Bob hogue exam - Study guides, Class notes & Summaries

BOB HOGUE SALES ASSOCIATE EXAM REVIEW

Bob Hogue Real Estate Exam Vocab Complete Questions and Answers | Updated

BOB HOGUE PRACTICE EXAM | 117 ACTUAL QUESTIONS AND ANSWERS VERIFIED BY EXPERT | UPDATED

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BOB HOGUE SALES ASSOCIATE EXAM REVIEW | 500+ ACTUAL QUESTIONS AND ANSWERS VERIFIED BY EXPERT | UPDATED the product that real estate licensees market is information knowledge of property transfer, knowledge of market conditions, knowledge of how to market real estate or business a competent licensed real estate professional must know the economic and legal intricacies associated with transfers of - title, property taxes, financing, and local zoning ordinances to be successful, licens...

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BOB HOGUE SALES ASSOCIATE EXAM REVIEW WITH VERIFIED SOLUTIONS What is the “Net Operating Income” (NOI) in real estate? The total income from a property minus the operating expenses. What is a “recourse loan”? A loan where the borrower is personally liable for repayment, even if the collateral is insufficient. What is the role of a “closing agent” in a real estate transaction? To facilitate the closing process by preparing documents, managing funds, and ensuring all...

BOB HOGUE SALES ASSOCIATE EXAM REVIEW EXAM QUESTIONS AND ANSWERS

Bob Hogue Practice Exam 9/2024 Questions and Answers

What authority originates from the U.S. Constitution and relates to protection of health and welfare of citizens at local levels? A) Situs B) Community protection power C) Escheat D) Police power - D) Police power Police power - The authority of government to protect the property, life, health, and welfare of its citizens. Situs refers to prospective buyers' preference for a certain area. Escheat provides for a government, normally a state government, to take the property of an ow...