Real Estate

real estate exam | 241 questions | with complete solutions

Texas Real Estate Exam Prep (From Pearson VUE and & Champions National Exam Prep) /156 Questions with Verified Answers Rated (A+) Quiz :A property owner has decided to do some landscaping work on his yard. he has planted a tree surrounded by some flowering shrubs. The tree and shrubs are an example of: a) encroachments b) improvements c) surface rights d) emblements - √Answer :b) improvements

The amount that a seller takes away from a sale is termed ? A) Net sale price B) Seller's proceeds C) Gross sales price D) Profit Margin - Answer-B) seller's proceeds which of the following best describes prospecting ? A. Seeking buyers for your listing B. Seeking listing C. Seeking both buyers and sellers D. Seeking buyers for others agents listing - Answer-C. Seeking both Buyers and sellers A property manger can refuse to rent to applicant Mike for any of the following re...

Real estate prelicensing final exam (Louisiana) Questions With Complete Solutions

Real Estate Final Exam (150 Questions) #1| Answered 100% Correctly| Updated 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 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 premi...

Sally and Dan must pay 2 points on their new $65,000 loan. What will they have to pay at closing for the points? - Answer-$1,300 Nancy bought her home last year for $425,000. Her property taxes would be assessed at a maximum of: - Answer-$4,250 Patrick has a written independent contractor agreement with his broker Tami. Last year, about 25% of his income came from sales commissions. The other 75% came from an hourly wage paid by Tami. For income tax purposes, the IRS would probably classif...

Real Estate Final Exam Questions and Answers Rated A+ A religious organization has asked their real estate agent to help them find a property to conduct church services. The type of real property the client is seeking is classified as: Special purpose Who creates a report based their visual findings of a property? Home Inspector Which of the following is not a factor that would affect supply in the real estate market? Employment and wage levels Which is not one of the six categ...

Real Estate Exam AR 2023 Latest Questions & Answers Solved Correctly!!

Humber Real Estate Course 3, Module 1, Introducing Residential Condominiums 179 Questions and Answers 2024 Title - answer Condominium owners hold to their private living space (unit) and share ownership jointly of the common areas (common elements) with other owners in the condominium corporation.

REAL ESTATE 2024 QUESTIONS AND ANSWERS Real Estate Broker - Answer- a person who is licensed as a broker that peforms brokerage activities and collects compensation. Real Estate Salesperson - Answer- a person who peforms real estate activities while associated with a licensed real estate broker. licensee - Answer- a person holding a valid real estate license appraiser - Answer- a person whos certified to estimate the value of a real property according to standardized principles of valuati...