Broker 2 Study guides, Class notes & Summaries
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PSI National Exam for Real Estate Test Bank with complete solutions | Latest 2023/2024
- Exam (elaborations) • 38 pages • 2023
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PSI National Exam for Real Estate Test Bank with complete solutions | Latest 2023/2024 
A written agreement in which a purchaser agrees to buy and a seller agrees to sell is 
called ️ a contract 
Antitrust laws prohibit competing brokers from all of the following ️ 1. boycotting 
other brokers in the marketplace. 
2. dividing the market to restrict competition. 
3. agreeing to set sales commissions and management rates. 
When a sewer line is installed down a rural road, the cost will probabl...
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Gold Coast Real Estate Exam with Verified Answers
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Tract building - Answer- When a dev. Acquired land, records a plat map and uses a model center from which sales may be made 
 
Local level - Answer- Planning, zoning, property taxation, building and health codes and regulations, and building moratoriums that affect development play a significant role in the cost and desirability of real estate 
 
Broker associate - Answer- A licensed broker working for another broker 
 
False - Answer- A florida real estate license applicant must be a resident a...
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RECA Fundamentals Exam Questions and Answers Already Passed
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RECA Fundamentals Exam Questions and Answers Already Passed 
Which of the following is NOT a RECA educational resource for industry professionals? Spatial Information System (Spin 2) 
Which entity has the authority to amend the Real Estate Act Provincial Legislature 
Which of the following measures the change in a cost of a fixed basket of goods and services purchased by families over a period of time Consumer Price Index (CPI) 
Which of the following will occur to the supply of a good when ther...
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California Real Estate Principles - Questions and Answers fully solved 2023
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California Real Estate Principles - Questions and Answers fully solved 2023 
(1) 1. The Real Estate Law is found in the 
 
a. Licensing Code 
b. Business and Professions Code 
c. Health and Safety Code 
d. Corporations Code - correct answer Business and Professions Code 
 
(1) 2. The Real Estate Commissioner reports to the 
 
a. California Bureau of Real Estate 
b. governor 
c. Real Estate Advisory Commission 
d. legislature - correct answer governor 
 
(1) 3. Salesperson Sam owns 25% of the o...
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PSI REAL ESTATE SALESPERSON PRACTICE EXAM CORRECT 100%
- Exam (elaborations) • 16 pages • 2023
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A couple listed their home with a broker. After 2 months, the seller found a buyer, and the sale closed. The seller was not obligated to pay a commission to the broker. This listing was MOST likely 
 
1. an exclusive agency listing. 
2. an exclusive right to sell listing. 
3. a net listing. 
4. an advance fee listing. - ANSWER an exclusive agency listing 
 
What critical aspect of the property inspection process MUST licensees convey to prospective buyers? 
1. Difficulty of finding competent ins...
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Customs Broker 21-25 Questions With Complete Solutions
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Protest correct answer: is a method to contest CBP decisions that you don't like 
 
What can you protest correct answer: 1. Clerical Errors, mistakes of fact, inadvertence adverse to the importer- after liquidation 
2. Administrative decisions 
 
Administrative Decisions example correct answer: - Appraisement 
- Classification or duty rate 
-Charges and fees 
-Exclusion of Merchandise 
- Any Liquidation or reliquidation 
- Refusal to pay D8 
-Refusal to reliquidate an entry made before 2004 ...
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New York real estate exam 2024
- Exam (elaborations) • 9 pages • 2024
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New York real estate exam 2024 
The name of the statue that protects the public from unscrupulous salespersons and brokers is - 
Answer ️️ -Article 12 of the real property law 
A real esate brokers license term is - Answer ️️ -2 years 
To become a real estate salesperson in new york one must - Answer ️️ -Find a sponsoring 
broker 
The end of a license term for a real estate person is - Answer ️️ -2 years from issue date 
If a brokers license is revoked the salespersons license - ...
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Real Estate U Final Exam Questions And Answers 2023/2024
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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...
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Maryland Property & Casualty Insurance Practice | 80 Questions with 100% Correct Answers | Verified | Latest Update 2024
- Exam (elaborations) • 8 pages • 2023
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A broker requests a hearing with the Commissioner. Within how many days of the request must the 
hearing be held? - 30 
Collision coverage extends to rented passenger vehicles that have been rented for - No more than 30 
days. 
Every vehicle insurance policy issued and delivered in Maryland must provide coverage for medical, 
hospital and disability benefits, unless - Waived by the first named insured. 
When an insurer desires to cancel or non-renew a property insurance policy, they must give ad...
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Alberta Real Estate Fundamentals questions and 100 % correct answers 2024
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Alberta Real Estate Fundamentals questions and 100 % correct answers 2024 
Real Estate 
The land and fixed improvements to the land 
Classes of License 
1. Associate 
2. Associate Broker 
3. Broker 
4 Areas of Practice 
1. Residential 
2. Commercial 
3. Rural 
4. Property Management 
Mobile homes fall under the same category as recreational properties 
False 
Industrial Properties
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