Compucram - Study guides, Class notes & Summaries

Karen and David Carpenter are a team. They have one employee and four sales agents; they also enjoy flipping properties. David asks one of the sales agents to write an offer for him but to use the company name instead of his first and last name. David's offer is accepted, he puts a fresh coat of paint on the property, and then sells it for considerably more. What has David done? - Self-Dealing. Alice forgot to lock the windows that she opened to let in fresh air at her open house and the ho...

If the buyer is assuming an existing loan on the property, which of the following is prorated at closing? correct answers interest only What law requires the lender to show the APR? correct answers reg. z In what type of installment agreement does the buyer make payments for the right to possession, but does not receive the title until most or all of the terms have been met? correct answers land contract Quiet enjoyment refers to: correct answers arrangement between landlord and tenant ...

InterNachi test- Compucram- Questions with 100% Correct Answers | Latest Update 2024 | Verified

The inspection of the electrical system should begin with which of the following locations on the property? - ️️Exterior... All parts of the home inspection start on the exterior. A professional inspector delivers a home inspection report written in paragraph form based on his observations and opinions of the condition of a subject property. This form of report is known as a/an: - ️️Narrative report... A narrative report is written in paragraph form. A hornet nest on the house need...

When selling an individual condominium unit which of the following would be appurtenant to the unit? - Cabinets in the unit Bob and Jerry take title together. Bob owns one half and Jerry owns one half of the same property. What form of co-ownership does the law presume? - Tenancy in common Owner's title insurance will cover: - Damages if the title is unmarketable When a city buys real estate they would take title as: - Sole and separate Developer George purchased 5 acres of residential la...

CompuCram PASSED Exam Questions and CORRECT Answers When is a bringdown endorsement issued? - CORRECT ANSWER- Prior to close of escrow A loan is paid in full but the release is never recorded. What is true? - CORRECT ANSWER- A cloud remains on title When an attorney gives an abstract of title, he would also give: - CORRECT ANSWER- An opinion

InterNachi test- Compucram | Questions and Correct Answers | Latest Update 2024/2025 | 100% PASS The inspection of the electrical system should begin with which of the following locations on the property? - Answer -Exterior... All parts of the home inspection start on the exterior. A professional inspector delivers a home inspection report written in paragraph form based on his observations and opinions of the condition of a subject property. This form of report is known as a/an: - Answ...

CompuCram Property Valuation & Appraisal Questions with 100% Correct Answers | Latest Update 2024 | Verified

Running a "blind ad" is considered an unfair practice for a licensee in Georgia for what reasons? correct answers The ad does not include the name of the listing broker Regarding a salesperson's decision to terminate an affiliation with the current employing broker, which of the following is true? correct answers Under no circumstances may the broker refuse the salesperson's termination request In Georgia, prescriptive easements may be established by the open, hostile, notorious, and c...

Karen and David Carpenter are a team. They have one employee and four sales agents; they also enjoy flipping properties. David asks one of the sales agents to write an offer for him but to use the company name instead of his first and last name. David's offer is accepted, he puts a fresh coat of paint on the property, and then sells it for considerably more. What has David done? - Self-Dealing. Alice forgot to lock the windows that she opened to let in fresh air at her open house and the ho...