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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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Florida Real Estate Exam Questions With Solutions Latest Updated 2023-2024 Rated 100%
- Exam (elaborations) • 161 pages • 2023 Popular
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Florida Real Estate Exam Questions With Solutions Latest Updated Rated 100%. In which form of co-ownership is a person's ownership inheritable? a. Joint tenancy 
b. Tenancy by the entirety 
c. Tenancy in common 
d. Tenancy in severalty 
c. Tenancy in common allows for a persons share to be inheritable, it does not automatically pass 
forth to the rest of the owners like in joint tenancy (this is called the right of survivorship). 
Florida Real Estate Exam Questions With 
Complete Solutions Late...
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WRA EXAM QUESTIONS WITH CERTIFIED SOLUTIONS
- Exam (elaborations) • 42 pages • 2024
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WRA EXAM QUESTIONS WITH CERTIFIED SOLUTIONS 
The WB-11 Residential Offer to Purchase describes which of the following as the way an earnest money payment should be handled as a result of a sale involving cooperating firms? The selling licensee should have all earnest money checks paid directly to the listing firm... Explanation: The Earnest Money section of the offer states: "Unless otherwise agreed, earnest money shall be paid to and held in the trust account of the listing broker." 
An appra...
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NJ Tax Assessors Exam - Terms and Concepts Question and answers 100% correct 2023/2024
- Exam (elaborations) • 18 pages • 2024
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NJ Tax Assessors Exam - Terms and Concepts Question and answers 100% correct 2023/2024 What are the three basic requirements of the assessor? - correct answer Discovery, listing, and valuation 
 
To find effective tax rate multiply the tax rate by ____? - correct answer Assessment level 
 
The six basic rights associated with property are ______? - correct answer Sell, lease/rent, use, give away, enter or leave, refusal to do any of the above 
 
What are the three major classifications of proper...
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Colorado Real Estate – Contracts Exam Questions and Answers 100% Pass
- Exam (elaborations) • 48 pages • 2024
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Colorado Real Estate – Contracts Exam 
Questions and Answers 100% Pass 
vicarious liability - Correct Answer ️️ -a principal's liability for an agent's acts performed 
within the scope of the agency; specifically excluded by Colorado statute from a 
principal's liability unless the act or omission was approved, directed or ratified. (The 
employing broker is responsible to licensees actions) 
Sam is an associate broker who wishes to purchase investment property. What must 
Sam do when t...
And that's how you make extra money
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Barney Fletcher Real Estate Exam 2024 (235 Questions and Answers) With Complete Solutions.
- Exam (elaborations) • 27 pages • 2024
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Barney Fletcher Real Estate Exam 2024 (235 Questions and Answers) With Complete Solutions. 
Surface rights consist of only the right to control, occupy, and use the surface area of a 
parcel of real estate. T/F? - False 
Mineral rights are: 
A. Always considered to be personal property 
B. Always pass with the land 
C. Cannot be sold separately from the land 
D. Pass with the land, unless otherwise specified in the deed - D 
Which of the following is NOT an improvement of land? 
A. Building 
B. ...
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PA Exam 3 with 100% Correct Answers 2023
- Exam (elaborations) • 10 pages • 2023
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PA Exam 3 with 100% Correct Answers 
2023 
Which of the following are NOT grounds in Pennsylvania for revoking a broker's 
license? 
A Being convicted of a felony 
B Agreeing with the seller to accept a commission that is more than the standard rate 
C Depositing an earnest money check into the broker's personal account 
D Advertising as a member of the Pennsylvania Association of Real Estate 
Professionals when the broker is not really a member - Correct Answer-B It is perfectly 
legal to agr...
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Certified Pennsylvania Evaluator Exam (CPE) Questions And Answers 2023
- Exam (elaborations) • 19 pages • 2023
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Certified Pennsylvania Evaluator Exam 
(CPE) Questions And Answers 2023 
Assessor - Correct Answer-Any person responsible for the valuation of real property for 
ad valorum taxation purposes 
Duties and Responsibilities of an Assessor - Correct Answer-Discovering, Listing, 
Valuing 
Clean & Green - Act 319 - Correct Answer-Has two values, Value in Use and Value in 
Exchange 
An Assessor is accountable to whom? - Correct Answer-Himself, taxpayers and all 
taxing authorities 
In order for an asses...
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NYREI School Exam Questions and Answers Latest Version Graded A+
- Exam (elaborations) • 13 pages • 2023
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NYREI School Exam Questions and Answers Latest Version Graded A+ What is the minimum licensing requirement to sell commercial real estate in New York? a real estate salesperson's license 
What is the preferred method of creating an agency relationship? expressed agency 
An amenity purchaser occupies or uses the purchased property 
Condominium units are considered _____ property and are conveyed by _____. real / deed 
A salesperson who is an independent contractor is not subject to withholding r...
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VA LRR – Preneed Exam Questions and Answers 100% Pass
- Exam (elaborations) • 4 pages • 2024
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VA LRR – Preneed Exam Questions and Answers 
10% of funds may be retained by the contract provider when the contract is funded by a 
_____account. - Answer ️️ -trust 
Contract providers, i.e. funeral homes, must keep a listing of all preneed contracts in 
______________ OR _______________ order. - Answer ️️ -chronological; alphabetical 
The funeral home's listing of preneed contracts shall include these 6 things: - Answer ️️ -1. 
name of the contract buyer 
2. name of the contract...
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