Ohio real estate stuvia - Study guides, Class notes & Summaries

When may a person use the term REALTOR? - ANSWER after becoming a member of the National Association of Realtors What are advantages to a career in real estate sales? - ANSWER - Possibility of owning your own brokerage with additional training , education, and experience - potential for unlimited earnings - setting your own hours What is a disadvantage of a career in real estate sales? - ANSWER Not a steady income Most sales persons are hired as? - ANSWER independent contractors Wh...

Ohio Real Estate Principles and PrPeriodic Tenancy - ANSWER Leasehold estate for a duration of time, not a specific date. Alienation - ANSWER The transfer of ownership or an interest in property from one person to another, by any means. Allodial System - ANSWER The system of land ownership under which anyone can own land. Annexation - ANSWER Attaching personal property to land so the law views it as part of the real property Constructive Annexation - ANSWER Personal property associat...

Ohio Real Estate/ Law 2023-2024 Latest UpdateOhio Real Estate/ Law 2023-2024 Latest UpdateOhio Real Estate/ Law 2023-2024 Latest UpdateOhio Real Estate/ Law 2023-2024 Latest Update Case Law - ANSWER-Rules of law developed in court decisions, as opposed to constitutional law, statutory law, or administrative regulations. or common law Civil Litigation - ANSWER-A lawsuit in which one individual sues another for compensation. Criminal Litigation - ANSWER-A lawsuit in which the government su...

Ohio Real Estate Exam Practice Questions and Answers 100% CorrectOhio Real Estate Exam Practice Questions and Answers 100% CorrectOhio Real Estate Exam Practice Questions and Answers 100% CorrectOhio Real Estate Exam Practice Questions and Answers 100% CorrectOhio Real Estate Exam Practice Questions and Answers 100% Correct May a consumer who has been harmed by a licensee acting under her license as a real estate salesperson or broker immediately file a claim for payment from the Real Estate Re...

Hondros- Ohio Real Estate Principles and Practices Study Questions and Answers 100% CorrectHondros- Ohio Real Estate Principles and Practices Study Questions and Answers 100% CorrectHondros- Ohio Real Estate Principles and Practices Study Questions and Answers 100% CorrectHondros- Ohio Real Estate Principles and Practices Study Questions and Answers 100% CorrectWhen may a person use the term REALTOR? - ANSWER-after becoming a member of the National Association of Realtors What are advantages ...

Ohio Real Estate State-Specific Questions andevery viewable web page of the website - ANSWER When advertising real estate online where should the brokerage name be displayed? a. 40 b. 20 c. 20 d. 40 e. 20 f. 30 - ANSWER How many hours are needed for the following: a. Principles and practices b. real estate appraisal c. real estate finance d. real estate law e. post licensing course within 1 year of passing exam f. continuing education Automatically suspended - ANSWER If a real e...

Ohio real estate (state-specific crammer)correct 100% Three items tenants in common hold - ANSWER 1. Default 2.Shares are equal or unequal 3. No Survivorship Three items joint tenants hold - ANSWER 1. Specify 2.Equal 3. Survivorship How much is in an acre? - ANSWER 43.560 How much does a point equal? - ANSWER One percent How much is in the recovery fund? - ANSWER 500,000-2 million How do you show ownership of a condominium? - ANSWER Deed How do you show ownership of ...

Ohio Real Estate (State-Specific Crammer) Questions and Answers 100% CorrectOhio Real Estate (State-Specific Crammer) Questions and Answers 100% CorrectOhio Real Estate (State-Specific Crammer) Questions and Answers 100% CorrectOhio Real Estate (State-Specific Crammer) Questions and Answers 100% Correct Three items tenants in common hold - ANSWER-1. Default 2.Shares are equal or unequal 3. No Survivorship Three items joint tenants hold - ANSWER-1. Specify 2.Equal 3. Survivorship H...

When may a person use the term REALTOR? - ANSWER-after becoming a member of the National Association of Realtors What are advantages to a career in real estate sales? - ANSWER-- Possibility of owning your own brokerage with additional training , education, and experience - potential for unlimited earnings - setting your own hours What is a disadvantage of a career in real estate sales? - ANSWER-Not a steady income Most sales persons are hired as? - ANSWER-independent contractors Wh...

Which would a buyer prefer: Land installment contract or purchase money mortgage? - ANSWER-purchase money mortgage - the buyer will receive the deed to the property on the day of closing. -A purchase money mortgage does not transfer any title to the buyer; rather, it is a method by which the seller finances the transaction. -In a land installment contract, the buyer does not receive the deed until the final payment is made. A land installment contract transfers only equitable title. spot ...