Fiduciary relationship Study guides, Class notes & Summaries
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Florida Real Estate Exam 2024 with 100% correct answers
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administrative law - correct answer -Body of law created by administrative agencies in the form of rules, regulations, orders, and decisions. 
 
agent - correct answer -A person entrusted with another's business; the person authorized by the principal to act on the principal's behalf. 
 
at arm's length - correct answer -People conduct negotiations on their own behalf without trusting the other's fairness or integrity and without being subject to the other's control or influence. 
 
caveat ...
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REAL ESTATE U FINAL EXAM QUESTIONS AND VERIFIED ANSWERS 2024 GRADED A.
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REAL ESTATE U FINAL EXAM 
QUESTIONS AND VERIFIED 
ANSWERS 2024 GRADED A. 
2 / 8 
1. Article 12-A of the NYS Real Property Law: The section of the NewYork RealProperty 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 
2. Sponsor: A licensed real estate broker that holds the license of a salesperson. 
3. "Summary ofYour Submission": ...
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PA Property & Casualty License Practice Exam Questions and Answers Already Passed
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PA Property & Casualty License Practice 
Exam Questions and Answers Already 
 
Passed 
 
An exclusion that states that an insurer will not pay any claim in which an individuals property is 
damaged as a result of an earthquake, mudslide, landslide, or sinkhole. an Earth movement 
exclusion 
 
An exclusion that states that an insurer will not pay any claim in which an individuals property is 
damaged as a result of the fact that the individual did not maintain the property. Neglect 
exclusion 
 
...
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RECA Residential Exam
- Other • 20 pages • 2023
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Fiduciary Representation - Answer- - Trust and confidence 
- Best interests 
- Loyalty 
 
5 Ds of Role Clarity - Answer- 1. Discuss 
2. Determine 
3. Document 
4. Disclose 
5. Do 
 
Must disclose in writing - Answer- - the nature of services provided 
- whether professional has entered into representation relationship with other party 
- any conflicts of interest 
- any other facts that may influence consumers decision to proceed with relationship 
 
made to clarify and provide proof of undertan...
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California Real Estate Exam: Questions & Answers Latest Update 2023/2024 100% Verified
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California Real Estate Exam: Questions & Answers Latest Update 2023/2024 100% Verified. Reed vs. King Case 
(Ans- Must disclose death (and manner of death) on a property if occurs 
within 3 years, except AIDS 
Jones vs. Mayer Supreme Court Decision (1968) 
(Ans- Racial discrimination not allowed (whether selling or buying) in all 
PRIVATE property transactions (based on Civil Rights Act of 1968) 
Easton vs Strassburgar 
(Ans- Seller disclosures to third parties AND agent visual inspection of all...
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NYREI STATE EXAM GROUP TUTORING question and answers 2023 passed
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NYREI STATE EXAM GROUP TUTORING question and answers 2023 passed 
According to the New York State Real Property Law, a real estate salesperson's license is issued for a term of how many years? - correct answer Two 
 
What type of residential real property transfer would require a property condition disclosure statement? - correct answer Re-sales 
 
What happens to the licenses of salespersons if their sponsoring broker's license is revoked or suspended? - correct answer They are suspended 
 
A...
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PSI National real estate exam questions & answers 2023/2024
- Exam (elaborations) • 14 pages • 2023
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PSI National real estate exam questions & answers 2023/2024 
 
 
Martha was able to go to the closing and sign the paperwork to sell her mother's property while her mother was in the hospital. How could this be possible? 
1. Martha may have been named an executor of her mother's will. 
2. Her mother may have had a power of attorney drawn up making Martha her attorney in fact. 
3. Martha and her mother may own the property as joint tenants, so that Martha may sign as owner 
4. Martha's mother...
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Solutions for Government and Not-for-Profit Accounting: Concepts and Practices, 9th Edition by Granof
- Exam (elaborations) • 429 pages • 2023
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Complete Solutions Manual for Government and Not-for-Profit Accounting: Concepts and Practices, 9th Edition 9e by Michael H. Granof, Saleha B. Khumawala, Thad D. Calabrese. ISBN-13: 3898 
 
1 The Government and Not- for- Profit Environment 1 
 
How Do Governments and Not- For- Profits Compare With Businesses? 2 
 
In Practice: Why Is State And Local Government Accounting Important? 6 
 
What Other Characteristics of Governments and Not- For- Profits Have Accounting Implications? 9 
 
How Do Gove...
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NH Real Estate Exam Questions and Answers 100% Correct Score
- Exam (elaborations) • 10 pages • 2024
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NH Real Estate Exam Questions and Answers 
100% Correct Score 
The purpose of the NH Real Estate Commission is to - Correct Answer ️️ -License 
and regulate real estate agents 
Entry Only Listings (limited service listings) are - Correct Answer ️️ -Considered 
listings and must comply with listing requirements 
Look up entry only listings - Correct Answer ️️ - 
Appointing Agents - Correct Answer ️️ -Appoint real estate licensees to represent 
clients in real estate offices that p...
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NYREI School Exam (question and answers 2023) graded A+
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NYREI School Exam (question and answers 2023) graded A+What is the minimum licensing requirement to sell commercial real estate in New York? - correct answer a real estate salesperson's license 
 
What is the preferred method of creating an agency relationship? - correct answer expressed agency 
 
An amenity purchaser - correct answer occupies or uses the purchased property 
 
Condominium units are considered _____ property and are conveyed by _____. - correct answer real / deed 
 
A salesperso...