Real Estate / Property Law

GEORGIA REAL ESTATE LICENSE LAWS AND RULES EXAM REVIEW QUESTIONS AND ANSWERS, GRADED A+/ VERIFIED. is failure to put a street address in a legal description a violation of the Georgia license law? - -no a broker was found guilty of commingling. the real estate Commission shall have the power to do what> - -impose a fine not to exceed $1000 In Georgia can a broker deposti earnest money in a seperate account that is not established for earnest money? - -yes, if all parties involved have...

(AAERT TEST) LATIN TERMINOLOGY EXAM QUESTIONS AND ANSWERS 2024 ad hoc for this purpose only ab ovo from the egg - at the beginning, from the start ad curiam to (at) court ad infinitum to infinity - without limit, indefinitely ad litem to the suit - for the purposes of a lawsuit, pending a lawsuit: A guardian ad litem is appointed to act on behalf of an incompetent. ad nauseam to the point of inducing nausea NOTE: It is NOT spelled nauseum. ad testificandum ...

GEORGIA REAL ESTATE LICENSE LAWS AND RULES QUESTIONS AND ANSWERS, 100% ACCURATE, GRADED A+/ VERIFIED. Which of the following would NOT be a violation of the Georgia License Law? A) Falsifying a document used in a real estate transaction B) Failing to advise your broker in writing when buying or selling property for yourself C) Failure to give a copy of a signed offer to the purchaser D) Failure to put a street adress in a legal description - -D) Failure to put a street adress in a legal ...

GEORGIA REAL ESTATE PRACTICE EXAM REVIEW QUESTIONS AND ANSWERS, 100% ACCURATE, GRADED A+/ 1. which of the following ways of specialization is common in the real estate brokerage business A) by background of client B) by type of property C) by years of experience in the business D) by type of mortgage financing required - -b 2. which of the following is included in the legal concept of land A) A corn crop B) a lake C) a felled tree D) an abandoned vehicle - -b 3. a property abuts a n...

COLORADO REAL ESTATE CONTRACTS AND REGULATIONS EXAM QUESTIONS AND ANSWERS, GRADED A+/ VERIFIED. Doctrine of Prior Appropriation: - -A theory of water law based on the principle, restated as "first in time is first in right" that regards the right to divert water from a water source. When writing a contract, you may be asked by the Buyer to use a note for earnest money. The Commission has created an _____________________ that you can use but most sellers will not agree to that. However,...

COLORADO REAL ESTATE EXAM #1 REVIEW QUESTIONS AND ANSWERS, RATED A+/ Many states determine the order of water rights according to which users of the water hold a recorded beneficial use permit. This allocation of water rights is determined by - -the doctrine of prior appropriation The right to control one's property includes all of the following EXCEPT - -the right to exclude the utilities meter reader. Which of the following types of ownership CANNOT be created by operation of law, ...

COLORADO REAL ESTATE EXAM PREP QUESTIONS AND ANSWERS, GRADED A+. VERIFIED. A licensee may not pay a fee to an unlicensed person for performing any brokerage functions. May pay for a name if the referrer is supplying only a name and has performed no activities requiring a license - -True A licensee may rebate a commission to - -a buyer or seller as part of the broker's service; this is considered a commission negotiation or renegotiation. Payment to buyers should be disclosed to the s...

NALA Paralegal Exam Questions and Answers 100% Pass For federal tax purposes, the default tax classification of a limited liability company that has 1 member is: -Answer-Disregarded Entity Informed consent involves: -Answer-The duty of a medical doctor to disclose to the patient relevant information about the benefits and risks of the proposed treatment. Rob Miller is married to Laura Miller. They are approaching their late 40's and Rob decides they should have an estate plan. Rob goes t...

Humber Real Estate - Course 2, Module 1, Explaining Services Available to a Seller or Buyer The relationship between two parties in which one party (the agent) accepts responsibility for representing the other party (the principal) in dealing with a third party. Under Ontario law, how is an 'agency relationship' defined? Client & Customer While common law uses the terms 'Principal' and 'Third Party', what terms does REBBA use instead? The Common Law of Agency The underlying r...

Test Bank For Entrepreneurship: The Practice and Mindset 1st Edition by Heidi M. Neck Christopher P. Neck ,Emma L. Murray Chapter 1: Entrepreneurship: A Global Social MovementTest Bank Multiple Choice 1. The authors define entrepreneurship as . a. a discipline that seeks to understand how opportunities are discovered, created, and exploited, by whom, and with what consequences b. starting a small business by finding investors and launching a product c. developing a new market by creating a produ...