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GA REAL ESTATE EXAM REVIEW QUESTIONS AND ANSWERS, GRADED A+/ VERIFIED. ____ are a good indication of risk - -Cap rates ____ fraud is the intentional failure to reveal a material fact that impacts a real estate transaction - - Passive ____ is making a statement that is not intentionally wrong, but is not correct because the agent or broker fails to confirm the accuracy prior to making the false statement - -Negligent misrepresentation ____ misrepresentation is the result of intentionally...

GA REAL ESTATE EXAM - NATURE & DESCRIPTION OF REAL ESTATE | QUESTIONS AND ANSWERS. RATED A+ Land is made up of the surface of the earth, the air space above, and A. anything affixed to the land B. all appurtenant buildings C. subsurface rights D. fixatures - -C. subsurface rights Lisa conveyed land to Katy by means of a deed which described the land but made no reference to buildings or improvements. Does this deed convey ownership of the buildings and improvements to Katy? A. Yes, be...

GA REAL ESTATE EXPRESS FINAL EXAM REVIEW QUESTIONS AND ANSWERS, GRADED A+/ Under the _______ of recording, title passes when the conveyance is registered on the title certificate. - -Torrens System Non-judicial foreclosure is required to foreclose on a - -Deed of Trust A broker induces an owner to sell by telling him that Muslims are moving into the neighborhood. This broker is guilty of - -Blockbusting What type of agency cannot be revoked by the principal, nor is terminated if the pri...

GA REAL ESTATE FINAL EXAM REVIEW QUESTIONS AND ANSWERS, 100% ACCURATE, RATED A+/ Anti-Trust - -An area of law concerned with maintaining competition in private markets by prohibiting any restraint on trade. Georgia Real Estate Commission - -Pass rules and regulations that govern real estate licensees Comprehensive Environmental Response, Compensation, and Liability Act (CERCLA) - -A federal law enacted by Congress in 1980 to create a tax on the chemical and petroleum industries and prov...

GA REAL ESTATE FINANCE EXAM REVIEW QUESTIONS AND ANSWERS, RATED A+/ real estate loans are customarily evidenced by 2 instruments: a promissory note and a security instrument. while the security instrument isnt negotiable the note is, because... - -the right to receive payments may be transferred from holder to holder a straight loan is characterized by: - -interest only payments until the end of term when principal is due in a lump sum which organizations insures mortgage loans? - -Fe...

GA REAL ESTATE LICENSE EXAM REVIEW QUESTIONS AND ANSWERS, GRADED A+. VERIFIED. Georgia Real Estate Commission size - -6 members Georgia Real Estate Commission appointed by - -Governor of Georgia Georgia Real Estate Commission confirmed by - -Georgia state senate How long are each of the Georgia Real Estate Commission members' terms? - -5 years How many members of the 6-member Georgia Real Estate commission must be real estate licensees? - -5 Does the sixth member of the Georgia Real Es...

GA REAL ESTATE LICENSE TEST REVIEW QUESTIONS AND ANSWERS, GRADED A+/ VERIFIED. The Commission's authority is based upon: - -Statutory law Agency can best be described as: - -A written representation agreement between Broker and client. Charging advance brokerage fees is: - -A duty of a broker. The Commission rules and regulations may be adopted under what circumstances? - -They must fall under the "umbrella" of the license law. Which is true concerning the Commission's due process? ...

GA REAL ESTATE MIDTERM EXAM REVIEW QUESTIONS AND ANSWERS, 100% ACCURATE, GRADED A+/ A lien against all of the person's real and personal property owned - -General Lien A factor used to achieve uniformity in statewide tax assessments - -Equalization Factor A writ that establishes court custody of property until a pending lawsuit concludes - -Writ of Attachment A type of lien created by law - -Involuntary Lien A written agreement between lien holders to change the priority of a lien - -S...

GA REAL ESTATE PRACTICE QUESTIONS & ANSWERS, GRADED A+/ VERIFIED. What fines may be imposed by the Commission for rules violations? - -A maximum of $1,000 for a single offence or $5,000 for multiple violations Charging advance brokerage fees is - -a duty of a broker. Agency can best be described as - -a written representation agreement between broker and client. Which is true concerning the Commission Chairperson? - -He is appointed by the Commission members annually. The Georgia Real...

GA REAL ESTATE PRE-LICENSE COURSE REVIEW QUESTIONS AND ANSWERS, 100% ACCURATE, VERIFIED. Agency - -every relationship in which a real estate broker acts for or represents another as a client by the latter's written authority in a real property transaction associate broker - -a person who acts on behalf of a real estate broker in performing any act authorized to be performed by a broker broker does the following: - -*negotiates or attempts to negotiate listing, sale, purchase, exchange,...