Real estate practice exam Study guides, Class notes & Summaries

TEXAS REAL ESTATE BROKERAGE SAE FINAL EXAM AND PRACTICE EXAM NEWEST 2024 ACTUAL EXAM 450 QUESTIONS AND CORRECT DETAILED ANSWERS (VERIFIED ANSWERS) |ALREADY GRADED A+

1. includes all that is encompassed in land, with theaddition of all improvements. a. Land b. Real property c. Real Estate d. Personal property Answer: C. Real Estate 2. Any man-made addition to the land that is permanent, and is consideredto become part of the land, is known as a(n) _________. a. Surface rights b. Improvements c. Fixture d. Personal Property Answer: B. Improvement 3. Another name for personal property is . a. Furniture b. Fixture c. Subsurface rights d. Person...

The Kentucky Real Estate Commission determined that a buyer was damaged by the fraudulent action of a licensee in the amount of $50,000. If the responsible licensee does not pay the claim, the Commission may pay out from the Real Estate Education, Research, and Recovery Fund a MAXIMUM amount of: - Answer- $20,000 An action for recovery from the Kentucky Real Estate Education, Research, and Recovery Fund MUST be commenced within how many years from actual knowledge of the cause of action or th...

Courses for the renewal of an active real estate broker or sales agent license are called (Ans- continuing education (CE) What is the maximum amount that the Commission will pay from the real estate recovery trust account for claims against any one license holder, until the account has been repaid in full by the license holder? (Ans- $100,000 Which is owned by the tenant? (Ans- a trade fixture Which of the following terms refers not only to the surface of the earth but also below ...

NY Real Estate Practice Exam Questions And Answers(Update 2023_2024) NY Real Estate Practice Exam Questions And Answers(Update 2023_2024) NY Real Estate Practice Exam Questions And Answers(Update 2023_2024) NY Real Estate Practice Exam Questions And Answers(Update 2023_2024) NY Real Estate Practice Exam Questions And Answers(Update 2023_2024) NY Real Estate Practice Exam Questions And Answers(Update 2023_2024) NY Real Estate Practice Exam Questions And Answers(Update 2023_2024)...

A __________ is a permanent change in one or more of the terms of a borrower's loan. Loan Qualification Loan Modification Loan Approval Loan Origination - ANS IS Loan Modification What time period must borrowers have in job history with the same employer to qualify? 2 months 6 months 1 year 2 years - ANS IS 2 years Unscrupulous actions carried out by a lender to entice, induce and/or assist a borrower in taking a mortgage that carries high fees, a high interest rate, strips the borro...

45 Hour Post License Florida Exam Questions And Answers Farming - ANS Concentrating on one type of style of property or on one particular neighborhood A residential transaction os defined in F.S. 475 as the sale of any: - ANS - Duplex - improved residential property of four units or fewer, including condominium units -unimproved property intended for four units or fewer - agricultural properties of ten acres or less - leases with options to purchase all or a portion of improved pro...

TEXAS PRINCIPLES 1 EXAM - CHAMPIONS SCHOOL OF REAL ESTATE | QUESTIONS & ANSWERS| ALREADY PASSED| VERIFIED & UPDATED | 2024 • The law requiring real estate contracts to be in writing is called the...? statue of frauds • Statute of Frauds: law that requires some documents (deeds included) to be in writing and signed in order to be enforceable by law • Illegal practice of directing home seekers to a particular neighborhood based on fair housing protected classes? Steering • Taking ...

Texas Real Estate Principles 1 (Practice Exam)