1. broker ANS >> licensed real estate professional acting as a point of contact
between two or more people in negotiating a sale rental or purchase of a property
2. property manager ANS >> broker responsible for maintaining a clients property
while maximizing income return
3. principal or managing broker ANS >> individual held responsible for the
actions of all other licensees in the firm
4. property management ANS >> kathy is hired by her neighbor to collect rents and
main- tain the property while the neighbor is oversees this type of real estate
specialty is known as
5. National Association of REALTORS ANS >> which trade association gives a
broker the right to use the term REALTOR
6. prices tend to fall ANS >> when demand decreases and supply remains the sam
7. population ANS >> which of the following would not affect supply
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, 8. developmental ANS >> not a category of the uses of real property
9. fiscal policy ANS >> which of the following would not affect demand
10. degree of standardization of the products price ANS >> does not affect how
quickly the forces of supply and demand work
11. equilibrium ANS >> point at which supply and demand are balanced
12. prices tend to rise ANS >> when the supply of a commodity decreases
13. demographics ANS >> study and description of the people in a community
14. real property ANS >> phrase bundle of rights in properly included in
15. personal property ANS >> according to law a trade fixture is
16. patio furniture ANS >> which of the following is personal property
17. severance ANS >> real property can become personal property by
18. scarcity ANS >> not a physical characteristic of land
19. none of the identified items ANS >> a broker showed an owner-occupied
property that had window screens, venetian blinds, and a wall bed. the broker
secured a buyer whose offer was accepted by the owner and the transaction was
placed in escrow before the close of the sale the seller may remove
20. indestructible ANS >> land is considered to be
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between two or more people in negotiating a sale rental or purchase of a property
2. property manager ANS >> broker responsible for maintaining a clients property
while maximizing income return
3. principal or managing broker ANS >> individual held responsible for the
actions of all other licensees in the firm
4. property management ANS >> kathy is hired by her neighbor to collect rents and
main- tain the property while the neighbor is oversees this type of real estate
specialty is known as
5. National Association of REALTORS ANS >> which trade association gives a
broker the right to use the term REALTOR
6. prices tend to fall ANS >> when demand decreases and supply remains the sam
7. population ANS >> which of the following would not affect supply
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13
, 8. developmental ANS >> not a category of the uses of real property
9. fiscal policy ANS >> which of the following would not affect demand
10. degree of standardization of the products price ANS >> does not affect how
quickly the forces of supply and demand work
11. equilibrium ANS >> point at which supply and demand are balanced
12. prices tend to rise ANS >> when the supply of a commodity decreases
13. demographics ANS >> study and description of the people in a community
14. real property ANS >> phrase bundle of rights in properly included in
15. personal property ANS >> according to law a trade fixture is
16. patio furniture ANS >> which of the following is personal property
17. severance ANS >> real property can become personal property by
18. scarcity ANS >> not a physical characteristic of land
19. none of the identified items ANS >> a broker showed an owner-occupied
property that had window screens, venetian blinds, and a wall bed. the broker
secured a buyer whose offer was accepted by the owner and the transaction was
placed in escrow before the close of the sale the seller may remove
20. indestructible ANS >> land is considered to be
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