Tax associate - Study guides, Class notes & Summaries

Tax Associate HRB 100 QUESTIONS WITH SOLVED SOLUTIONS ALREADY PASSED

Where is license law written? o :## Article 12A Under NYS Real Property Law, when Dept. of State revokes a salesperson's license, the salesperson can't be relicensed until how much time has expired? o :## 1 year If a broker's license is taken away, what happens to the salespersons who work for him? o :## Their licenses are suspended until they associate with a new broker. What could happen to somebody who breaks Article 12A? o :## Loss of license, $1000 fine, and year in jail. Is vi...

Where is license law written? - correct answer Article 12A of NY State Real Property Law Who is responsible for administrative discipline of real estate licensees? - correct answer Department of State (DOS) or Secretary of State Under NYS Real Property Law, when Dept. of State revokes a salesperson license, the salesperson can't be relicensed until how much time has expired? - correct answer 1 year If a broker's license is revoked, what happens to the salespersons who work for h...

45 Hour Post License Real Estate Florida Test Questions With Answers Latest Updated 2024/2025 (100% Correct) The three types of operating expenses of an income property are A) fixed, debt service, and reserves for replacements. B) reserves for replacements, fixed, and variable. C) variable, income taxes, and fixed. D) reserves for replacements, variable, and income taxes. correct answers B) reserves for replacements, fixed, and variable. Explanation Operating expenses are divided into...

STC SIE Exam Final Practice Questions and Answers Already Passed Which aspect of periodic payment variable annuities remains unchanged for the holder? A. The quantity of annuity units held by the client remains constant. B. The total number of accumulation units for the client remains fixed. C. Annuity agreements do not include beneficiaries. D. The monthly payment amount adjusts according to the inflation index. A. The quantity of annuity units held by the client remains constant. ...

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 ...

Test Bank for Statistical Reasoning for Everyday Life, 5th edition by Jeff Bennett, William Briggs, Mario Triola||All Chapters||Latest & Updated Version 2024 A+ ONLINE TEST BANK STATISTICAL REASONING FOR EVERYDAY LIFE FIFTH EDITION Jeffrey Bennett University of Colorado at Boulder William L. Briggs University of Colorado at Denver Mario F. Triola Dutchess Community College Contents Chapter 1 Speaking of Statistics.........................................................................

According to IRS code, licensed re agents are: CORRECT ANSWER statutory non-employees who are treated as independent contractors for tax purposes Each licensed broker shall keep and maintain records for: CORRECT ANSWER 3 years Brokers can provide ______, but salespersons are responsible for _____ incurred CORRECT ANSWER office and supplies, expenses Who issues real estate licenses CORRECT ANSWER NY State Dept of State's Division of Licensing Services associate real estate brokers CO...

Which is NOT permitted under the do-not-call rules? - ANSWER Using the registry to find prospects for marketing calls Which term is found in the Junk Fax Protection Act? - ANSWER Established business relationship A sales associate must give a brokerage relationship disclosure to a customer when selling - ANSWER a residential condominium as a single agent A person who wants to be a certified lead paint renovator must - ANSWER successfully complete an 8-hour training course offered by an ...

If the offer was excepted and while in escrow, the escrow officer notifies the party that a cloud on title is discovered, buyer can choose all but one of the followin A) sue to quiet title B) refuse to deal and demand a refund of deposit C)demand the seller remove the cloud - C) demand the seller move the cloud The landlord tenant code applies to? A) fraternity houses B) single-family homes C) College dorm D) Hotels - B) single-family homes Seller removed two speakers after the closing...