To a seller - Study guides, Class notes & Summaries
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Real Estate U Final Exam Questions And Answers 2024/2025
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Real Estate U Final Exam Questions And Answers 2024/2025 
 
Article 12-A of the NYS Real Property Law Answer: The section of the New York Real Property 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 
 
Sponsor broker Answer: A licensed real estate broker that holds the license of a salesperson 
 
"Summary of Your Submission" Answer:...
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Rockwell Exam 4 Questions and Answers 100% Verified
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Rockwell Exam 4 Questions and Answers 100% VerifiedRockwell Exam 4 Questions and Answers 100% VerifiedRockwell Exam 4 Questions and Answers 100% Verified 
Once a contract for deed is signed by the parties, the buyer immediately receives: 
 
A. a life estate 
B. legal title 
C. equitable title 
D. the right to lease the property - ANSWER-C. equitable title 
 
A buyer receives equitable title to the property once the land contract has been signed 
 
A real estate broker represents the seller in a ...
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Florida Real Estate Exam TEST Questions WITH 100% Correct Answers LATEST UPDATE 2023/2024
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Florida Real Estate Exam TEST 
Questions WITH 100% Correct 
Answers LATEST UPDATE 
2023/2024 
Binder deposit shows up as what on closing statement? - ANSWER Credit to buyer 
Which of the following is true about leverage? - ANSWER Leverage is the use of 
borrowed funds to purchase assets. 
Which of the following liens would take priority? - ANSWER A property tax lien 
In which of the following theories of mortgage lending does the borrower not retain 
ownership of the property during the loan ...
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Superior School of Real Estate Final | 110 Questions With 100% Correct Answers.
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Which of the following would create legally binding acceptance of a written offer? -The seller's 
agent emails the buyer's agent that the seller signed the offer as written. 
A broker is preparing a comparative market analysis (CMA) for a subject property with 3200 square feet. 
A comparable property has 2750 square feet. The estimated value of 450 additional square feet is 
$22,500. The broker should... -Add $22,500 to the sales price of the comparable property. 
An option to purchase has bee...
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STADIO BLA101 Assignment 1 (ANSWERS) Semester 1 2024
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Well-structured Well-structured BLA101 Assignment 1 (ANSWERS) Semester 1 2024 - DISTINCTION GUARANTEED. (DETAILED ANSWERS - DISTINCTION GUARANTEED!). . (DETAILED ANSWERS - DISTINCTION GUARANTEED!). Question 1 (10 marks) 
MULTIPLE-CHOICE QUESTIONS 
Each of the following sub-questions contains one statement but with multiple possible 
answers. Only one of the answers is correct. Read each statement very carefully and 
then decide which one of the options is the correct one. In your examination scr...
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RAMP Certification Test Questions and Answers 100% Correct 2024
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RAMP Certification Test Questions and Answers 100% Correct 2024 
1.) Which of the following is NOT a component of RAMP certification? 
A. Owner/Manager Training 
B. Server/Seller Training 
C. New Employee Orientation 
D. Signage 
E. Affidavit Request for RAMP Certification 
F. ALL of the above are RAMP components 
F. ALL of the above are RAMP components 
2.) If a licensee or employee sells to a visibly intoxicated person or minor, he/she 
could be 
A. fined by the PLCB 
B. suspended from working...
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Pearson Vue Test Questions And Answers
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Which of the following terms BEST describes personal property that, by its attachment to real property, is regarded as real estate? 
 
A. 
Emblements 
 
B. 
Personality 
 
C. 
Fixtures 
 
D. 
Appliances - Answer- C 
 
A salesperson who completes a written listing agreement with a seller is helping to create a contractual relationship between the: 
 
A. 
salesperson and the seller 
 
B. 
salesperson and the buyer 
 
C. 
salesperson and the listing broker 
 
D. 
salesperson's broker and the selle...
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301- North Carolina Post Licensing | 60 Questions with 100% Correct Answers | Verified | Latest Update 2024
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Can an inactive agent be paid a referral commission if they were active at the time they made the 
referral? - Yes. If and only if they were active at time of referral 
Must Dual Agency be in writing? - Before an offer is made, Yes. Dual agency must be in writing and 
signed by both parties 
At a listing appointment, the agent should be gathering all information for listing and what? - 
Advertising 
May a BIC and their Provisional Broker enter into dual agency together? - No. Because the BIC 
ov...
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REVIEW QUESTIONS AND ANSWERS FOR NY REAL ESTATE EXAM; Updated 2024 WITH CORRECT QUESTIONS AND ANSWERS
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REVIEW QUESTIONS AND ANSWERS FOR NY REAL ESTATE EXAM; Updated 2024 WITH CORRECT QUESTIONS AND ANSWERS 
1-A broker legitimately may pay all or part of Real estate commission to a 
a.	seller 
b.	salesperson 
c.	buyer 
d.	friend who provides a listing lead - correct answers-B: Salesperson can accept compensation only from their sponsoring broker.
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NCREL Post Licensing 301 Broker Relationships and Responsibilities | Questions with 100% Correct Answers | Verified | Latest Update 2024
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A seller's agent or sub-agent must initially disclose her agent status to a prospective buyer when? - 
Before buyer and agent discuss motivation or financial information. 
What fiduciary duties are owed to principals? - Obey, Loyalty, Disclosure, Confidentiality, Accounting, 
& Reasonable care 
(OLD CAR) 
As a dual agent, my fiduciary responsibilities are reduced to the buyer and seller under what agency? - 
Dual Agency - agent cannot advise or council 
Material facts which must be disclosed - ...
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