Real estate transaction - Study guides, Class notes & Summaries
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Georgia MLS Practice Exam (QUESTIONS & ANSWERS)100% CORRECT ANSWERS LATEST 2024/2025(A+ RATED VERIFIED BY EXPERTS)
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When should a licensee disclose to the parties whom their firm intends to represent in a transaction? - ANSWER Disclosure should be made verbally and in writing to all parties as soon as possible. 
 
A selling broker desires to represent a purchaser in a real estate transaction while at the same time act as a subagent of the listing broker and seller. Could the broker perform both of these functions in the same transaction? - ANSWER No, when a broker working with a buyer acts as a subagent...
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Dubai RERA Broker Exam 2023 with 100% correct answers
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Which law applies to 
Designated Areas 
(Freehold vs Leasehold for non GCC) 
Regulation No. 3 of 2006 
 
 
 
Which law applies to 
Regulation of Real Estate Brokers 
Law No. 85/2006 
 
 
 
Which law applies to 
Land Registration & Ownership (Role of DLD) 
Law No. 7/2006 
 
 
 
Which law applies to 
Establishment of RERA 
Law No. 16/2007 
 
 
 
Which law applies to 
Escrow Accounts 
Law No. 8/2007 
 
 
 
Which law applies to 
Tenancy Law 
Law No. 26/2007 
Law No. 33/2008 (amendment) 
 
 
 
Which ...
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Texas Promulgated Contracts-CHAMPIONS Exam 2022-2023.
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Texas Promulgated Contracts-CHAMPIONS STUDY 2022-2023. 
The elements of a valid contract are, competent parties, consideration, legal subject matter, in writing, and ___________. 
 
(a) Default 
 
(b) Mutual consent 
 
(c) Property condition 
 
(d) Recording 
 
A(n) __________________ contract is defined as a contract that is binding on the parties, with one or more of the parties having contractual duties that have not yet been performed. 
 
(a) Executory 
 
(b) Executed 
 
(c) Bilatera...
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SC Property Management License Exam with Complete & Verified Solutions | 2024 Update
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SC Property Management License Exam with Complete & 
Verified Solutions | 2024 Update 
PM & PMIC licenses need to renewed biennially - Answer ️️ -June 30th (end of state's fiscal 
year) 
Conversion - Answer ️️ -to use trust funds for the purpose other than the purpose of which they 
are held. Unlawful use of funds. 
Customer - Answer ️️ -a buyer, seller, landlord or tenant who uses the services of a real estate 
licensee but does not establish an agency relationship through a writte...
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Gold Coast Real Estate Exam Questions With Verified Answers Latest 2024 Graded A+
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Gold Coast Real Estate Exam Questions With Verified Answers Latest 2024 Graded A+ . Tract building - Answer- When a dev. Acquired land, records a plat map and uses a 
model center from which sales may be made 
Local level - Answer- Planning, zoning, property taxation, building and health codes and 
regulations, and building moratoriums that affect development play a significant role in 
the cost and desirability of real estate 
Broker associate - Answer- A licensed broker working for another bro...
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Aceable Law of Agency Review Exam Questions with 100% Correct Answers
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Aceable Law of Agency Review Exam 
Questions with 100% Correct Answers 
Here are the four major types of agency acts: - answerListing 
Buying 
Leasing 
Property Management 
TREC's purpose is to - answerregulate educational and licensing programs that maintain 
standards AND interpret legislation that affects the real estate profession — primarily the Texas 
Real Estate License Act (TRELA). 
Integrity - answerSatisfy to the commission (TREC) that the candidate meets and exceeds 
their characte...
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LML4806 PORTFOLIO MEMO - MAY/JUNE 2023 - SEMESTER 1 - UNISA (DETAILED MEMO - DISTINCTION GUARANTEED!)
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LML4806 PORTFOLIO MEMO - MAY/JUNE 2023 - SEMESTER 1 - UNISA (DETAILED MEMO - DISTINCTION GUARANTEED!) 
 
QUESTION 1 
 
1.1	The Memorandum of Incorporation of Generators Unlimited (Pty) Ltd provides that only the board of directors, or any director authorised by the board, has the power to conclude contracts on behalf of the company. It also states that any transaction that exceeds R10 million must first be authorised by the company’s shareholders at a general meeting by way of an ordinary reso...
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Law of Contracts - CHAMPIONS TEST|Latest Update Graded A+
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Law of Contracts - CHAMPIONS TEST|Latest Update Graded A+ 
The TREC residential contract forms are: 
Drafted by the Broker Lawyer Committee 
 
 
Wrongful or criminal deception intended to result in financial or personal gain is called: 
fraud 
 
 
Under the Deceptive Trade Practices Act, __________ are defined as tangible chattels. 
goods 
 
 
If a seller will continue to occupy the property for one month after the closing, the buyer and seller should: 
Enter into a Seller's Temporary Residenti...
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45 Hour Post License Florida Exam with veried questions & 100% correct answers latest 2024 update graded A+
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45 Hour Post License Florida Exam with veried questions & 100% correct answers latest 2024 update graded A+ 
The __________ prohibits discrimination based on race in the purchase, sale, or lease of real property. - ANSWER>>>Civil Rights Act of 1866 
Fair housing laws prohibit ______, ________, and _________. - ANSWER>>>Steering or Channeling, Blockbusting, Redlining 
absentee owners - ANSWER>>>owners who buy income property as investments and depend on professionals to...
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Missouri Real Estate Exam Questions and Answers 100% Pass
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Missouri Real Estate Exam Questions and Answers 100% Pass 
The MREC requires the brokers for the buyer and seller to retain legible copies of both buyer's and seller's signed closing statements 3 years 
By what title is Chapter 339 of the Missouri State Statutes also known? The license law 
If the buyer and seller are represented by different brokers, it is the responsibility of ________ to deliver, or cause to have delivered, the closing statements. listing broker 
Broker Kelley took a listin...
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