Real estate exam state - Study guides, Class notes & Summaries

PSI Real Estate State Exam (NJ) Question and answers rated A+ 2023/2024 C. an involuntary lien - correct answer When a land owner uses his land as security for a loan, the encumbrance created is called. C. Question the seller to any known defects - correct answer If an owner wants to list a property for sale "as is," the listing agent should A. licensee must hold a timeshare license - correct answer According to the New Jersey Real Estate Time Share Act, if a licensee is selling a times...

LPL4802 October November PORTFOLIO Semester 2 2024 - DUE 30 October 2024 ;100 % TRUSTED workings, Expert Solved, Explanations and Solutions. For assistance call or W.h.a.t.s.a.p.p us on ...(.+.2.5.4.7.7.9.5.4.0.1.3.2)........... QUESTION 1 (ESSAY) NATURE AND ASSESSMENT OF NON-PATRIMONIAL LOSS AND DAMAGES FOR PATRIMONIAL LOSS (4 pages, including rubric) PLEASE NOTE: You must present your answer in the form of an essay. Its marking rubric is attached with this examination paper. Study the case Ko...

Florida Real Estate Exam Questions With Solutions Latest Updated Rated 100%. In which form of co-ownership is a person's ownership inheritable? a. Joint tenancy b. Tenancy by the entirety c. Tenancy in common d. Tenancy in severalty c. Tenancy in common allows for a persons share to be inheritable, it does not automatically pass forth to the rest of the owners like in joint tenancy (this is called the right of survivorship). Florida Real Estate Exam Questions With Complete Solutions Lat...

Gold Coast Real Estate Final Exam Questions and Answers Latest Update 2024 (Graded) Real Estate Brokerage (Ch. 1) - Answer- A business in which real estate-related activities are performed under the authority of a licensed real estate broker Farming (Ch. 1) - Answer- concentrating on one type or style of property in one particular area of neighborhood Property Transfer, Valuation & Marketing (Ch. 1) - Answer- areas of expert knowledge that are required for all real estate licensees Residen...

South Carolina Real Estate Exam (State Portion Only) Questions and Answers The creditor should ascertain the preference of the _____ as to legal counsel relating to closing the loan and insurance agent. A) lender B) seller C) real estate agent D) borrower - Correct Answer ️️ -D) borrower The assumption fee when assuming a loan in SC may not exceed _____. A) 1% of the loan or $400, whichever is greater B) 1/2% of the loan C) $500 D) 1% of the loan or $400, whichever is less - Corr...

Champions Real Estate Finance Exam (2024/ 2025) 100% Correct Questions and Verified Answers| Grade A Q: The money that mortgage companies use to make loans come from the sale of ________, which is considered a business transaction, not a savings account deposit procedure. Answer: Bonds Q: Government entities regularly sell bonds to Answer: Fund major capital investments Q: Advantage of municipal bonds is Answer: That the interest paid to investors is not subj...

DC STATE PORTION EXAM REVIEW QUESTIONS AND ANSWERS, 100% ACCURATE. QUESTIONS BANK Who appoints members of the DC Real Estate Commission? The commission executive director The DC Council chairperson The mayor The outgoing commissioners - -The mayor Jersey, a real estate licensee who lives in DC, inherited a 5% interest in a strip mall. Pete, her neighbor, saw a for sale sign at the strip mall and wants her to make an offer on the property on his behalf. Jersey considers her personal i...

REAL ESTATE U FINAL EXAM QUESTIONS AND VERIFIED ANSWERS 2024 GRADED A. 2 / 8 1. Article 12-A of the NYS Real Property Law: The section of the NewYork RealProperty Law pertaining to real estate salespersons and brokers. - Primary purpose is to "Protect the Public" - Requires a salesperson to be at least 18 years of age - Requires a broker to be at least 20 years of age 2. Sponsor: A licensed real estate broker that holds the license of a salesperson. 3. "Summary ofYour Submission": ...

Texas Auctioneer License Part 2 Exam Questions and Correct Answers Name some persons that are exempt from needing an auctioneer license. - CORRECT ANSWERS 1. U.S. court ordered sale 2. A government sponsored or conducted sale. 3. A charitable organization as long as no compensation 4. A sale of real property by a trustee under a security instrument. 5.A sale of real property by an owner with an interest or employee (unless he/she is a licensed auctioneer by trade) and all pr...

M-100 Community Association Management 2023/ 2024 Exam| Questions and Verified Answers with Rationales| Grade A+ Q: Each of the following are key characteristics of community associations EXCEPT: a. Mandatory lien-based economic charges or assessments are levied on each owner in order to operate and maintain the community association. b. Membership in the community association is mandatory and automatic for all owners. c. A requirement of community association ownership is serving on the ...