Describe a fiduciary duty - Study guides, Class notes & Summaries
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Real Estate 306 Exam 1 Questions and Answers New (2024/2025) Solved 100% Correct
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Commission - A fee that a real estate broker is paid on the sale of an asset or the lease of a space. 
Typically calculated as a percentage of the sales price or percentage of the total rental income over the 
life of the lease. 
Architect Contract Phases - Schematic design, design development, bid negotiation, construction 
documents, and construction administration. 
Architecture - The work of developing concepts and converting those concepts into images and 
plans that are used to construct b...
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South Carolina Real Estate Exam | 60 Questions with 100% Correct Answers | Verified | Latest Update 2024
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When a loan is subject to the provisions of the Real Estate Settlement Procedures Act (RESPA), Which of 
the following elements of the Real estate transaction need NOT observe RESPA guidelines - The 
Commission structure for licensees 
Regulation Z of the Truth_in lending Act Provides what penalty for licensees who willfully fail to comply 
with its advertising guidelines for real estate financing? - Fines and/or imprisionment 
Salesperson A for Broker B has listed a home. Salesperson C for Brok...
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MMC3210 Module 3 Questions and Answers Latest Updated 2024
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MMC3210 Module 3 Questions and Answers Latest Updated 2024 
What is a Sports Agent? 
A sports agent is an individual whom procures and negotiates employment and endorsement contracts for an athlete. 
 
 
 
Sports Agent Responsibilities 
1. Be the ultimate protector of their client 
2. Represent client's interests zealously 
3. Negotiate athletes employment contract with team 
4. Communicates with team owners, managers, coaches and other individuals/companies 
 
 
 
Perception of Sports Agents 
...
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NATIONAL REAL ESTATE EXAM QUESTIONS AND ANSWERS| 100% CORRECT 2024
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NATIONAL REAL ESTATE EXAM 
QUESTIONS AND ANSWERS| 100% 
CORRECT 2024 
Olivia took out a 15-year loan secured with a deed of trust. She made her last payment this 
month. What happens now? - answerThe trustee grants a reconveyance deed to Olivia. 
- answer 
- answer 
- answer 
What is the reproduction cost? - answerthe cost to build an exact replica of the subject, 
with the same materials and deficiencies. 
Which fiduciary duty continues even after a transaction closes? - answerAcconting 
What i...
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NATIONAL REAL ESTATE EXAM QUESTIONS AND ANSWERS| 100% CORRECT 2024
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NATIONAL REAL ESTATE EXAM 
QUESTIONS AND ANSWERS| 100% 
CORRECT 2024 
Olivia took out a 15-year loan secured with a deed of trust. She worked two jobs in order to pay 
the loan back and finally made her last payment this month. What happens now? - 
answerBecause the property deed was held by a third-party trustee instead of the lender, 
the trustee grants a reconveyance deed to Olivia. 
Warren signed a contract with the Samsons for the sale of property he didn't own. What type of 
contract is t...
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RealEstateU Texas Real Estate Principles Part 1 Final Exam questions and answers
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supply 
The amount of goods offered for sale within a given market at a given price during a given time period. 
 
 
 
General Agent 
A property manager is an example of what type of agent? 
 
 
 
Special Agent 
A real estate agent is an example of what type of agent? 
 
 
 
Residential, Commercial, and Industrial 
The general uses of real property include the following: 
 
 
 
Market Comparison Approach 
A means of comparing similar type properties would have recently sold to the subject proper...
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Colibri Real Estate Chapter 2 Quiz Questions with 100% Correct Answers
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Colibri Real Estate Chapter 2 Quiz 
Questions with 100% Correct Answers 
An agency relationship may be involuntarily terminated by which of the following? - 
Answer- By destruction of the property through fire, vandalism, or natural disaster 
When a seller authorizes a unilateral offer of subagency to all MLS members, any agent 
who shows the listed property automatically becomes - Answer- A subagent 
An agency relationship may be involuntarily terminated by which of the following? - 
Answer- Co...
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N5350 Roles Final Study Guide Questions and Answers with Complete Solutions 2024
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N5350 Roles Final Study Guide Questions 
and Answers with Complete Solutions 2024 
1. What are the 4 settings for prescriptive authority? Describe the requirements in each setting 
for physician supervision, # of NPs, chart review, and any other special requirements in that site. 
- answer1. Medically Underserved 
2. Physician Primary Site 
3. Physician Alternate Site 
4. Facility Based Practice Site. 
* General requirements per TBON rule 222.5: regular visits, chart review as determined by 
APR...
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Arkansas Health and Accident Insurance Exam 2023
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Funding for Medicare Part B is partially provided by - user premiums 
 
Which of the following would evidence ownership in a participating health insurance contract? - Policy Ownership 
 
To protect information, systems, agents, brokers, and insurance companies must implement and maintain a(n) - cybersecurity policy 
 
An insurer is best described as - Any person, corporation, association, or society that writes insurance contracts 
 
Jennifer is required to pay a specific sum out of pocket befo...
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N5350 Roles Final Study Guide Questions and Answers with Complete Solutions 2024
- Exam (elaborations) • 36 pages • 2024
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N5350 Roles Final Study Guide Questions 
and Answers with Complete Solutions 2024 
1. What are the 4 settings for prescriptive authority? Describe the requirements in each setting 
for physician supervision, # of NPs, chart review, and any other special requirements in that site. 
- answer1. Medically Underserved 
2. Physician Primary Site 
3. Physician Alternate Site 
4. Facility Based Practice Site. 
* General requirements per TBON rule 222.5: regular visits, chart review as determined by 
APR...
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