Colibri real estate test Study guides, Class notes & Summaries

Colibri Real Estate Practice Questions & Answers | 100% Correct | Verified 2024 Version Which of the following would be an example of a licensee specializing in business type? - Jim specializes in clients who want to buy restaurants. Which of the following statements is not true? - A broker is not responsible for the acts of independent contractors. Which of these statements is true? - Salespersons must perform all of their activities on behalf of their employing broker. Which of...

Colibri Practice Test Question and answer rated A+ 20233. In real estate, which of the following is correct about the term "title?" ... Taxes and insurance are often prepaid at closing to establish the escrow account. On which page of the Closing Disclosure form will the buyer see an accounting of the escrow account set up? Page two, under other costs On page two of the form, other costs are itemized for buyers and sellers. Taxes, prepaids, and initial escrow payment at closing - u...

Real Estate Principles Final Exam Colibri Questions and Answers 100% Pass Long Beach salesperson Eric Janey is providing sellers Julie and Zach Roberts with the necessary disclosures they must be given upon the sale of real property. Which of the following is NOT a disclosure that is given upon the sale of real property? - Answer- Mold Disclosure Required Lead-based Paint Disclosure Required Natural Hazards Disclosure Required Radon Detection Test Disclosure - NOT REQUIRED IN CA Escrow ...

colibri real estate practice questions and answers 100% correct Which of the following would be an example of a licensee specializing in business type? - Answer- Jim specializes in clients who want to buy restaurants. Which of the following statements is not true? - Answer- A broker is not responsible for the acts of independent contractors. Which of these statements is true? - Answer- Salespersons must perform all of their activities on behalf of their employing broker. Which of the fol...

Colibri Real Estate Exam Questions and Complete Solutions During which stage of a real estate transaction must the licensee remember to impart information to the seller regarding the potential buyer's qualifications and the quality of the offer being presented? - Answer: During the negotiation stage Why should real estate licensees have good knowledge of the loan programs that are currently available from local banks and other lenders? - Answer: Financing is a critical part of the transac...

2024 COLIBRI REAL ESTATE CHAPTER 1 TEST EXAM WITH CORRECT ANSWERS

Colibri Chapter 1, 2, 3 Exam Questions and Complete Solutions The Knowledge of Property Transfer - - Answer: by deed, will, inheritance or the use of contracts, or trusts. Knowledge of Market Conditions - - Answer: the level of listings on the market, how the property may be financed, how quickly property sells and the value of a property Knowledge of How to Market Real Estate - - Answer: techniques that include proper pricing, disclosure to both the buyer and the seller, service to the...

Colibri Practice Test Questions and Answers (Already Scored A+) | Updated

Colibri Real Estate Practice Questions & Answers | 100% Correct | Verified 2024 Version Which of the following would be an example of a licensee specializing in business type? - Jim specializes in clients who want to buy restaurants. Which of the following statements is not true? - A broker is not responsible for the acts of independent contractors. Which of these statements is true? - Salespersons must perform all of their activities on behalf of their employing broker. Which of the fol...

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