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BUNDLE - CE SHOP EXAMS
BUNDLE - CE SHOP EXAMS
[Montrer plus]BUNDLE - CE SHOP EXAMS
[Montrer plus]CE Shop Course 1 Exam 2023/2024 
 
Which of the following is more likely to act as a closing agent? - ANSWER-An attorney or title company representative is usually the closing agent. A closing agent's role is to coordinate all of the paperwork and funds to complete the transaction. 
 
TILA disclosu...
Aperçu 2 sur 11 pages
Ajouter au panierCE Shop Course 1 Exam 2023/2024 
 
Which of the following is more likely to act as a closing agent? - ANSWER-An attorney or title company representative is usually the closing agent. A closing agent's role is to coordinate all of the paperwork and funds to complete the transaction. 
 
TILA disclosu...
ce shop final exam questions & answers 2023/2024 
 
Which of the following formulas is used with the index method to find the reproduction cost? - ANSWER-Present index ÷ Index at time of construction x Original cost = Present cost 
 
On auction day, what impact does the type of auction (absolute or...
Aperçu 2 sur 8 pages
Ajouter au panierce shop final exam questions & answers 2023/2024 
 
Which of the following formulas is used with the index method to find the reproduction cost? - ANSWER-Present index ÷ Index at time of construction x Original cost = Present cost 
 
On auction day, what impact does the type of auction (absolute or...
CE Shop Final Exam 2023 
 
which of the following is the price a lender believes the property will bring at a foreclosure sale? - ANSWER-mortgage value 
 
Burt terminated his exclusive right-to-sell listing agreement with Scott, his listing broker. Burt may legally do this as long as he's ________ ...
Aperçu 3 sur 16 pages
Ajouter au panierCE Shop Final Exam 2023 
 
which of the following is the price a lender believes the property will bring at a foreclosure sale? - ANSWER-mortgage value 
 
Burt terminated his exclusive right-to-sell listing agreement with Scott, his listing broker. Burt may legally do this as long as he's ________ ...
CE Shop Final Exam 2023 
 
which of the following is the price a lender believes the property will bring at a foreclosure sale? - ANSWER-mortgage value 
 
Burt terminated his exclusive right-to-sell listing agreement with Scott, his listing broker. Burt may legally do this as long as he's ________ ...
Aperçu 3 sur 16 pages
Ajouter au panierCE Shop Final Exam 2023 
 
which of the following is the price a lender believes the property will bring at a foreclosure sale? - ANSWER-mortgage value 
 
Burt terminated his exclusive right-to-sell listing agreement with Scott, his listing broker. Burt may legally do this as long as he's ________ ...
Real Estate - The CE Shop Exam 2023/2024 
 
1031 tax-deferred exchange - ANSWER-"Section 1031 of the Internal Revenue Code allows the owner of real property to sell that property and then reinvest the proceeds in a "like-kind" property and defer paying any capital gains taxes. 
Ex. Real estate in...
Aperçu 4 sur 140 pages
Ajouter au panierReal Estate - The CE Shop Exam 2023/2024 
 
1031 tax-deferred exchange - ANSWER-"Section 1031 of the Internal Revenue Code allows the owner of real property to sell that property and then reinvest the proceeds in a "like-kind" property and defer paying any capital gains taxes. 
Ex. Real estate in...
CE Shop National Exam 2023/2024 
 
Title XI of the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 states that its purpose, in part, is to require that real estate appraisals used in connection with federally related transactions be performed ______. 
 
By licensed real estate p...
Aperçu 4 sur 56 pages
Ajouter au panierCE Shop National Exam 2023/2024 
 
Title XI of the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 states that its purpose, in part, is to require that real estate appraisals used in connection with federally related transactions be performed ______. 
 
By licensed real estate p...
CE Shop Final Exam 2023/2024 
 
Depreciation - ANSWER-Real property ownersip has significant tax advantages. Which of the following is an advantage? 
 
The building department - ANSWER-Which entity ensures that contractors perform their work according to code by inspecting their job sites? 
 
Salesp...
Aperçu 2 sur 11 pages
Ajouter au panierCE Shop Final Exam 2023/2024 
 
Depreciation - ANSWER-Real property ownersip has significant tax advantages. Which of the following is an advantage? 
 
The building department - ANSWER-Which entity ensures that contractors perform their work according to code by inspecting their job sites? 
 
Salesp...
The CE Shop Review Assessment Answers 2023/2024 
 
With this type of loan, personal property is included with the real property in the sale. It's commonly seen in commercial real estate, but you may also see this in the sale of furnished condominiums. - ANSWER-Package mortgage 
 
Which product's f...
Aperçu 2 sur 14 pages
Ajouter au panierThe CE Shop Review Assessment Answers 2023/2024 
 
With this type of loan, personal property is included with the real property in the sale. It's commonly seen in commercial real estate, but you may also see this in the sale of furnished condominiums. - ANSWER-Package mortgage 
 
Which product's f...
The CE Shop :Final Exam Georgia 2023/2024 
 
What is a general lien? 
 
