Study guides, Class notes & Summaries

Colibri School Exam NJ 2023(updated)question and answers rated A+In a real estate transaction the principal would BEST be described as the - correct answer Person represented by an agent Bert is showing his buyer a home in a historic district. The buyer mentions in passing that she would like to place solar panels on the roof. Beet knows that the homeowners association CC&Rs would prohibit this to protect the historic character of the neighborhood, but he doesn't tell the buyer for fear she'l...

Colibri Real Estate (Real Estate Express) Final Exam Review(2023 updated)fully solvedBroker Jane has been accused of a law violation regarding commissions. Which of the following might result in her being found guilty? A) Jane paid a commission to her licensed personal assistant. B) Jane paid a commission to the wife of one of her licensees who was recently killed in an auto accident. The deceased licensee had earned the commission prior to his death. C) Jane paid a commission plus a bonus ...

Colibri Real Estate (Real Estate Express) Final Exam Review 2024 Questions and Answers 100% Pass Broker Jane has been accused of a law violation regarding commissions. Which of the following might result in her being found guilty? A) Jane paid a commission to her licensed personal assistant. B) Jane paid a commission to the wife of one of her licensees who was recently killed in an auto accident. The deceased licensee had earned the commission prior to his death. C) Jane paid a commissio...

Colibri School Exam NJ 2024 Questions and Answers 100% Pass In a real estate transaction the principal would BEST be described as the - Correct Answer ️️ -Person represented by an agent Bert is showing his buyer a home in a historic district. The buyer mentions in passing that she would like to place solar panels on the roof. Beet knows that the homeowners association CC&Rs would prohibit this to protect the historic character of the neighborhood, but he doesn't tell the buyer for fe...

Colibri Chapter 1, 2, 3 Questions and Answers 100% Pass The Knowledge of Property Transfer - - Correct Answer ️️ -by deed, will, inheritance or the use of contracts, or trusts. Knowledge of Market Conditions - - Correct Answer ️️ -the level of listings on the market, how the property may be financed, how quickly property sells and the value of a property Knowledge of How to Market Real Estate - - Correct Answer ️️ -techniques that include proper pricing, disclosure to both th...

Real Estate Colibri Practice Exam Questions and Answers 100% Pass Which item below can help protect against a home with a listed incorrect street address or legal description in public records? - Correct Answer ️️ -Standard coverage title insurance policy and extended coverage title insurance policy Robert owns his property and enjoys the full bundle of rights. Can he use his property as collateral for debt? - Correct Answer ️️ -Yes. Robert can encumber his property Which location...

Colibri Real Estate Final Exam Questions and Answers 100% Pass land contract - Correct Answer ️️ -buyer pays seller to occupy and use property net lease - Correct Answer ️️ -buyer pays rent and other expenses gross lease - Correct Answer ️️ -buyer pays only rent goes to heirs - Correct Answer ️️ -Tenants in common, 2 of 3 people die. Who gets the property of those who died? Tenant owns it in severality - Correct Answer ️️ -Joint Tenancy, 3 of 4 people die. Who gets pr...

Colibri Real Estate Practice Final Exam Questions and Answers 100% Pass Why is the condition of bearing walls more important than non bearing walls? - Correct Answer ️️ -Bearing walls support the ceiling and the roof. Owner Tom decided to lease out his basement to a college student. By leasing the basement, Tom has - Correct Answer ️️ -transferred a portion of his bundle of rights What is a forecast of income and expenses that can be projected over five years? - Correct Answer ️...

Colibri Real Estate (Real Estate Express) Updated Review Broker Jane has been accused of a law violation regarding commissions. Which of the following might result in her being found guilty? A) Jane paid a commission to her licensed personal assistant. B) Jane paid a commission to the wife of one of her licensees who was recently killed in an auto accident. The deceased licensee had earned the commission prior to his death. C) Jane paid a commission plus a bonus to one of her licensees. D...

Colibri Real Estate Final Exam with Correct Answers-2024 land contract - ️️ - buyer pays seller to occupy and use property net lease - ️️ - buyer pays rent and other expenses gross lease - ️️ - buyer pays only rent goes to heirs - ️️ - Tenants in common, 2 of 3 people die. Who gets the property of those who died? Tenant owns it in severality - ️️ - Joint Tenancy, 3 of 4 people die. Who gets property of those who died? Client - ️️ - Another word for principal race...

Broker Jane has been accused of a law violation regarding commissions. Which of the following might result in her being found guilty? A) Jane paid a commission to her licensed personal assistant. B) Jane paid a commission to the wife of one of her licensees who was recently killed in an auto accident. The deceased licensee had earned the commission prior to his death. C) Jane paid a commission plus a bonus to one of her licensees. D) Jane paid a commission to a Florida licensee who is not ...

Colibri Real Estate (Real Estate Express) Final Exam Review | 2024 75-Hour Georgia Salesperson Prelicense Course Broker Jane has been accused of a law violation regarding commissions. Which of the following might result in her being found guilty? A) Jane paid a commission to her licensed personal assistant. B) Jane paid a commission to the wife of one of her licensees who was recently killed in an auto accident. The deceased licensee had earned the commission prior to his death. C)...