estate

Modern Real Estate ACTUAL QUESTIONS AND CORRECT ANSWERS two ways to have a concurrent conflict - CORRECT ANSWERS1. representation of one client will be directly adverse to another client; and 2. Significant risk that representation of one client will be materially limited by responsibilities to another client Exception to concurrent conflict (4 elements) - CORRECT ANSWERSeven if there is a concurrent conflict, can still represent if: 1. Reasonably believes will be able to provid...

Real Estate Exam ACTUAL QUESTIONS AND CORRECT ANSWERS CH1 - Farming - CORRECT ANSWERSLicensees concentrate on one type or style of property or on one particular neighborhood. Farm Area or Target Market - CORRECT ANSWERSFinding and specializing in a particular neighborhood or type of property. Property Transfer - CORRECT ANSWERSIncludes deeds, mortgages, surveys, appraisals, contracts, title insurance, floodplains, zoning, buildings codes, finance. Comparative Market Analysis (CMA...

Arkansas Real Estate Exam ACTUAL QUESTIONS AND CORRECT ANSWERS Homeowner Dean owns the Northwestern 1/2 of the Northwestern 1/2 of the Northeastern 1/4 of the southwestern 1/4 of the south western 1/4 of section 31. how many acres is that property? A. 5 acres B. 10 acres C. 80 acres D. 2.5 acres - CORRECT ANSWERS2 x 2 x 4 x 4 x 4= 256 640/256= 2.5 D. 2.5 acres Seller Gareth is certain there are no clouds on his property's title. What type of dee

Arkansas Real Estate Exam ACTUAL QUESTIONS AND CORRECT ANSWERS principal broker - CORRECT ANSWERSan individual who performs certain real estate services for another party for compensation. ultimately responsible for the company's activities, notably the activities of other licensees as well as the business's trust accounts. real estate duties not requiring license - CORRECT ANSWERSDelivery of a lease application or lease. Receiving a lease or lease application for delivery...

Real Estate Exam Prep (Champions; Texas) ACTUAL QUESTIONS AND CORRECT ANSWERS appurtenance - CORRECT ANSWERSterm used to describe rights, privileges or improvements that belong to and pass with the land improvements - CORRECT ANSWERSman's additions to the land such as building and landscaping personal property - CORRECT ANSWERSalso called chattel or personalty; a right or interest in smiting of a temporary or movable nature and includes anything not classed as real property....