Psi real estate s - Study guides, Class notes & Summaries

PSI REAL ESTATE SALESPERSON PRACTICE EXAM QUESTIONS & ANSWERS 2024 ( A+ GRADED 100% VERIFIED)

PSI REAL ESTATE SALESPERSON EXAM 1 2024/2025 ACTUAL UPDATE ALL DONE SOLUTION

PSI Real Estate Salesperson exam 1 QUESTIONS & ANSWERS 2024 ( A+ GRADED 100% VERIFIED)

An Appraisal made by a Certified appraiser is REQUIRED? - WHEN THE BUYER IS USING A FHA LOAN TO PURCHASE Greatest advantage of using FHA financing when buyer plans to occupy? - THE REQUIRED DOWN PAYMENT MAY BE LOWER THAN CONVENTIONAL LOANS What should buyer put in purchase offer to make sure they would NOT have to purchase, if they CANNOT obtain financing? - Contingency Conditions does NOT create stigmatized property that may or may not be disclosed under the law of some state? - THE OWNER OF...

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...

PSI Real Estate Exam (MD State Portion) Questions With Compete Solutions.

PSI REAL ESTATE SALESPERSON PRACTICE EXAM/A+ Rated/2024 A couple listed their home with a broker. After 2 months, the seller found a buyer, and the sale closed. The seller was not obligated to pay a commission to the broker. This listing was MOST likely 1. an exclusive agency listing. 2. an exclusive right to sell listing. 3. a net listing. 4. an advance fee listing. an exclusive agency listing What critical aspect of the property inspection process MUST licensees convey to prospect...

Which of the following would NOT be considered Real Property? 1. Mineral Rights 2. A Leasehold Estate 3. Fixtures 4. Air - correct answer 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 - correct answer 2. on which the easement is placed Which of the following statements concerning encumbrances is NOT true 1. All encumbran...

Virginia national and state PSI real estate study exam 2024

PSI REAL ESTATE SALESPERSON CERTIFICATION EXAM || Questions & Answers (Graded A+) PSI REAL ESTATE SALESPERSON CERTIFICATION EXAM || Questions & Answers (Graded A+) In the sale of property, there is often confusion over whether an item is a fixture or personal property. What is the best way to avoid this confusion? 1. Apply the legal tests of a fixture. 2. Apply local court decisions dealing with similar items. 3. Specify questionable items of property in the written sales contract. 4. ...