Real estate stuvia - Study guides, Class notes & Summaries

Mississippi Real Estate Exam| 195 Questions With Complete AnswersMississippi Real Estate Exam| 195 Questions With Complete AnswersMississippi Real Estate Exam| 195 Questions With Complete AnswersMississippi Real Estate Exam| 195 Questions With Complete Answers Fee Simple Estate - ANSWER An estate only limited by government; no other restrictions of ownership Fee Simple Estate - ANSWER also called indefeasible fee estate Freehold estates - ANSWER All fee estates are Qualified fee esta...

A surplus spending unit's A) income and expenditures for the period are equal. B) income for the period exceeds expenditures. C) expenditures for the period exceed receipts. D) spending is entirely financed by credit cards ANSWER: B) income for the period exceeds expenditures. Which sector has been most consistently in a surplus budget position? A) Business B) Government C) Foreign D) Household ANSWER: D) Household Money market mutual funds are a strong competitor for Deeagles - St...

Rockwell WA Real Estate Practice Exam 2024 Questions and Answers (Graded A)Rockwell WA Real Estate Practice Exam 2024 Questions and Answers (Graded A)Rockwell WA Real Estate Practice Exam 2024 Questions and Answers (Graded A)Rockwell WA Real Estate Practice Exam 2024 Questions and Answers (Graded A) A property is listed for $275,000. The buyers offer $265,000, and insist that the gourmet six-burner stove remain with the property. When the signed offer is presented to the sellers, the sellers ac...

Mississippi Real Estate Exam Correct Questions & Answers (SCORED A)Mississippi Real Estate Exam Correct Questions & Answers (SCORED A)Mississippi Real Estate Exam Correct Questions & Answers (SCORED A)Mississippi Real Estate Exam Correct Questions & Answers (SCORED A)Real versus personal property - ANSWER real property: Real estate and the bundle of rights Personal property: all property that is not land or permanently attached to land, excepting trade fixtures and emblements. Physical ch...

A bond is a formal agreement where the borrower can use your money for a set period of time and you as the lender will get paid a specific amount of interest in return. ANSWER: True A claim is a request for payment to recover the financial loss from damages. ANSWER: True A complicated budget is more likely to motivate you to achieve your financial goals. ANSWER: False A house payment and utilities are examples of ANSWER: Fixed expenses A job and a career are basically the same thing. ...

MS Real Estate PSI Exam Study Guide Accurate 100% MS Real Estate PSI Exam Study Guide Accurate 100% MS Real Estate PSI Exam Study Guide Accurate 100% Property Ownership - ANSWER An item that has a legal owner, along with the attendant rights to legal ownership. Real Property - ANSWER Ownership of real estate and the bundle of rights associated with owning real estate. Personal Property - ANSWER Ownership of anything which is not real estate, and the rights associated with owning the p...

MS State Real Estate Exam Correct Questions & Answers (SCORED A+)MS State Real Estate Exam Correct Questions & Answers (SCORED A+)MS State Real Estate Exam Correct Questions & Answers (SCORED A+)MS State Real Estate Exam Correct Questions & Answers (SCORED A+)MS State Real Estate Exam Correct Questions & Answers (SCORED A+) Who are exempt from having a real estate license? - ANSWER Public officials The following people may be excluded from holding a real estate license exept? - ANSWER A pers...

1. Real property can be acquired or conveyed via - ANSWER transfer wills and trust intestate succession adverse possession by natural causes The transfer of the title to real property and possession of lands, tenements, or other things, from one person to another. - ANSWER Alienation Property is acquired by transfer when - ANSWER by an act of the parties or law, title is conveyed from one person to another by means of a written document. The most common method of transferring rea...

The real estate exam consists of 110 questions, 80 on the national portion of the test and 30 on the Texas portion of the test. A. True B. False - ANSWER A. True The difference between the market value of a property and the sum of the liens against it is called: A. the equity B. due on sale C. the assessment D. the loan-to-value ratio - ANSWER A. the equity Which of the following are public restrictions on the use of real property? A. zoning laws B. condominium byla...

Illinois Real Estate Exam Questions and Answers 100% CorrectIllinois Real Estate Exam Questions and Answers 100% CorrectIllinois Real Estate Exam Questions and Answers 100% CorrectIllinois Real Estate Exam Questions and Answers 100% Correct Fiduciary responsibilities agent has to its principal - ANSWER-OLD CAR ; Obedience, Loyalty, disclosure, confidentiality, accounting, reasonable skill and care alienation - ANSWER-The act of transferring property to another. Alienation may be voluntary, s...