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Exam (elaborations)
National Portion - Real Estate Exam Prep Latest QuesNational Portion - Real Estate Exam Prep Latest Questions and Graded Answersions and Graded Answers
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---48May 20252024/2025A+
- National Portion - Real Estate Exam 
Prep Latest Questions and Graded 
Answers
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$12.99 More Info
ProfIby
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Exam (elaborations)
National Portion Key Predicted Exam Questions and CORRECT Answers
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---52March 20242023/2024A+
- Chelsea's mother owns several rental properties and intends to keep them to pass on to the 
family. Chelsea holds a special power of attorney to manage the rental properties, including 
working with the property manager to place and evict tenants as necessary. Which of these 
would violate the POA? Without consulting her mother, Chelsea decides to 
completely refurbish one of the properties. 
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An agent holding a POA can only make decisions that reflect the principal's preferences and 
c...
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$9.99 More Info
MGRADES
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Exam (elaborations)
National Portion UPDATED Exam Questions and CORRECT Answers
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---24March 20242023/2024A+
- A minor entered into a contract to sell the house she had inherited to a buyer. This contract is 
MOST likely 
A) voidable by the minor. 
B) voidable by the buyer. 
C) valid. 
D) void. A) voidable by the minor. 
A title search for a property under contract has revealed several outstanding liens against the 
property. Which of the following liens has highest priority? 
A) A judgment lien rendered and recorded last month 
B) An outstanding first mortgage lien dated and recorded one year ago 
C)...
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$9.49 More Info
MGRADES
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Exam (elaborations)
National Portion Top Forecasted Exam Questions and CORRECT Answers
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---117March 20242023/2024A+
- D. Conventional - A $90,000 down payment would be a little more than 20% down ($90,000 
÷ $425,000 = 0.212, or 21.2%). The Baxters should qualify for a conventional loan with that 
much to put down on the home.The Baxters are looking at a $425,000 home near 
Camelback Mountain in Phoenix, Arizona. They have $90,000 in savings to use as a down 
payment. What loan type(s) would likely be the best option for them? 
A. FHA 
B. VA 
C. FHA, VA, or conventional 
D. Conventional 
C. Land contract -...
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MGRADES
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Exam (elaborations)
National Portion - Real Estate Prep Exam Correct Questions and Answers Graded A+ 100%
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---15July 20232022/2023A+
- National Portion - Real Estate Prep Exam Correct Questions and Answers Graded A+ 100% 
agency - CORRECT ANSWER-a consensual fiduciary relationship authorizing a broker to act on the behalf of a client 
Fiduciary Relationship - CORRECT ANSWER-a relationship in which one party places special trust, confidence, and reliance in a trusted person 
Principal - CORRECT ANSWER-a person (client) who empowers another (agent) to act as his or her representative in a real estate transaction 
client - CORRECT...
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$17.49 More Info
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