Pre licensing Study guides, Class notes & Summaries

Azure Tide 2023 Pre-Licensing Final Exam Questions & Complete Answers (With Rationale) Azure Tide 2023 Pre-Licensing Final Exam Questions & Complete Answers (With Rationale) A Real Estate brokerage is a business where sales associates provide real estate services to clients for compensation. - ANSWER- False A Real Estate brokerage is a business where a managing broker oversees the Broker Associate/Sales Associates that work for the brokerage and provide real estate services to clients for ...

Which of the following is NOT a requirement for licensure as a real estate salesperson in Virginia? correct answersBe at least 21 years old. At a Virginia real estate brokerage, who is ultimately responsible for the actions of all its associated licensees and unlicensed employees? correct answersThe principal broke What is the primary purpose of the Residential Property Disclosure Statement? correct answersTo notify buyers that it's their responsibility to discover property condition issu...

Pre licensing Final Exam QuestionRiparian rights - ANSWER Property owner owns land that borders a navigational river. Fixture - ANSWER Once personal property, but now affixed to land or property permanently. IRMA test. Ex. Blinds, fan, cabinets, heating plants, plumbing, light fixtures. Trade fixture - ANSWER Owned by a tenant and attached to real property to do business. Tenant takes with them when leaves. Tenancy in common - ANSWER A parcel of real estate may be owned by two or more p...

Delaware Salesperson Pre-Licensing Course Exam Prep: License Law, Real Estate Interests, and Ownership Questions with Verified Answers Entity that administers license law in Delaware Delaware Real Estate Commission Composition of the Delaware Real Estate Commission Nine members, all appointed by the governor; five are real estate professionals: three brokers (one from each county), one associate broker, and one salesperson; four members from the public at large: one from each county and the las...

Tattoo Oregon Test 2023 EXAM QUESTIONS WITH 100% CORRECT ANSWERS What should you use during a tattoo to clean the skin? a) madacide b) antiseptic c) green soap d) alcohol - ANSWERS antiseptic What does 'clean' mean? a) an area that has been cleaned with soap and water b) single use equipment c) absence of soil and dirt by washing, sweeping, clearing away, or any other appropriate method rendering a sanitary condition d) someone who is free of disease or has been ...

Delaware Salesperson Pre-Licensing Course Exam Prep: License Law, Real Estate Interests, and Ownership Flashcard Set Questions and Answers 100% Correct Entity that administers license law in Delaware - Correct Answer ️️ -Delaware Real Estate Commission Composition of the Delaware Real Estate Commission - Correct Answer ️️ -Nine members, all appointed by the governor; five are real estate professionals: three brokers (one from each county), one associate broker, and one salesperson...

NC Real Estate Law & Brokerage Practice, Real Estate Pre-licensing vocabulary, Pre License Real Estate, Real Esta manufactured home - ANSWER aka mobile home or trailer. personal property that becomes real property when hitch and axles are removed, home is permanently attached and DMV title is canceled. Built to federal HUD building codes. Y3 modular home - ANSWER never movable by itself; always real property once it has been assembled. Built to NC state building codes. Y3 fructus naturale...

Risk 2 types - Answer Speculative - not designed for insurance coverage (gain/loss) Pure - only possibility of loss (Death, Illness) Valued Contract - Answer Pays a stated amount in the event of occurrence - life insurance Reimbursement contract - Answer pays back certain $$ based on loss (Auto Insurance) Third Party Contract - Answer Policy owned by someone other than the insured - husband buys life ins on wife Peril - Answer cause of a loss - fire flood Hazard (2...

Barbara's policy includes a rider which allows her to purchase additional insurance at specific dates or events without evidence of insurability. This rider is called a(n) Answers>>Guaranteed insurability rider A guaranteed insurability rider allows for the insured to purchase additional insurance at specific dates or events without evidence of insurability. Disability Income plans which require that the insurer can NEVER change or alter premium rates are usually considered Answers&...