Eal estate licensee Study guides, Class notes & Summaries

What action should the seller take when an offer is rejected? Make a formal counter offer. Complete a contract rider. Complete an addendum. Note the rejection on the offer. Note the rejection on the offer. Which of the following requires a written contract? The purchase of a TV for $378.00 A real estate lease for a term less than one year A real estate lease for a term longer than one year A potential buyer visiting an open house showing A real estate lease for a term longer...

Real Estate License – Tennessee | 136 Questions and Answers 100% Correct | New Update 2024

Tennessee Real Estate License Law Questions and Answers Graded A+ Never When is it legal for the commission to set real estate commisions? An unlicensed person who receives payment for performing an activity requiring licensure is liable for Up to three times the amount of the payment received. How is the Real Estate Recovery Fund funded? By fees paid by applicants for license and license renewal. What is the dollar limit of the additional license renewal fee that goes toward the ...

Illinois Real Estate Licensee Practice Questions and Answers (100% Guaranteed Pass)

Real Estate License - Tennessee

Real Estate License - Tennessee Exam Questions And Answers Solved 100% Correct!

Illinois Real Estate Licensee Practice Questions Verified Answers The final decision on the listing price for a property is made by the a) listing broker b) sponsoring broker c) seller d) appraiser ️c) seller A rectangular parcel of land is 260 feet deep and 50 yards wide. How many square feet does it contain? a) 13,000 sq. ft. b) 36,400 sq. ft. c) 39,000 sq. ft. d) 52,000 sq. ft. ️c) 39,000 sq. ft. A fee simple holder of a parcel of real estate grants a life estate to ...

Illinois Real Estate Licensee Practice Questions With Complete Solutions To Score A+

What action should the seller take when an offer is rejected? Make a formal counter offer. Complete a contract rider. Complete an addendum. Note the rejection on the offer. - Note the rejection on the offer. Which of the following requires a written contract? The purchase of a TV for $378.00 A real estate lease for a term less than one year A real estate lease for a term longer than one year A potential buyer visiting an open house showing - A real estate lease for a term longer than on...

Never Correct Answer: When is it legal for the commission to set real estate commisions? An unlicensed person who receives payment for performing an activity requiring licensure is liable for Correct Answer: Up to three times the amount of the payment received. How is the Real Estate Recovery Fund funded? Correct Answer: By fees paid by applicants for license and license renewal. What is the dollar limit of the additional license renewal fee that goes toward the Real Estate Fund? Corr...