Psi real estate contracts - Study guides, Class notes & Summaries

PSI National Exam for Real Estate Exam Questions and Answers A written agreement in which a purchaser agrees to buy and a seller agrees to sell is called - Answer- a contract Antitrust laws prohibit competing brokers from all of the following - Answer- 1. boycotting other brokers in the marketplace. 2. dividing the market to restrict competition. 3. agreeing to set sales commissions and management rates. When a sewer line is installed down a rural road, the cost will probably be shared b...

Regulatory Powers Enable the agency to pass specific regulations and rules to support the administration of the license law Judicial Powers Enable it to conduct hearings and investigations into the activities of licensees and to rule on license suspensions or revocations Administrative Powers Enable it to establish the staff organization, records, and facilities to manage the licensing process and the licensees themselves Mission of the Tennessee Real Estate Commission P...

Regulatory Powers Enable the agency to pass specific regulations and rules to support the administration of the license law Judicial Powers Enable it to conduct hearings and investigations into the activities of licensees and to rule on license suspensions or revocations Administrative Powers Enable it to establish the staff organization, records, and facilities to manage the licensing process and the licensees themselves Mission of the Tennessee Real Estate Commission P...

PSI National Exam for Real Estate || Complete Questions & Answers (Rated A+) PSI National Exam for Real Estate || Complete Questions & Answers (Rated A+) A written agreement in which a purchaser agrees to buy and a seller agrees to sell is called - ANSWER - a contract Antitrust laws prohibit competing brokers from all of the following - ANSWER - 1. boycotting other brokers in the marketplace. 2. dividing the market to restrict competition. 3. agreeing to set sales commissions and manage...

PSI REAL ESTATE SALESPERSON PRACTICE EXAM QUESTIONS AND ANSWERS LATEST. A couple listed their home with a broker. After 2 months, the seller found a buyer, and the sale closed. The seller was not obligated to pay a commission to the broker. This listing was MOST likely 1. an exclusive agency listing. 2. an exclusive right to sell listing. 3. a net listing. 4. an advance fee listing. - Answer- an exclusive agency listing What critical aspect of the property inspection process MUST license...

PSI Exam Prep Oregon Real Estate Review Questions and answers, graded A+/ verified. A borrower has defaulted on the mortgage. The mortgage contains an acceleration clause. This permits the lender to - -demand immediate payment of the entire note. A broker has brought a ready, willing, and able buyer to a seller. In MOST listing contracts, the broker has earned his commission when - -the seller accepts the offer. A broker lists a property, with a listing contract allowing subagency and du...

PSI COLORADO RE - COLORADO FORMS AND CONTRACTS QUESTIONS AND ANSWERS, VERIFIED/ single party listing - -broker or seller has prospective buyer in mind - only valid if that prospect buys listing is only a few days Should have no hold over can use the exclusive right to sell or lease contract but must add commission specific provisions buyer representation agreement/Exclusive Right to Buy Listing Contract - -An agreement setting out a principal-agent relationship in which the real estate p...

PSI REAL ESTATE SALESPERSON PRACTICE EXAM QUESTIONS AND ANSWERS LATEST. A couple listed their home with a broker. After 2 months, the seller found a buyer, and the sale closed. The seller was not obligated to pay a commission to the broker. This listing was MOST likely 1. an exclusive agency listing. 2. an exclusive right to sell listing. 3. a net listing. 4. an advance fee listing. - Answer- an exclusive agency listing What critical aspect of the property inspection process MUST license...

PSI National Exam for Real Estate Exam Questions and Answers A written agreement in which a purchaser agrees to buy and a seller agrees to sell is called - Answer- a contract Antitrust laws prohibit competing brokers from all of the following - Answer- 1. boycotting other brokers in the marketplace. 2. dividing the market to restrict competition. 3. agreeing to set sales commissions and management rates. When a sewer line is installed down a rural road, the cost will probably be shared b...

PSI REAL ESTATE SALESPERSON PRACTICE EXAM QUESTIONS AND ANSWERS LATEST. A couple listed their home with a broker. After 2 months, the seller found a buyer, and the sale closed. The seller was not obligated to pay a commission to the broker. This listing was MOST likely 1. an exclusive agency listing. 2. an exclusive right to sell listing. 3. a net listing. 4. an advance fee listing. - Answer- an exclusive agency listing What critical aspect of the property inspection process MUST license...