Tax prorations - Study guides, Class notes & Summaries

VanEd Summary Exam Questions 2023/2024 the "Common Interest Community Governing Documents" subsection of the residential sales contract requires the "Governing" and "Financial" documents be delivered to buyer on or before the title Deadline by the: - ANSWER-seller A major purpose of Commission Rule F is to: - ANSWER-help brokers comply with the Colorado Supreme Court Conway-Bogue decision. A heavily encumbered property sells for $200,000.00 with anticipated total cash proceeds to ...

Latest Real Estate Final Exam- 100 Questions and Answers |UPDATED| Graded A+ Zoning is under the control of: *Ans* government agencies. A contract that is binding and enforceable in a court of law is said to be: *Ans* valid. Escrows base monthly prorations on how many days? *Ans* 30 The area of a rectangular lot that is 50 feet wide by 100 feet deep is: *Ans* 5,000 sq. ft. For about how much assessed value is the Homeowner's Property Tax Exemption? *Ans* $7,000 Misuse of the real est...

VanEd Summary Exam Questions 2023/2024 the "Common Interest Community Governing Documents" subsection of the residential sales contract requires the "Governing" and "Financial" documents be delivered to buyer on or before the title Deadline by the: - ANSWER-seller A major purpose of Commission Rule F is to: - ANSWER-help brokers comply with the Colorado Supreme Court Conway-Bogue decision. A heavily encumbered property sells for $200,000.00 with anticipated total cash proceeds to ...

Principles of Real Estate Exam With 100% Correct Answers 2024 Zoning is under the control of: - answergovernment agencies Easements appurtenant are for the benefit of: - answeradjoining (neighboring) landowners A contract that is binding and enforceable in a court of law is said to be: - answervalid Who makes an offer on a property that is for sale? - answerOfferor (Buyer) Escrows base monthly prorations on how many days? - answer30 The process of proportionally dividing rents, property t...

Georgia Real Estate Exam Graded A+ Easement by prescription ️Easement acquired by continuous open and hostile use of the property for the period of time prescribed by state law Easement by necessity ️Easement allowed by law as necessary for the full enjoyment of parcel of real estate .(right of ingress and egress over a grantors land) Rescission ️The practice of one party canceling or terminating a contract. Mortgagee ️The bank(receiving the house) Tax prorations ️Taxes a...

Escrow Sample Test 100% Correct Solved An escrow is an arrangement that: a) Holds documents, b) Holds funds, c) Creates documents to affect a transfer of interest in property, d) is responsible for guaranteeing funds. - Correct Answer ️️ -A, B, C, E When is it necessary to have closing documents recorded prior to disbursement of escrow funds? a) it is not necessary, b) in almost all situations, c) when instructed by one of the parties to the escrow, d) only when the written instruction...

Easement by prescription - correct answer -Easement acquired by continuous open and hostile use of the property for the period of time prescribed by state law Easement by necessity - correct answer -Easement allowed by law as necessary for the full enjoyment of parcel of real estate .(right of ingress and egress over a grantors land) Rescission - correct answer -The practice of one party canceling or terminating a contract. Mortgagee - correct answer -The bank(receiving the house) Ta...

State Exam FLORIDA REAL ESTATE Questions and Answers 100% Pass When money is paid out of the RE recovery fund, on behalf of a Florida Real Estate - Correct Answer ️️ -the licensee's license will be automatically suspended, the max. amount that can be reimbursed is $50,000, the judgement holder cannot be reimbursed for attorney's fees and court costs Which of the following is true regarding the Florida RE commission? - Correct Answer ️️ -Two members do not have to have a Florida ...

45 hr post test fl real estate assessment test questions with complete solutions conformity - Answer-when a neighborhood has homes of similar design, construction, and age, etc. restrictive covenants - Answer-used to promote the principle of conformity to maintain and enhance values of properties. contribution - Answer-when an improvement is made to a property, land or building, that improvement is only worth what is adds to the property's value. reconciliation - Answer-the resoluti...

Real Estate Final Exam | 100 Questions| AcZoning is under the control of: - ANSWER government agencies. A contract that is binding and enforceable in a court of law is said to be: - ANSWER valid. Escrows base monthly prorations on how many days? - ANSWER 30 The area of a rectangular lot that is 50 feet wide by 100 feet deep is: - ANSWER 5,000 sq. ft. For about how much assessed value is the Homeowner's Property Tax Exemption? - ANSWER $7,000 Misuse of the real estate appraisal re...