A works for the broker - Study guides, Class notes & Summaries
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Commercial Real Estate SAE - Champion's School of Real Estate 495 Questions with Verified Answers,100% CORRECT
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Commercial Real Estate SAE - Champion's School of Real Estate 495 Questions with Verified Answers 
 
Productivity Management - CORRECT ANSWER Measuring the results from the use of available systems and tools for prospecting activities 
 
CRM - CORRECT ANSWER Contact Relationship Manager, a tool used to automate prospecting tasks and manage leads 
 
Geographic farming - CORRECT ANSWER A particular area that may include neighborhoods that a sales agent or broker markets for the solicitation of bus...
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RMIN 5100S Test 1 Atkinson Questions and Answers Solved 100%
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Abandonment - - Insurance company may choose to take damaged property and pay insured the 
value 
- Insured CANNOT surrender damaged property to insurance company 
Active Retention - Identify the loss/risk exposure and really consider the risk itself and all the 
measures around it. (ex. Should we transfer it, retain it etc.) 
Admitted (standard or retail) Insurance companies - Regulated by the state, They often must 
subscribe to rating and form regulations of that state. 
Agent or Broker - "In...
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Colorado Real Estate Exam: Questions & Answers: Guaranteed A+ Score : Latest Updated
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Duties of the Colorado Real Estate Commission include all of the following EXCEPT 
A) Investigation of verified written complaints. 
B) Approving errors and omissions carriers. 
C) Creating the Annual Commission Update course each year. 
D) Hearing disputes between brokers. 
(Ans- D) Hearing disputed between brokers. 
 
A buyer in a closed transaction has filed a complaint with the Colorado Real Estate Commission, claiming the buyer's agent misrepresented the property. The Commission, in respo...
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Champions School of Real Estate Law of Agency – Questions and Answers Already Passed
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Champions School of Real Estate Law of 
Agency – Questions and Answers 
 
Already Passed 
 
The principal is also known as client 
 
fiduciary relationship a relationship founded on trust and confidence 
 
Agency Relationship Exists when one person (the agent) acts for, or on 
behalf of another person (the principal). 
 
the principal is the one who hires and gives authority to the agent 
 
Texas Real Estate License Act TRELA Was passed 1939. The purpose is to protect the 
public against unscr...
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Texas Auctioneer License Part 2 Exam Questions and Correct Answers
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Texas Auctioneer License Part 2 Exam Questions and Correct Answers 
Name some persons that are exempt from needing an auctioneer license. - CORRECT ANSWERS 1. U.S. court ordered sale 
2. A government sponsored or conducted sale. 
3. A charitable organization as long as no compensation 
4. A sale of real property by a trustee under a security instrument. 
5.A sale of real property by an owner with an interest or employee (unless he/she is a licensed auctioneer by trade) and all pr...
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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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Florida Real Estate State Exam Questions and Answers 2024
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In which area of brokerage has absentee ownership increased the demand? - Correct answer-Property management 
 
How is a real estate appraiser typically paid? - Correct answer-A fee based upon time and difficulty of the appraisal 
 
What does the local planning agency have the authority to approve - Correct answer-A subdivision plat map 
 
What is it called when a developer gives the land to a government body - Correct answer-Dedication 
 
What business is a licensee engaged in who markets, leas...
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Gold Coast Final Exam Questions and Answers 100% Solved
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Gold Coast Final Exam Questions and Answers 100% Solved What is the form you sign that says you will pay the loan back ? promissory note 
What is the post licensing grace period after first expiration ? none 
Deposits is a form of... valuable consideration 
Physical land and improvements real property 
Is it a violation if a sales associate work for two brokers Monday-Friday, and Saturday and Sunday and getting paid commission from both Yes 
What is the maximum fine per offense ? $5,000 per fine...
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Real estate class final exam(2023- 2024)With complete updated solution Which of the following cannot be a trustee? - answerCPA The discount points are 3%, which represents $2,700. The buyer down payment is 20%. What is the purchase price of the property -
- Exam (elaborations) • 16 pages • 2023
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Real estate class final exam(2023- 
2024)With complete updated solution 
Which of the following cannot be a trustee? - answerCPA 
The discount points are 3%, which represents $2,700. The buyer down payment is 20%. What is the purchase price of the property - answer100%-20%= 80% 
$2,700/3%= $90,000 
90,000/80%= $112,500 
A method of legal description that uses definite property lines and starting points is called? - answerFormal metes and bounds 
The seller wants to net $175, 000 after paying a 6...
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Champions Powerhouse Training SAE 146 Questions with Verified Answers,100% CORRECT
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Champions Powerhouse Training SAE 146 Questions with Verified Answers 
 
An area of neighborhoods or sub divisons that 
is serviced by your firm. - CORRECT ANSWER Geographic Farm 
 
A plan by which you develop to gain name 
recognition - CORRECT ANSWER Marketing Plan 
 
Becoming different in your approach through 
growth and development - CORRECT ANSWER differentiate 
 
All the properties in a particular price range, 
in the area your firm services - CORRECT ANSWER economic farm 
 
Words or cont...
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Gold Coast RE 1001 Cram, Practice Math and Final Exam with complete solutions
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312. Florida has established three authorized brokerage relationships. Unless otherwise established by agreement, what is the broker's relationship with the public? 
 
a. Nonrepresentation 
b. Single agency 
c. Dual agency 
d. Transaction brokerage - Answer- D. Transaction brokerage 
 
242. A broker has been found guilty of mail fraud by a court and sent to jail. The broker's license will: 
 
a. Automatically be revoked 
b. Automatically be suspended 
c. Probably be revoked because of the 
con...
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