Real estate broker test - Study guides, Class notes & Summaries
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Real Estate U Final Exam Questions And Answers 2023/2024
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Real Estate U Final Exam Questions And Answers 2023/2024 
Real Estate U Final Exam Questions And 
Answers 2023/2024 
Article 12 A 
NYS Real Estate Property Law (1) Protect the public (2) Salesperson at least 18 (3) 
broker at least 20 years . 
Sponsor 
Broker that holds salesperson license 
Summary of Submission 
Paper you get after registering for NYS test. Bring to tes with you 
Misedemanor 
Crime with no more than 1 year prison or $1,000 fine 
Listing Agreement 
Agreement between salesperso...
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45 Hour Post License Real Estate Florida Test Questions With Answers Latest Updated 2024/2025 | 100% Verified.
- Exam (elaborations) • 30 pages • 2024 Popular
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45 Hour Post License Real Estate Florida Test Questions With Answers Latest Updated 2024/2025 | 100% Verified. When consumers, lured by lower prices, venture back into the market, business activity increases 
and confidence begins to return. Slowly, production facilities gear up to meet the new consumer 
demand, capital begins to flow back into business enterprises, and additional employees are 
hired. 
The three types of operating expenses of an income property are 
A) 
fixed, debt service, and...
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FREC Practice Test Questions & Answers 2023/2024
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FREC Practice Test Questions & Answers 2023/2024 
 
1. Which of the following statements is true regarding a mortgage loan originator (MLO)? 
a. A mortgage loan originator is the same as a mortgage broker. 
b. A mortgage loan originator must have a separate license. 
c. A mortgage loan originator makes loans. 
d. A mortgage loan originator must have a real estate license. - ANSWER-B 
 
2. A real estate appraiser's fee for professional service is based on which of the following? 
a. A percentage...
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45 Hour Post Licensing Exam Correct 100%
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A married couple have prequalified for a $240,000 conventional mortgage. If they put 20% down, they can buy a house for - ANSWER $300,000 
 
What facts need not be disclosed in a real estate transaction? - ANSWER The property was the site of a homicide. 
 
What is a good graphic to show a seller that there will be more activity if the property is competitively priced? - ANSWER The pricing pyramid 
 
A home sells for $310,500. Expenses of the sale are $4,800. The brokerage fee is $18,630. Prorati...
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TX-Brokerage (SAE), Texas Real Estate Brokerage 30 Hours 2019, texas sae real estate brokerage, Real Estate: Brokerage Final Exam Questions/Answers, Real Estate: Practice Exam (Questions/Answers), Real Estate: Agency Exam Questions/Answers, texas sae...
- Exam (elaborations) • 128 pages • 2023
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TX-Brokerage (SAE), Texas Real Estate Brokerage 30 Hours 2019, texas sae real estate brokerage, Real Estate: Brokerage Final Exam Questions/Answers, Real Estate: Practice Exam (Questions/Answers), Real Estate: Agency Exam Questions/Answers, texas sae... 
 
The _____ is required to ascertain that Brokers are aware of all of their responsibilities. 
Texas Real Estate Commission 
The _____ course is to address the regulatory aspects of the management, operation and supervision of a real estate brok...
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principal of real estate 1 final exam with 100% correct answer
- Exam (elaborations) • 17 pages • 2023
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One who is given a power-of-attorney that allows them to sign the name of a principal to a contract of sale is a(n): 
 
A) attorney-in-fact 
B) broker with a listing 
C) special agent 
D) attorney-at-law 
attorney-in-fact 
 
 
 
No two parcels of land are exactly alike because no two parcels can occupy the same position on the globe. This is known as: 
 
A) township 
B) section 
C) scarcity 
D) nonhomogeneity 
nonhomogeneity 
 
 
 
The five essential elements that make a contract valid are: comp...
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45 Hour Post License Real Estate Florida Test Questions With Answers Latest Updated 2024/2025 (GRADED)
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An economic recovery is defined as 
A) 
two successive quarterly declines in the gross domestic product. 
B) 
two successive quarterly increases in the gross domestic product. 
C) 
a period of higher housing prices. 
D) 
two successive periods of stock market gains. correct answers B) 
two successive quarterly increases in the gross domestic product. 
Explanation 
When consumers, lured by lower prices, venture back into the market, business activity increases 
and confidence begins to return. Sl...
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Dubai RERA Broker Exam Questions with Correct Answers Graded A+
- Exam (elaborations) • 8 pages • 2023
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Dubai RERA Broker Exam Questions with Correct Answers Graded A+ 
 
Which law applies to 
Land Registration & Ownership (Role of DLD) Law No. 7/2006 
 
Which law applies to 
Designated Areas 
(Freehold vs Leasehold for non GCC) Regulation No. 3 of 2006 
 
Which law applies to 
Regulation of Real Estate Brokers Law No. 85/2006 
 
Which law applies to 
Establishment of RERA Law No. 16/2007 
 
Which law applies to 
Escrow Accounts Law No. 8/2007 
 
Which law applies to 
Tenancy Law Law N...
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RealEstateU - Texas Principles of Real Estate - Part 1 – 107 questions – with complete solutions
- Exam (elaborations) • 14 pages • 2023
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Salesperson's Sponsoring Broker correct answer: a real estate salesperson closes on a transaction, who pays the salespersons commission? 
 
General Agent correct answer: An agent with full authority over one property of the principle. EX: Property Manager. 
 
Supply correct answer: Te amount of goods offered for sale within a given market at a given price during a given period. 
 
Specific Agent correct answer: Agent with limited authority to act on behalf of the principal, such as a listin...
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Ohio Real Estate Exam test bank Questions with answers 2023
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Ohio Real Estate Exam test bank Questions with answers 2023May a consumer who has been harmed by a licensee acting under her license as a real estate salesperson or broker immediately file a claim for payment from the Real Estate Recovery Fund? 
CORRECT ANSWER: No, the consumer must file a lawsuit, get a final judgment, and attempt to collect 
 
 
 
A listing agreement in which the agent may possibly be in competition with the client to see who can sell the house first is an exclusive 
CORRECT A...
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