Ms real estate Study guides, Class notes & Summaries

An applicant for a broker's license must pass National exam with _____ and state exam with ____ - Answer 75% national exam 80% state exam An applicant for a salesperson's license must pass national exam with _____ and state exam with ____ - Answer 70% national exam 75% state exam 2 points in regards to an application fee are: - Answer 1- an application fee must accompany the application 2- it will not be refunded after exam has been scheduled Where will test take place? - Ans...

Property Ownership - ANSWER An item that has a legal owner, along with the attendant rights to legal ownership. Real Property - ANSWER Ownership of real estate and the bundle of rights associated with owning real estate. Personal Property - ANSWER Ownership of anything which is not real estate, and the rights associated with owning the personal property item. Chattel or Personalty - ANSWER Also known as Personal Property. Real Estate - ANSWER Air, water, land, and everything affixed...

TEXAS REAL ESTATE BROAKERAGE SAE FINAL EXAMS AND PRACTICE EXAMSAND STUDY GUIDE EXAMS WITH ACTUAL CORRECT QUESTIONS AND VERIFIED DETAILED RATIONALE ANSWERS 2024 (NEWEST) ALREADY GRADED A+

ILLINOIS REALESTATE LEASING AGENT EXAMS 2024 WITH ACTUAL CORRECT QUESTIONS AND VERIFIED DETAILED RATIONALESANSWERS BYEXPERTS |FREQUENTLYTESTED QUESTIONS AND SOLUTIONS |ALREADY GRADEDA+|LATEST UPDATE

Can the MREC issue Subpoena? - Answer • YES • Call witnesses from all over state Purpose of the MREC - Answer • Regulating real estate activities in MS • Protect the comsumer MREC Board members and requirements - Answer o 5 members - 4 year terms - no term limits o Must be actively licensed brokers for 5 years o Resident of the state for 6 years o Meet monthly to discuss Complaints Conduct investigations regarding rule violations Monitor real estate commerce betwee...

A buyer purchasing a pre-construction condominium is required to place a ____________ with the builder to hold the specific unit until it is ready to be occupied. - Deposit A common element condominium must be a __________ condo and not a vacant land or a phased condominium. - Freehold A copy of the condo's __________ must be registered in the Land Registry Office. - Bylaws A developer is not permitted to terminate an agreement without the buyer's consent unless by way of a _____________...

MS Real Estate State Complete Questions & Answers(RATED A)

An applicant for a broker's license must pass National exam with _____ and state exam with ____ - Answer 75% national exam 80% state exam An applicant for a salesperson's license must pass national exam with _____ and state exam with ____ - Answer 70% national exam 75% state exam 2 points in regards to an application fee are: - Answer 1- an application fee must accompany the application 2- it will not be refunded after exam has been scheduled Where will test take place? - Ans...

Promulgated Contract Forms - Quizzes & Exams (Texas Real Estate - Allied Schools) – Q&A

ILW1501 Exam 2023 answers may/june (uploaded at 10:04 2023/06/06) QUESTIONS ASKED. Which one of the following is a natural person in terms of South African law? a company an ordinary human being an association of people a church Clear my choice Question 2 Not yet answered Marked out of 2.00 Flag question Question text Read the following scenario and answer the question that follows: Lizelle is an animal rights activist. She regards the hunting of wildlife as unethical and she oft...