A claim against a person and all of that person's property 
 
A claim against a specific piece of property 
 
A type of mortgage lien 
 
A type of tax lien - ANSWER-A claim against a person and all of that person's property 
 ...
Aperçu 4 sur 38 pages
Ajouter au panierThe CE Shop :Final Exam Georgia 2023/2024 
 
What is a general lien? 
 
A claim against a person and all of that person's property 
 
A claim against a specific piece of property 
 
A type of mortgage lien 
 
A type of tax lien - ANSWER-A claim against a person and all of that person's property 
 ...
The CE Shop National Exam (PSI) PART 1 2023/2024 
 
Addendum - ANSWER-When Dashiell received the purchase offer for his bungalow, he was surprised to see a page added to the contract requesting that an attorney review the contract. What is Dashiell looking at? 
 
Place a lien on the property 
 
Unpa...
Aperçu 2 sur 10 pages
Ajouter au panierThe CE Shop National Exam (PSI) PART 1 2023/2024 
 
Addendum - ANSWER-When Dashiell received the purchase offer for his bungalow, he was surprised to see a page added to the contract requesting that an attorney review the contract. What is Dashiell looking at? 
 
Place a lien on the property 
 
Unpa...
CE Shop Final Exam 2023/2024 
 
The components that make up a borrower's mortgage payment can best be remembered using which acronym? - ANSWER-PITI (principal, interest, taxes, and insurance) 
 
From a real estate professional's point of view, what's the purpose of qualifying buyers? - ANSWER-To ...
Aperçu 2 sur 10 pages
Ajouter au panierCE Shop Final Exam 2023/2024 
 
The components that make up a borrower's mortgage payment can best be remembered using which acronym? - ANSWER-PITI (principal, interest, taxes, and insurance) 
 
From a real estate professional's point of view, what's the purpose of qualifying buyers? - ANSWER-To ...
CE Final Exam RE, The CE Shop Test, Real Estate Final Exam 2023/2024 
 
______ is a process in which an appraiser determines a probable range of values for a property by comparing a group of comparable sales to the subject. The appraiser attempts to include both superior and inferior units of compar...
Aperçu 4 sur 63 pages
Ajouter au panierCE Final Exam RE, The CE Shop Test, Real Estate Final Exam 2023/2024 
 
______ is a process in which an appraiser determines a probable range of values for a property by comparing a group of comparable sales to the subject. The appraiser attempts to include both superior and inferior units of compar...
CE SHOP MN COURSE 2 EXAM 2023/2024 
 
HIV/AIDS - ANSWER-cannot be disclosed under any circumstances 
 
principle of anticipation - ANSWER-purchase price is affected by the expectation of future appeal and benefits 
 
principle of contribution - ANSWER-value of a part is determined by its contributio...
Aperçu 2 sur 7 pages
Ajouter au panierCE SHOP MN COURSE 2 EXAM 2023/2024 
 
HIV/AIDS - ANSWER-cannot be disclosed under any circumstances 
 
principle of anticipation - ANSWER-purchase price is affected by the expectation of future appeal and benefits 
 
principle of contribution - ANSWER-value of a part is determined by its contributio...
CE Shop Final Exam Study 2023/2024 
 
The Housing and Community Development Act of 1974 added which protected class to federal fair housing law? - ANSWER-Sex 
 
When is a cease and desist order effective? - ANSWER-Immediately upon issuance 
 
What's another name for an escrow account? - ANSWER-trus...
Aperçu 3 sur 18 pages
Ajouter au panierCE Shop Final Exam Study 2023/2024 
 
The Housing and Community Development Act of 1974 added which protected class to federal fair housing law? - ANSWER-Sex 
 
When is a cease and desist order effective? - ANSWER-Immediately upon issuance 
 
What's another name for an escrow account? - ANSWER-trus...
CE Shop Final Exam Course 2 2023/2024 
 
What is the maximum amount of time a protection or override clause can be in effect? - ANSWER-Six Months 
 
Appraiser John is determining how a property is being used to determine a more optimal function. What is he determining? - ANSWER-Highest and Best Use ...
Aperçu 3 sur 19 pages
Ajouter au panierCE Shop Final Exam Course 2 2023/2024 
 
What is the maximum amount of time a protection or override clause can be in effect? - ANSWER-Six Months 
 
Appraiser John is determining how a property is being used to determine a more optimal function. What is he determining? - ANSWER-Highest and Best Use ...
The CE Shop Principles of Real Estate I Exam Review 2023/2024 
 
In most markets, in which month would a real estate downcycle typically start? - ANSWER-November 
 
You have a listing agreement with Sam, which makes him your ______. - ANSWER-Client 
 
Who has the ultimate responsibility for the sale...
Aperçu 4 sur 33 pages
Ajouter au panierThe CE Shop Principles of Real Estate I Exam Review 2023/2024 
 
In most markets, in which month would a real estate downcycle typically start? - ANSWER-November 
 
You have a listing agreement with Sam, which makes him your ______. - ANSWER-Client 
 
Who has the ultimate responsibility for the sale...
Ce shop Maryland State Exam Review 2023/2024 
 
