Pa real estate Samenvattingen, Aantekeningen en Examens

PSI PA State Real Estate Practice Exam Questions and Answers 100% Pass Requires the seller to provide notice to a purchaser about whether a structure on the land is entitled to support from the underlying coal. Coal Notice Three conditions that must be met for a mobile home to be considered real estate 1. Mobile home is transferred in conjunction with and as a part of an assignment of a land lease or the transfer of an interest in land on which the mobile home is situated; or 2. Mobile home is...

PA Real Estate Salesperson Exam - State Portion Exam Prep | Questions with 100% Correct Answers | Verified | Updated 2024

PA Real Estate Practice Latest 2023 Already Passed Abstract of Title condensed history of a title to a particular parcel of real estate, consisting of a summary of the original grant and all subsequent conveyances and encumbrances affecting the property Acceleration Clause clause in a mortgage or trust deed that can be enforced to make the entire debt due immediately if the mortgagor defaults on an installment payment Acceptance a promise by the offeree to be bound by he exact terms proposed b...

PA Real Estate Exam Prep Questions (232 Correct Answers) 2024 Update.PA Real Estate Exam Prep Questions (232 Correct Answers) 2024 Update.PA Real Estate Exam Prep Questions (232 Correct Answers) 2024 Update.

PA Exam 3 with 100% Correct Answers 2023 Which of the following are NOT grounds in Pennsylvania for revoking a broker's license? A Being convicted of a felony B Agreeing with the seller to accept a commission that is more than the standard rate C Depositing an earnest money check into the broker's personal account D Advertising as a member of the Pennsylvania Association of Real Estate Professionals when the broker is not really a member - Correct Answer-B It is perfectly legal to agr...

PA REAL ESTATE EXAM

Which of the following describes the term "appreciation"? A. Kind words expressed to someone about something they did B. An increase in the value of property C. An item of value owned by an individual D. None of the above - Answer- B. Appreciation is the increase in the value of a property due to changes in market conditions, inflation, or other causes. When ownership of a mortgage is transferred from one company or individual to another, it is called A. an assumption B. an assig...

PA Real Estate State Portion Latest Update 100% Solved RELRA Real estate licensing and registration act - the commission is responsible for administrating and enforcing rules found in RELRA as well as supervising all activities RELRA comission members: appointed by the Governor for 5 year terms. meet on regular basis as needed, but conduct at least one public meeting in 3 cities Corporeal right of ownership in material things, something tangible such as a building Incorporeal rights to proper...

Four definitions of value - Answer- 1. fair or equivalent return of goods/services or money for something exchanged. 2. Monetary worth of something 3. Relative worth, utility or importance of something 4. REAL ESTATE DEFINITION the present worth of future benefits that would be gained from owning real property Price vs. pricing positions - Answer- Price is the fixed end agreed upon sale price or final number agreed upon. Pricing positions refers to the listing price or proposed offer of a ...

PA real estate state portion questions and answers 100% pass When using the services of a real estate licensee to find a residence to lease, a PA consumer must be provided with a. consumer notice b. rental application c. plain language residential lease d. landlords led-based disclosure a. consumer notice according to the Pennsylvania landlord-tenant act, a tenant must be notified of the final disposition of his security deposit within what time period following the end of the time? A. wit...