Wra exam - Study guides, Class notes & Summaries

WRA EXAM STUDY GUIDE

WRA EXAM QUESTIONS AND ANSWERS

WRA Exam Questions and Answers 100% Pass 0-Bedroom Dwelling Any residential dwelling in which the living area is not separated from the sleeping area Abstract of Title A condensed history of a property's title showing, in chronological sequence, matters such as conveyances, liens, and encumbrances that have been recorded against the title in the office of the register of deeds or other public recording place Acceleration Clause A clause within a mortgage permitting a lender to accelerate the ...

WRA EXAM QUESTIONS WITH CERTIFIED SOLUTIONS

WRA EXAM QUESTIONS

WRA Exam Questions with verified solutions | Already Passed

WRA Exam Questions with verified solutions | Already Passed

WRA EXAM QUESTIONS WITH COMPLETE SOLUTIONS

WRA EXAM QUESTIONS & ANSWERS | LATEST UPDATE A buyers uses a buyers licensee to draft an offer. The WB-11 residential offer to purchase directs the buyer's licensee to make the earnest money check payable to the: A. Buyers firms trust account B: selling firms trust account C: sellers account D: Listing firms trust account - ANSWER : listing firms trust account Explanation: " Which of the following is the type of agency model where the firm represents just the seller in the t...

The WB-11 Residential Offer to Purchase describes which of the following as the way an earnest money payment should be handled as a result of a sale involving cooperating firms? - CORRECT ANSWER-The selling licensee should have all earnest money checks paid directly to the listing firm... Explanation: The Earnest Money section of the offer states: "Unless otherwise agreed, earnest money shall be paid to and held in the trust account of the listing broker." An appraisal would most likely ...