45 hours post licensing Study guides, Class notes & Summaries

45-Hour Post License Exam Guide Questions and CORRECT Answers Joining a team vs. being a solo agent is an important decision for a new real estate agent. Which of the following statements is false regarding joining a team vs. being a solo agent? - Correct ANSWER- A. Joining a team vs. being a solo agent is a decision that is made by the Florida Real Estate Commission, (FREC). What is the status of their license if a sales associate did not complete the required 45-hour post licensing...

Louisiana Real Estate Exam Questions and Answers 100% Pass The Commission is comprised of how many members? - Answer- 11 Commission members are appointed by who? - Answer- The governor Each appointment to the Commission shall be for a __ year term. No commissioner may serve more than that. - Answer- 6 The Commission must meet ______. - Answer- quarterly A minimum of __ members is required for a ______ to conduct business. - Answer- 5 quorum The Commission may meet more frequently if suc...

if you get compensation you need ______ - a license Forms of compensation - - gift card - money - free rent -ipad -concert tickets -etc. What are activies that require you to have a license - (LLBEANS) List Lease Buy Exchange Auction Negotiate Sell What activies exempt you from needing a license - (STAPLES) Self Trustor Apprasier Power of attorney Lawyer Executor Salaried employees (W2)Practicing real esate without a license is what - Felony Salary is an exemption from ___...

Nevada BROKER salesperson/BROKER education - Answer-- 90 hours of instruction which includes: 45 hours of law, 45 hours of principles Broker testing - Answer-- Pass a NV Testing Center 50 question Nevada State Brokers test with a 75% or better: One hour to complete - Pass a NV Testing Center 80 question Nevada National Brokers test with a 75% or better: Two hours to complete - Cost of Examination: $100 for both tests when taken at the same time, $100 each if Nevada State and National test...

45-Hour Post License Correct Questions andJoining a team vs. being a solo agent is an important decision for a new real estate agent. Which of the following statements is false regarding joining a team vs. being a solo agent? - ANSWER A. Joining a team vs. being a solo agent is a decision that is made by the Florida Real Estate Commission, (FREC). What is the status of their license if a sales associate did not complete the required 45-hour post licensing education course before the initial r...

Gold Coast RE 1001 Cram, Practice Math and Final Exam Q&A 2024 312. Florida has established three authorized brokerage relationships. Unless otherwise established by agreement, what is the broker's relationship with the public? a. Nonrepresentation b. Single agency c. Dual agency d. Transaction brokerage - CORRECT ANSWER-D. Transaction brokerage 242. A broker has been found guilty of mail fraud by a court and sent to jail. The broker's license will: a. Automatically be revoked b....

Nevada BROKER salesperson/BROKER education - ANSWER - 90 hours of instruction which includes: 45 hours of law, 45 hours of principles Broker testing - ANSWER - Pass a NV Testing Center 50 question Nevada State Brokers test with a 75% or better: One hour to complete - Pass a NV Testing Center 80 question Nevada National Brokers test with a 75% or better: Two hours to complete - Cost of Examination: $100 for both tests when taken at the same time, $100 each if Nevada State and National tests ...

Any provisional broker who fails to complete the post-licensing education requirement within the prescribed period of time A. will have his or her license cancelled B. will have his or her license converted to inactive status C. must apply for a time extension to complete the requirement D. will be permanently barred from broker licensure in NC - Answer-B Harold, a broker, filed his request for license activation from inactive status exactly two weeks ago. To date he has not heard from ...

Nevada Real Estate Division is responsible for administering to the provisions of Nevada laws governing real estate as set out in NRS Chapter 645. Nevada Real Estate Commission is responsible for regulating the practice of real estate in Nevada by adopting regulations to help enforce NRS 645. The Administrator: - Is the CEO of the Division. - Is a full-time employee of the State of Nevada. - Heads the Real Estate Division. - The Administrator must not be an active real estate licensee ...

NV Real Estate Exam Review Questions and Answers 100% Pass Agency - Answer- Relationship between the principal (client) and agent. Business - Answer- Tangible assets of an existing enterprise. Define Business broker: What are the requirements for a permit - Answer- RE broker, broker-salesman, or salesman who sells businesses. -minimum 24 hours of instruction -$40 permit -$75 examination fee (must pass 75%) Owner-Developer - Answer- Owns 5+ Lots within a subdivision Real Estate Divisio...