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Exam (elaborations)

Washington Real Estate Test-solved

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Washington Real Estate Test-solved A disciplinary hearing will be conducted by - Ans ️️ -the director of the Department of Licensing or an administrative law judge. (The director or an administrative law judge will conduct the hearing. Attorneys can represent the Department of Licensing, the licensee, and the person making the accusation.) There are no exceptions to fair housing law for - Ans ️️ -racial considerations. The case of Jones v. Mayer in 1968 upheld the Civil Rights Act of 1866 and prohibits racial discrimination without exception. Taxes levied on a property owner to pay for installation of sidewalks or sewers are called - Ans ️️ -special assessments. Special assessments are taxes levied on real estate to fund public improvements. A prepaid item by the seller is a(n) - Ans ️️ -credit to the seller. Prepaid items are expenses that have been paid by the seller but are not fully used up, such as fuel oil. These items are prorated and appear as a credit to the seller. Schools would be considered part of which real estate classification? - Ans ️️ -Special-purpose Special-purpose properties include schools, churches, cemeteries, and government-held lands

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Institution
Washington Real Estate
Course
Washington Real Estate

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Uploaded on
December 22, 2023
Number of pages
47
Written in
2023/2024
Type
Exam (elaborations)
Contains
Questions & answers

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