A salesper - Study guides, Class notes & Summaries

Virginia Salesperson's License Study Guide What is the penalty for violating the disclosure provisions of the Virginia Dealer Licensing Act's "As Is" law? A. A $1,000 fine. B. The customer may return the vehicle. C. A 10 day suspension of the dealer's license. D. Both A and B above. - Answer ️️ -D. Both A and B above Vehicles can be sold in Virginia "As Is" if A. A Buyers Guide is completely filled out, signed, and dated by the buyer. B. The dealer provides the buyer, prior t...

Real Estate Salesperson California State Exam Questions and Answers 100% Pass Which of the following is most vital or important in planning a subdivision: - Correct Answer ️️ -Market Analysis When rent is computed on the gross sales of a business occupying real property, the lease is correctly termed: - Correct Answer ️️ -Percentage Lease What is not an adequate method of transferring property? - Correct Answer ️️ - Executive Sale What is considered personal property? - Corre...

Deeds - How RE is transferred or conveyed -legal document that transfers title or ownership -receipt for RE Valid deed must contain: § Must be written § Grantor must be legally competent § Must name the grantee § Exchange of consideration § Complete and accurate description of the land § Granting clause § Delivery and acceptance habendum clause Master01 | November, 2024/2025 | Latest update 1 | P a g e | © copyright 2024/2025 | Grade A+ used in a deed if the int...

Virginia Salesperson's License Study Guide with Complete Solutions

Which of the following is most vital or important in planning a subdivision: - Market Analysis When rent is computed on the gross sales of a business occupying real property, the lease is correctly termed: - Percentage Lease What is not an adequate method of transferring property? - Executive Sale What is considered personal property? - Existing Mortgage If an income property is valued at $100,000 based on an 8% capitalization rate, what would be the value of the property if a 10% return i...

What is the penalty for violating the disclosure provisions of the Virginia Dealer Licensing Act's "As Is" law? A. A $1,000 fine. B. The customer may return the vehicle. C. A 10 day suspension of the dealer's license. D. Both A and B above. - ANSWER-D. Both A and B above Vehicles can be sold in Virginia "As Is" if A. A Buyers Guide is completely filled out, signed, and dated by the buyer. B. The dealer provides the buyer, prior to the sale, a separate written disclosure as to the ...

What is the penalty for violating the disclosure provisions of the Virginia Dealer Licensing Act's "As Is" law? A. A $1,000 fine. B. The customer may return the vehicle. C. A 10 day suspension of the dealer's license. D. Both A and B above. - ANSWER-D. Both A and B above Vehicles can be sold in Virginia "As Is" if A. A Buyers Guide is completely filled out, signed, and dated by the buyer. B. The dealer provides the buyer, prior to the sale, a separate written disclosure as to the ...

encumberance the term used to refer to restrictions that limit real property public limitations limitations on what property owners can do with their real estate, P.E.T.E Police power the right of the government to regulate privacy activity it its in the public interest to do so eminent domain the right of the government to force the sale of privately owned property if its in the public interest. under the 5th amendment of the constitution the government must pay the owner fair ...

Virginia Salesperson's License Study Guide latest updated What is the penalty for violating the disclosure provisions of the Virginia Dealer Licensing Act's "As Is" law? A. A $1,000 fine. B. The customer may return the vehicle. C. A 10 day suspension of the dealer's license. D. Both A and B above. - ANSWER ️️ D. Both A and B above Vehicles can be sold in Virginia "As Is" if A. A Buyers Guide is completely filled out, signed, and dated by the buyer. B. The dealer provides the ...

Virginia Salesperson's License Study Guide What is the penalty for violating the disclosure provisions of the Virginia Dealer Licensing Act's "As Is" law? A. A $1,000 fine. B. The customer may return the vehicle. C. A 10 day suspension of the dealer's license. D. Both A and B above. - Answer ️️ -D. Both A and B above Vehicles can be sold in Virginia "As Is" if A. A Buyers Guide is completely filled out, signed, and dated by the buyer. B. The dealer provides the buyer, prior t...