Missouri real estate Study guides, Class notes & Summaries

A person performing real estate activities in Missouri, under the judgment or order of a court, such as a trustee in a bankruptcy, is ______. A. Not required to have a real estate license B. to have a broker license C. Required to have at least a Broker-salesperson license D. Required to have at least a salesperson license - A. Not required to have a real estate license Which of the following lists all the parties who must sign a Missouri buyer representation agreement? A. The buyer B. T...

MISSOURI REAL ESTATE - STATE PORTION ONLY/ EXAM REVIEW QUESTIONS AND ANSWERS, GRADED A+ In the event of the death or incapacity of a licensed broker: - -May issue a temporary broker license to individual approved by the commission What is the maximum fine for violations the commission my charge? - -$25,000 The commission will not here what kind of complaints? - -Commission disputes between licensees A real estate cannot work without what? - -A workers permit issued by the Real Estate Com...

Missouri Real Estate Practice Exam Questions With 100% Verified Answers A farmer sold his farm. Several months later the farmer was able to go back and harvest the crops he planted. The crops are called: - answerEmblements A bill of sale would be the document used to convey what? - answerA refrigerator A commercial tenants lease was about to expire. The tenant wanted to remove some shelving that he had installed. Could he do this? - answerYes, if he removes the shelves before the lease ex...

Missouri Real Estate Broker Exam (2023) | Questions & Answers (100% Verified)Missouri Real Estate Broker Exam (2023) | Questions & Answers (100% Verified)Missouri Real Estate Broker Exam (2023) | Questions & Answers (100% Verified)Missouri Real Estate Broker Exam (2023) | Questions & Answers (100% Verified)Heterogeneity or Nonhomogeneity - ANSWER - Every parcel of land is different Immobility - ANSWER - Location of a parcel of land can never be changed Durable - ANSWER - Refers to land tha...

Which of the following is a true statement about investigations into licensees once a complaint has been filed with the MREC? A. Licensees are required to respond to the complaint in writing and make records available to the MREC. B. The Administrative Hearing Commission is responsible for investigating the matter to determine whether it's likely that the licensee violated license law. C. The MREC has the authority to conduct a formal hearing to determine whether the licensee has violated ...

Missouri Real Estate - State Portion Only Questions and Answers 100% Pass In the event of the death or incapacity of a licensed broker: May issue a temporary broker license to individual approved by the commission What is the maximum fine for violations the commission my charge? $25,000 The commission will not here what kind of complaints? Commission disputes between licensees A real estate cannot work without what? A workers permit issued by the Real Estate Commission When do licensee's ne...

Missouri Real Estate 48 Hour Course Unit Quizzes MO Law

Missouri Real Estate Practice Exam

Missouri Real Estate Practice Exam Questions and answers new update

Title - ANSWER-Bundle of rights, ownership Deed - ANSWER-Transfers real property rights; Transfers title to a property from one person to another 3 ways to transfer title - ANSWER-Sell, will or steal Taxation - ANSWER-Government can take property if you don't make payments Easement - ANSWER-Railroads and electric companies can use the property to supply utilities. Being allowed to cross over, servitude Land - ANSWER-Spot on the Earth that goes down to the center and up to infinit...