What information about the Guaranty Fund must be included in every Maryland sales contract? - ANSWER-Notice to the buyer of the Guaranty Fund's protection up to $50,000 
 
A Maryland salesperson included a personal phone number on an ad. What other pi...
Aperçu 1 sur 3 pages
Ajouter au panierCe shop Maryland State Exam Review 2023/2024 
 
What information about the Guaranty Fund must be included in every Maryland sales contract? - ANSWER-Notice to the buyer of the Guaranty Fund's protection up to $50,000 
 
A Maryland salesperson included a personal phone number on an ad. What other pi...
CE Shop Final Exam – Practice 2023 
 
Two agents from the same team represent the seller and the other represents the buyer- Is this dual agency in MD - ANSWER-NOT an example of legal dual agency in Maryland 
 
Timothy is moving out of his neighborhood because his neighbors host raucous parties at...
Aperçu 2 sur 13 pages
Ajouter au panierCE Shop Final Exam – Practice 2023 
 
Two agents from the same team represent the seller and the other represents the buyer- Is this dual agency in MD - ANSWER-NOT an example of legal dual agency in Maryland 
 
Timothy is moving out of his neighborhood because his neighbors host raucous parties at...
CE SHOP UNIT EXAM 3: Describing Real Estate 2023/2024
Aperçu 1 sur 2 pages
Ajouter au panierCE SHOP UNIT EXAM 3: Describing Real Estate 2023/2024
CE Shop KY Course Final 2023/2024 
 
An appraiser will identify the general and specific data needed for an appraisal. What will determine the type of additional data needed? - ANSWER-The type of property 
 
Which of the following is a true statement regarding new construction properties? - ANSWER-B...
Aperçu 2 sur 11 pages
Ajouter au panierCE Shop KY Course Final 2023/2024 
 
An appraiser will identify the general and specific data needed for an appraisal. What will determine the type of additional data needed? - ANSWER-The type of property 
 
Which of the following is a true statement regarding new construction properties? - ANSWER-B...
CE Shop National 2.0, FINAL REAL ESTATE EXAM 2.0 2023/2024 
 
Olivia took out a 15-year loan secured with a deed of trust. She worked two jobs in order to pay the loan back and finally made her last payment this month. What happens now? - ANSWER-Because the property deed was held by a third-party tr...
Aperçu 4 sur 128 pages
Ajouter au panierCE Shop National 2.0, FINAL REAL ESTATE EXAM 2.0 2023/2024 
 
Olivia took out a 15-year loan secured with a deed of trust. She worked two jobs in order to pay the loan back and finally made her last payment this month. What happens now? - ANSWER-Because the property deed was held by a third-party tr...
The CE Shop NYS RE Course Exam 2023/2024 
 
Define Broker - ANSWER-Any person, partnership, association, or corporation who, for another, and for compensation of any kind, negotiates any form of real estate transaction. 
 
Responsibilities of a Broker - ANSWER-Supervision of and responsibility for a...
Aperçu 2 sur 7 pages
Ajouter au panierThe CE Shop NYS RE Course Exam 2023/2024 
 
Define Broker - ANSWER-Any person, partnership, association, or corporation who, for another, and for compensation of any kind, negotiates any form of real estate transaction. 
 
Responsibilities of a Broker - ANSWER-Supervision of and responsibility for a...
AZ CE Shop Practice Test questions & answers 2023/2024 
 
Which of the following is true about mortgage brokers? 
-They don't service the loan beyond placement 
-They originate their own loans 
-They've paid through fees from originating and servicing loans 
-They service the loan for it's entire...
Aperçu 4 sur 44 pages
Ajouter au panierAZ CE Shop Practice Test questions & answers 2023/2024 
 
Which of the following is true about mortgage brokers? 
-They don't service the loan beyond placement 
-They originate their own loans 
-They've paid through fees from originating and servicing loans 
-They service the loan for it's entire...
The CE shop 75-HR GA Final Exam Missed Questions & Answers 2023 
 
What method is most expedient when asking GREC to investigate a complaint? - ANSWER-A sworn written request for investigation of a complaint against a licensee, instructor, or license applicant is most expedient. 
 
In terms of encum...
Aperçu 2 sur 9 pages
Ajouter au panierThe CE shop 75-HR GA Final Exam Missed Questions & Answers 2023 
 
What method is most expedient when asking GREC to investigate a complaint? - ANSWER-A sworn written request for investigation of a complaint against a licensee, instructor, or license applicant is most expedient. 
 
In terms of encum...
CE Shop SC Exam Questions & Answers 2023/2024 
 
Transfer fees can be assessed on real property sales at a rate of - ANSWER-$1.85 per $500 of the sales price and are typically paid by the seller. 
 
All advertisements must include - ANSWER-the full name of the licensee's real estate brokerage firm....
Aperçu 2 sur 9 pages
Ajouter au panierCE Shop SC Exam Questions & Answers 2023/2024 
 
Transfer fees can be assessed on real property sales at a rate of - ANSWER-$1.85 per $500 of the sales price and are typically paid by the seller. 
 
All advertisements must include - ANSWER-the full name of the licensee's real estate brokerage firm....
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