Virginia psi exam 2024 - Study guides, Class notes & Summaries

Virginia PSI Exam (State) Latest 2024 Actual Questions and Verified Answers (2024 / 2025) A+ Grade 100% Guarantee Verified by Experts

Virginia PSI Exam Questions Answered 2024

Virginia PSI Real Estate Exam Prep 2024 with Solutions Acceleration Clause - Answer -A clause in your mortgage which allows the lender to demand payment of the outstanding loan balance for various reasons. The most common reasons for accelerating a loan are if the borrower defaults on the loan or transfers title to another individual without informing the lender. Adjustable Rate Mortgage (ARM) - Answer -A mortgage in which the interest changes periodically, according to corresponding fluctu...

Virginia PSI Exam (State) With 100% Correct And Verified Answers 2024

NATIONAL REAL ESTATE EXAM QUESTIONS AND ANSWERS| 100% CORRECT 2024 Escrow and trust account must be ______ - answerseparate from checking account Written disclosure is required who the licensee represents in a brokerage relationship - when? - answerupon first substantive discussions about properties/specific properties or preforming any real estate services for client Print advertising - answerMust disclose licensee name and firm name For sale and lease signs - answermust have firm name ...

Virginia psi exam prep by performance programs company questions and answers A+ score assured 2024/2025

What is the purpose of Chapter 21 in the Virginia code? - ANSWERTo present license requirements brokerage relationships and Real Estate Board authorizations Delaney is licensed under a real estate firm and legally performs real estate activities for an average of at least 40 hours a week. What term would she properly be called? - ANSWERActively engaged salesperson Josh hired an unlicensed assistant what activities can the assistant participate in? - ANSWERCompute commission checks How l...

Virginia psi exam prep by performance programs company Questions and Solutions What is the purpose of Chapter 21 in the Virginia code? - Answer -To present license requirements brokerage relationships and Real Estate Board authorizations Delaney is licensed under a real estate firm and legally performs real estate activities for an average of at least 40 hours a week. What term would she properly be called? - Answer -Actively engaged salesperson Josh hired an unlicensed assistant what acti...

Virginia PSI Real Estate Exam Prep 2024 with Solutions Acceleration Clause - Answer -A clause in your mortgage which allows the lender to demand payment of the outstanding loan balance for various reasons. The most common reasons for accelerating a loan are if the borrower defaults on the loan or transfers title to another individual without informing the lender. Adjustable Rate Mortgage (ARM) - Answer -A mortgage in which the interest changes periodically, according to corresponding fluctu...

Virginia psi exam prep by performance programs company Questions and Solutions What is the purpose of Chapter 21 in the Virginia code? - Answer -To present license requirements brokerage relationships and Real Estate Board authorizations Delaney is licensed under a real estate firm and legally performs real estate activities for an average of at least 40 hours a week. What term would she properly be called? - Answer -Actively engaged salesperson Josh hired an unlicensed assistant what acti...