Real Estate

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...

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 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...

personal property that, by its attachment to real property, is regarded as real estate is called - Answer- a fixture An object that is affixed to commercial property and used to generate income is called a - Answer- trade fixture real property given in a will is referred to as a - Answer- devise Joe and Kathy want to purchase a home in a neighborhood where they are familiar with the school system, and know the teachers in the public school that their son will attend. Their interest in t...

WI Real Estate Final (Exam) Q&A VERIFIED 100% CORRECT Salespeople can use which of the following forms: ANSWER : a form prepared and approved by the Department Which of the following statements is true of property held in joint tenancy? ANSWER : If a joint tenant dies, the surviving tenant or tenants receive the interest of the deceased joint tenant When presenting an offer to a For Sale by Owner (FSBO), a buyer's licensee will present what form to the seller? ANSWER : Disclosure to...

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...

Real Estate Sale Associate Pre-License Course Exam Prep Verified Questions And Answers

Listing Agreement - Answer- 1. A broker places a "For Sale" sign on a seller's property. This would be permitted only if the broker has A. A listing agreement with the seller B. Permission from the local municipality C. A signed agency relationship D. Written permission from the seller - Answer- 2. When someone dies without a will and without heirs or creditors, his property reverts to the county through the process of A. Devise B. Eminent domain C. Escheat D. Testate descent ...

REAL ESTATE U FINAL EXAM QUESTIONS JOE JACOBS