A man just sold a condo - Study guides, Class notes & Summaries

National Real Estate Exam - Guide to Pearson Vue Book Questions and Answers (100% verified answers) | Latest Updated 2024

National Real Estate Exam - Guide to Pearson Vue Book Latest Update Graded A+ The phrase definite duration refers to: An estate for years A lease that automatically renews itself, in the absence of notice, is: A periodic tenancy A man just sold a condo for $80,000. This gave him a 20% profit on what he paid. What did the man pay? $80,000/1.20 $66,666 A requirement of a valid deed is that the deed be: Signed by the grantor To locate buyers for other properties, a broker advert...

National Real Estate Exam - Guide to Pearson Vue Book, Question sections coverage. Rated A+. Verified. An estate for years - -The phrase definite duration refers to: A periodic tenancy - -A lease that automatically renews itself, in the absence of notice, is: $66,666 - -A man just sold a condo for $80,000. This gave him a 20% profit on what he paid. What did the man pay? $80,000/1.20 Signed by the grantor - -A requirement of a valid deed is that the deed be: The Truth In Lending...

National Real Estate Exam - Guide to Pearson Vue Book Questions and Answers An estate for years - Answer- The phrase definite duration refers to: A periodic tenancy - Answer- A lease that automatically renews itself, in the absence of notice, is: $66,666 - Answer- A man just sold a condo for $80,000. This gave him a 20% profit on what he paid. What did the man pay? $80,000/1.20 Signed by the grantor - Answer- A requirement of a valid deed is that the deed be: The Truth In Lending Act - A...

Michigan Real Estate Exam (set 9) Questions and Answers Calder's Construction Company has built a home in a new subdivision which was sold 6 months after it was built, for $48,500. This amount reflected a loss of 3%. Knowing this, what was the original asking price on the home? $50,000 To figure this out, take the sale price and divide it by 97% (100%-3% loss=97%). So, $48,500/97% = $50,000. A seller was selling an unimproved 1.1-acre lot for $10,000. The seller listed the property ...

National Real Estate Exam - Guide to Pearson Vue Book Questions and Answers An estate for years - Answer- The phrase definite duration refers to: A periodic tenancy - Answer- A lease that automatically renews itself, in the absence of notice, is: $66,666 - Answer- A man just sold a condo for $80,000. This gave him a 20% profit on what he paid. What did the man pay? $80,000/1.20 Signed by the grantor - Answer- A requirement of a valid deed is that the deed be: The Truth In Lending Act - A...

National Real Estate Exam - Guide to Pearson Vue Book, Questions And Correct Answers An estate for years The phrase definite duration refers to: A periodic tenancy A lease that automatically renews itself, in the absence of notice, is: $66,666 A man just sold a condo for $80,000. This gave him a 20% profit on what he paid. What did the man pay? $80,000/1.20 Signed by the grantor A requirement of a valid deed is that the deed be: The Truth In Lending Act To locate buyers for other pro...

National Real Estate Exam - Guide to Pearson Vue Book Questions and Answers An estate for years - Answer- The phrase definite duration refers to: A periodic tenancy - Answer- A lease that automatically renews itself, in the absence of notice, is: $66,666 - Answer- A man just sold a condo for $80,000. This gave him a 20% profit on what he paid. What did the man pay? $80,000/1.20 Signed by the grantor - Answer- A requirement of a valid deed is that the deed be: The Truth In Lending Act - A...

An estate for years - The phrase definite duration refers to: A periodic tenancy - A lease that automatically renews itself, in the absence of notice, is: $66,666 - A man just sold a condo for $80,000. This gave him a 20% profit on what he paid. What did the man pay? $80,000/1.20 Signed by the grantor - A requirement of a valid deed is that the deed be: The Truth In Lending Act - To locate buyers for other properties, a broker advertised a property that was not available but which would ge...

National Real Estate Exam - Guide to Pearson Vue Book, Questions And Correct Answers An estate for years The phrase definite duration refers to: A periodic tenancy A lease that automatically renews itself, in the absence of notice, is: $66,666 A man just sold a condo for $80,000. This gave him a 20% profit on what he paid. What did the man pay? $80,000/1.20 Signed by the grantor A requirement of a valid deed is that the deed be: The Truth In Lending Act To locate buyers for other pro...