PSI /
National
/ /
real
/ /
estate
/ /
exam questions with correct answers
/ // // // // //
Martha /
was
/ /
able
/ /
to
/ /
go
/ /
to
/ /
the
/ /
closing
/ /
and
/ /
sign
/ /
the
/ /
paperwork
/ /
to
/ /
sell
/ /
her
/ /
mother's
/ /
,/ property /
/ while her mother was in the hospital. How could this be possible?
// // // // // // // // // // //
1. Martha may have been named an executor of her mother's will.
// // // // // // // // // // //
2. /
Her
/ /
mother
/ /
may
/ /
have
/ /
had
/ //
a power of attorney drawn up making Martha her attorney in fact.
// // // // // // // // // // //
3. /
Martha
/ /
and
/ /
her
/ /
mother
/ /
may
/ /
own
/ /
the property as joint tenants, so that Martha may sign as owner
/ // // // // // // // // // // //
4. /
Martha's
/ /
mother's
/ /
surgeon
/ /
recommended that this be permitted to alleviate her mother's stress
/ // // // // // // // // //
and
// /
regarding
/ /
this
/ /
,pending
/ /
transaction -
/ // /
CORRECT
/ /
ANSWERS(S)✔✔2.
/ /
Her
/ /
mother
/ /
may
/ /
have
/ /
had
/ //
a power of attorney drawn up making Martha her attorney in fact.
// // // // // // // // // // //
Janet /
is
/ /
the
/ /
property
/ /
for
/ //
a /
20
/ /
unit
/ /
building.
/ /
What
/ /
steps
/ /
would
/ /
she
/ /
take
/ /
when
/ /
asked
/ /
, / to prorate the rent if a new tenant wants to move in on the 8th day
// // // // // // // // // // // // // // //
// of the month in June?
// // // //
1. /
subtract 8 days from 365 to come up with the prorated rent per day
/ // // // // // // // // // // // // //
2. /
Divide
/ /
the monthly rent by 30 days and multiply that number by 22
/ // // // // // // // // // // //
3. calculate the 22 day rental amount and add a prorated utility fee
// // // // // // // // // // // //
4. advise the tenant that the first available move-
// // // // // // // //
in /
date
/ /
is
/ /
July
/ //
1- // /
CORRECT
/ /
ANSWERS(S)✔✔2.
/ /
Divide
/ /
the monthly rent by 30 days and multiply that number by 22
/ // // // // // // // // // // //
In //
a /
jurisdiction
/ /
where
/ /
the
/ /
common
/ /
law
/ /
National
/ /
real
/ /
estate
/ /
exam questions with correct answers
/ // // // // //
Martha /
was
/ /
able
/ /
to
/ /
go
/ /
to
/ /
the
/ /
closing
/ /
and
/ /
sign
/ /
the
/ /
paperwork
/ /
to
/ /
sell
/ /
her
/ /
mother's
/ /
,/ property /
/ while her mother was in the hospital. How could this be possible?
// // // // // // // // // // //
1. Martha may have been named an executor of her mother's will.
// // // // // // // // // // //
2. /
Her
/ /
mother
/ /
may
/ /
have
/ /
had
/ //
a power of attorney drawn up making Martha her attorney in fact.
// // // // // // // // // // //
3. /
Martha
/ /
and
/ /
her
/ /
mother
/ /
may
/ /
own
/ /
the property as joint tenants, so that Martha may sign as owner
/ // // // // // // // // // // //
4. /
Martha's
/ /
mother's
/ /
surgeon
/ /
recommended that this be permitted to alleviate her mother's stress
/ // // // // // // // // //
and
// /
regarding
/ /
this
/ /
,pending
/ /
transaction -
/ // /
CORRECT
/ /
ANSWERS(S)✔✔2.
/ /
Her
/ /
mother
/ /
may
/ /
have
/ /
had
/ //
a power of attorney drawn up making Martha her attorney in fact.
// // // // // // // // // // //
Janet /
is
/ /
the
/ /
property
/ /
for
/ //
a /
20
/ /
unit
/ /
building.
/ /
What
/ /
steps
/ /
would
/ /
she
/ /
take
/ /
when
/ /
asked
/ /
, / to prorate the rent if a new tenant wants to move in on the 8th day
// // // // // // // // // // // // // // //
// of the month in June?
// // // //
1. /
subtract 8 days from 365 to come up with the prorated rent per day
/ // // // // // // // // // // // // //
2. /
Divide
/ /
the monthly rent by 30 days and multiply that number by 22
/ // // // // // // // // // // //
3. calculate the 22 day rental amount and add a prorated utility fee
// // // // // // // // // // // //
4. advise the tenant that the first available move-
// // // // // // // //
in /
date
/ /
is
/ /
July
/ //
1- // /
CORRECT
/ /
ANSWERS(S)✔✔2.
/ /
Divide
/ /
the monthly rent by 30 days and multiply that number by 22
/ // // // // // // // // // // //
In //
a /
jurisdiction
/ /
where
/ /
the
/ /
common
/ /
law
/ /
