Colibri Real Estate Practice Final Exam Questions And Answers 100% Guaranteed Success.

Colibri Real Estate Practice Final Exam
Questions And Answers 100% Guaranteed
Success.



Whyuisutheuconditionuofubearinguwallsumoreuimportantuthanunonubearinguwalls?u-
ucorrectuanswer.uuuuBearinguwallsusupportutheuceilinguandutheuroof.



OwneruTomudecidedutouleaseuoutuhisubasementutouaucollegeustudent.uByuleasingutheubase
ment,uTomuhasu-ucorrectuanswer.uuuutransferreduauportionuofuhisubundleuofurights

Whatuisuauforecastuofuincomeuanduexpensesuthatucanubeuprojecteduoverufiveuyears?u-
ucorrectuanswer.uuuuStabilizedubudget



AubuyerutoldubrokeruLenauthatusheuwantsutoumoveutouCubanuneighborhood.uThenutheubuy
eruaskeduifuLenaucouldushowuherutheubestuhomeuinuauCubanuarea.uHowushoulduLenauresp
ondutouthisurequest?u-
ucorrectuanswer.uuuuLenaushoulduexplainutoutheubuyeruthatusheuethicallyuandulegallyucannot

urecommenduhousingubaseduonunationaluorigin.



Whichuofutheufollowinguwillsumayubeuconsidereduinvalid?u-
ucorrectuanswer.uuuuAuwilluthatuisunotusigned.



BrokeruTorreyuhiresusalespersonuWesuasuanuindependentucontractor.uAsuanuindependentu
contractor,uWesucanuexpectuwhichuofutheufollowingufromuBrokeruTorrey?u-
ucorrectuanswer.uuuuPerformanceuExpectations



Whichuofutheufollowingustatementsubestudescribesuwhatuhappensuwithuaujudicialuforeclosu
re?u-ucorrectuanswer.uuuuTheumortgagedupropertyuisusolduunderutheusupervisionuofuaucourt.

, Whichuofutheufollowingubestudescribesutheuprincipleuofuconformity?u-
ucorrectuanswer.uuuuAuhomeumaintainsuitsuhighestuvalueubyubeinguinuauneighborhooduwithus

imilar-typeuhousing.

Theucostuofudoingudirectumailuadvertisingudependsuonu-
ucorrectuanswer.uuuuTheufrequencyuofutheumailings



Autypeuofumortgageuwhichuallowsutheulenderutouincreaseutheuoutstandingubalanceuofuauloa
nuuputoutheuoriginaluamountuofutheuloanuinuorderutouadvanceuadditionalufundsuisucalleduanu-
ucorrectuanswer.uuuuopen-endumortgage



Ofutheufollowinguliens:uau$100,000umortgage,uau$2,500upropertyutaxubill,uanduau$8,000ume
chanic'sulienuanduau$25,000ujudgementulien,uwhichuwillubeupaiduoffufirstuafteruauforeclosure
usale?u-ucorrectuanswer.uuuuTheu$2,500upropertyutaxulien



Onuau$280,000uloan,utheulenderuchargesuau2upointuserviceucharge.uHowumuchudoesutheub
orroweruhaveutoupayuforujustutheseutwoupoints?u-ucorrectuanswer.uuuu$5,600

Ausellerudecidedutoubackuoutuofuausalesucontractuforunougoodureason.uWhaturecourseudoes
utheubuyeruhave?u-ucorrectuanswer.uuuuTousueuforuspecificuperformance.



WhatuareutheuprimaryuadvantagesuofuPEXupiping?u-
ucorrectuanswer.uuuuPEXupipinguisuableutouwithstandubothuhighuandulowutemperaturesuanduit

uisuhighlyuresistantutouchemicals.



HowudoesuPlanneduUnituDevelopmentuzoningudifferufromuordinaryuzoning?u-
ucorrectuanswer.uuuuIurequiresuthatumultipleutractsuofulandubeudevelopeduaccordingutouausin

gleudesignuforuefficientuuseuofuspace.

HomeuHoardinguRealtyuisuadvertisingutoutheupublicuthatutheirumanagingubrokeruhasubeenui
nutheubusinessu37uyearsuanduhasusolduoveru1,250uhomes.uThisuisuanuexampleuofu-
ucorrectuanswer.uuuuinstitutionaluadvertising



Whichuofutheufollowinguwoulduqualifyuasuanuexampleuofuretailuproperty?u-
ucorrectuanswer.uuuuAushoppingucenter



Neal'suhomeuhasubeenuforecloseduonuandusolduatuauSheriff'susale.uTheusaleubroughtuinu$5
00,000uandutheutotaluliabilitiesuonutheuhomeuwereu$425,000.uWhoureceivesutheuadditionalu
$75,000?u-ucorrectuanswer.uuuuNeal

BrokeruJonuisuattachinguauriderustriputouauForuSaleusign.uWhatuinformationuisumostulikelyuo
nuthisuriderustrip?u-ucorrectuanswer.uuuuJon'sucelluphoneunumber

Whichuisufalseuregardinguaupromissoryunote?u-
ucorrectuanswer.uuuuItuisutheutermuuseduforuaunoteuthatuisuguaranteeduoruinsuredubyuaugover

nmentaluagency.