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Exam (elaborations)

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? Client - correct answer Another word for principal race, nat. origin, sex, color, religion, disability, familial status - correct answer Protected by Fair Housing Act marital status - correct answer Not protected by Fair Housing Act Blockbusting - correct answer telling homeowners that property values will be declining because of ethical/racial makeup is changing flat, paved parking lot - correct answer real estate put to its highest use puffing - cor

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COLIBRI REAL ESTATE
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Institution
COLIBRI REAL ESTATE
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COLIBRI REAL ESTATE

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Uploaded on
January 9, 2025
Number of pages
10
Written in
2024/2025
Type
Exam (elaborations)
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COLIBRI REAL ESTATE FINAL EXAM 2025
WITH 100% CORRECT ANSWERS


land rcontract r- r(correct ranswer)✔️✔️-buyer rpays rseller rto roccupy rand ruse rproperty



net rlease r- r(correct ranswer)✔️✔️-buyer rpays rrent rand rother rexpenses



gross rlease r- r(correct ranswer)✔️✔️-buyer rpays ronly rrent



goes rto rheirs r- r(correct ranswer)✔️✔️-Tenants rin rcommon, r2 rof r3 rpeople rdie. rWho rgets rthe

r property rof rthose rwho rdied?



Tenant rowns rit rin rseverality r- r(correct ranswer)✔️✔️-Joint rTenancy, r3 rof r4 rpeople rdie. rWho

r gets rproperty rof rthose rwho rdied?



Client r- r(correct ranswer)✔️✔️-Another rword rfor rprincipal



race, rnat. rorigin, rsex, rcolor, rreligion, rdisability, rfamilial rstatus r- r(correct ranswer)✔️✔️-

Protected rby rFair rHousing rAct



marital rstatus r- r(correct ranswer)✔️✔️-Not rprotected rby rFair rHousing rAct

, Blockbusting r- r(correct ranswer)✔️✔️-telling rhomeowners rthat rproperty rvalues rwill rbe

r declining rbecause rof rethical/racial rmakeup ris rchanging



flat, rpaved rparking rlot r- r(correct ranswer)✔️✔️-real restate rput rto rits rhighest ruse



puffing r- r(correct ranswer)✔️✔️-"This ris rthe rmost rprestigious rstreet rin rtown"



$5,000 r- r(correct ranswer)✔️✔️-maximum rfine rfor rfirst roffense



name rand rbroker r- r(correct ranswer)✔️✔️-an rindividual radvertisement rneeds...



statement rthat rthey rare rlicensed r- r(correct ranswer)✔️✔️-a rbrokerage radvertisement

r needs...



48 rhours r- r(correct ranswer)✔️✔️-if rlisting ris rsubmitted rto rMLS, rmust rnotify rcustomer

r within...



at rtheir rnext rmeeting r- r(correct ranswer)✔️✔️-Licensee rmust rdeliver rConsumer rInfo

r Statement rwhen...



blanket rmortgage r- r(correct ranswer)✔️✔️-a rmortgage rthat rcovers r2 rparcels rof rland



tenancy rat rsufference r- r(correct ranswer)✔️✔️-lease rexpires, rtenants rwon't rleave

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