Real Estate Law Exam – Questions With Right
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Terms in this set (124)
What is the primary purpose of most to compensate a person who has been harmed
civil lawsuits?
A person who commits a tort....... has violated the standards of reasonable conduct
Unconstitutional law........... exceeds the powers granted to the government
Which would be most likely to issue A. The Ashtabula county court
an ordinance? B. the Dayton city council
C. The Ohio Real Estate Commission
D. The Ohio State Senate
Answer: B
What is the main purpose of the to make court decisions more consistent and
doctrine of Stare Decises ? predictable
What can limit a courts jurisdiction? - amount of money at issue in a case
- geographical boundaries
- subject matter of the case
Alice sued Betty for breach of Court of Common Pleas
contract, claiming $175,000 in
damages. Which kind of state court
did Alice file suit in?
An example of a person who does not a salaried employee of ABC Corporation when
need a real estate license is....... selling the company's own property
, The Ohio real estate commission is the Department of Commerce
part of what?
Which authority revokes licenses? The real estate commission
An example of what a real estate - draft deeds for sellers
licensee is NOT allowed to do...... -keep the earnest money if the deed falls through
-use an open-ended expiration date on an open
listing agreement
A real estate licensee is allowed to...... offer real estate to the market only on the terms
allowed by the seller
a sales associate can personally buy a listing only after disclosure to the
seller that the sales associate is a principal
what must all brokers have ? a place of business to operate as brokers
A real estate licensee can begin the the license has been issued by the Division of Real
practice of real estate when? Estate
In order to use the real estate damaged by a licensee in a real estate transaction
recovery fund, one must be...
Continuing education for active 3 hours of core law, 3 hours of civil rights law, and 3
licensees under the age of 70 requires hours of ethics as part of the 30 hour requirement
students to take
Who may bring a complaint to the Anyone is allowed
superintendent?
What is the purpose of the license protect the public against fraudulent practice
law?
A broker can buy property in his own he discloses his license
name only if
Solutions
Save Groups
Terms in this set (124)
What is the primary purpose of most to compensate a person who has been harmed
civil lawsuits?
A person who commits a tort....... has violated the standards of reasonable conduct
Unconstitutional law........... exceeds the powers granted to the government
Which would be most likely to issue A. The Ashtabula county court
an ordinance? B. the Dayton city council
C. The Ohio Real Estate Commission
D. The Ohio State Senate
Answer: B
What is the main purpose of the to make court decisions more consistent and
doctrine of Stare Decises ? predictable
What can limit a courts jurisdiction? - amount of money at issue in a case
- geographical boundaries
- subject matter of the case
Alice sued Betty for breach of Court of Common Pleas
contract, claiming $175,000 in
damages. Which kind of state court
did Alice file suit in?
An example of a person who does not a salaried employee of ABC Corporation when
need a real estate license is....... selling the company's own property
, The Ohio real estate commission is the Department of Commerce
part of what?
Which authority revokes licenses? The real estate commission
An example of what a real estate - draft deeds for sellers
licensee is NOT allowed to do...... -keep the earnest money if the deed falls through
-use an open-ended expiration date on an open
listing agreement
A real estate licensee is allowed to...... offer real estate to the market only on the terms
allowed by the seller
a sales associate can personally buy a listing only after disclosure to the
seller that the sales associate is a principal
what must all brokers have ? a place of business to operate as brokers
A real estate licensee can begin the the license has been issued by the Division of Real
practice of real estate when? Estate
In order to use the real estate damaged by a licensee in a real estate transaction
recovery fund, one must be...
Continuing education for active 3 hours of core law, 3 hours of civil rights law, and 3
licensees under the age of 70 requires hours of ethics as part of the 30 hour requirement
students to take
Who may bring a complaint to the Anyone is allowed
superintendent?
What is the purpose of the license protect the public against fraudulent practice
law?
A broker can buy property in his own he discloses his license
name only if
