State farm property final - Study guides, Class notes & Summaries

Super-Duper Texas Adjuster License Final Exam Solved Questions With Revised Correct Detailed Answers 1. What is a hazard? - ANSWER risk of loss of property situations or behaviors that increase the 2. Insurance: Name the three kinds of hazards and give an example of each - ANSWER 1) Physical -- large hole in the front yard where someone could step in and hurt themselves 2) Morale -- leaving a home with the doors unlocked and the windows opened 3) Moral -- embezz...

Go To Traffic School Final Exam Questions and Answers Which of the following is not a major contributor to traffic congestion? pedestrians Which of the following is a necessary step to take in the event of a blowout? All of the above When sharing a roadway with bicyclists what is the most common mistake that motorists make? Turning left when bicyclists are approaching Which of the following should you not do in the event of an accident? If it seems minor there is no reason to stop Which of t...

DONALDSON FINAL EXAM REAL ESTATE PRINCIPAL EXAM BANK |2024 QUESTIONS AND ANSWERS The amount of commission charged a client is established - In negotiation between broker and seller. A deposit in a typical Real Estate transaction - Must be maintained by the broker In the brokers designated escrow Account. When the association of an associate broker or salesperson is terminated with their firm for any reason, the broker must return the license to the LREC: - With in 5 days ...

Florida Real Estate Class Final Exam Questions and Answers 100% Pass A Business Broker - Correct Answer ️️ -Specializes in the sale, purchase or lease of businesses. Is required to have a real estate license and may be licensed as a real estate broker or sales associate Follow-Up is - Correct Answer ️️ -Keeping in contact with the new owner after the closing of the sale A builder constructs a house on an owner's lot according to the owner's plans and specifications. This is cal...

State Farm Property Final Exam 2023...

Succession Succession: - This aspect of law deals with what happens to an estate (the assets you leave behind) after you pass away. - Estate = the assets, obligations, liabilities, debts, etc. that you leave behind. - Inheritance = what is left once all the debts and liabilities have been paid. - Succession determines who qualifies to inherit. There are 2 types of succession: - 1) Testate = dealing with wills. - 2) Intestate = dealing with no wills. Terminology: - Deceased = person w...

Florida Real Estate Class Final Exam Questions and Answers 100% Pass A Business Broker - Correct Answer ️️ -Specializes in the sale, purchase or lease of businesses. Is required to have a real estate license and may be licensed as a real estate broker or sales associate Follow-Up is - Correct Answer ️️ -Keeping in contact with the new owner after the closing of the sale A builder constructs a house on an owner's lot according to the owner's plans and specifications. This is cal...

New York Adjuster Exam Questions and Answers Graded A+ (2024/2025) The insured has moved into a dwelling that was being build and was covered by the "Dwelling Under Construction" endorsement. How long does the insured have to report his / her occupancy to the insurance company? 30 days When a New York Homeowners policy is still in the 60-day underwriting period, the insurer may cancel it for any reason by providing a ______ notice. 30 day Personal property that is covered under the Person...

Civil Service practice for Louisiana state Exam 150 Questions with Verified Answers Which of the following statements is true regarding Purchase Agreements? Select one: a. They must have a definite expiration date. b. They do not have to have an expiration date. c. A copy must be filed with the Real Estate Commission. d. A copy must be retained by the broker for 10 years. - CORRECT ANSWER They must have a definite expiration date. Under what conditions may a person or comp...