REAL ESTATE MONTANA EXAM REVIEW QUESTIONS AND ANSWERS, GRADED A+/[LATEST EXAM UPDATES]
REAL ESTATE MONTANA EXAM REVIEW QUESTIONS AND ANSWERS, GRADED A+/ 2 reasons the lender could call upon balance due of your mortgage? - -Default, and resale A baskin and Robbins I've cream store is a nonconforming use in a residentially zone area. The business is destroyed by a fire. Can it be rebuilt as an ice cream store? - -No, the stores nonconforming use is terminated by the destruction of the property A broker learns about a zone change which may have substantial effect on the property value. Must the broker inform the seller? - -Yes A broker listed a farm which had a growing soybean crop. The growing crop is - -An emblement which is legally considered to be a chattel which may be harvested by the seller within a reasonable time after closing A broker may sign a contract of sale for the seller if the - -Broker has power of attorney A broker may tell the buyer that the seller will take less than the listed price if the broker is a - -Buyer agent A broker must disclose to the principal seller that - -The buyer who needs seller financing has a less than desirable credit history A broker statement that a fairly ordinary home has "lovely floorplan and a charming exterior" is referred to under contract law as - -Puffing A broker supplies the financing for a condominium development, provided the developer agrees to give the broker an exclusive listing to sell the completed units. The broker is known as a - -Agent coupled with an interes
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real estate montana exam review questions and ans
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