Re broker exam - Study guides, Class notes & Summaries

Real Estate Broker Exam Practice questions 2024/2025 A+ score assured (100% verified)

Bundle of rights PUTEE - Possession, Use, Transfer, Exclusion, Encumbrance Real property Real estate (land + manmade attachments) + bundle of rights Legal Title Full ownership of property + bundle of rights Equitable Title Interest that gives the buyer the right to acquire legal title to a property if certain contractual conditions occur. Homestead Rights to principal residence Fee simple Highest form of ownership interest - not limited by lifetime, defea...

RE BROKER EXAM 150 QUESTIONS AND ANSWERS VERIFIED 100% CORRECT

Florida Real Estate Exam Prep (Latest 2023/ 2024 Update) Questions and Verified Answers| 100% Correct| Grade A Q: Broker hiding value of property Could be charged with concealment Q: If office is closed, reopened, in same license period Answer: request a reissue- no fee Q: real estate taxes are Answer: Ad Valorem tax Q: The four factors of production Answer: land, labor, capital, and entrepreneurial ability Q: Maximum number of years on FREC ...

RE Salesperson License requirements? - ANSWER 18 years old, 40 hour class, pass the exam, must affiliate with a broker to practice and may not accept direct client payments Broker's License requirements? - ANSWER 3 years salesperson experience, 40 hour class, pass the exam, $5,000 bond and pay a fee. What is MLS? - ANSWER Multiple Listing Service. It's a marketing tool used by Salespeople to show their listings. Difference between RE Salesperson and RE Broker? - ANSWER Salesperson...

RE Broker Exam.

CCOAK CERTIFICATE EXAM QUESTIONS AND ANSWERS 100% CORRECT!!

RE License Practice Exam - IL Sections with Complete Questions and AnswersRE License Practice Exam - IL Sections with Complete Questions and AnswersRE License Practice Exam - IL Sections with Complete Questions and AnswersRE License Practice Exam - IL Sections with Complete Questions and AnswersRE License Practice Exam - IL Sections with Complete Questions and Answers Who may pay compensation to a broker in IL? - ANSWER-Sponsoring broker Which may be offered to an IL licensee for referring b...

RE Broker Exam

CAM Exam 1 2024 Questions with 100% Correct Answers The Year 1925 - ANSWERSLicense Law enacted and the GREC (Georgia Real Estate Commission) was created to protect from harmful acts of Real Estate brokers. GREC - ANSWERSGeorgia Real Estate Commission; holds 6 members. 1 of which is not RE (real estate) licensed GREC's Authority - ANSWERSCan Issue or Deny RE (real estate) Licenses, Can discipline by revoking, suspending, warning, or fining, Can set rules and regs, and Establishes fees...