Mn real estate exam Study guides, Class notes & Summaries

MN Real Estate Exam Questions and Answers 100% Pass 4 forms of agency relationships 1) Seller's Broker 2) Buyer's Broker 3) Dual Agent 4) Facilitator When must the agency disclosure form be provided by the licensee? At first SUBSTANTIVE contact with the buyer and/or seller If a facilitator, when working with a buyer, shows a property listed by the facilitator, then they must act... as a seller's broker and NOT the buyer's broker (the reverse is also true) Dual agency disc...

MN Real Estate Exam Questions with 100% Correct Answers | Latest Version 2024 | Expert Verified | Ace the Test

MN Real Estate Exam Prep Latest Update Rated A+ Bill of Sale What is used to transfer personal property Buffer Zone My be used to separate two incompatible zoning uses Certificate of Occupancy Appurtenances Are attached to and run with the land Real property Is the land, anything affixed to the land and rights and interests in the land and is conveyed by a deed Personal property (1) Includes all items not attached to the land that may or may not be conveyed when the prope...

forms of agency relationships 1) Seller's Broker 2) Buyer's Broker 3) Dual Agent 4) Facilitator When must the agency disclosure form be provided by the licensee? At first SUBSTANTIVE contact with the buyer and/or seller If a facilitator, when working with a buyer, shows a property listed by the facilitator, then they must act... as a seller's broker and NOT the buyer's broker (the reverse is also true) Dual agency disclosure must be included in... Listing, buyer'...

MN real estate Express Final Exam with complete solutions

MN real estate Express Final Exam

Bill of Sale What is used to transfer personal property Buffer Zone My be used to separate two incompatible zoning uses Certificate of Occupancy ... Appurtenances Are attached to and run with the land Real property Is the land, anything affixed to the land and rights and interests in the land and is conveyed by a deed Personal property (1) Includes all items not attached to the land that may or may not be conveyed when the property is sold. Each item of p...

MN REAL ESTATE EXPRESS FINAL EXAM|UPDATED&VERIFIED|100% SOLVED|GUARANTEED SUCCESS

A broker receives an earnest money deposit from the buyer for an offer on a house. What must the broker do with the money? - Answer Deposit the money into the brokerage's existing non-interest-bearing escrow account for all such transactions. A buyer offers a stock certificate worth $12,000 in lieu of cash earnest money to the broker acting as the seller's agent. Can the broker accept the certificate? - Answer Yes, assuming the seller accepts the stock certificate. The stock certificate is ...

Real Estate Exam Review (MN and National) Rated A Attorney's Opinion of Title a written opinion by an attorney who will investigate to make sure that the seller of the property is indeed the owner, and whether there are any "clouds" on the title such as encumbrances, claims, or questionable interests. To render this opinion, the attorney will review a search of public records and examine the abstract of title, which is a written history showing transfers of ownership. exists in ...