Stuvia best seller - Study guides, Class notes & Summaries

Utah General Sales exam Practice Questions and Answers M starts a small business teaching people how to do unique types of quilting and stitchery and hires one person to help her. She finds an old house to rent cheaply. It only has one very small 1/2 bath, and five steps to get in the front door. In this case, ADA requirements: (a) are violated because a handicapped person would not have equal access. (b) do not apply since there's only one employee. (c) don't apply as it would be t...

DC State Portion Exam Practice Questions and Answers Who appoints members of the DC Real Estate Commission? The commission executive director The DC Council chairperson The mayor The outgoing commissioners - ANSWER-The mayor Jersey, a real estate licensee who lives in DC, inherited a 5% interest in a strip mall. Pete, her neighbor, saw a for sale sign at the strip mall and wants her to make an offer on the property on his behalf. Jersey considers her personal interest in the property to...

Arizona Real Estate Practice Questions with Correct Answers Within how many days after property transfer shall a buyer submit a completed transfer form and file with ADEQ - ANSWER-15 days An example of involuntary alienation is where title to real estate passes by: - ANSWER-Sheriff's deed What event will create an involuntary life estate? - ANSWER-Dower interest becoming cohate A valid warranty deed must contain all of the following elements, except: - ANSWER-Signed by grantee The cla...

California Real Estate Exam Multiple Choice Questions with Correct Answers An appraiser's definition of "Value" would be: a. present worth of all rights to future benefits arising out of ownership. b. the ability of one commodity to command other commodities in exchange. c. relationship between the thing desired and the potential purchaser. d. all of the above. - ANSWER-d. all of the above. These are elements of value. Which of the following abbreviations is associated with the ...

Alabama Salesperson Pre-license Exam Questions and Answers 100% Pass The end result of rescinding the contract is that? - ANSWER-The contract is null and void If a contractor is planning to build a new apartment complex he or she needs to consult the Americans with disabilities act standards to - ANSWER-Avoid any potential find by the United States Attorney General What is true regarding the platform-frame construction method? - ANSWER-It is the type of construction most generally used in...

CA Real Estate Exam 2024 Practice Questions with Correct Answers 100% Pass An insurance policy which combines personal liability insurance and hazard insurance coverage for a dwelling and its contents is called: Homeowner's insurance Buyer's insurance Errors and omissions insurance All of the above - ANSWER-Homeowner's insurance Homeowner's insurance ensures comprehensive protection for homeowners. What is the status of a contract when all terms have been fulfilled and the ...

Kansas Real Estate Test Practice Questions and Answers In deciding on whether to make a residential home loan, a lender would normally consider the borrower's - ANSWER-debt to income ratio A property sold for $200,000 with an 80% loan to value ratio. The lender charged 1 discount point in connection with the loan. What was the amount for the discount points? - ANSWER-$1,600 A buyer is inquiring as to what the principal and interest payment will be on a property that is being purchased....

Post-Licensing Practice Exam for Florida Real Estate Sales Associates Exam Questions and Answers FHA requirements for housing expense ratios (HER) and total obligations ratio (TOR) are - ANSWER- 28% (HER) and 36% (TOR). Yesterday, a broker obtained a 90-day listing contract that has a self-renewing provision extending the agreement an additional 60 days after expiration unless either party cancels in writing. The listing contract is - ANSWER-void. Unlicensed personal assistants - ANSWER-...

Minnesota State Real Estate Test Review Questions and Answers A homeowner is willing to let his neighbor park an RV in his backyard. He does NOT want to make the permission permanent in case he dislikes others who might move next door in the future. What should he give his neighbor? - ANSWER-A license. Legal descriptions using the government survey system are NOT generally used in - ANSWER-: the original 13 states. Real property can be converted to personal property by - ANSWER-Severance ...

Nevada Real Estate Exam Prep Questions with Correct Answers 1. How much time is given to pass the NV salesperson exam? - ANSWER-4 hours - 240 minutes or 4 hours total 2. How many continuing education hours are required? - 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? - ANSWER-True - you must have a HS diploma or equivalent...