Psi real estate contracts - Study guides, Class notes & Summaries

PSI Real Estate National Exam |UPDATED| #Latest A written agreement in which a purchaser agrees to buy and a seller agrees to sell is called *Ans* a contract Antitrust laws prohibit competing brokers from all of the following *Ans* 1. boycotting other brokers in the marketplace. 2. dividing the market to restrict competition. 3. agreeing to set sales commissions and management rates. When a sewer line is installed down a rural road, the cost will probably be shared by *Ans* all curr...

(Answered) PSI Real Estate Exam - Contracts Acceptance 1. Agreeing to the terms of an offer to enter into a contract, thereby creating a binding contract. 2. Taking delivery of a deed. Consideration Anything of value, such as money, services, goods, or promises, given to induce another to enter into a contract. Sometimes called valuable _________ Contingency Clause A provision in a contract or deed that makes the parties’ rights and obligations depend on the occurrence (or nonocc...

PSI National Exam for Real Estate Test Bank with complete solutions | Latest 2024 A written agreement in which a purchaser agrees to buy and a seller agrees to sell is called a contract Antitrust laws prohibit competing brokers from all of the following 1. boycotting other brokers in the marketplace. 2. dividing the market to restrict competition. 3. agreeing to set sales commissions and management rates. When a sewer line is installed down a rural road, the cost will probably be shared...

PSI National Exam for Real Estate Test Bank with complete solutions | Latest 2024 PSI National Exam for Real Estate Test Bank with complete solutions | Latest 2024 A written agreement in which a purchaser agrees to buy and a seller agrees to sell is called a contract Antitrust laws prohibit competing brokers from all of the following 1. boycotting other brokers in the marketplace. 2. dividing the market to restrict competition. 3. agreeing to set sales commissions and management rates...

PSI NJ Real Estate Exam / PSI Practice Test - Q & A The Equal Credit Opportunity Act addresses all of the following EXCEPT a. discrimination in lending b. written statements of credit denial c. acceptable factors for borrower analysis d. standardization of interest rates Under the terms of their listing contract, the owners may sell their house themselves and pay no commission. If their agent sells it, a commission will be due. What kind of listing contract do the owners have? exclusive agency...

PSI National Exam for Real Estate Exam Questions and Answers A written agreement in which a purchaser agrees to buy and a seller agrees to sell is called - Answer-a contract Antitrust laws prohibit competing brokers from all of the following - Answer-1. boycotting other brokers in the marketplace. 2. dividing the market to restrict competition. 3. agreeing to set sales commissions and management rates. When a sewer line is installed down a rural road, the cost will probably be shared by ...

PSI Salesperson Real Estate Practice Exam Version 1 (2023/ 2024 Update) | Questions and Verified Answers|100% Correct Q: Federal Truth-in-Lending laws are also known as 1. the Freedom of Information Act. 2. the Equal Credit Opportunity Act. 3. Regulation Z. 4. Title VIII. Answer: Regulation Z. Q: The FHA functions MOST like 1. a bank or savings and loan association. 2. a mortgage company. 3. an investment group. 4. an insurance company. Answer: an insurance compan...

THE CODE, Oregon Real Estate Exam (PSI) Questions & Answers, 100% Accurate. Graded A+ The buyer asks if there are any sex offenders in the neighborhood. The agent's MOST appropriate response would be to: - -give the buyer the website address so the buyer can look up that information A developer intends to subdivide a large parcel of land and is in the process of land planning. He has determined the geographic boundaries of the individual lots and how the streets as the development w...

THE CODE, Oregon Real Estate Exam (PSI) Questions & Answers, 100% Accurate, graded A+/ The buyer asks if there are any sex offenders in the neighborhood. The agent's MOST appropriate response would be to: - -give the buyer the website address so the buyer can look up that information A developer intends to subdivide a large parcel of land and is in the process of land planning. He has determined the geographic boundaries of the individual lots and how the streets as the development ...

PSI exam questions & answers 2023/2024 what would prevent a seller from providing marketable title - ANSWER-Mechanics lien the seller has required that the buyer must use his title insurance company and that brokers reduce their portion of the real estate commission, increasing the sellers net proceeds - ANSWER-This is illegeal according to respa If a license mentions MLS when advertising, the advertisement must include - ANSWER-the name of the MLS According to the New Jersey Real ...