Real estate prices - Study guides, Class notes & Summaries
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Aceable Agent Finals Exam Questions And Correct Answers
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Aceable Agent Finals Exam 
Questions And Correct 
Answers 
C. client - ANSWER A real estate agent works exclusively with buyers. They have 
chosen a specialization that focuses on the: 
A. geographical area 
B. commission split 
C. client 
D. property type 
C. sales prices are more negotiable for buyers - ANSWER Which of the following 
describes a buyers market? 
A. It's likely a seller can easily sell a home for more than the listing price 
B. Sellers are less likely to have to pay for clos...
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CHAMPIONS REAL ESTATE FINANCE GRADED A+ ALREADY PASSED 2023
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Loan-to-Value Ratio (LTV) - correct answer The percentage of the lesser of the appraised value or sales price that the lender will lend. 
 
ex: If a borrower is approved for an 80% loan, it means that the lender will loan up to 80% of the sales price or appraised value, whichever is lower. 
 
Package Mortgage - correct answer Includes both real and personal property ( fixtures and furnishings) 
 
Blanket Mortgage - correct answer Covers more than one piece of property. 
 
Wraparound Mortgage - c...
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Real Estate Marketing: Commercial Real Estate (SAE), Champions Commercial Real Estate- SAE 100% Correct
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Real Estate Marketing: Commercial Real 
Estate (SAE), Champions Commercial 
Real Estate- SAE 100% Correct 
General Lien (also Statatory) attaches to all the property of the debtor, not exempt from 
forced sale (Example: a judgment or IRS lien) 
Diplomacy the ability to handle clients and situations in a sensitive and effective way - is 
critical in commercial real estate, and a lack of it can expose you immediately as a beginner. 
DTPA The Deceptive Trade Practices Act (DTPA) is a Texas law that...
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Final Exam TN Real Estate Course Exam Questions with 100% Correct Answers | Updated & Verified | 2024
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A Tennessee licensee must use the "Exclusive Right to Sell" form required by the licensee's broker. 
According to the level of authority delegated to the agent, the usual real estate agency is a limited 
agency. 
When must the contract be in writing? John is agreeing to sell his shed to Shawn for $1,000. 
One disadvantage in using active listings for comparables is they provide somewhat dubious 
comparisons because listing prices are not selling prices. 
Why is it sometimes necessary to inclu...
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REAL ESTATE U FINAL EXAM QUESTIONS AND VERIFIED ANSWERS 2024 GRADED A.
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REAL ESTATE U FINAL EXAM 
QUESTIONS AND VERIFIED 
ANSWERS 2024 GRADED A. 
2 / 8 
1. Article 12-A of the NYS Real Property Law: The section of the NewYork RealProperty Law 
pertaining to real estate salespersons and brokers. 
- Primary purpose is to "Protect the Public" 
- Requires a salesperson to be at least 18 years of age 
- Requires a broker to be at least 20 years of age 
2. Sponsor: A licensed real estate broker that holds the license of a salesperson. 
3. "Summary ofYour Submission": ...
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VA Real Estate Moseley Test Questions and Answers with Complete Solutions Graded A 2024-2025
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What are the classes of Property? - Personal Property and Real Property 
 
What is personal property? - Generally movable and unattached items. 
 
What is a trade fixture? - Personal property used for a person's business. (even if it attached to the real estate) 
 
What is Fructus Industriales? - Crops also known as chattle. 
 
What general categories does personal property fall under? - Intellectual, reputation, leases, partnership interests. 
 
Real Property - Everything within a specified bl...
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VA Real Estate Moseley Test Questions and Answers 2024
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What are the classes of Property? - Personal Property and Real Property 
 
What is personal property? - Generally movable and unattached items. 
 
What is a trade fixture? - Personal property used for a person's business. (even if it attached to the real estate) 
 
What is Fructus Industriales? - Crops also known as chattle. 
 
What general categories does personal property fall under? - Intellectual, reputation, leases, partnership interests. 
 
Real Property - Everything within a specified bl...
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Texas SAE Real Estate Brokerage Exam | 150 Questions with 100% Correct Answers | Verified | Latest Update 2024 | 35 Pages
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A consistent disparity in listing versus selling prices may reflect ___________. - Inaccurate 
competitive market analyses 
Which of these would be an advantage for the broker of hiring licensees as salaried employees, rather 
than as independent contractors on a commission-based compensation plan? - Sales agents will 
probably make fewer errors as a result of more broker control and supervision. 
Which option best describes what an environmental impact statement is? - It describes and analyzes ...
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RECA Fundamentals Exam Questions and Answers Already Passed
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RECA Fundamentals Exam Questions and Answers Already Passed 
Which of the following is NOT a RECA educational resource for industry professionals? Spatial Information System (Spin 2) 
Which entity has the authority to amend the Real Estate Act Provincial Legislature 
Which of the following measures the change in a cost of a fixed basket of goods and services purchased by families over a period of time Consumer Price Index (CPI) 
Which of the following will occur to the supply of a good when ther...
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Louisiana Real Estate Exam Complete Solutions
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Louisiana Real Estate Exam Complete Solutions 
___ is the Louisiana right to dispose of a thing ️Abusus 
_____ is the organization that will investigate alleged violations of the Louisiana real estate license law 
️The LREC 
A court order to physically divide property among the several owners is a ️Partition in kind 
A lessor who does not return a security deposit within 30 days of the tenant vacating the property, may 
be subject to damages for attorney fees and a minimum of: ️$20...
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Champions Real Estate Finance Exam Questions and Answers 2023
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_____ is the consummation of a contractual real estate transaction in which all appropriate documents are signed, and the mortgage loan proceeds are disbursed by the lender. - Answer- Closing 
 
The primary determinants of real estate values are supply and _____. - Answer- Demand 
 
_____ is something of value that can be pledged as security for repayment of a loan. - Answer- Collateral 
 
Servicing includes which of the following activities? - Answer- Maintaining records of payment 
 
The monet...
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