Ohio real estate state - Study guides, Revision notes & Summaries

Real Estate State Exam for Ohio Questions & Answers 2023-24 Fiscal Policy - ANSWER-Treasury Department Monetary Policy - ANSWER-Federal Reserve Bond Truth In Lending Act - ANSWER-To provide standard disclosure procedures that all lenders must follow. Required so consumers will know exactly what they are paying for credit so they can compare Annual Percentage Rate (APR) - ANSWER-The relationship between the cost of borrowing money and the total amount financed, represented by a perc...

National Real Estate Exam Portion for Ohio Latest Update Graded A+ Tenancy at Will No written agreement, and can be terminated at any time by landlord or tenant Tenancy at sufferance Tenant is allowed to live on property after lease is over but before they are forced off the property Tenants in common Ownership where tenants could have different amounts of ownership. If passed away heir will take over the undivided ownership (no survivorship) Joint Tenants 2 or more people own equal righ...

OHIO NOTARY EXAM QUESTIONS AND ANSWERS 100% PASS LIST THE 4 POWERS OF A NOTARY ADMINISTER OATHS; TAKE & CERTIFY ACKNOWLEDGEMENTS; TAKE & CERTIFY DEPOSITIONS; & RECEIVE, MAKE & RECORD NOTARIAL PROTESTS WHAT IS THE TERM OF A NOTARY? 5 YEARS WHERE DO NOTARIES GET SWORN IN & WHAT IS THE CLERK FEE? CLERK OF COURTS / $5.00 STATUTE FOR PENALTY OF NOTARY ACT AFTER EXPIRED COMMISSION 147.10 Notary public acting after commission expires. No notary public shall do or perform any act as a notary public k...

Hondros Learning | Ohio Real Estate | Principles & Practices Exam Study Guide | August 2024 Update Broker - Answer️️ -Any person, partnership, association who, for a fee, sells, lists, leases, exchanges, negotiates, or otherwise deals in the real estate of others, or represents publicly that he does. Independent Contractor - Answer️️ -A self-employed salesperson paid on jobs completed rather than hours worked and responsible for setting their own hours and paying their own taxes....

Hondros- Ohio Real Estate Principles and Practices Study Questions with complete solution 2023 When may a person use the term REALTOR? - correct answer after becoming a member of the National Association of Realtors What are advantages to a career in real estate sales? - correct answer - Possibility of owning your own brokerage with additional training , education, and experience - potential for unlimited earnings - setting your own hours What is a disadvantage of a career in real...

1 OHIO REAL ESTATE EXAM PRACTICE QUESTIONS REVIEW QUESTIONS AND ANSWERS, 100% ACCURATE, GRADED A+ May a consumer who has been harmed by a licensee acting under her license as a real estate salesperson or broker immediately file a claim for payment from the Real Estate Recovery Fund? - - CORRECT ANSWER: No, the consumer must file a lawsuit, get a final judgment, and attempt to collect A listing agreement in which the agent may possibly be in competition with the client to see who can sell ...

1 NATIONAL REAL ESTATE EXAM PORTION FOR OHIO/ REVIEW QUESTIONS AND ANSWERS, GRADED A+ Tenancy at Will - -No written agreement, and can be terminated at any time by landlord or tenant Tenancy at sufferance - -Tenant is allowed to live on property after lease is over but before they are forced off the property Tenants in common - -Ownership where tenants could have different amounts of ownership. If passed away heir will take over the undivided ownership (no survivorship) Joint Tenants - ...

1 OHIO REAL ESTATE EXAM REVIEW QUESTIONS AND ANSWERS, RATED A+ The difference between what a borrower has to pay to purchase a property and the amount a lender will lend on the property is the - -buyer's down payment What specific authority does the Ohio Realtor Association have over real estate licensees? - -A. Handling complaints against the licensees for regulation violations B. Determining licensure requirements C. Approving advertising for the sale or lease of real property D....

©THEBRIGHT 2024/2025 ALL RIGHTS RESERVED 10:15AM A+ 1 Real Estate Law Exam Questions And Answers |Latest 2025 | Guaranteed Pass. What is the primary purpose of most civil lawsuits? - Answerto compensate a person who has been harmed A person who commits a tort....... - Answerhas violated the standards of reasonable conduct Unconstitutional law........... - Answerexceeds the powers granted to the government Which would be most likely to issue an ordinance? - AnswerA. The Ashtabula county ...

Ohio Real Estate Exam Practice Questions & Answers 2023-24 May a consumer who has been harmed by a licensee acting under her license as a real estate salesperson or broker immediately file a claim for payment from the Real Estate Recovery Fund? - ANSWER-CORRECT ANSWER: No, the consumer must file a lawsuit, get a final judgment, and attempt to collect A listing agreement in which the agent may possibly be in competition with the client to see who can sell the house first is an exclusive -...