Montana real estate exam - Study guides, Class notes & Summaries

MONTANA REAL ESTATE EXAM NEW EXAM UPDATE A MT broker must keep trust account records for? 8 years If a zoning ordinance conflicts with a restrictive covenant: The more limiting of the two controls Pierce has a buyer broker agreement. Pierce may legally receive a commission from? Any party with the knowledge and consent of the buyer I really state licensee should disclose known defects to the buyer in which of the following situations? In all situations Sarah is a licensed real estate ...

MONTANA REAL ESTATE EXAM NEW EXAM UPDATE A MT broker must keep trust account records for? 8 years If a zoning ordinance conflicts with a restrictive covenant: The more limiting of the two controls Pierce has a buyer broker agreement. Pierce may legally receive a commission from? Any party with the knowledge and consent of the buyer I really state licensee should disclose known defects to the buyer in which of the following situations? In all situations Sarah is a licensed real estate ...

Professional Home Inspector Exam NHIE / TREC Questions and Answers Already Passed Document Content and Description Below Professional Home Inspector Exam NHIE / TREC Questions and Answers Already Passed The inspector is not required to determine ____ ___ of any system or component. -Years of age -Life expecta ncy -Make model Horizontal waste pipe should slope ____ inch per foot 1/4" per foot if < 3 inch pipe. 1/8" per foot if > or = to 3 inch pipe Drip screed Also called weep screed. U...

Real Estate Montana final exam solution

REAL ESTATE MONTANA EXAM REVIEW QUESTIONS AND ANSWERS, GRADED A+/ 2 reasons the lender could call upon balance due of your mortgage? - -Default, and resale A baskin and Robbins I've cream store is a nonconforming use in a residentially zone area. The business is destroyed by a fire. Can it be rebuilt as an ice cream store? - -No, the stores nonconforming use is terminated by the destruction of the property A broker learns about a zone change which may have substantial effect on the p...

Chapter 1: Montana License Law Exam Questions With Verified Answers The Board Of Realty Regulation Consists of how many members and how are the members appointed? - answer7 members and are appointed by the governor What are the Civil and Criminal Penalties for those engaging in real estate without a license? - answerGuilty of a misdemeanor First Offense will be fined b/t $100-$500 or imprisoned for 90 days or BOTH Subsequent Offense will be fined b/t $500-$2,000 or imprisoned for 6 months...

Real Estate Montana final exam solution personal property that, by its attachment to real property, is regarded as real estate is called a fixture An object that is affixed to commercial property and used to generate income is called a trade fixture real property given in a will is referred to as a devise Joe and Kathy want to purchase a home in a neighborhood where they are familiar with the school system, and know the teachers in the public school that their son will attend. Their int...

Real Estate Nevada State Final Exam Questions and Answers 100% Pass Which form must be used in every real estate transaction involving a Nevada licensee? Duties Owed by a Nevada Real Estate Licensee Which of these would NOT likely disqualify Smith from receiving a license? having been arrested for embezzlement Jones has left ARM Realty and his license has been returned to the Division. What maximum time is allowed for re-affiliation before he is inactivated? 30 days If the real e...

Real Estate Montana final exam solution personal property that, by its attachment to real property, is regarded as real estate is called a fixture An object that is affixed to commercial property and used to generate income is called a trade fixture real property given in a will is referred to as a devise Joe and Kathy want to purchase a home in a neighborhood where they are familiar with the school system, and know the teachers in the public school that their son will attend. Their int...

MONTANA REAL ESTATE SALESPERSON EXAM QUESTIONS AND ANSWERS. VERIFIED. Tenancy in Severalty - -One person or Corporation owns Tenancy in Common - -Equal or unequal undivided ownership between 2 or more people. Upon decease, shares are passed on to Heirs Joint Tenancy - -4 Unitys: Interest-each owner has same interest Possession: all owners hold undivided interest Time: interest received at same time Title: all owners acquire their interest with the same deed If one owner dies, interest...