Kentucky real - Study guides, Class notes & Summaries

Kentucky Real Estate Mock Test 1 Already Graded A+ A $450,000 sale price was obtained from a 12% capitalization rate. What was the gross income when the total expenses were 15% of the gross? ️$63,529.41 Step 1 $450,000 x 12% = $54,000 Step 2 100% - 15% = 85% Step 3 $54,000 ÷ 85% = $63,529.41 A borrower purchased mortgagee's title insurance on a property. After the final payment was made on the mortgage, a title defect was found. The borrower would have recourse through the ️...

Kentucky Real Estate Mock Test 1 Questions And Answers Rated A+. If a broker's branch office is 75 miles from his main office, the person managing this branch office must: - correct answer. Have been licensed for 2 years averaging 20 hours per week in the business. Which of the following is NOT true regarding a sale-leaseback? - correct answer. The ownership of the property never transfers. Dino owns property rights located on Lake Michigan where he docks his ya...

KENTUCKY REAL ESTATE FINAL EXAM LATEST 2024 WITH ACTUAL QUESTIONS AND CORRECT VERIFIED ANSWERS/ALREADY GRADED A+ 100% GUARANTEED TO PASS CONCEPTS(ALL WHAT YOU NEED) LATEST EDITION 2024

Kentucky Real Estate Exam Guide Questions and CORRECT Answers Equal Credit Opportunity Act - CORRECT ANSWER- Sex Marital Status Color National Origin Race Religion Age Truth in Lending Act - CORRECT ANSWER- purpose is to provide standard disclosure procedures that all lenders must follow

Kentucky Real Estate Practice Final One With complete solution Newest

Kentucky Real Estate Mock Test 1 Complete Questions And Answers

Kentucky Real Estate Principles - Final Practice Test Graded A A 90-day listing agreement is a type of _____. ️Special Agency A broker induces an owner to sell by telling him that Muslims are moving into the neighborhood. This broker is guilty of _____. ️blockbusting. A party with all ownership rights in a property is said to hold ______. ️Legal title A party's failure to perform a specific action or obligation included in a written contract can later be construed as what by t...

Jerry and Simon signed a contract so that Jerry could purchase all of Simon's restaurant equipment for one price after Simon closes his restaurant next month. The contract contains a provision that states Jerry has one year from the purchase date to file a suit relative to the purchase. After the year is up, Jerry forfeits the right. What kind of contract clause is this? A. Specific time B. Statute of limitations C. Time is of the essence D. Time of performance - Statute Of Limitations ...

If a broker's branch office is 75 miles from his main office, the person managing this branch office must: - correct answer Have been licensed for 2 years averaging 20 hours per week in the business. Which of the following is NOT true regarding a sale-leaseback? - correct answer The ownership of the property never transfers. Dino owns property rights located on Lake Michigan where he docks his yacht. His water rights are called: - correct answer Littoral rights Which of the following i...

Kentucky Real Estate Mock Test 1 Exam With 100% Correct Answers 2023