Real estate broker Study guides, Class notes & Summaries

texas sae real estate brokerage test 2023 Questions and Answers complete

Florida Real Estate Exam TEST Questions WITH 100% Correct Answers LATEST UPDATE 2023/2024 Binder deposit shows up as what on closing statement? - ANSWER Credit to buyer Which of the following is true about leverage? - ANSWER Leverage is the use of borrowed funds to purchase assets. Which of the following liens would take priority? - ANSWER A property tax lien In which of the following theories of mortgage lending does the borrower not retain ownership of the property during the loan ...

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 you register for the New York State...

Colibri Real Estate (Real Estate Express) Final Exam Review (UPDATED) Fully Solved Assured A+. 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 p...

Colibri Real Estate (Real Estate Express) Final Exam Review 2023 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 lic...

Florida Real Estate Class Final Exam(question and answers)2023A Business Broker - correct answer Specializes in the sale, purchase or lease of businesses. Is required to have a real estate license and may be licensed as a real estate broker or sales associate Follow-Up is - correct answer Keeping in contact with the new owner after the closing of the sale A builder constructs a house on an owner's lot according to the owner's plans and specifications. This is called - correct answer Cust...

Texas Sae Real Estate Brokerage (2nd Year License Course Ceshop)

REVIEW QUESTIONS AND ANSWERS FOR NY REAL ESTATE EXAM; Updated 2024 WITH CORRECT QUESTIONS AND ANSWERS 1-A broker legitimately may pay all or part of Real estate commission to a a. seller b. salesperson c. buyer d. friend who provides a listing lead - correct answers-B: Salesperson can accept compensation only from their sponsoring broker.

NYS Real Estate Practice Exam 2023-2024 Questions and Answers (Graded A)NYS Real Estate Practice Exam 2023-2024 Questions and Answers (Graded A)NYS Real Estate Practice Exam 2023-2024 Questions and Answers (Graded A)NYS Real Estate Practice Exam 2023-2024 Questions and Answers (Graded A) What agency issues real estate licenses? - ANSWER-The New York State Department of State (NYDOS), Divison of Licensing Services At what age can you become a real estate salesperson? - ANSWER-18 Do you nee...

1-A broker legitimately may pay all or part of Real estate commission to a a. seller b. salesperson c. buyer d. friend who provides a listing lead - Answer- -B: Salesperson can accept compensation only from their sponsoring broker. 2-The minimum age for a New York real estate broker's license is a. 19. b. 18. c. 20. d. 21. - Answer- C. As of July 1,2008 to become a broker you must be 20 years old. 3-Which of the following acts would require a real estate license in New York a. Sa...