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REAL ESTATE LAW EXAM COMPLETE EXAM QUESTIONS AND ANSWERS 100% VERIFIED A+ GRADE ASSURED!!!!! NEW LATEST UPDATE!!!!!

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REAL ESTATE LAW EXAM COMPLETE EXAM QUESTIONS AND ANSWERS 100% VERIFIED A+ GRADE ASSURED!!!!! NEW LATEST UPDATE!!!!!

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FINAL EXAMINATION PAPER dd dd




dd REAL ESTATE LAW EXAM QUESTIONS ANSWERS
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STUDENT NAME: ________________________________
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COURSE: Real Estate Law Exam Questions
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EXAM CODE: REAL ESTATE LAW EXAM QUESTIONS AN
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SWERS-101




EXAM INSTRUCTIONS:
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1. Print your full name and date clearly in the header above.
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2. This exam booklet contains both Test Questions (Part I) and Verified Solutions (Part II).
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3. Answer all multiple-choice questions clearly. Double-check your work.
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4. Do not break the seal or open this booklet until instructed to do so by the proctor.
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Q1. Term
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[Verified Solution]: Definition dd dddd




Q2. What is the primary purpose of most civil lawsuits?
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[Verified Solution]: to compensate a person who has been harmed
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Q3. A person who commits a tort.......
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[Verified Solution]: has violated the standards of reasonable conduct
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Q4. Unconstitutional law...........
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[Verified Solution]: exceeds the powers granted to the government
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Q5. Which would be most likely to issue an ordinance?
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[Verified Solution]: A. The Ashtabula county court
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B. the Dayton city council
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C. The Ohio Real Estate Commission
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D. The Ohio State Senate Answer: B
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,Q6. What is the main purpose of the doctrine of Stare Decises ?
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[Verified Solution]: to make court decisions more consistent and predictable
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Q7. What can limit a courts jurisdiction?
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[Verified Solution]: - amount of money at issue in a case - geographical boundaries -
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subject matter of the case
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Q8. Alice sued Betty for breach of contract, claiming $175,000 in damages. Which kind of stat
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e court did Alice file suit in?
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[Verified Solution]: Court of Common Pleas
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Q9. An example of a person who does not need a real estate license is.......
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[Verified Solution]: a salaried employee of ABC Corporation when selling the company's own propert
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y




Q10. The Ohio real estate commission is part of what?
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[Verified Solution]: the Department of Commerce
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Q11. Which authority revokes licenses?
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[Verified Solution]: The real estate commission
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Q12. An example of what a real estate licensee is NOT allowed to do......
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[Verified Solution]: - draft deeds for sellers -keep the earnest money if the deed falls through -
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use an open-ended expiration date on an open listing agreement
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Q13. A real estate licensee is allowed to......
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[Verified Solution]: offer real estate to the market only on the terms allowed by the seller
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Q14. a sales associate can
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[Verified Solution]: personally buy a listing only after disclosure to the seller that the sales associate i
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s a principal
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, Q15. what must all brokers have ?
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[Verified Solution]: a place of business to operate as brokers
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Q16. A real estate licensee can begin the practice of real estate when?
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[Verified Solution]: the license has been issued by the Division of Real Estate
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Q17. In order to use the real estate recovery fund, one must be...
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[Verified Solution]: damaged by a licensee in a real estate transaction
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Q18. Continuing education for active licensees under the age of 70 requires students to take
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[Verified Solution]: 3 hours of core law, 3 hours of civil rights law, and 3 hours of ethics as part of t
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he 30 hour requirement
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Q19. Who may bring a complaint to the superintendent?
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[Verified Solution]: Anyone is allowed
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Q20. What is the purpose of the license law?
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[Verified Solution]: protect the public against fraudulent practice
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Q21. A broker can buy property in his own name only if
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[Verified Solution]: he discloses his license
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Q22. A real estate agent is usually considered a...
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[Verified Solution]: general agent dd dddd dd




Q23. an apparent agent is one who.....
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[Verified Solution]: appears to be the agent of another, but does not have actual authority
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