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Aceable Agent : Final Exam Practice Questions
Study online at https://quizlet.com/_feklrs
1. Exclusive Right to sell in which type of listing agreement is a listing agent promised a commission
Listing if the property is sold, regardless of who brings the buyer?
2. Easement by necessity Lea's property was created when a larger lot was cut into pieces. It is
landlocked and she has an easement across a neighboring lot to reach the
road. what kind of easement does she have?
3. If a loan is partially its monthly payments will not be enough to pay off the principal within the
amortized, then: loans terms
4. Example of express Ted calls Broker Joe asking for help in selling his condo
agency
5. what is true regarding items a tenant uses in their business that will be removed at end of lease
trade fixtures?
6. what is a Servient Ten- Parcel of land that must allow an adjacent owner to cross; an easement
ement? appurtenant exists at the expense of this party
7. Loan to value Ratio If a lender wishes to understand the gab between the value of a property
and the cost of the loan being used to purchase that property, what risk
assessment tool would they use?
8. What is the Su- federal law that amends CERCLA, designates more money to the superfund
perfund Amendments trust, and establishes new environmental law and regulations
and Reauthorization
Act (SARA)?
9. Supply Increases under what condition would you expect the price in a market to decrease?
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Aceable Agent : Final Exam Practice Questions
Study online at https://quizlet.com/_feklrs
1. Exclusive Right to sell in which type of listing agreement is a listing agent promised a commission
Listing if the property is sold, regardless of who brings the buyer?
2. Easement by necessity Lea's property was created when a larger lot was cut into pieces. It is
landlocked and she has an easement across a neighboring lot to reach the
road. what kind of easement does she have?
3. If a loan is partially its monthly payments will not be enough to pay off the principal within the
amortized, then: loans terms
4. Example of express Ted calls Broker Joe asking for help in selling his condo
agency
5. what is true regarding items a tenant uses in their business that will be removed at end of lease
trade fixtures?
6. what is a Servient Ten- Parcel of land that must allow an adjacent owner to cross; an easement
ement? appurtenant exists at the expense of this party
7. Loan to value Ratio If a lender wishes to understand the gab between the value of a property
and the cost of the loan being used to purchase that property, what risk
assessment tool would they use?
8. What is the Su- federal law that amends CERCLA, designates more money to the superfund
perfund Amendments trust, and establishes new environmental law and regulations
and Reauthorization
Act (SARA)?
9. Supply Increases under what condition would you expect the price in a market to decrease?
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