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Wi Real-estate exam questions with vierified answers, Rated A+

WI Real Estate Final Exam Material Questions and Answers Already Passed Salespeople can use which of the following forms: a form prepared and approved by the Department Which of the following statements is true of property held in joint tenancy? 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? Disclosure to Custome...

A way of terminating the rights of the parties under a contract whereby the parties act as if the contract never existed and forfeit their right to sue. - ANSWER Rescission Uninterrupted chain of events which lead to the sale. - ANSWER Procurement The broker will earn their commission only if they procure a buyer specified in the listing contract. - ANSWER One party listing contract Authorized to conduct all of a principal's affairs within the context of one specific contract. - ANSWER...

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 Customers Which of the following is NOT typically consid...

Answer: C The writ of execution is a court order instructing the officer of the court to carry out the decision of the court. It is used in a judgment where the sheriff is told to seize a debtor's property so that it can be sold to pay off a debt. - ANSWER All of the following would be considered an ENCUMBRANCE except: a. unpaid property taxes, b. An easement necessity, c. A writ of execution, d. A judgment Answer: A A construction lien is given as security to those who perform lab...

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 a copy of the disclosure form to a client: - ANSWER no lat...

WI Real Estate Exam Questions and Answers 100% Correct WI Real Estate Exam Questions and Answers 100% Correct WI Real Estate Exam Questions and Answers 100% Correct WI Real Estate Exam Questions and Answers 100% Correct A conveyance by a minor - ANSWER-Must be executed by an authorized guardian Adverse possession occurs if the use of the land is - ANSWER-Actual and open The only way that an agent may sign a conveyance for another is if - ANSWER-The agent has written authorization fro...

WI Real Estate Final Exam Material Questions with Complete Solutions WI Real Estate Final Exam Material Questions with Complete Solutions WI Real Estate Final Exam Material Questions with Complete Solutions 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 joi...

WI Real Estate Practice Exam Questions & Answers (Graded A)WI Real Estate Practice Exam Questions & Answers (Graded A)WI Real Estate Practice Exam Questions & Answers (Graded A)WI Real Estate Practice Exam Questions & Answers (Graded A) Answer: C The writ of execution is a court order instructing the officer of the court to carry out the decision of the court. It is used in a judgment where the sheriff is told to seize a debtor's property so that it can be sold to pay off a debt. - ANSWER...