The nar - Study guides, Class notes & Summaries

Townhomes and single-family homes differ in that ______a common wall. (a) townhomes share (b) single-family homes are sold as distinct living units within (c) owners of townhomes do not own the land because of (d) townhomes are retro-commissioned and share (Ans- (a) townhomes share Rights that are associated with the ownership of real property are often referred to as the owner's: (a) Bundle of rights (b) Constitutional rights (c) Statutory rights (d) Civil rights (Ans- (a)...

The acronym TRELA stands for which of the following...? Texas Real Estate License Association Texas Real Estate License Act Texas Real Estate Legal Act Texas Real Estate Legislation Act - Answer- Texas Real Estate License Act The rules and regulations regarding real estate licenses in Texas are described in which of the following...? Texas Real Estate License Act Texas Real Estate Law Texas Bureau of Real Estate Article 12-A of the State Real Estate Law - Answer- Texas Real Estate Lic...

Florida Real Estate U Final Exam Answered 2023/2024 Florida Real Estate U Final Exam Answered 2023/2024 An appraisal can be completed by which of the following? A home inspector A real estate broker A licensed appraiser using USPAP standards A mortgage loan originator A licensed appraiser using USPAP standards What is a BPO? Broker Price Opinion Best Practice Organization Best Prospective Offer Beyond Present Opportunities Broker Price Opinion Which of the following is incorrect?...

1. Property managers who are employed and compensated by community associations are required to obtain and maintain which type of license?: -CAM 2. Whatterm is used forthe practice ofspecializing in one particularresiden-tial neighborhood or type of property?: Farming 3. empty: 4. upon closing a sales transaction who pays the sales associate their con-tracted commission?: Employing Broker 5. Home sold for $250k with a garage, a home sold in the area for $230k withno garage. From this i...

C365 Lesson plan for 2nd grade using the following standard  Write narrative pieces in wh C365 Lesson plan for 2nd grade using the following standard  Write narrative pieces in which they retell an elaborated event or short sequence of events; include details to describe actions, thoughts, and emotions using temporal words in sequential order; and provide a concluding statement. 1.Write, produce, expand, and rearrange complete simple and compound sentences.   2.Use appropriate conventio...

360 Training Sessions Latest Update Graded A+ National Association of Realtors (NAR) The largest professional association in the real estate industry Was first organized in 1908 To be a full member of this association, a person must be licensed in an individual state to sell real estate and must join the local board of the NAR. In most areas, this board is called the Association of REALTORS A REALTOR® is a professional in real estate who subscribes to a strict code of ethics known as t...

1. Property managers who are employed and compensated by community associations are required to obtain and maintain which type of license?: - CAM 2. What term is used for the practice of specializing in one particular residen- tial neighborhood or type of property?: Farming 3. empty: 4. upon closing a sales transaction who pays the sales associate their con- tracted commission?: Employing Broker 5. Home sold for $250k with a garage, a home sold in the area for $230k with no garage. From this...

360 Training Lesson Assessments What is the name of an institute that NAR has developed? - The Institute of Real Estate Management Feedback: The NAR has developed special institutes that have designations and certifications in specialized areas of real estate. Examples include the Realtors National Marketing Institute and The Institute of Real Estate Management. Under a listing contract, the real estate firm becomes _______. - The agent of the seller Feedback: Under a listing co...

FL REAL ESTATE EXAM PRACTICE 2024/REAL QUESTIONS WITH CORRECT VERIFIED ANSWERS/A GRADE Which statement is true regarding the use of the term REALTOR? All real estate licensees are REALTORS All REALTORS are members of the National Association of REALTORS (NAR) The terms real estate licensee and REALTOR may be used interchangeably The Florida DBPR authorizes the use of the term REALTOR All REALTORS are members of the National Association of REALTORS (NAR) The term follow up refe...

An appraiser's definition of "Value" would be: a. present worth of all rights to future benefits arising out of ownership. b. the ability of one commodity to command other commodities in exchange. c. relationship between the thing desired and the potential purchaser. d. all of the above. -correct answer d. all of the above. These are elements of value. Which of the following abbreviations is associated with the FHA? a. NAR b. CPM c. MIP/MMI d. MBA -correct answer c. MIP/MMI...