Mechanics lien - Study guides, Class notes & Summaries
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PSI Exam Questions and Answers 100% Correct| Latest 2024 
what would prevent a seller from providing marketable title 
Mechanics lien 
the seller has required that the buyer must use his title insurance company and that 
brokers reduce their portion of the real estate commission, increasing the sellers net 
proceeds 
This is illegeal according to respa 
If a license mentions MLS when advertising, the advertisement must include 
the name of the MLS 
According to the New Jersey Real estate Licen...
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Real Estate Principles Final Exam Verified Answers
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Real Estate Principles Final Exam Verified Answers 
Anything that is fastened or attached to real property permanently is considered to be: ️Real 
Property 
A quitclaim deed releases all present claims, rights and title of the: ️Grantor 
When a creditor wants to satisfy a judgement which was levied against another person, the creditor 
would: ️Obtain a writ of execution 
Before a mechanics lien is effective it must be: ️Verified and recorded 
Discrimination by a real estate licens...
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CSLB Business & Law Exam Questions with All Correct Answers
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CSLB Business & Law Exam Questions with All Correct Answers 
 
 
To whom do you report and pay sales tax? 
 
County Tax Collector 
 
Internal Revenue Service 
 
Board of Equalization 
 
Franchise Tax Board - Answer-Board of Equalization 
 
Except in an emergency, you must notify the regional Underground Service Alert Center within how many days before beginning to excavate? 
 
at least one calendar day 
 
at least one working day 
 
at least two working days but not more than 14 calendar...
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NYS Notary Exam with 100% Correct Answers 2024/2025
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NYS Notary 
A Notary who refrains from performing a duty, which is imposed by law or inherent in 
the nature of his/her office, may be guilty of? 
a. A felony 
b. Criminal Contempt 
c. A Tort 
d. A Misdemeanor - Correct answer-d. A Misdemeanor 
A copy of a public record signed and certified as true copy by the public official having 
custody of the original is known a(n): 
a. Affirmation 
b. Authentication 
c. Certified Copy 
d. Acknowledgment - Correct answer-c. Certified Copy 
To grant the rig...
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CSLB Concrete C8 License Practice Test #2 Exam | 
Questions and Answers Graded A+ Latest 2024/2025 
In order to install electric fire alarms you must have a - CORRECT ANSWER C-10 
electrical license 
Contractor must notify registrar of a change in address in - CORRECT ANSWER 
90 days 
Inactive license renewal - CORRECT ANSWER 4 years 
Active license renewal - CORRECT ANSWER 2 years 
Expired license renewal - CORRECT ANSWER 5 years 
GC has ____ days to pay subs - CORRECT ANSWER 7 
Number of wo...
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ASREB School and State Test Review Questions With 100% Correct Answers.
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How are AZ property taxes charged? - Answer-Ad Valorem 
What does Ad Valorem mean? - Answer-Assessed Value 
How are Arizona Property Taxes paid? - Answer-Levied once, Paid Twice 
When are AZ property Taxes Due? and Delinquent? - Answer-Oct-Nov and March-May (O No More 
Money) 
Who do you pay the property taxes to? - Answer-County Treasurer 
What is the penalty for AZ Property Tax Delinquency? - Answer-16% 
Property Tax Assessment Ratio Residential? - Answer-10% 
Property Tax Assessment Ratio Lan...
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ASREB School and State Test Review Questions and Answers 100% Pass
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ASREB School and State Test Review 
Questions and Answers 100% Pass 
How are AZ property taxes charged? - Ad Valorem 
What does Ad Valorem mean? - Assessed Value 
How are Arizona Property Taxes paid? - Levied once, Paid Twice 
When are AZ property Taxes Due? and Delinquent? - Oct-Nov and March-May (O 
No More Money) 
Who do you pay the property taxes to? - County Treasurer 
What is the penalty for AZ Property Tax Delinquency? - 16% 
Property Tax Assessment Ratio Residential? - 10% 
Property Tax ...
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PSI Real Estate Salesperson Exam Actual Update Questions with Correct Answers and 2024/2025
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All of the following would be considered real property except 
1. Mineral rights 
2. A leasehold estate 
3. Fixtures 
4. Air - 2. A leasehold estate 
The servient estate in an easement appurtenant is the property 
1. Owned by the landlord 
2. On which the easement is placed 
3. Owned by the tenant 
4. That benefits from the easement - 2. On which the easement is placed 
Which of the following statements concerning encumbrances is not true? 
1. All encumbrances are lien 
2. All liens are encumbra...
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Commercial Real Estate SAE - Champion's School of Real Estate 495 Questions with Verified Answers,100% CORRECT
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Commercial Real Estate SAE - Champion's School of Real Estate 495 Questions with Verified Answers 
 
Productivity Management - CORRECT ANSWER Measuring the results from the use of available systems and tools for prospecting activities 
 
CRM - CORRECT ANSWER Contact Relationship Manager, a tool used to automate prospecting tasks and manage leads 
 
Geographic farming - CORRECT ANSWER A particular area that may include neighborhoods that a sales agent or broker markets for the solicitation of bu...
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ARIZONA SPECIFIC-REAL ESTATE 2024,2025 QUESTIONS WITH ALL CORRECT ANSWERS, GRADED A+
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When the county assessor evaluates real estate for the purpose of taxation, this is called: - 
Assessed value 
What lien has priority first: - Property taxes 
Property taxes become a lien the first day of: - January 
If a property is not bid at a tax foreclosure sale: - Anyone can later buy the tax lien from the 
Treasurer 
Rank the following in order: 
IRS lien, Property Taxes, Special Assessments - Property Taxes, Special Assessments, IRS Liens 
When a broker misappropriates funds, this is cal...
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