 
A licensed appraiser using USPAP standards 
A mortgage loan originator - ANSWERA licensed appraiser using USPAP standards 
 
What is a BPO? 
 
Broker Price Opinion 
Best Practice Organization 
Best Prospective Offer 
Beyond Present Opportunities - ANSWERBroker Price Opinion 
 
Which of the following is incorrect? 
 
Farming methods include Direct Mail and Just Listed Post Cards. 
Farming only invo...
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Champions Real Estate Marketing SAE Exam with complete solutions
- Exam (elaborations) • 10 pages • 2023
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Most common reason a property fails to sell is - Answer- price 
 
Matching human needs with goods or services to meet those needs is the process of - Answer- marketing 
 
_____________________ is a key personality trait of a successful agent - Answer- problem solving 
 
3 Ways Sales Agents Add Value to the Buying Process - Answer- Counseling, Negotiating, and Managing the transaction 
 
Four P's of marketing real estate - Answer- product, promotion, price and place 
 
How can you know your prod...
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COB 242 - Exam 1 Already Passed
- Exam (elaborations) • 19 pages • 2023
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COB 242 - Exam 1 Already Passed Gross Margin % (Revenue - COGS) ÷ Revenue 
indicates how much of each sales dollar is left after deducting the cost of goods sold to cover expenses and provide a profit. 
Units: % 
Earnings Per Share (Net Income - Dividends on Preferred Stock) ÷ Average Outstanding Shares 
This measure indicates how much income was earned for each share of common stock outstanding. 
Units: $ 
Working Capital Current Assets - Current Liabilities 
measure of both a company's effi...
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Florida Real Estate U Final Exam Answered 2023/2024
- Exam (elaborations) • 45 pages • 2023
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Florida Real Estate U Final Exam Answered 2023/2024 
Florida Real Estate U Final Exam Answered 
2023/2024 
An appraisal can be completed by which of the following? 
A home inspector 
A real estate broker 
A licensed appraiser using USPAP standards 
A mortgage loan originator 
A licensed appraiser using USPAP standards 
What is a BPO? 
Broker Price Opinion 
Best Practice Organization 
Best Prospective Offer 
Beyond Present Opportunities 
Broker Price Opinion 
Which of the following is incorrect?...
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