COLIBRI REAL ESTATE FINAL EXAM | QUESTIONS & 100% CORRECT ANSWERS (VERIFIED) | LATEST UPDATE | GRADEA+

COLIBRI REAL ESTATE FINAL EXAM | QUESTIONS & 100% CORRECT ANSWERS (VERIFIED) | LATEST UPDATE | GRADEA+ land contract Correct Answer: buyer pays seller to occupy and use property net lease Correct Answer: buyer pays rent and other expenses gross lease Correct Answer: buyer pays only rent goes to heirs Correct Answer: Tenants in common, 2 of 3 people die. Who gets the property of those who died? Tenant owns it in severality Correct Answer: Joint Tenancy, 3 of 4 people die. Who gets property of those who died? Client Correct Answer: Another word for principal race, nat. origin, sex, color, religion, disability, familial status Correct Answer: Protected by Fair Housing Act marital status Correct Answer: Not protected by Fair Housing Act Blockbusting Correct Answer: telling homeowners that property values will be declining because of ethical/racial makeup is changing flat, paved parking lot Correct Answer: real estate put to its highest use puffing Correct Answer: "This is the most prestigious street in town" $5,000 Correct Answer: maximum fine for first offense name and broker Correct Answer: an individual advertisement needs... statement that they are licensed Correct Answer: a brokerage advertisement needs... 48 hours Correct Answer: if listing is submitted to MLS, must notify customer within... at their next meeting Correct Answer: Licensee must deliver Consumer Info Statement when... blanket mortgage Correct Answer: a mortgage that covers 2 parcels o