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The CE Shop Georgia State Exam Practice questions and answers(latest update)

CE Shop Unit Quiz questions and answers(latest update)

Which of the following is true about Alabama Real Estate Commission hearings? They are usually held in Montgomery County The months are just flying by, as they seem to do, and Alabama licensee Audrey has yet to complete her annual CE requirement. Assuming this is an even-numbered year, by what date does she need to have her 15 hours of continuing education documented? September 30 Which of the following must be reported to AREC via certified mail within 10 business days? Maxine ...

Rules Relating to Contract Forms Is the following statement true or false? TREC may adopt rules that are in the public's best interest requiring license holders to use contract forms prepared by the Texas Broker-Lawyer Committee and adopted by the commission. True How Well Do You Know the Commission? The Texas Real Estate Commission has broad authority. Select whether the following choices fall under TREC's authority. Administer the law known as TRELA Authority Not an a...

Blaire apparently hasn't learned her lesson. She paid a $5,000 penalty when MREC found her guilty of misrepresentation, a $10,000 penalty when she was found guilty of placing a for sale sign in someone's yard without permission, and now she's committed three more violations by placing a series of discriminatory ads. What's the maximum penalty MREC can levy for these new violations? 75,000 Which of these parties WOULD need a real estate license in Maryland? Marsha, an attorney who is...

Which of these is a system that many states use to determine lien priority? First in time, first in right What is typically used to prove there are no encroachments on the property? Survey Emblements are considered to be ______. Personal property Which mortgage market comprises lending institutions that lend directly to the consumer? Primary mortgage market Which agency enforces federal fair housing laws? FHEO For a deed to be valid, which two elements are...

What's the maximum fine the Alabama Real Estate Commission can impose on a licensee? $2,500 Where can licensure applicants obtain the license application? At the testing center Lee is wondering if he really needs to complete his CE requirements during this licensing cycle. Those who have held a reciprocal license for less than a year at renewal time are exempt from completing CE requirements. The other questions aren't relevant to Lee's concern. Danny is 19 years old. ...

After a few meetings, the Stinsons sign a listing agreement with broker Vera so she can sell their house. The house has already generated interest from a potential buyer named Sergei, who has spoken with Vera about the house's price and square footage. Which of the following is true about this situation? The Stinsons and Vera have a brokerage relationship agreement. Contacting homeowners to determine whether they or anyone they know is interested in selling describes the ______ approach...

A real estate licensee can provide which of the following opinions? - An opinion regarding the appraisal value of a property - An opinion regarding the effect of breaking an existing agreement to accept a new offer - An opinion regarding the listing price - An opinion regarding whether a roof needs to be replaced Answer = An opinion regarding the listing price How many hours of real estate coursework must a managing broker applicant complete? - 120 - 150 - 60 - 90...

Ruthe is fed up with her agent's lazy and irresponsible behavior. On top of his usual incompetence, her checking account was just hacked because he misplaced her $10,000 EMD check. She's lost $5,000 and has to pay $50 in bank fees, too. With which entity should she file a complaint? The chamber of commerce The Guaranty Fund The Maryland Real Estate Commission The state attorney general The Maryland Real Estate Commission Even if Ruthe wishes to seek damages from the Guaranty Fu...