Real Estate Law

REAL ESTATE GA STATE EXAM (52 QUESTIONS) | ANSWERED/ WITH RATIONALE| GRADED A+/ The Georgia Real Estate Commission will discipline a licensee for which of the following actions? - - A. II and IV only II. Guaranteeing future profits from the sale of a property. IV. Persuading a party to an existing listing contract to break that contract and list with the licensee. Which licensee is violating Georgia license law? - -A. Salesperson Maria accepts a commission payment directly from her clie...

REAL ESTATE EXPRESS- GA FINAL EXAM REVIEW QUESTIONS AND ANSWERS, GRADED A+/ VERIFIED. A violation of a Commission rule is -subject to a reprimand for an initial offense. also considered a civil offense and subject to similar disciplinary action. -considered breaking the law and requires a hearing before the judicial board. -considered the same as violating the license law itself. - -considered the same as violating the license law itself. In the event of a Commission vacancy -the gove...

Real Estate Exam (state) Exam Review Questions and answers, Graded A+ Can a non-licensed individual who is an employee of a licensed real estate property manager do any of the following items, even if the property manager signs a paper delegating their authority to a nonlicensed office staff person? 1. Negotiate rental of lease agreements? 2. Check tenant and credit references? 3. Physically maintain the real estate?4. Conduct tenant relations? 5. Collect the rent?6. Supervise the prem...

Real Estate Exam Oregon Exam Review Questions and answers, graded A+/ verified. An unlicensed personal assistant to a real estate broker could legally do which of the following? - - Deliver documents to a buyer. An Oregon real estate license must be held by a person who performs which of the following acts? - -1. Take a listing from a real property owner with the expectation of receiving a commission 2. Charge a consultation fee to a seller for advice on marketing real property Which of ...

REAL ESTATE COLORADO LAW & CONTRACTS FINAL EXAM REVIEW QUESTIONS AND ANSWERS, 100% ACCURATE, VERIFIED. Two lots of the same size are sold on a street. The lot on the corner sells for $20,000 more than the in the lot in the middle of the street. Which of the following characteristics most likely explains the price difference - -situs When preparing to sell a house using an installment land contract you should: - -have the parties contact an attorney representing one of them to prepare t...

PSI NATIONAL EXAM FOR REAL ESTATE EXAM REVIEW QUESTIONS AND ANSWERS, 100% ACCURATE. A written agreement in which a purchaser agrees to buy and a seller agrees to sell is called - -a contract Antitrust laws prohibit competing brokers from all of the following - -1. boycotting other brokers in the marketplace. 2. dividing the market to restrict competition. 3. agreeing to set sales commissions and management rates. When a sewer line is installed down a rural road, the cost will probably...

PSI REAL ESTATE SALESPERSON PRACTICE EXAM REVIEW QUESTIONS AND ANSWERS, GRADED A+/ VERIFIED. A couple listed their home with a broker. After 2 months, the seller found a buyer, and the sale closed. The seller was not obligated to pay a commission to the broker. This listing was MOST likely 1. an exclusive agency listing. 2. an exclusive right to sell listing. 3. a net listing. 4. an advance fee listing. - -an exclusive agency listing What critical aspect of the property inspection proc...

Oregon Real Estate Exam Review questions and answers, 100% Accurate, rated A+/ The act of entering upon another person's real estate without authority or permission of the owner is called an encroachment. a trespass. an easement. a license. - -a trespass Which of the following best describes the physical boundaries of Land? a. The Surface of the earth and infinite space above the surface b. the center of the earth and infinite space above it c. The surface of the earth and mineral...

Under landmark Colorado case law, title companies in Colorado are permitted to offer closing services including preparation of legal documents.. - ANSWER-scrivener of the listing broker Which of the following transfer of property provisions is NOT found in a Colorado real estate commission approved deed of trust? - ANSWER-1% interest increase When a broker ceases the management of an owners association, the original management records must be.. - ANSWER-audited by the real estate commissio...

Oregon Real Estate exam Review Questions and answers, Graded A+/ verified. Constructive eviction - -Acts done or not done by the landlord which materially disturb or impair tenants occupancy so as the tenant is forced to leave Surrender and acceptance - -Mutual agreement to terminate lease The residential landlord and tenant act - -Covers leased structures used as home, residence or sleeping place. EXCLUDES nursing homes, lease to own, dorms, frats, resident managers homes Law of agenc...