Auctioneer license Study guides, Class notes & Summaries

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 - Answer- -B: Salesperson can accept compensation only from their sponsoring broker. 2-The minimum age for a New York real estate broker's license is a. 19. b. 18. c. 20. d. 21. - Answer- C. As of July 1,2008 to become a broker you must be 20 years old. 3-Which of the following acts would require a real estate license in New York a. Sal...

Texas Auctioneer License Part 1 Exam With Verified Solutions 2023/2024. Does an auc*oneer need a federal firearms license? Yes AND No; if estate sale then no, consignment sale then yes If an auc*oneer sales a firearm away from their business loca*on, how do they transfer to buyer? It must be returned to their business loca*on before transferring. Who determines the auc*oneers fee in federal bankruptcy court? The court sets the fee. Who must obtain a firearms license? Persons in the busi...

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...

Texas Auctioneer License-Part 1 questions with 100% verified answers Does an auctioneer need a federal firearms license? - CORRECT ANSWER Yes AND No; if estate sale then no, consignment sale then yes If an auctioneer sales a firearm away from their business location, how do they transfer to buyer? - CORRECT ANSWER It must be returned to their business location before transferring. Who determines the auctioneers fee in federal bankruptcy court? - CORRECT ANSWER The court sets the fee. ...

Texas Auctioneer License Part 1 Exam Questions and Correct Answers Does an auctioneer need a federal firearms license? - ANSWER Yes AND No; if estate sale then no, consignment sale then yes If an auctioneer sales a firearm away from their business location, how do they transfer to buyer? - ANSWER It must be returned to their business location before transferring. Who determines the auctioneers fee in federal bankruptcy court? - ANSWER The cour...

Texas Auctioneer License-Part 2 Questions with 100% Correct Answers | Verified | Latest Update

GA Auction Study Guide Exam Questions With 100% Correct Answers An auction listing contract - answerMust be written to be enforceable Seller - answerIn the contracting to operate a consignment auction this determine the rules of the sale between the auctioneer and the _____ If a public auction your seller directs you to disregard ethical behavior, you should: - answerAvoid the seller A real estate deed is a document to determine; - answerConvey land ownership An auctioneers license numbe...

Texas Auctioneer License-Part 2 Exam Solved 100% Correct

Does an auctioneer need a federal firearms license? CORRECT ANSWER Yes AND No; if estate sale then no, consignment sale then yes If an auctioneer sales a firearm away from their business location, how do they transfer to buyer? CORRECT ANSWER It must be returned to their business location before transferring. Who determines the auctioneers fee in federal bankruptcy court? CORRECT ANSWER The court sets the fee. Who must obtain a firearms license? CORRECT ANSWER Persons in the business of...