Act prep exam stuvia - Study guides, Class notes & Summaries

State Portion: NE Real Estate License Exam Prep Questions and Answers The carbon monoxide safety act applies to who? - ANSWER-1. seller of single family dwelling 2. seller of multi-family dwelling 3. owner of single family rental 4. owner of multi family rental The owner of a single OR multi family dwelling (including condos and cooperatives) when selling, or used as rentals, or an independent living facility, that has a fuel-fired heater or appliance, a fireplace or attached garage MUST...

Iowa Real Estate Exam Prep Questions and Answers 100% Pass In Iowa, who administers real estate license law? - ANSWER-Iowa Real Estate Commission The members of the Iowa Real Estate Commission are appointed by the - ANSWER-Governor, subject to senate approval The real estate commission has the authority to - ANSWER-Make and enforce the rules by which all real estate licensees must abide The Iowa Real Estate Commission may undertake an investigation of a licensee based on all of the follo...

Utah Real Estate Exam Prep Questions and Answers Trust accounts are designed for other people's money - ANSWER-True The Real Estate Trust Account can draw interest not to exceed..... - ANSWER-0% According to Utah Law, the earnest money must be deposited within ---- business/banking/working days - ANSWER-3 In the real estate trust account, the broker can deposit no more than ------ of his or her own money - ANSWER-500 If brokers place more than the allowed amount of their own money in ...

PA Real Estate Exam Prep Questions with Correct Answers Which of the following describes the term "appreciation"? A. Kind words expressed to someone about something they did B. An increase in the value of property C. An item of value owned by an individual D. None of the above - ANSWER-B. Appreciation is the increase in the value of a property due to changes in market conditions, inflation, or other causes. When ownership of a mortgage is transferred from one company or individual ...

Maryland Real Estate Exam Prep with 80 Questions and Answers- Study Everywhere 100% Pass Who appoints members to the Maryland real estate commission? A. The State Senate B. The house of Delegates C. The executive director of the Commission D. The governor of Maryland - ANSWER-Answer: The governor of Maryland Which of the following is true concerning the Maryland Real Estate Commission? A. Its members are representative brokers from real estate boards or associations through Maryland B....

CADC I Exam Prep 1 Study Guide Solutions Updated 2024 Characteristics of PCP - ANSWER-Phencyclidine recongized as a hallucinogen, can also act as a stimulant & pain killer. Comes in several forms: powder liquid or tablet. Its often combined with other substances such as LSD or marijuana. Has been used medically as an anesthetic on humans as well as hosres. Steet names are "angel dust" & "horse tranquilizer." Characteristics of LSD - ANSWER-A hallucinogen so strong one the size ...

GA REAL ESTATE EXAM PREP / HARD QUESTIONS AND ANSWERS How often *must* you take continuing education? - ANSWER-*Every 4 years*. In Georgia, which of the following is *NOT* a cost or expense of owning a home? - ANSWER-Taxes on *personal property*. A *Broker's*, license fee costs how much? - ANSWER-*$170* All of the following, exist in Georgia *EXCEPT*. Ad valorem Taxation, Special Assessments, Statutory Right of Redemption, Equitable Right of Redemption - ANSWER-*Statutory Right of Rede...

PA Real Estate Salesperson Exam - State Portion Exam Prep Questions and Answers AGENCY RELATIONSHIP - ANSWER-A relationship whereby the broker or licensees in the employ of the broker act as fiduciaries for a consumer of real estate services by the express authority of the consumer of real estate services. ASSOCIATE BROKER - ANSWER-A broker employed by another broker. BROKER - ANSWER-Any person who, for another and for a fee, commission or other valuable consideration: (1) negotiates wi...

CASPer Test Prep Questions and Answers 100% Pass What are the steps I should follow before answering a question? - ANSWER-BEFORE - Read the question twice. - Gather the facts. DRAFTING - Remain purely objective. Your response should be non-judgemental, non-confrontational, and you should not jump to conclusions. "First, I will remain objective, non-judgemental, non-confrontational, and not jump to any conclusions." - If applicable, mention holding a private conversation with the i...

MO 24-Hour Salesperson Practice Course Exam Prep: Agency Practice Questions and Answers What is buyer agency? - ANSWER-An agreement between a buyer and an agent to provide representation, obligating agent to perform fiduciary duties for the buyer Missouri Broker Disclosure Form - ANSWER-Missouri law requires that this form is given to all potential clients. The form lists the types of agency available in the state and offered by a particular brokerage. What does a buyer agency agreement ...