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BUNDLE FOR CE SHOP FINAL EXAM Q&A /SURE A

BUNDLE FOR CE SHOP FINAL EXAM Q&A /SURE A

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CE Shop Final Exam / Revised Questions and Answers / 2024

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The components that make up a borrower's mortgage payment can best be remembered using which acronym? - PITI (principal, interest, taxes, and insurance) From a real estate professional's point of view, what's the purpose of qualifying buyers? - To determine the buyer's readiness to buy Activ...

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CE Shop Final Exam / Revised Questions and Answers / 2024

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The Housing and Community Development Act of 1974 added which protected class to federal fair housing law? - Sex When is a cease and desist order effective? - Immediately upon issuance What's another name for an escrow account? - trust account Which act was the first to prohibit any exceptions ...

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CE Shop Final Exam

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which of the following is the price a lender believes the property will bring at a foreclosure sale? - mortgage value Burt terminated his exclusive right-to-sell listing agreement with Scott, his listing broker. Burt may legally do this as long as he's ________ - willing to pay Scott's commissi...

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CE Shop Final Exam – Practice / Revised Questions and Answers / 2024

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A property is listed as having four bedrooms and two-and-a-half bathrooms. However, when showing your buyer clients the property, you only count three bedrooms. As their agent, what should you do as part of your due diligence? - Investigate this discrepancy. A real estate professional in Maryland...

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CE Shop Final Exam / Revised Questions and Answers / 2024

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Kris made an offer on Lincoln's townhouse. However, Kris offered no earnest money. If Lincoln accepted her offer, would it be binding? - Yes, because the offer to buy is the consideration. What score does an applicant need to pass the national and state exams for a real estate affiliate broker l...

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Ce shop Final Exam / Revised Questions and Answers / 2024

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Blaire apparently hasn't learned her lesson. She paid a $5,000 penalty when MREC found her guilty of misrepresentation, a $10,000 penalty when she was found guilty of placing a for sale sign in someone's yard without permission, and now she's committed three more violations by placing a series...

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