ASREB PRACTICE EXAM,SESSIONS 1-18
,STUDY GUIDE WITH CORRECT 250+
QUESTIONS AND ANSWERS GOOD SCORE
IS GUARANTEED LATEST 2024 – 2025
GRADE A+
A person is selected to settle a dispute between a buyer and
seller. The decision will be binding on all parties. This person is
called - ANSWERS-Arbitrator
'THE TEST' STUDY GUIDE
When advertising via a webpage - ANSWERS-Broker name must
appear w/o scrolling
,'THE TEST' STUDY GUIDE
A blind ad refers to an ad that
A) provides no price.
B) provides no address.
C) gives no indication that the property is listed with a broker.
D) gives no indication that the property has bene sold or not. -
ANSWERS-C
A borrower is required to put 10% down for the purchase of a
property. The 10% down would be considered
A) equity.
B) boot.
C) tax shelter.
D) leverage. - ANSWERS-A
,A broker, acting as a property manager, would be what type of
agent?
A) special
B) general
C) implied
D) ostensible - ANSWERS-B
A buyer pays 20% down and obtains a real estate mortgage.
The buyer makes no further payments. What clause would the
lender now exercise?
A) alienation
B) habendum
C) novation
D) acceleration - ANSWERS-D
When a new home is still under construction, the County
Assessor may
, A) increase the assessed value ration.
B) increase the full cash value.
C) decrease the tax rate.
D) appeal the limited property value. - ANSWERS-B
ASREB - ANSWERS-
A 3.45-acre lot sells for 50 cents per square foot. What is the
selling price?
A) $37,570
B) $75,141
C) $76,230
D) $78,712 - ANSWERS-B
3.45 acres x 43,560 = 150,282 SF
150,282 SF x $0.50 = $75,141
,STUDY GUIDE WITH CORRECT 250+
QUESTIONS AND ANSWERS GOOD SCORE
IS GUARANTEED LATEST 2024 – 2025
GRADE A+
A person is selected to settle a dispute between a buyer and
seller. The decision will be binding on all parties. This person is
called - ANSWERS-Arbitrator
'THE TEST' STUDY GUIDE
When advertising via a webpage - ANSWERS-Broker name must
appear w/o scrolling
,'THE TEST' STUDY GUIDE
A blind ad refers to an ad that
A) provides no price.
B) provides no address.
C) gives no indication that the property is listed with a broker.
D) gives no indication that the property has bene sold or not. -
ANSWERS-C
A borrower is required to put 10% down for the purchase of a
property. The 10% down would be considered
A) equity.
B) boot.
C) tax shelter.
D) leverage. - ANSWERS-A
,A broker, acting as a property manager, would be what type of
agent?
A) special
B) general
C) implied
D) ostensible - ANSWERS-B
A buyer pays 20% down and obtains a real estate mortgage.
The buyer makes no further payments. What clause would the
lender now exercise?
A) alienation
B) habendum
C) novation
D) acceleration - ANSWERS-D
When a new home is still under construction, the County
Assessor may
, A) increase the assessed value ration.
B) increase the full cash value.
C) decrease the tax rate.
D) appeal the limited property value. - ANSWERS-B
ASREB - ANSWERS-
A 3.45-acre lot sells for 50 cents per square foot. What is the
selling price?
A) $37,570
B) $75,141
C) $76,230
D) $78,712 - ANSWERS-B
3.45 acres x 43,560 = 150,282 SF
150,282 SF x $0.50 = $75,141
