Principal broker - Study guides, Class notes & Summaries
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Aceable Law of Agency Review Exam Questions with 100% Correct Answers
- Exam (elaborations) • 11 pages • 2024
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Aceable Law of Agency Review Exam 
Questions with 100% Correct Answers 
Here are the four major types of agency acts: - answerListing 
Buying 
Leasing 
Property Management 
TREC's purpose is to - answerregulate educational and licensing programs that maintain 
standards AND interpret legislation that affects the real estate profession — primarily the Texas 
Real Estate License Act (TRELA). 
Integrity - answerSatisfy to the commission (TREC) that the candidate meets and exceeds 
their characte...
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COLORADO EXAM REAL ESTATE STATE PORTION QUESTIONS AND ANSWERS, GRADED A+/ VERIFIED.| latest update 2024/25|
- Exam (elaborations) • 14 pages • 2024
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COLORADO EXAM REAL ESTATE STATE PORTION QUESTIONS 
AND ANSWERS, GRADED A+/ VERIFIED. 
When must earnest money be deposited? 
Not later than the third business day after notice to buyer of acceptance. 
When a real estate broker is preparing a contract for the sale of real estate in respect of when a building 
permit was issued prior to January 1, 1978, the agreement will be: 
Void unless a completed Lead-Based Paint Disclosure is completed and signed by both the licensees to the 
transaction a...
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Unit 3 - Virginia License Law and Math Practice Exam With 100% Correct Answers 2024
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Unit 3 - Virginia License Law and Math 
Practice Exam With 100% Correct Answers 2024 
____ leases have "automatic renewal" clauses, stating that the lease will automatically renew 
with the same terms unless one of the parties notifies the other party in writing within a 
specified number of days before the termination of the lease. 
all 
most 
few 
none - answermost 
Phillip advised his clients they needed to paint their master bedroom before showing the 
property. The walls of this room were...
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Oregon Broker PSI Exam 2024 Questions and Answers 100% Accurate!
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How long must real estate documents be kept? - ANSWER-6 years, from the date the transaction was accepted, rejected, or withdrawn 
 
Who approves advertising? - ANSWER-Principal broker 
 
When should the principal broker review brokers documents? - ANSWER-7 days of the document's acceptance, rejection or withdrawal. The PB must sign and initial at the time of review 
 
How long must you keep attendance and continuing records? - ANSWER-3 years everything else regarding business for 6 years 
 
Wh...
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Real Estate U Final Exam Study Guide
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Real Estate U Final Exam Study Guide 
 
The section of the New York Real Property Law 
pertaining to real estate salespersons and brokers. 
- Primary purpose is to "Protect the Public" 
- Requires a salesperson to be at least 18 years of age 
- Requires a broker to be at least 20 years of age 
 
A licensed real estate broker that holds the license of a salesperson. 
 
Obtained after your register for the New York State 
Salesperson exam using eAccessNY. You must bring this with 
you when takin...
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NY Real Estate Exam questions and answers latest top score.
- Exam (elaborations) • 17 pages • 2024
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According to the New York State real property law, a real estate salespersons license is issued for a term of how many years? - ans 2 years 
 
2. What type of residential real property transfer would require a property condition disclosure statement? - ans Newly constructed property that has not been previously inhabited 
 
3. What happens to the licenses of salesperson's if they're sponsoring broker's license is revoked or suspended? - ans They are suspended 
 
4. A listing broke...
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NY Life, Accident, and Health Insurance Agent/Broker Exam Series 17-55 actual exam
- Exam (elaborations) • 45 pages • 2024
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NY Life, Accident, and Health Insurance 
Agent/Broker Exam Series 17-55 actual 
exam 
Process 2103 (d-i) - CORRECT ANSWER-1. The Superintendent may issue a license 
to any person, firm or corporation who has complied with the requirements of the 
Insurance Code, authorizing the licensee to act as agent of any authorized insurer. 
Every individual applicant for a license under this section and every proposed sublicensee must be 18 years of age or older at the time of issuance of such licens...
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New York real estate exam 2024
- Exam (elaborations) • 9 pages • 2024
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New York real estate exam 2024 
The name of the statue that protects the public from unscrupulous salespersons and brokers is - 
Answer ️️ -Article 12 of the real property law 
A real esate brokers license term is - Answer ️️ -2 years 
To become a real estate salesperson in new york one must - Answer ️️ -Find a sponsoring 
broker 
The end of a license term for a real estate person is - Answer ️️ -2 years from issue date 
If a brokers license is revoked the salespersons license - ...
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Hondros- Ohio Real Estate Principles and Practices Study Questions with Answers (Verified Answers)
- Exam (elaborations) • 22 pages • 2023
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Hondros- Ohio Real Estate Principles and Practices Study Questions with Answers (Verified Answers) 
When may a person use the term REALTOR? 
What are advantages to a career in real estate sales? 
 
What is a disadvantage of a career in real estate sales? 
Most sales persons are hired as? 
 
Which is an area of specialization within real estate sales? 
The professional organization new licensees must join if their sponsoring broker is a member is the...... 
A real estate property manager Un...
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California Real Estate Exam: Questions & Answers Latest Update 2023/2024 100% Verified
- Exam (elaborations) • 48 pages • 2023
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California Real Estate Exam: Questions & Answers Latest Update 2023/2024 100% Verified. Reed vs. King Case 
(Ans- Must disclose death (and manner of death) on a property if occurs 
within 3 years, except AIDS 
Jones vs. Mayer Supreme Court Decision (1968) 
(Ans- Racial discrimination not allowed (whether selling or buying) in all 
PRIVATE property transactions (based on Civil Rights Act of 1968) 
Easton vs Strassburgar 
(Ans- Seller disclosures to third parties AND agent visual inspection of all...
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