Procuring cause - Study guides, Class notes & Summaries

Nebraska Real Estate SAMPLE Test Questions with 100% Correct Answers The earth's surface extending downward to the center of the earth and upward into space, including all things permanently attached, is known as: A) Real Property B) Real Estate C) Land D) A bundle of legal rights - Answer- D) A bundle of legal rights Moveable objects, which are not considered real estate, are known as: A) Real property B) Personal property C) Fixtures D) Emblements - Answer- B) Personal Property T...

Nebraska Real Estate SAMPLE Test Questions with 100% Correct Answers The earth's surface extending downward to the center of the earth and upward into space, including all things permanently attached, is known as: A) Real Property B) Real Estate C) Land D) A bundle of legal rights - Answer- D) A bundle of legal rights Moveable objects, which are not considered real estate, are known as: A) Real property B) Personal property C) Fixtures D) Emblements - Answer- B) Personal Property T...

Lease Option - ANSWER tenant purchase Tenant has the option to purchase the property within or at the end of there lease. Title Search - ANSWER ensure marketable title Conducted to ensure that the buyer and lender receive marketable title or one that would not place either party in legal liability. How do you create an agency relationship? - ANSWER actions or contract An agency relationship is created through a written contract or the actions of the parties. Types of agreements...

1. How much time is given to pass the NV salesperson exam? - correct answer 4 hours - 240 minutes or 4 hours total 2. How many continuing education hours are required? - correct answer 24 hours - State of NV requires salesperson to complete 24-hours of continuing education every 2 years in each 4 year licensing term 3. In order to obtain a NV real estate license you must have a HS diploma? - correct answer True - you must have a HS diploma or equivalent 4. How often must you renew your ...

An agency coupled with an interest will not be terminated by death of the: a. lender b. principal c. escrow holder d. customer - Answer- b. principal After the three-day notice is served and the tenant still does not cure the default, the landlord may: a. have a friend remove the tenant and the tenant's belongings from the property b. go to the sheriff to get the tenant thrown out c. initiate a peaceful eviction proceeding d. initiate an unlawful detainer action - Answer- d...

Champions School of Real Estate - Exam Prep Latest Update 100% Pass Buyer Representation Agreement An employment contract obligating a broker to act as a fiduciary to a buyer Implied Agency Agency as a result of customary, usual or typical conditions Broker A properly licensed party who serves a principal in an agency relationship- also called an agent Client A party represented by a broker in an agency relationship - also called a principal Duties of an Agent An agent owes his...

ANECEPHALIC - An infant born without a brain BEREAVEMENT - Sorrow following the death of a loved one BRAIN DEATH - Final cessation of activity in the central nervous system, as indicated by a flat EEG or absence of cerebral blood flow for a predetermined period of time CARDIAC DEATH - Final cessation of activity in the cardiovascular system involving the heart and blood vessels CESSATION - The final stoppage of action CORONER - Typically an elected official who decides whether a death occur...

ABMDI-D test| 227 Terms| with Complete Explanations 2024/2025 ANECEPHALIC - Correct Answers An infant born without a brain BEREAVEMENT - Correct Answers Sorrow following the death of a loved one BRAIN DEATH - Correct Answers Final cessation of activity in the central nervous system, as indicated by a flat EEG or absence of cerebral blood flow for a predetermined period of time CARDIAC DEATH - Correct Answers Final cessation of activity in the cardiovascular system involving the heart a...

Champions School of Real Estate - Exam Prep With Correct Solutions Graded A+ Buyer Representation Agreement An employment contract obligating a broker to act as a fiduciary to a buyer Implied Agency Agency as a result of customary, usual or typical conditions Broker A properly licensed party who serves a principal in an agency relationship- also called an agent Client A party represented by a broker in an agency relationship - also called a principal Duties of an Agent ...

implied agency - legal finding that your behavior implied a legal relationship (intent) express agency - no ambiguity in behavior. explicitly define legal relationship real estate - = land + improvements (any addition to land, regardless of aesthetics) real property - = interest benefits and rights that go with land real estate (belongs to deed holder) appurtenance - - anything associated with a property, including rights and improvements property rights - DEEPC: Disposition, Enjo...