Transaction broke - Study guides, Class notes & Summaries

NY REAL ESTATE PRACTICE TEST CORRECTLY SOLVED 2024 1. A blanket mortgage usually contains which clause? A. assumption B. release C. sunrise D. good guy - Answer ️️ -B 2. A CMA is different from an appraisal because: A. an appraisal is based only on facts B. an appraisal is an opinion of value C. a CMA can consider expired listings and properties on market D. an appraiser cannot, by law, perform a CMA - Answer ️️ -c 3. A colorless, odorless, tasteless, radioactive gas which ca...

SC Property Management License Exam with Complete & Verified Solutions | 2024 Update PM & PMIC licenses need to renewed biennially - Answer ️️ -June 30th (end of state's fiscal year) Conversion - Answer ️️ -to use trust funds for the purpose other than the purpose of which they are held. Unlawful use of funds. Customer - Answer ️️ -a buyer, seller, landlord or tenant who uses the services of a real estate licensee but does not establish an agency relationship through a writte...

UGBA 135 Midterm 21st Century Millionare - correct answer - Someone who can financially take care of themselves without help from any government agency, living the life they want to lead - After working for 40 years, only 5% of people are financially independent (don't need government assistance) - Cornerstone of their wealth = being frugal (not cheap, but value-oriented) --> budget and spend carefully, live within their means - People who succeed have goals Do not outlive your money ...

Florida Real Estate State Exam: Gold Coast Q&A CRAM EXAM 1&2 Property management Abesntee ownership has increased the demand for which area of brokerage A fee based upon time and difficulty of appraisal What is a real estate appraiser is paid A subdivision plat map What does the local planning agency have the authority to approve Dedication What is it called when a developer gives land to a governmental body? Property management What business is a license engaged in who...

Maine Real Estate Exam An employer is responsible for direction a ( ) as to both what is to be done and how it is to be done - correct answer employee Real estate licensees are almost always ( ) with their company - correct answer independent contractors Every real estate brokerage should adopt a ( ) that identifies and describes the types of real estate brokerage relationships in which the broke and affiliated licenses may engage - correct answer written company poilicy license laws a...

COLORADO CONTRACTS AND REGULATIONS QUESTIONS AND ANSWERS, 100% ACCURATE, VERIFIED. In the Contract to Buy and Sell Real Estate, all of the following are negotiable clauses EXCEPT - -The answer is mediation. Mediation is the only clause that is not negotiable. The others have a check box or blank space to allow the buyer and the seller to define how the clause will take effect. Unit 3 broker using computer-generated forms must - -The answer is make sure the program reproduces the approv...

Principles I: Unit 1 Real Estate brokerage ️The business of bringing people together in a real estate transaction broker ️acts as an agent of the buyer of the seller (or both) in negotiating the sale, purchase, or rental of property sales agent ️a license holder employed by or associated with a broke who conducts brokerage activities on behalf of the broker residential, commercial, industrial, agricultural, special purpose, mixed use ️types of real estate brokerage Educat...

Maine Real Estate Exam An employer is responsible for direction a ( ) as to both what is to be done and how it is to be done - correct answer employee Real estate licensees are almost always ( ) with their company - correct answer independent contractors Every real estate brokerage should adopt a ( ) that identifies and describes the types of real estate brokerage relationships in which the broke and affiliated licenses may engage - correct answer written company poilicy license laws a...

CONTRACTS & REGULATIONS SECTION 7: COLORADO LISTING CONTRACTS QUESTIONS AND ANSWERS. VERIFIED. a Brokerage firm and a seller A listing contract is the employment contract between who and who? No unless the employing broker gives you permission If you leave one brokerage & join another, are you allowed to take your active listings with you? acting only as a transaction-broker Colorado listing contract may be oral if the broker is ___________________________________ Otherwise it must be ...

NY REAL ESTATE PRACTICE TEST CORRECTLY SOLVED 2024 1. A blanket mortgage usually contains which clause? A. assumption B. release C. sunrise D. good guy - Answer ️️ -B 2. A CMA is different from an appraisal because: A. an appraisal is based only on facts B. an appraisal is an opinion of value C. a CMA can consider expired listings and properties on market D. an appraiser cannot, by law, perform a CMA - Answer ️️ -c 3. A colorless, odorless, tasteless, radioactive gas which ca...