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Florida Real Estate STATE exam Questions and Answers 100% Pass The best protection that the public has during a Real Estate transaction is (are) A. The national and state association of REALTORS B. The punishment of licensees dealing dishonesty C. the high ethical standards of real estate agents D. FREC and the license law D. FREC and the license law A group license A. allows a broker to have a branch office B. allows a sales associate to work for more than one broker C. may be held by a...

Buyer Representation Agreement Correct Answer An employment contract obligating a broker to act as a fiduciary to a buyer Implied Agency Correct Answer Agency as a result of customary, usual or typical conditions Broker Correct Answer A properly licensed party who serves a principal in an agency relationship- also called an agent Client Correct Answer A party represented by a broker in an agency relationship - also called a principal Duties of an Agent Correct Answer An agent owes hi...

PA Exam 3 with 100% Correct Answers 2023 Which of the following are NOT grounds in Pennsylvania for revoking a broker's license? A Being convicted of a felony B Agreeing with the seller to accept a commission that is more than the standard rate C Depositing an earnest money check into the broker's personal account D Advertising as a member of the Pennsylvania Association of Real Estate Professionals when the broker is not really a member - Correct Answer-B It is perfectly legal to agr...

Notary Public IN.Biz Course (Indiana) Questions and Answers Rated A+ The _____, or brief description of the document title The date and ____ of notarization time The ________ name of each signer Printed The ____ of notarization type The ____ of the document date Right/Wrong Answer Board RIGHT: * You must take a course on Notary duties and responsibilities * You do not need to reside in the state to be a Notary as long as you are primarily employed in Indiana * US citizens and Legal Permanen...

Buyer Representation Agreement - ANSWER-An employment contract obligating a broker to act as a fiduciary to a buyer Implied Agency - ANSWER-Agency as a result of customary, usual or typical conditions Broker - ANSWER-A properly licensed party who serves a principal in an agency relationship- also called an agent Client - ANSWER-A party represented by a broker in an agency relationship - also called a principal Duties of an Agent - ANSWER-An agent owes his client obedience, loyalty, d...

Real Estate U Pass the NY State Exam 2023-2024 Questions and Answers (Graded A)Real Estate U Pass the NY State Exam 2023-2024 Questions and Answers (Graded A)Real Estate U Pass the NY State Exam 2023-2024 Questions and Answers (Graded A)Real Estate U Pass the NY State Exam 2023-2024 Questions and Answers (Graded A)The Department of State - ANSWER-- Primarily responsible for issuing real estate licenses, pocket cards, and handing down disciplinary action - Provides advertising guidelines for bro...

Real Estate Exam FL Sales Associate Questions and Answers 100% Pass Absentee Owner - Correct Answer ️️ -A property owner who does not reside on the property and who usually relies on a property manager to oversee the investment Abstract of Title - Correct Answer ️️ -A compilation of the recorded documents relating to a parcel of land from which an attorney may give an opinion as to the condition of title (a history of title) Acceleration Clause - Correct Answer ️️ -A condition...

The Department of State - correct answer - Primarily responsible for issuing real estate licenses, pocket cards, and handing down disciplinary action - Provides advertising guidelines for brokers Article 12-A of the NYS Real Property Law - correct answer Outlines the roles/duties of the Department of State Commissions - correct answer - Commissions are paid by the client (buyer or seller depending on the transaction) to the brokers involved in the transaction. - A typical commissio...

Champions School of Real Estate - Exam Prep with Correct Solutions 2024 Buyer Representation Agreement - Answer -An employment contract obligating a broker to act as a fiduciary to a buyer Implied Agency - Answer -Agency as a result of customary, usual or typical conditions Broker - Answer -A properly licensed party who serves a principal in an agency relationship- also called an agent Client - Answer -A party represented by a broker in an agency relationship - also called a principal Du...

What is your status under the Internal Revenue code - Answer A statutory non-employee What is your status under NY Law, and where you are supervised by a Broker - Answer Independent Contractor How long are records to be maintained for - Answer 3 years Where do we get our license from - Answer NY State Department of State Division of Licensing Services How many hours of classes does a salesperson need? Broker? - Answer Salesperson = 75 / Broker = 120 What are the age requ...