Real Estate / Property Law

Oregon Broker Psi Exam 2023 Questions and answers, 100% Accurate. Graded A+ How long must real estate documents be kept? - -6 years, from the date the transaction was accepted, rejected, or withdrawn Who approves advertising? - -Principal broker When should the principal broker review brokers documents? - -7 days of the document's acceptance, rejection or withdrawal. The PB must sign and initial at the time of review How long must you keep attendance and continuing records? - -3 years...

GA REAL ESTATE EXAM REVIEW QUESTIONS AND ANSWERS, 100% ACCURATE, GRADED A+/ VERIFIED. In license law, a person is defined as? a) a designated licensee within a brokerage company. b) only a single individual. c) either a licensed individual or business. d) either an individual or firm. - -D Charging advance brokerage fees is.. a) prohibited by the Commission. b) a duty of a broker. c) allowed only for auctioning purposes. d) allowed only for property management functions. - -B The Ge...

GA REAL ESTATE FINAL EXAM REVIEW QUESTIONS AND ANSWERS, 100% ACCURATE, RATED A+/ Anti-Trust - -An area of law concerned with maintaining competition in private markets by prohibiting any restraint on trade. Georgia Real Estate Commission - -Pass rules and regulations that govern real estate licensees Comprehensive Environmental Response, Compensation, and Liability Act (CERCLA) - -A federal law enacted by Congress in 1980 to create a tax on the chemical and petroleum industries and prov...

GA REAL ESTATE MIDTERM EXAM REVIEW QUESTIONS AND ANSWERS, 100% ACCURATE, GRADED A+/ A lien against all of the person's real and personal property owned - -General Lien A factor used to achieve uniformity in statewide tax assessments - -Equalization Factor A writ that establishes court custody of property until a pending lawsuit concludes - -Writ of Attachment A type of lien created by law - -Involuntary Lien A written agreement between lien holders to change the priority of a lien - -S...

GA REAL ESTATE PRE-LICENSE COURSE REVIEW QUESTIONS AND ANSWERS, 100% ACCURATE, VERIFIED. Agency - -every relationship in which a real estate broker acts for or represents another as a client by the latter's written authority in a real property transaction associate broker - -a person who acts on behalf of a real estate broker in performing any act authorized to be performed by a broker broker does the following: - -*negotiates or attempts to negotiate listing, sale, purchase, exchange,...

GA REAL ESTATE TEST CHAPTER 3 QUESTIONS AND ANSWERS, GRADED A+/ VERIFIED. If there is no indication in the deed as to how co owners are taking title, the law presumes the parties intended to own property as - -tenants in common ownership of real estate for such things as schools, roads, parks and military installations - -public ownership A tenancy in common form of ownership entitles each co tenant to - -An equal interest in the land ownership by 1 person or a single entity - -several...

GEORGIA REAL ESTATE EXAM REVIEW QUESTIONS | ANSWERED. GRADED A+/ Easement by prescription - -Easement acquired by continuous open and hostile use of the property for the period of time prescribed by state law Easement by necessity - -Easement allowed by law as necessary for the full enjoyment of parcel of real estate .(right of ingress and egress over a grantors land) Rescission - -The practice of one party canceling or terminating a contract. Mortgagee - -The bank(receiving the house)...

GEORGIA REAL ESTATE EXAM STUDY GUIDE EXAM REVIEW QUESTIONS AND ANSWERS, 100% ACCURATE, VERIFIED. Accession - -The acquisition of title by the owner of real property to those things attached to the property by others, such as tenants, trespassers, or by nature. Acre - -A measure of land area equal to 43560 square feet. 43560 - -The number of squarefeet in one acre. Active License - -Status of an individual who has met all qualifications to practice real estate as a broker, associate bro...

GEORGIA REAL ESTATE EXAM STUDY GUIDE QUESTIONS AND ANSWERS, 100% ACCURATE. VERIFIED. Accession - -The acquisition of title by the owner of real property to those things attached to the property by others, such as tenants, trespassers, or by nature. Acre - -A measure of land area equal to 43560 square feet. 43560 - -The number of squarefeet in one acre. Active License - -Status of an individual who has met all qualifications to practice real estate as a broker, associate broker, or sale...

GEORGIA REAL ESTATE EXAM STUDY SET QUESTIONS AND ANSWERS, 100% ACCURATE, VERIFIED. Best describes parcel of land - -the surface of the earth extending down to the center and upward to infinity Determining if Fixture, NOT considered - -Value of item Characteristic in difference btwn personal prop. from real property. - -mobility When used in deed or other RE doc., legal description describes only land bc - -buildings/other improvements considered part of the real estate Item was person...