A broker acting as p Study guides, Class notes & Summaries

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...

IACCP Master Questions Bank with Answers 100% solved Rated A+IACCP Master Questions Bank with Answers 100% solved Rated A+ Contains marking scheme The SMC Capital, Inc. No-Action Letter (September 5, 1995) states that trade allocations may occur: A. Only on a rotational basis B. On a pro rata basis but other allocation methods can be used without violating the Advisers Act C. Only on a pro rata basis D. Based on the trader's good faith discretion – Which of the following should ...

Champions Real Estate Exam: Law of Agency Exam review guide_2022/2023. This person hires an agent The agent works on behalf of this person - This type of agency allows for the greatest range of authority - This is provided to the agent when there is written documentation that the agency relationship exists. - This is the most limited of all the agency relationships - This type of agency is created when a 3rd party believes that an agent has authority that has NOT been granted...

what are the 3 areas that a licensee are required to have expert knowledge? - Answer property transfer, valuation, marketing when a developer acquires a large tract of land and records a subdivision play map, and uses a model center from which sales are made is called? - Answer tract building focusing on one type or style of property or a particular neighborhood - Answer farming/farm area sales associate who wishes to apply to be a broker must have - Answer 24 months under one or more a...

CA Real Estate Exam 2023/2024 Practice with 100% Correct Answers How many square feet in one acre? - Correct Answer-There are 43,560 square feet in an acre Mr. and Mrs. Conners sold their home and paid an 8% commission to their realtor. Assuming no other fees, if they walked away from the sale with $306,000, about how much did their house sell for? - Correct Answer-$332,600 To solve this problem, set up an equation using P for the answer you seek: You know that the seller walked away wit...

A 3.45-acre What is the selling price? lot sells for so cents per square foot. A. 537,570 B. $75,141 C. 576,230 D. $78,712 - ANSWER B A blind ad refers to an ad that: A. provides no price. B. provides no address. C. gives no with a broker. indication that the property is listed D. gives no been sold or not indication that the property has - ANSWER C purchase of a property. A borrower is required to put 10% down The 10% down for the considered would be A equity. B. boot. C....

The Federal regulatory body that governs the securities industry is: >>>The SEC A fully disclosed BD: >>>is an inducing firm clearing its transactions through a carrying firm An intermediary between the buy and sell sides of a transaction is known as >>>a clearing agent For the Depository Trust and Clearing Corporation (DTCC), all of the following are true EXCEPT: a. it is a member of the Federal Reserve System b. It acts as a retail bank servicing savings and ...

How many square feet in one acre? There are 43,560 square feet in an acre Mr. and Mrs. Conners sold their home and paid an 8% commission to their realtor. Assuming no other fees, if they walked away from the sale with $306,000, about how much did their house sell for? $332,600 To solve this problem, set up an equation using P for the answer you seek: You know that the seller walked away with $306,000. If the agent was to take 8% of the selling price (P), then the seller received 92% ...

FINRA SIE TESTBANK QUESTIONS WITH ALL CORRECT ANSWERS The Federal regulatory body that governs the securities industry is: - ANSWER The SEC A fully disclosed BD: - ANSWER is an inducing firm clearing its transactions through a carrying firm An intermediary between the buy and sell sides of a transaction is known as - ANSWER a clearing agent For the Depository Trust and Clearing Corporation (DTCC), all of the following are true EXCEPT: a. it is a member of the Federal Reserve Syste...

NY Controlled Substance MPJE Questions and Answers Already Passed Who has scheduling authority in NYS? Legislature What types of institutions need registration? Class 3 or class 3a For CS prescriptions, what is required? MDD, quantity (numeric and written), prescriber name imprinted, gender, age + other NYS rx requirements Max for buprenorphine for addiction? Physicians can ONLY prescribe; max 30 life of CS rx? 30 days how much of a c2 can be dispensed if it's an emergency telephone order?...