Real estate principles e - Study guides, Class notes & Summaries

Certified Pennsylvania Evaluator Exam (CPE) Questions And Answers 2023 Assessor - Correct Answer-Any person responsible for the valuation of real property for ad valorum taxation purposes Duties and Responsibilities of an Assessor - Correct Answer-Discovering, Listing, Valuing Clean & Green - Act 319 - Correct Answer-Has two values, Value in Use and Value in Exchange An Assessor is accountable to whom? - Correct Answer-Himself, taxpayers and all taxing authorities In order for an asses...

Nebraska Real Estate Principles Exam Questions and Answers An agent intending to work with a seller shall provide a written disclosure to such seller that shall contain all of the following EXCEPT: - Answer- a statement that the broker will act as a dual agent The following statements regarding relationships are true EXCEPT - Answer- The licensee by default represents a buyer or tenant. 2. You must have a written contract to represent a seller or landlord. YOUR ANSWER 3. You do not need ...

CA Real Estate Principles Exam Questions and Answers 100% Pass Acre - Correct Answer ️️ -Measures to 43,560 square feet, or 160 rods. Allodial Tenure - Correct Answer ️️ -Type of system where individuals own land Feudal Tenure - Correct Answer ️️ -Type of system where the government/monarchy owns land Treaty of Guadalupe Hidalgo (1848) - Correct Answer ️️ -Signed by Mexico giving California to the USA. 1850 - Correct Answer ️️ -California was admitted to the Union Me...

A ''loss in value from any cause'' is a definition of Depreciation A couple recently married and each person had children from a previous marriage. They wish to take title to property so they can pass their share to their own children by will. The best form of title would be Community Property A valid deed passes title when it is delivered and accepted. In July, Easton bought Rothchild's home through the listing broker, McGrew. After a hard rain in November, the roof developed a ...

Nebraska Real Estate Principles Exam Questions and Answers An agent intending to work with a seller shall provide a written disclosure to such seller that shall contain all of the following EXCEPT: - Answer- a statement that the broker will act as a dual agent The following statements regarding relationships are true EXCEPT - Answer- The licensee by default represents a buyer or tenant. 2. You must have a written contract to represent a seller or landlord. YOUR ANSWER 3. You do not need ...

Periodic Tenancy - correct answerLeasehold estate for a duration of time, not a specific date. Alienation - correct answerThe transfer of ownership or an interest in property from one person to another, by any means. Allodial System - correct answerThe system of land ownership under which anyone can own land. Annexation - correct answerAttaching personal property to land so the law views it as part of the real property Constructive Annexation - correct answerPersonal property associa...

CA Real Estate Principles Exam With Correct Answers 2024. Acre - CORRECT ANSWER Measures to 43,560 square feet, or 160 rods. Allodial Tenure - CORRECT ANSWER Type of system where individuals own land Feudal Tenure - CORRECT ANSWER Type of system where the government/monarchy owns land Treaty of Guadalupe Hidalgo (1848) - CORRECT ANSWER Signed by Mexico giving California to the USA. 1850 - CORRECT ANSWER California was admitted to the Union Metes and Bounds - CORRECT ANSWER De...

Which agency is charged with enforcing fair housing laws and holding all parties accountable for compliance with these laws and regulations? -:- Office of Fair Housing and Equal Opportunity The cost of a parcel of land is 50 cents per square foot. Candace wants to purchase one acre. How much will this cost? -:- $21,780 The power of ______ was commonly used by community redevelopment agencies (CRAs) to acquire blighted properties. -:- Eminent domain All lenders have different under...

Which of the following is part of RECA's commitment to consumer protection? - AnswerWhat are some benefits that mortgage brokerage trade associations offer their members? - Answer- Licensing Standards for mortgage industry members Which entity has the authority to amend the Act? - Answer- Provincial Legislators Which of the following represents an accountability mechanism that RECA must comply with under the Act? - Answer- Previous Fiscal year In addition to mortgage brokerage trade associ...

CA Real Estate Principles Exam Verified Answers Acre Measures to 43,560 square feet, or 160 rods. Allodial Tenure Type of system where individuals own land Feudal Tenure Type of system where the government/monarchy owns land Treaty of Guadalupe Hidalgo (1848) Signed by Mexico giving California to the USA. 1850 California was admitted to the Union Metes and Bounds Describes property by its perimeters and uses a starting point, distance, and direction. (Ex: 30 ft right from large roc...