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Escrow Sample Test Questions and Answers Rated A
- Prüfung • 18 Seiten • 2023
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Escrow Sample Test Questions and Answers Rated A 
An escrow is an arrangement that: a) Holds documents, b) Holds funds, c) Creates documents to affect a transfer of interest in property, d) is responsible for guaranteeing funds. A, B, C, E 
When is it necessary to have closing documents recorded prior to disbursement of escrow funds? a) it is not necessary, b) in almost all situations, c) when instructed by one of the parties to the escrow, d) only when the written instructions require recording...
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Washington State Real Estate Exam | Questions with 100% Correct Answers | Verified | Latest Update 2024
- Prüfung • 9 Seiten • 2023
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when does the real estate agent give the seller's a copy of their listing agreement form? - 
immediately 
what are the elements needed for a valid purchase and sales agreement? - consideration (not of 
monetary value), in writing & lawful purpose. There does not need to be earnest money but often is 
a mortgage that secures both real and personal property as collateral to secure a borrower's debt - 
package mortgage 
name of the state/local sales tax debt to the seller in the transfer of prope...
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Aceable Agent - Principles of Real Estate II Exam Notes with complete solutions 2023
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Aceable Agent - Principles of Real Estate II Exam Notes with complete solutions 2023TOTAL = PART/PERCENTAGE 
PART = TOTAL x PERCENTAGE 
PERCENTAGE = PART/ TOTAL 
Formulas to calculate commission? 
 
 
 
PRINCIPAL 
What is the term that describes the money that is lent? 
 
 
 
CASH TO CLOSE 
Down payment minus earnest money? 
 
 
 
TOTAL SALES PRICE 
Loan payment + loan principal? 
 
 
 
ORIGINATION POINTS 
Loan points/fees charged 1% to compensate loan officers for underwriting and administering...
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OREGON REAL ESTATE EXAM (PSI) QUESTIONS AND ANSWERS 2023 NEW ONLINE SOLUTION
- Prüfung • 5 Seiten • 2023
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OREGON REAL ESTATE EXAM (PSI) QUESTIONS AND ANSWERS 2023 NEW ONLINE SOLUTION 
 
How many consecutive years of non-use of water does one lose their water rights in Oregon? 
 
Who must register the business name? 
 
How long must real estate documents be kept? 
 
Who approves advertising? 
 
When should the principal broker review a brokers Documents? 
 
How long must you keep attendance & continuing education records? 
 
When should you notify the Real Estate agency a clients trust account h...
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Aceable Agent - Principles of Real Estate II Exam 2023 with correct answers
- Prüfung • 24 Seiten • 2023
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TOTAL = PART/PERCENTAGE 
PART = TOTAL x PERCENTAGE 
PERCENTAGE = PART/ TOTAL correct answersFormulas to calculate commission? 
 
PRINCIPAL correct answersWhat is the term that describes the money that is lent? 
 
CASH TO CLOSE correct answersDown payment minus earnest money? 
 
TOTAL SALES PRICE correct answersLoan payment + loan principal? 
 
ORIGINATION POINTS correct answersLoan points/fees charged 1% to compensate loan officers for underwriting and administering the loan. 
 
DISCOUNT POINTS ...
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New Jersey PSI Real Estate Exam With complete solutions.
- Prüfung • 12 Seiten • 2023
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New Jersey PSI Real Estate Exam With 
complete solutions. 
Water Rights ️ The terms "littoral," "riparian," and "appropriative" refer to 
A salesperson lists a property with a contract that allows for subagency and dual 
agency. The salesperson is ️ an agent to the broker and a subagent to the 
principal. 
Depreciation is calculated based on the ️ Cost of the building only. 
When a property owner uses his home as collateral for a loan and creates a lien in 
favor of the lender, title...
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FINAL EXAM (Bob Brooks) 2024 Actual Questions and Answers Solved 100%
- Prüfung • 26 Seiten • 2024
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FINAL EXAM (Bob Brooks) 2024 Actual Questions and Answers Solved 100%
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PSI NJ Real Estate Exam, PSI Practice Test|100% Verified Complete solutions|Newly Updated 2023!
- Prüfung • 26 Seiten • 2023
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PSI NJ Real Estate Exam, PSI Practice Test|100% Verified Complete solutions|Newly Updated 2023! 
Water Rights 
The terms "littoral," "riparian," and "appropriative" refer to 
A salesperson lists a property with a contract that allows for subagency and dual 
agency. The salesperson is 
an agent to the broker and a subagent to the principal. 
Depreciation is calculated based on the 
Cost of the building only. 
When a property owner uses his home as collateral for a loan and creates a lien i...
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Pearson vue real estate Exam, Multiple Choice Questions And Correct Answers.
- Prüfung • 10 Seiten • 2024
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Pearson vue real estate Exam, Multiple Choice Questions And Correct Answers. 
 
If a licensee is paid a salary of $600 per month plus half of the office's 6% fee on all sales, what MUST the licensee's monthly sales be in order for the licensee to receive a total monthly income of $2,220? 
A. 27,000 
B. 37,000 
C. 54,000 
D. 74,000 
An agreement that restricts the use and occupancy of real estate, is part of a conveyance, and is binding on all subsequent buyers is called a(n): 
A. Agreement for...
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Pearson Vue Test Questions and answers, 100% Accurate, Graded A+. Approved.
- Prüfung • 42 Seiten • 2023
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Pearson Vue Test Questions and answers, 100% Accurate, Graded A+. Approved. 
 
 
Which of the following terms BEST describes personal property that, by its attachment to real property, is regarded as real estate? 
 
A. 
Emblements 
 
B. 
Personality 
 
C. 
Fixtures 
 
D. 
Appliances - -C 
 
A salesperson who completes a written listing agreement with a seller is helping to create a contractual relationship between the: 
 
A. 
salesperson and the seller 
 
B. 
salesperson and the buyer 
 
C. 
sal...