Study guides, Class notes & Summaries

REAL ESTATE U FINAL EXAM TEST BANK AND STUDY GUIDE | ALL EXAM VERSIONS 1 , 2 AND 3 | ACCURATE REAL EXAM QUESTIONS AND ANSWERS | RECENTLY TESTED | EXPERT VERIFIED | GUARANTEED PASS | GRADED A | LATEST UPDATE | 2023/2024

Real Estate U Final Exam Questions And Answers 2023/2024 Real Estate U Final Exam Questions And Answers 2023/2024 Article 12 A NYS Real Estate Property Law (1) Protect the public (2) Salesperson at least 18 (3) broker at least 20 years . Sponsor Broker that holds salesperson license Summary of Submission Paper you get after registering for NYS test. Bring to tes with you Misedemanor Crime with no more than 1 year prison or $1,000 fine Listing Agreement Agreement between salesperso...

REAL ESTATE U FINAL EXAM AND FINAL PRACTICE EXAM LATEST ACTUAL EXAM 300 QUESTIONS AND CORRECT DETAILED ANSWERS (VERIFIED ANSWERS) ALREADY GRADED A+ Are unlicensed assistants allowed to record and deposit trust money deposits and maintain trust account records under the close supervision of the offer broker-incharge? - ANSWER-Yes What entities must have a firm license to operate as a broker in North Carolina? - ANSWER-Any type other than sole proprietorships. When should written a...

Are unlicensed assistants allowed to record and deposit trust money deposits and maintain trust account records under the close supervision of the offer broker-in-charge? - answer-Yes What entities must have a firm license to operate as a broker in North Carolina? - answer-Any type other than sole proprietorships. When should written authority for dual agency be reduced to writing? - answer-No later than the time that one of the parties represented by the broker makes an offer to purchase,...

Which of the following are tax-deductible expenses resulting from home ownership? - answer-Mortgage interest and property taxes Which of the following is true regarding the $500,000 exemption, in the sale of a personal residence, for a married couple filing jointly? - answer-A married couple can use the $500,000 joint exemption if only one meets the ownership requirement, but BOTH meet the occupancy requirement A homeowner in NC had constructed a three-bedroom house with two full baths i...

Article 12 A - answer-NYS Real Estate Property Law (1) Protect the public (2) Salesperson at least 18 (3) broker at least 20 years . Sponsor - answer-Broker that holds salesperson license Summary of Submission - answer-Paper you get after registering for NYS test. Bring to tes with you Misedemanor - answer-Crime with no more than 1 year prison or $1,000 fine Listing Agreement - answer-Agreement between salesperson and property owner, allowing salesperson to provide services to the ow...

Article 12-A of the NYS Real Property Law - answer-The section of the New York Real Property Law pertaining to real estate salespersons and brokers. - Primary purpose is to "Protect the Public" - Requires a salesperson to be at least 18 years of age - Requires a broker to be at least 20 years of age Sponsor - answer-A licensed real estate broker that holds the license of a salesperson. "Summary of Your Submission" - answer-Obtained after your register for the New York State Salesp...

REAL ESTATE U FINAL EXAM TEST BANK AND STUDY GUIDE | ALL EXAM VERSIONS 1 , 2 AND 3 | ACCURATE REAL EXAM QUESTIONS WITH CORRECT ANSWERS | RECENTLY TESTED | EXPERT VERIFIED | GUARANTEED PASS | GRADED A | LATEST UPDATE | 2023/2024 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...

REAL ESTATE U FINAL EXAM TEST BANK AND STUDY GUIDE | ALL EXAM VERSIONS 1 , 2 AND 3 | ACCURATE REAL EXAM QUESTIONS AND ANSWERS | RECENTLY TESTED | EXPERT VERIFIED | GUARANTEED PASS | GRADED A | LATEST UPDATE | 2023/2024 Article 12-A of the NYS Real Property Law - The section of the New York Real Property Law pertaining to real estate salespersons and brokers. - Primary purpose is to "Protect the Public" - Requires a salesperson to be at least 18 years of age - Requires a broker ...

REAL ESTATE U FINAL EXAM TEST BANK AND STUDY GUIDE | ALL EXAM VERSIONS 1 , 2 AND 3 | ACCURATE REAL EXAM QUESTIONS WITH CORRECT ANSWERS | RECENTLY TESTED | EXPERT VERIFIED | GUARANTEED PASS | GRADED A | LATEST UPDATE | 2023/2024 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...

REAL ESTATE U FINAL EXAM TEST BANK AND STUDY GUIDE | ALL EXAM VERSIONS 1 , 2 AND 3 | ACCURATE REAL EXAM QUESTIONS AND ANSWERS | RECENTLY TESTED | EXPERT VERIFIED | GUARANTEED PASS | GRADED A | LATEST UPDATE | 2023/2024 Article 12-A of the NYS Real Property Law - The section of the New York Real Property Law pertaining to real estate salespersons and brokers. - Primary purpose is to "Protect the Public" - Requires a salesperson to be at least 18 years of age - Requires a broke...

In a sub-lease, who is responsible for paying rent to the landlord? - Answer The original tenant Which of the following individuals is NOT required to have a real estate license? - Answer An attorney admitted to the NY State Bar Which of the following loans has a monthly payment that is lower in the early years but increases over the term of the loan? - Answer Graduated payment mortgage What type of easement is commonly used by utility companies? - Answer Easement in gross Wh...