Nebraska real estate - Study guides, Class notes & Summaries

Nebraska Real Estate Principles Exam Questions and Answers An agent intending to work with a seller shall provide a written disclosure to such seller that shall contain all of the following EXCEPT: - Answer- a statement that the broker will act as a dual agent The following statements regarding relationships are true EXCEPT - Answer- The licensee by default represents a buyer or tenant. 2. You must have a written contract to represent a seller or landlord. YOUR ANSWER 3. You do not need ...

The earths surface extending downward to the center of the earth and upward into space, including all things permanently attached, known as: -A bundle of legal rights Movable objects, which are not considered real estate, are known as: -Personal property The permanent right to use another's land for the benefit of a neighboring parcel is know as; -An appurtenant easement The ownership of property by one person only known as: -Severalt

Nebraska Real Estate test Question and answers 100% correct Nebraska Real Estate test tangible - correct answer can be seen intangible - correct answer cannot be seen Freehold - correct answer no designated end non-freehold - correct answer end of interest is predetermined (as in a lease) associate broker - correct answer one who has a Brokers license and is employed by another broker. designated broker - correct answer person holding a Brokers license inactive salesperso...

Nebraska Real Estate Exam Questions and Answers 100% Pass The earths surface extending downward to the center of the earth and upward into space, including all things permanently attached, known as: - Answer- A bundle of legal rights Movable objects, which are not considered real estate, are known as: - Answer- Personal property The permanent right to use another's land for the benefit of a neighboring parcel is know as; - Answer- An appurtenant easement The ownership of property by on...

Law - Statue correct answersPassed by unicameral Tangible correct answersCorporeal - Intangible correct answersIncorporeal Freehold correct answersNo Designated end non-freehold correct answersEnd of interest is pre-determined (as in a lease) Broker's price opinion correct answersAn analysis opinion prepared by a licensee in the course of their business relating to the value of a specified interest in real estate for listing or loan work Asset Management company correct answer...

Fee Simple Estate correct answersThe most complete and absolute ownership which is freely transferable, has an indefinite duration, and can be left to heirs is a(n) . Remainder Estate correct answersA life estate that goes to a named third party when the life tenant dies. Life Estate correct answersThe grantee holds the estate for his of her lifetime Non-freehold Estate correct answersA tenant's right to occupy real estate, usually a personal property interest, for a term specified in ...

A new Nebraska real estate licensee has been asked by a new customer to help determine value on the home they are preparing to put on the market. The new license should perform the following for a customer; - Comparative Market Analysis, (CMA) simplified version of the sales comparison approach to help determine the value of real estate. Kayla has successfully completed all of her pre-licensing requirements and was waiting on the acceptance of her real estate application when she received a...

Nebraska Real Estate Test Study Questions With Verified Answers 2024. tangible - correct answer can be seen intangible - correct answer cannot be seen Freehold - correct answer no designated end non-freehold - correct answer end of interest is predetermined (as in a lease) associate broker - correct answer one who has a Brokers license and is employed by another broker. designated broker - correct answer person holding a Brokers license inactive salesperson or broker - correct...

Nebraska Real Estate testtangible - correct answer can be seen intangible - correct answer cannot be seen Freehold - correct answer no designated end non-freehold - correct answer end of interest is predetermined (as in a lease) associate broker - correct answer one who has a Brokers license and is employed by another broker. designated broker - correct answer person holding a Brokers license inactive salesperson or broker - correct answer ones license has been returned to the ...

A new Nebraska real estate licensee has been asked by a new customer to help determine value on the home they are preparing to put on the market. The new license should perform the following for a customer; - Comparative Market Analysis, (CMA) simplified version of the sales comparison approach to help determine the value of real estate. Kayla has successfully completed all of her pre-licensing requirements and was waiting on the acceptance of her real estate application when she received a...