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Real estate 2024 EXAM QUESTIONS AND COMPLETE SOLUTIONS

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Real estate 2024 EXAM QUESTIONS AND COMPLETE SOLUTIONS The concerns of the federal government in regulating real property right's include - Answer -Discrimination Which of the following is included in the bundle of rights inherent in ownership - Answer -To transfer What are three unique physical characteristics of land? - Answer -Immobile, indestructible, heterogeneous The concept that the state controls all bodies of water is called - Answer -The doctrine of prior appropriation ...

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WI real estate salesperson terms & definitions Exam All Questions Marking Scheme

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WI real estate salesperson terms & definitions Exam All Questions Marking Scheme 0-Bedroom Dwelling - Answer -any residential dwelling in which the living area isn't separated from the sleeping area Abstract of Title - Answer -condensed history of a property's title showing in chronological sequence, matters such as conveyances, liens, & encumbrances that have been recorded against the title in office of the register of deeds or other public recording place Acceleration Clause - Answe...

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WI Real Estate Final Exam Material All Questions Marking Scheme

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WI Real Estate Final Exam Material All Questions Marking Scheme 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 -Dis...

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Wi Real-Estate Exam Questions And Correct Answers

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Wi Real-Estate Exam Questions And Correct Answers Which of the following is NOT typically considered client funds? - Answer -Security deposits collected by a property owner A buyer wants to have the interest earned on their earnest money deposit. Which of the following statements is most correct? - Answer -The firm cannot draft an escrow agreement for the buyer and seller. Which of the following does NOT create a voidable contract? - Answer -A counter-offer signed by an authorized power...

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WI Real Estate Sales Exam Marking Scheme New Update

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WI Real Estate Sales Exam Marking Scheme New Update The listing broker is the seller's - Answer -agent A licensee writes an offer for a buyer on the licensee's listing. The buyer is the licensee's - Answer -customer When a firm is representing only one side of the transaction, the firm is practicing what type of agency? - Answer -Single agency Multiple Representation may only occur if - Answer -there is full written consent and disclosure from all parties A broker shall provide...

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WI Real Estate Sales Exam All Questions Marking Scheme

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WI Real Estate Sales Exam All Questions Marking Scheme The listing broker is the seller's - Answer -agent A licensee writes an offer for a buyer on the licensee's listing. The buyer is the licensee's - Answer -customer When a firm is representing only one side of the transaction, the firm is practicing what type of agency? - Answer -Single agency Multiple Representation may only occur if - Answer -there is full written consent and disclosure from all parties A broker shall prov...

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Wi Real-estate 2024 EXAM QUESTIONS AND COMPLETE SOLUTIONS 100% VERIFIED

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Wi Real-estate 2024 EXAM QUESTIONS AND COMPLETE SOLUTIONS 100% VERIFIED Which of the following is NOT typically considered client funds? - Answer -Security deposits collected by a property owner A buyer wants to have the interest earned on their earnest money deposit. Which of the following statements is most correct? - Answer -The firm cannot draft an escrow agreement for the buyer and seller. Which of the following does NOT create a voidable contract? - Answer -A counter-offer signed ...

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WI Real Estate Vocabulary EXAM QUESTIONS AND COMPLETE SOLUTIONS 100% VERIFIED

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WI Real Estate Vocabulary EXAM QUESTIONS AND COMPLETE SOLUTIONS 100% VERIFIED Transfer Fee - Answer -Round to the nearest hundred and multiply by .003. Bundle of Rights - Answer -Rights & interest of having title such as possession, control, exclusion, sell, and of enjoyment. Real Property - Answer -Goes with the property. Generally immovable. Chattel Real - Answer -Cows mooove. Personal proptery. Fixtures - Answer -Was personal and is now real. MARIA (Method, Adaptabliltiy, Rel...

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WI Real Estate EXAM QUESTIONS AND COMPLETE SOLUTIONS 100% VERIFIED

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WI Real Estate EXAM QUESTIONS AND COMPLETE SOLUTIONS 100% VERIFIED Progression - Answer -The appraisal principle that a dilapidated property will gain value when the surrounding properties are well kept. Competition - Answer -The appraisal principle that states that two similar businesses attract more customers when within close proximity than they would separately During the appraisal process the appraiser will never adjust the price of the subject property - Answer - Highest and Be...

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Bundle For M-SLC FINAL EXAM QUESTIONS AND COMPLETE SOLUTIONS 100% VERIFIED

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1 Exam (elaborations) M-SLC RIP/TOA EXAM QUESTIONS AND COMPLETE SOLUTIONS 100% VERIFIED 2 Exam (elaborations) M-SLC COIN EXAM QUESTIONS AND COMPLETE SOLUTIONS 100% VERIFIED 3 Exam (elaborations) M-SLC Mil Prop+ Exam Questions Marking Scheme 4 Exam (elaborations) M-SLC military property EXAM QUESTIONS AND COMPLETE SOLUTIONS 100% VERIFIED

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