Oklahoma real estate exam - Study guides, Class notes & Summaries

Solutions Manual—Essentials of Federal Taxation, by Spilker et al. © McGraw Hill LLC. All rights reserved. No reproduction or distribution without the prior written consent of McGraw Hill LLC. 1 Chapter 1 An Introduction to Tax SOLUTIONS MANUAL Discussion Questions (1) [LO 1] Jessica’s friend Zachary once stated that he couldn’t understand why someone would take a tax course. Why is this a rather naïve view? Taxes are a part of everyday life and have a financial effect on many ...

Oklahoma Real Estate Exam Questions and Answers Rated A+ How does the code Define Real Estate? Shall Include any interest or estate in real property. Does NOT include the interest of oil, gas or other mineral interest Real Estate Broker Shall include any person , Partnership, association, or cooperation, who for a fee lists, sells, offers to sell, buys, or attempts to buy, exchanges, rents, leases, or attempts to negotiate any such activity Broker Associate Shall include any perso...

OKLAHOMA REAL ESTATE EXAM PREP LATEST UPDATE GRADED A+ WHAT TYPE OF CONTRACT IS A REAL ESTATE OPTION CONTRACT? UNILATERAL CONTRACT DURING AN APPRAISAL OF A RESIDENTIAL PROPERTY AN APPRAISER ESTIMATES THE COST OF REBUILDING THE SUBJECT PROPERTY SO THAT IT IS IDENTICAL TO ITS CURRENT SIZE AND CONDITION IS AN EXAMPLE OF WHAT TYPE OF APPRAISAL PRINCIPLE? SUBSTITUTION ACCORDING TO THE STATUTE OF FRAUDS IN ORDER FOR A REAL ESTATE SALES CONTRACT TO BE ENFORCEABLE IN COURT THEY MUST BE ...

OKLAHOMA REAL ESTATE EXAM PREP

Oklahoma Real Estate Exam PSI Questions and Answers 100% Pass Real Property or "Realty land along with its improvements Real property and what are generally synonymous? Real Estate (Real Property is the preferred term when distinguishing between Personal Property.) Estate generally, everything one owns Land earths surface, subsurface to the center of the earth, the space overhead, and the rights to each Improvements Additions to property that increase its value or enhance its ...

A SINGLE PARENT WITH AN INFANT CHILD - Answer UNDER FEDERAL FAIR HOUSING ACT REQUIREMENTS A PROPERTY MANAGER OF A RESIDENTIAL MULTI-UNIT PROPERTY MAY LEGALLY REFUSE TO APPROVE RENTING A UNIT IN A PROPERTY EXCLUSIVELY OCCUPIED BY PERSONS OVER 65 TO OFFICE SPACE RENT AND TELEPHONE - Answer WHAT TYPE OF EXPENSES WILL A FIRM MOST LIKELY BE RESPONSIBLE FOR PAYING FOR A NEWLY LICENSED SALES PERSON WHO HAS CONTRACTED TO WORK FOR A BROKER OF THE FIRM

What is a hearing examiner - Answer Has the power and authority to conduct hearing in the name of the commision Where can hearings take place - Answer any time or place Who has the burden of proof in a hearing - Answer Shall be upon the moving party Who may engage in real estate activities - Answer licensed agents

PSI Real Estate Exam (MD State Portion) Latest 2023 Graded A+ Real Estate brokerage is govern by: 1. Satutory Law - Brokers Act "Title 17" 2. Administrative Law - Code of Maryland Regulations (COMAR) Regulation is enacted and enforced by MD Real Estate Commission (MREC) Brokerage Services: For consideration: - *Selling, buying, exchanging, or leasing* any real estate or collecting rent - Assisting to *locate/obtain* for purchase/lease any residential real estate - Serving as a consultant En...

How much does the OREC earn while serving in an OREC capacity - Answer Travel expenses essential to performing the duties to his office What are the OREC Leadership positions - Answer Chairman, Vice chairman, secretary- treasurer, What is the OREC revolving fund - Answer Consist of all monies received by the OREC How often in the revolving fund audited and by whom? - Answer once a year and by the state auditor and inspector

Oklahoma Real Estate Exam Questions And Complete Solutions

OKLAHOMA REAL ESTATE EXAM PREP | 2024/25