Real estate exam 3 - Study guides, Class notes & Summaries
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COLIBRI REAL ESTATE FINAL EXAM 2024 WITH 100% CORRECT ANSWERS
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COLIBRI REAL ESTATE FINAL EXAM 2024 WITH 100% CORRECT ANSWERS 
 
land contract - correct answer buyer pays seller to occupy and use property 
 
net lease - correct answer buyer pays rent and other expenses 
 
gross lease - correct answer buyer pays only rent 
 
goes to heirs - correct answer Tenants in common, 2 of 3 people die. Who gets the property of those who died? 
 
Tenant owns it in severality - correct answer Joint Tenancy, 3 of 4 people die. Who gets property of those who died? 
 
Clien...
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REAL ESTATE U FINAL EXAM TEST BANK AND STUDY GUIDE | ALL EXAM VERSIONS 1 , 2 AND 3 | ACCURATE REAL EXAM QUESTIONS AND ANSWERS | RECENTLY TESTED | EXPERT VERIFIED | GUARANTEED PASS | GRADED A | LATEST UPDATE | 2023/2024
- Exam (elaborations) • 58 pages • 2023 Popular
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REAL ESTATE U FINAL EXAM TEST BANK AND STUDY 
GUIDE | ALL EXAM VERSIONS 1 , 2 AND 3 | ACCURATE 
REAL EXAM QUESTIONS AND ANSWERS | RECENTLY 
TESTED | EXPERT VERIFIED | GUARANTEED PASS | 
GRADED A | LATEST UPDATE | 2023/2024
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Florida Real Estate Exam TEST Questions WITH 100% Correct Answers LATEST UPDATE 2023/2024
- Exam (elaborations) • 51 pages • 2023
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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 ...
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45 Hour Post License Florida Exam Questions And Answers
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45 Hour Post License Florida Exam Questions And Answers 
Farming - ANS Concentrating on one type of style of property or on one particular neighborhood 
 
A residential transaction os defined in F.S. 475 as the sale of any: - ANS - Duplex 
- improved residential property of four units or fewer, including condominium units 
-unimproved property intended for four units or fewer 
- agricultural properties of ten acres or less 
- leases with options to purchase all or a portion of improved pro...
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Florida Real Estate State Exam: Gold Coast Q&A CRAM EXAM 3&4
- Exam (elaborations) • 15 pages • 2023
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Sue the broker - Answer- Sales associate, Tim, received a signed contract from a buyer and ailed it to the seller. The seller agreed to the terms and the escrow deposit was deposited safely in the brokers escrow account. Tim has a disagreement with his broker and quits. The broker refuses to pau a commission since tim was not in his employ when the contact was actually received and signed. What should tim to? 
 
The one who engages the broker in a single agency relationship - Answer- Who is the ...
Too much month left at the end of the money?
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PSI National Exam for Real Estate Test Bank with complete solutions | Latest 2023/2024
- Exam (elaborations) • 38 pages • 2023
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PSI National Exam for Real Estate Test Bank with complete solutions | Latest 2023/2024 
A written agreement in which a purchaser agrees to buy and a seller agrees to sell is 
called ️ a contract 
Antitrust laws prohibit competing brokers from all of the following ️ 1. boycotting 
other brokers in the marketplace. 
2. dividing the market to restrict competition. 
3. agreeing to set sales commissions and management rates. 
When a sewer line is installed down a rural road, the cost will probabl...
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Nevada Real Estate Exam Questions and Answers (Graded A)
- Exam (elaborations) • 37 pages • 2023
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Nevada Real Estate Exam Questions and Answers (Graded A)Nevada Real Estate Exam Questions and Answers (Graded A)Nevada Real Estate Exam Questions and Answers (Graded A)Nevada Real Estate Exam Questions and Answers (Graded A)What is the minimum balance of the real estate education, research, and recovery fund? 
A) $300,000. 
B) $100,000. 
C) $250,000. 
D) $500,000. - ANSWER-a 
 
2. How long after the signing of a contract for the purchase of a lot in NV or anywhere else may the purchaser cancel t...
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California Real Estate Exam: Questions & Answers Latest Update 2023/2024 100% Verified
- Exam (elaborations) • 48 pages • 2023
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California Real Estate Exam: Questions & Answers Latest Update 2023/2024 100% Verified. Reed vs. King Case 
(Ans- Must disclose death (and manner of death) on a property if occurs 
within 3 years, except AIDS 
Jones vs. Mayer Supreme Court Decision (1968) 
(Ans- Racial discrimination not allowed (whether selling or buying) in all 
PRIVATE property transactions (based on Civil Rights Act of 1968) 
Easton vs Strassburgar 
(Ans- Seller disclosures to third parties AND agent visual inspection of all...
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Real Estate Principles Final Exam| Questions and Answers, 100% Correc
- Exam (elaborations) • 9 pages • 2023
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Real Estate Principles Final Exam| Questions and Answers, 100% Correct 
Anything that is fastened or attached to real property permanently is considered to 
be: 
Real Property 
A quit claim deed releases all present claims, rights and title of the: 
Grantor 
When a creditor wants to satisfy a judgement which was levied against another 
person, the creditor would: 
Obtain a writ of execution 
Before a mechanics lien is effective it must be: 
Verified and recorded 
Discrimination by a real estat...
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Florida Real Estate Class Final Exam(question and answers)2023
- Exam (elaborations) • 32 pages • 2023
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Florida Real Estate Class Final Exam(question and answers)2023A Business Broker - correct answer Specializes in the sale, purchase or lease of businesses. Is required to have a real estate license and may be licensed as a real estate broker or sales associate 
 
Follow-Up is - correct answer Keeping in contact with the new owner after the closing of the sale 
 
A builder constructs a house on an owner's lot according to the owner's plans and specifications. This is called - correct answer Cust...
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