B 1 asreb exam - Study guides, Class notes & Summaries
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ASREB Exam Questions With Complete Solutions.
- Exam (elaborations) • 18 pages • 2024
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ASREB Exam Questions With Complete Solutions. 
 
Salesperson is working for a principal, but the salesperson exceeds authority in agreement. Principal does nothing to correct the actions, and the public is led to believe the actions were okay. Agency? 
Estoppel 
Amount stated in a purchase contract in case the buyer breaches is called: 
Liquidated 
In a sublease with a positive leasehold who benefits from excess rent? 
Sub-lessor 
Property taxes are 1,525. 1st half paid by seller closes November...
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ASREB Exam Questions With Complete Solutions.
- Exam (elaborations) • 18 pages • 2024
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- $8.99
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ASREB Exam Questions With Complete Solutions. 
 
Salesperson is working for a principal, but the salesperson exceeds authority in agreement. Principal does nothing to correct the actions, and the public is led to believe the actions were okay. Agency? 
Estoppel 
Amount stated in a purchase contract in case the buyer breaches is called: 
Liquidated 
In a sublease with a positive leasehold who benefits from excess rent? 
Sub-lessor 
Property taxes are 1,525. 1st half paid by seller closes November...
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ASREB Exam Study Guide Questions & Answers Already Graded A+
- Exam (elaborations) • 6 pages • 2024
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ASREB Exam Study Guide Questions & Answers Already Graded A+ 
 
A 3.45 acre lot sells for 50 cents per square foot. What is the selling price? 
$75,141 
A blind ad refers to an ad that 
Gives no indication that the property is listed with a broker 
A borrower is required to put 10% down for the purchase of a property. The 10% down would be considered? 
Equity 
A broker, acting as a property manager, would be what type of agent? 
General 
A buyer pays 20% down and obtains a real estate mortgage. ...
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ASREB Practice Exam Questions With 100% Correct Answers.
- Exam (elaborations) • 15 pages • 2024
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ASREB Practice Exam Questions With 100% Correct Answers. 
 
A 3.45-acre lot sells for 50 cents per square foot. What was the selling price? 
a. $37,570 
b. $75,141 
c. $76,230 
d. $78,712 
b. $75,141 
A blind ad refers to an ad that 
a. provides no price 
b. provides no address 
c. gives no indication that the property is listed with a broker 
d. gives no indication that the property has been sold or not 
c. gives no indication that the property is listed with a broker 
A borrower is required to...
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ASREB Practice Exam, Sessions 1-18, Study Guide Questions Correctly Answered And Graded A+
- Exam (elaborations) • 51 pages • 2023
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ASREB Practice Exam, Sessions 1-18, Study Guide Questions Correctly Answered And Graded A+ 
 
A 3.45-acre lot sells for 50 cents per square foot. What is the selling price? 
 
A) $37,570 
B) $75,141 
C) $76,230 
D) $78,712 
B 
 
3.45 acres x 43,560 = 150,282 SF 
150,282 SF x $0.50 = $75,141 
A blind ad refers to an ad that 
 
A) provides no price. 
B) provides no address. 
C) gives no indication that the property is listed with a broker. 
D) gives no indication that the property has bene sold or...
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ASREB Practice Exam from Book Qs & As Verified 100% Correct!!
- Exam (elaborations) • 15 pages • 2023
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ASREB Practice Exam from Book Qs & As Verified 100% Correct!! 
 
A 3.45-acre lot sells for 50 cents per square foot. What was the selling price? 
a. $37,570 
b. $75,141 
c. $76,230 
d. $78,712 
b. $75,141 
A blind ad refers to an ad that 
a. provides no price 
b. provides no address 
c. gives no indication that the property is listed with a broker 
d. gives no indication that the property has been sold or not 
c. gives no indication that the property is listed with a broker 
A borrower is requir...
-
ASREB Practice Exam Questions With 100% Correct Answers.
- Exam (elaborations) • 15 pages • 2023
-
- $11.49
- + learn more
ASREB Practice Exam Questions With 100% Correct Answers. 
 
 
A 3.45-acre lot sells for 50 cents per square foot. What was the selling price? 
a. $37,570 
b. $75,141 
c. $76,230 
d. $78,712 
b. $75,141 
A blind ad refers to an ad that 
a. provides no price 
b. provides no address 
c. gives no indication that the property is listed with a broker 
d. gives no indication that the property has been sold or not 
c. gives no indication that the property is listed with a broker 
A borrower is required ...
-
B-1 ASREB Exam prep (gray packet) Solved Correctly!!
- Exam (elaborations) • 91 pages • 2023
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- $9.99
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B-1 ASREB Exam prep (gray packet) Solved Correctly!! 
 
A subdivider employés hostesses to show houses. The hostesses explain the features of the homes and gave the prices and terms. In this scenario: 
 
a. Only the sales broker needs to be licensed 
b. Hostesses are employees only and need not be licensed 
c. The hostesses must be licensed 
d. As long as they do not accept deposits and do not write up sales, the hostesses need not be licensed 
c. The hostesses must be licensed 
A timeshare wou...
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B-1 ASREB Exam prep (gray packet) Solved Correctly!!
- Exam (elaborations) • 9 pages • 2023
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- $7.39
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B-1 ASREB Exam prep (gray packet) Solved Correctly!! 
 
A subdivider employés hostesses to show houses. The hostesses explain the features of the homes and gave the prices and terms. In this scenario: 
 
a. Only the sales broker needs to be licensed 
b. Hostesses are employees only and need not be licensed 
c. The hostesses must be licensed 
d. As long as they do not accept deposits and do not write up sales, the hostesses need not be licensed 
c. The hostesses must be licensed 
A timeshare wou...
-
ASREB Practice Exam, Sessions 1-18, Study Guide Questions Correctly Answered And Graded A+
- Exam (elaborations) • 51 pages • 2024
-
- $7.99
- + learn more
ASREB Practice Exam, Sessions 1-18, Study Guide Questions Correctly Answered And Graded A+ 
 
A 3.45-acre lot sells for 50 cents per square foot. What is the selling price? 
 
A) $37,570 
B) $75,141 
C) $76,230 
D) $78,712 
B 
 
3.45 acres x 43,560 = 150,282 SF 
150,282 SF x $0.50 = $75,141 
A blind ad refers to an ad that 
 
A) provides no price. 
B) provides no address. 
C) gives no indication that the property is listed with a broker. 
D) gives no indication that the property has bene sold or...
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