Real estate nebraska - Study guides, Class notes & Summaries

Nebraska Real Estate Exam Review. State and National Test 2024. A salesperson may, without the supervision of a broker: - correct answer Handle the closing of his own property sold "by owner". A broker is guilty of commingling funds if he: - correct answer Places an earnest deposit in anything other than the designated brokerage account. A real estate broker trading under an assumed, or fictitious name: - correct answer Must furnish a certificate to the commission setting forth such ass...

A broker who operates under a franchise name other than the personal or breakage firm name, when advertising: A. must include the brokerage firm name recorded with the Commission B. use only the franchise name in advertising C. May advertise in any manners long as the brokers personal name is used D. file the franchise contract with the Real Estate Commission correct answer: A Which of the following is exempt from needing a license? A. personal representative B. farm manager of a farm ...

STATE (Nebraska) Real Estate Practice Exam 1 Question and answers already passed STATE (Nebraska) Real Estate Practice Exam 1 Restrictive Covenants - correct answer prohibit all future owners from certain actions or modifications of their property and placed by private parties, consistency and desirability of a neighborhood Closing Disclosure, a statement of actual charges and adjustments, to the borrower by the lender - correct answer The TRID form, TILA-RESPA escrow accounts that ac...

Nebraska license law Question and answers 2023/2024 verified to passLicense law - correct answer Particular state laws having to do with qualifications, licensing, and oversight of real estate or other professionals are known as______. These laws are passed by the state legislature Pre license education - correct answer To obtain a real estate salesperson’s license, one must furnish evidence of completion of____ which includes two commission approved courses in real estate subjects composed...

NE Real Estate License Act Exam Questions and Answers 100% Pass 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; - Answer- 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 wa...

Nebraska Specific Real Estate Review questions and answers

Real Estate Sale Associate Pre License Course Exam Prep (GOLD COAST HIGHLIGHTS) Questions And Answers. Farming - correct answer. licensee concentrate on one type or style of property or on one particular neighborhood Farm area or target market - correct answer. Finding and specializing in a particular neighborhood or type of property. Considered to be one of the best ways to succeed in the real estate business Tract building - correct answer. When a devel...

Nebraska Real Estate Exam Review. State and National Questions and Answers 100% Pass A salesperson may, without the supervision of a broker: - Answer- Handle the closing of his own property sold "by owner". A broker is guilty of commingling funds if he: - Answer- Places an earnest deposit in anything other than the designated brokerage account. A real estate broker trading under an assumed, or fictitious name: - Answer- Must furnish a certificate to the commission setting forth such as...

Real Estate Exam Questions and Answers Graded A+ A city acquires a 10' strip of a property owner's land for a public walking trail. The owner's home is not affected and she is able to use the land. Is the owner eligible for compensation? Yes, because the city is using its power of eminent domain for public good A broker price opinion is often requested By a bank Repairing the roof, recoating the driveways, replacing lighting, and cleaning out the gutters on an apartment building are consid...

Nebraska Real Estate Exam Review. State and National Questions and Answers 100% Pass A salesperson may, without the supervision of a broker: - Answer- Handle the closing of his own property sold "by owner". A broker is guilty of commingling funds if he: - Answer- Places an earnest deposit in anything other than the designated brokerage account. A real estate broker trading under an assumed, or fictitious name: - Answer- Must furnish a certificate to the commission setting forth such as...