A salesperson - Study guides, Class notes & Summaries

RE Salesperson License requirements? 18 years old, 40 hour class, pass the exam, must affiliate with a broker to practice and may not accept direct client payments Broker's License requirements? 3 years salesperson experience, 40 hour class, pass the exam, $5,000 bond and pay a fee.

Alabama Real estate Recip Rated A The consumer member of the Alabama Real Estate Commission must be _____. a licensed broker a licensed salesperson an owner of real property a licensed salesperson or broker an owner of real property Which of the following is NOT a purpose of the Alabama Real Estate License Law? to set qualifications for licensees to enhance the standards of the real estate profession to protect the public against incompetent licensees to regulate commission r...

PSI NJ Real Estate Exam, PSI Practice Test. 2024, 136 Questions and Correct Answers. Water Rights The terms "littoral," "riparian," and "appropriative" refer to A salesperson lists a property with a contract that allows for subagency and dual agency. The salesperson is an agent to the broker and a subagent to the principal. Depreciation is calculated based on the Cost of the building only. When a property owner uses his home as collateral for a loan and creates a lien in favor of th...

Aceable Agent: Real Estate Principles: Actual Exam Questions And Correct Answers | Latest Update The Real Estate Law is found in A. The Licensing Code B. The Business and Professions Code C. The Health and Safety Code D. The Corporations Code - ANSWER B. Business and Professions Code The Real Estate Commissioner reports to a. the California Bureau of Real Estate. b. the governor. c. the Department of Housing and Urban Development. d. the legislature. - ANSWER B. the governor ...

California Real Estate Principles - Questions and Answers Already Passed (1) 1. The Real Estate Law is found in the a. Licensing Code b. Business and Professions Code c. Health and Safety Code d. Corporations Code Business and Professions Code (1) 2. The Real Estate Commissioner reports to the a. California Bureau of Real Estate b. governor c. Real Estate Advisory Commission d. legislature governor (1) 3. Salesperson Sam owns 25% of the outstanding shares of Rollo Realty, I...

COLIBRI PA SALESPERSON 40 HR FINAL EXAM 2024/2025

REAL ESTATE U GEORGIA EXAM REVIEW QUESTIONS AND ANSWERS, GRADED A+/ VERIFIED. Single family homes are? - -Private freestanding residential houses. Property types are generally categorized by the ...... that applies to that property. - -Zoning laws Schools and churches are considered....... Properties? - -Special purpose A lack of supply is known as? - -scarcity Candidates taking a licensee exam who are eligible active duty military and reserve personnel receive a...? - -5 point credit ...

California Real Estate Principles - Questions and Answers fully solved 2023 (1) 1. The Real Estate Law is found in the a. Licensing Code b. Business and Professions Code c. Health and Safety Code d. Corporations Code - correct answer Business and Professions Code (1) 2. The Real Estate Commissioner reports to the a. California Bureau of Real Estate b. governor c. Real Estate Advisory Commission d. legislature - correct answer governor (1) 3. Salesperson Sam owns 25% of the o...

A broker is found guilty and ordered to pay monetary damages to a consumer. What timeframe must the injured party file a claim for payment from the real estate recovery fund? Injured parties must file claim to real estate recovery fund one year after termination of proceedings in connection to judgement awarded consumer. What statement is TRUE regarding the real estate recovery fund? An agreement of sale must contain disclosure language advising parties of the existence of the rea...

Colibri Real Estate Practice Final Exam 2024 Questions with 100% Verified Correct Answers Rated A+ Why is the condition of bearing walls more important than non bearing walls? - Correct Answer Bearing walls support the ceiling and the roof. Owner Tom decided to lease out his basement to a college student. By leasing the basement, Tom has - Correct Answer transferred a portion of his bundle of rights What is a forecast of income and expenses that can be projected over five years? - Correc...