Rhode Island Real Estate Sales License Exam – 2024 with 100% correct answers

Deed of Trust Loan - correct answer Deed wherein legal title in real property is transferred to a trustee, which holds it as security for a loan Factors influencing real estate supply - correct answer - Labor force availability - Construction and material costs - Government controls - Govt. financial policies Factors influencing real estate demand - correct answer - Population - Demographics - Employment and wage levels Realtor - correct answer Member of the National Association of Realtors Schools are part of what real estate classification - correct answer Special purpose Uses of Real Property - correct answer - Residential - Commercial - Mixed-Use - Industrial - Special Purpose What is not a factor in how quickly the forces of supply and demand work - correct answer Pricing Improveme