Real Estate

Real Estate Practice Exam Questions And Answers (Actual Solutions)

The commissioner of which department is responsible for adoption primary drinking water standards and drinking water rules in the state of NH? A. Dept. of Public Wells B. Dept. of Well Protection C. Dept. of Environmental Services D. Dept. of Aquifers & Community Water Supply C. Dept. of Environmental Services A broker lists 45 acres of land that is in current use. A buyer purchases the land with the intent to subdivide the acreage into 26 lots. 6 months after closing, the buyer receives ...

Rebecca receives an earnest money deposit in the amount of $12,000. Which of the following statements best describes the deposit of this trust money? Rebecca may deposit it in the firm's regular trust account. Rebecca must deposit it in an individual trust account set up for just this client. Rebecca must deposit the funds in a non-interest bearing trust account. Rebecca must deposit the funds into a DOL special trust fund account. : **Rebecca may deposit it in the firm's regular trust ...

The voluntary and permanent cessation of use or enjoyment with no intention to resume or reclaim one's possession or interest. May pertain to an easement or a property. : Abandonment Tenants cannot sign away their rights in advance of signing the lease. : Abrogation A condensed version of the history of title to a particular parcel of real estate as recorded in the county clerk's records; consists of a summary of the original grant and all subsequent conveyances and encumbrances affe...

when does the real estate agent give the seller's a copy of their listing agreement form? : immediately what are the elements needed for a valid purchase and sales agreement? : consideration (not of monetary value), in writing & lawful purpose. There does not need to be earnest money but often is a mortgage that secures both real and personal property as collateral to secure a borrower's debt : package mortgage name of the state/local sales tax debt to the seller in the transfer of p...

Qualifications for wa state real estate commission : 5 years of experience performing real estate brokerage services in this state or 3 years experience in investigative work of a similar nature, preferably in relation to the administration of real estate license law in Washington or elsewhere. Who appoints the real estate commission seats? : The governor must appoint 6 commission members for a term of 6 years each. At least two will be selected from the area east of the cascade mountai...

Candidates for a Washington commission seat must have five years of brokerage experience or ______ years of experience in a related investigative position. : Three Rachel, a REALTOR®, is transferring her Washington broker's license to a new firm. She calls all of her clients and asks them to request that they be allowed to terminate their agreements with her old firm and move with her to the new firm. What code or agreement has Rachel violated? : The REALTOR® Code of Ethics In the...

Real Estate Final Exam (150 Questions) Already Graded A+ A real estate licensee has a buyer agency agreement. What is the seller in this situation? ️A customer. An optionor and an optionee make a contract for an option on a commercial piece of property. If the optionee decides to exercise his option, when must he perform? ️He must exercise his option under the terms of the option contract. When can a landlord evict a disabled blind or disabled tenant from the premises? ️If the te...

Comprehensive, in-detail notes of each chapter for Real Estate Principles CA (exc. chapters 1 & 2). Will help you prepare for the final exam and the Real Estate Licensing Exam (CA). All notes are bundled into one PDF for your convenience.

In-depth notes for the Real Estate Principles course (excluding ch 1-3). Will help you prepare for the RE Principles final exam and for the Real Estate Licensing Exam (CA).