The lend lease act - Study guides, Class notes & Summaries

NYREI School Exam Questions and Answers (100% Verified) Latest 2024/2025 Graded A+. What is the minimum licensing requirement to sell commercial real estate in New York? - ANSWER a real estate salesperson's license What is the preferred method of creating an agency relationship? - ANSWER expressed agency An amenity purchaser - ANSWER occupies or uses the purchased property Condominium units are considered _____ property and are conveyed by _____. - ANSWER real / deed A salesperson who is...

NYREI School Exam Questions and Answers (100% Verified) Latest 2024/2025 Graded. What is the minimum licensing requirement to sell commercial real estate in New York? - ANSWER a real estate salesperson's license What is the preferred method of creating an agency relationship? - ANSWER expressed agency An amenity purchaser - ANSWER occupies or uses the purchased property Condominium units are considered _____ property and are conveyed by _____. - ANSWER real / deed A salesperson who is an...

What is the maximum percent of area median income allowable for a household to qualify for a Housing Choice Voucher? - Answer 50% Which is the maximum recommended housing ratio for renting an apartment? - Answer 30% Eligibility requirements for down-payment assistance programs include which factors? - Answer Income, home-buyer education, purchase price The client is considering an FHA mortgage. What is the upfront mortgage insurance premium (UFMIP) for an FHA mortgage? - Answer 1.75% ...

HUD Housing Counselor Certification Practice (HUD Knowledge Assessment) Questions And Answers Already Graded A+ What is the maximum percent of area median income allowable for a household to qualify for a Housing Choice Voucher? 50% Which is the maximum recommended housing ratio for renting an apartment? 30% Eligibility requirements for down-payment assistance programs include which factors? Income, home-buyer education, purchase price The client is considering an FHA mortgage. What is ...

Real Estate Exam Questions And Correct Answers, With Complete Verified Solution 100% Constructive Fraud Misleading without intention Private Nuisance A nuisance that affects only a single individual or a very limited number of individuals. Public Nuisance An owner's use of land that causes damage or inconvenience to the general public. GI Zone heavy manufacturing zone eligibility VA loan requires a certificate of ________ Escalation Clause real estate contract offer where the buye...

BUS 263 Test 2 | Complete Solutions (Verified) Fred agrees to assume a debt owed by Guitars Inc. to Home Bank. The agreement is not in writing. To be enforceable under the "main purpose" rule, the promise must be for the benefit of a. Home Bank. b. Fred. c. any third party, such as a Guitars Inc. customer. d. Guitars Inc. Duane and Evan orally agree to a transfer of forty acres of farmland. Evan asks Finance Bank to lend him the funds to buy the land. Under the Statute of Frauds, the agreeme...

MLO SAFE NMLS safe Exam Questions with Correct and Verified Answers "Any party involved in a federally covered loan that submits fraudulent information is subject to a fine of up to $___________ and up to __________years in prison. - Correct Answer $1,000,000 (one million dollars), 30 years in prison" "Per RESPA, an escrow cushion is limited to a maximum of _________ of the annual payments and surpluses over $_____must be refunded within ________ days. - Correct Answer 1/6th (2 mo...

What is the minimum licensing requirement to sell commercial real estate in New York? - ANSWER a real estate salesperson's license What is the preferred method of creating an agency relationship? - ANSWER expressed agency An amenity purchaser - ANSWER occupies or uses the purchased property Condominium units are considered _____ property and are conveyed by _____. - ANSWER real / deed A salesperson who is an independent contractor - ANSWER is not subject to withholding requirements. A ...

Colibri Real Estate (Real Estate Express) Final Exam Review Questions and Complete Solutions Broker Jane has been accused of a law violation regarding commissions. Which of the following might result in her being found guilty? A) Jane paid a commission to her licensed personal assistant. B) Jane paid a commission to the wife of one of her licensees who was recently killed in an auto accident. The deceased licensee had earned the commission prior to his death. C) Jane paid a commission pl...

$42,000 - Wilma sells her house for $600,000 two months after her husband passed away. They had purchased the house in 1952 for $58,000. Assuming they met the requirement for filing jointly, on what amount will Wilma have to pay income tax? 110 volts. - As a measure of the force that pushes electricity through a wire, residential circuits operate at a minimum of: A building has 28,000 rentable square feet, 22,160 square feet of which are considered useable. What is this building's loss fa...