North dakota real estate - Study guides, Class notes & Summaries

Solution manual for Canadian Income Taxation 20222023 25th Edition by William Buckwold, Joan Kitunen, Matthew Roman CHAPTER 1 TAXATION― ITS ROLE IN BUSINESS DECISION MAKING Review Questions 1. If income tax is imposed after profits have been determined, why is taxation relevant to business decision making? 2. Most business decisions involve the evaluation of alternative courses of action. For example, a marketing manager may be responsible for choosing a strategy for establishing ...

Solution manual for Canadian Income Taxation 20222023 25th Edition by William Buckwold, Joan Kitunen, Matthew Roman CHAPTER 1 TAXATION― ITS ROLE IN BUSINESS DECISION MAKING Review Questions 1. If income tax is imposed after profits have been determined, why is taxation relevant to business decision making? 2. Most business decisions involve the evaluation of alternative courses of action. For example, a marketing manager may be responsible for choosing a strategy for establi...

Florida Real Estate Exam TEST Questions WITH 100% Correct Answers LATEST UPDATE 2023/2024 Binder deposit shows up as what on closing statement? - ANSWER Credit to buyer Which of the following is true about leverage? - ANSWER Leverage is the use of borrowed funds to purchase assets. Which of the following liens would take priority? - ANSWER A property tax lien In which of the following theories of mortgage lending does the borrower not retain ownership of the property during the loan ...

North Dakota Real Estate Exam (State Test) Questions and Answers Already Passed The Real Estate Commission consists of how many members? 5 How many of the commissions members must be active brokers 3 The governor appoints a commissions member for a term of how many years? 5 Terms must be staggered so the term of one member expires each year (T/F) True The commission may submit a report to the governor and secretary of state how often? Biennial The commission shall maintain...

"Dual agency" does not exist unless both the seller and the buyer in a real estate transaction have written agency agreements with the same real estate brokerage firm. (T/F) - True 43-23-11.1 - Licenses may be suspended or revoked after investigations stemming from written complaints or actions initiated by the commission for: - A. Making material false statement B. Misrepresentation C. False promises to induce transactions D. Dual Agency without consent from both parties E. Commingling...

NORTH DAKOTA REAL ESTATE EXAM | QUESTIONS & 100% CORRECT ANSWERS (VERIFIED) | LATEST UPDATE | GRADEA+ The Real Estate Commission consists of how many members? Correct Answer: 5 How many of the commissions members must be active brokers Correct Answer: 3 The governor appoints a commissions member for a term of how many years? Correct Answer: 5 Terms must be staggered so the term of one member expires each year (T/F) Correct Answer: True The commission may submit a report to the gove...

LTV Loan to Value ratio is the percentage of a property values the bank loaned/will loan on. LTVR x Value = Loan Amount Discount Points Pre-paid interest paid by or on behalf of borrowers at the beginning of the loan to reduce monthly mortgage payments 1 point = 1% of the loan = .25% interest reduction Equity Value - amount owed Appreciation increase in value

The term "real estate broker" or "real estate salesperson" also does not include: (2) - Answer An attorney at law, admitted to practice in this state, handling sales of real estate in the course of estate or guardianship administration in district court, or trust administration, bankruptcy proceedings, receiverships, or like actions subject to approval by a court of competent jurisdiction, or sales of real estate arising in the usual course of the practice of law. The term "real estat...

North Dakota Real Estate Exam (State Test) Questions with 100% Correct Answers | Verified | Latest Update 2024

The Real Estate Commission consists of how many members? - 5 How many of the commissions members must be active brokers - 3 The governor appoints a commissions member for a term of how many years? - 5 Terms must be staggered so the term of one member expires each year (T/F) - True The commission may submit a report to the governor and secretary of state how often? - Biennial The commission shall maintain all files, records, and property of the commission at the office of the: - Executive D...

The Real Estate Commission consists of how many members? 5 How many of the commissions members must be active brokers 3 The governor appoints a commissions member for a term of how many years? 5 Terms must be staggered so the term of one member expires each year (T/F) True The commission may submit a report to the governor and secretary of state how often? Biennial