Licenses Study guides, Class notes & Summaries
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Champions - SAE Course Residential Inspection for Real Estate Agents questions with correct answers
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Who licenses real estate inspectors? CORRECT ANSWER TREC 
 
The role of sales agent in disclosing property condition: CORRECT ANSWER agent must refrain from giving an opinion of the condition of the property or the validity of any findings in the report. Sales agents responsibility to explain the inspection process. 
 
TREC standards of practice - what properties are covered CORRECT ANSWER resales or substantially completed houses. Inspection of houses under construction is a growing segment. 
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MHIC Exam | Questions with 100% Correct Answers | Verified | Latest Update 2024
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What does MHIC mean? - Maryland Home Improvement Commission 
What is the primary function of the MHIC? - To protect the health and safety of the general public 
What type of home improvement licenses are there in Maryland? - Contractor and salesperson 
The contractors license enables the licensee to work as: - contractor, subcontractor, and salesperson 
Don smith is applying with the commission to obtain his Home Improvement License. He took the exam 
and failed on his first try. When will Mr.Sm...
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Texas Auctioneer License Part 2 Exam Questions and Correct Answers
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Texas Auctioneer License Part 2 Exam Questions and Correct Answers 
Name some persons that are exempt from needing an auctioneer license. - CORRECT ANSWERS 1. U.S. court ordered sale 
2. A government sponsored or conducted sale. 
3. A charitable organization as long as no compensation 
4. A sale of real property by a trustee under a security instrument. 
5.A sale of real property by an owner with an interest or employee (unless he/she is a licensed auctioneer by trade) and all pr...
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PA Property and Casualty exam 2024 with 100% correct answers
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What is the purpose of licensing? - correct answer Reinforces the purpose of insurance regulation - that the public is treated fairly and equitably by those who sell and distribute insurance. 
 
Licensing prerequisites - correct answer 24 credit hours of study in approved course (must have 3hrs ethics). Once your certificate is obtained you have 1yr to pass your exam followed by 1yr to have your license issued. *Passing does not guarantee you will get your license. 
 
What are the qualifications...
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State of Colorado sales license test(pearls ) Answered 100% Correctly Latest 2024
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State of Colorado sales license test(pearls ) Answered 100% Correctly Latest 2024 
State of Colorado sales license test(pearls ) 
Answered 100% Correctly Latest 2024 
On Sunday(s), dealers are prohibited from selling all of the following except? 
( C) Powersport Vehicles 
The licenses of a new or used dealer, wholesale auction dealer, or whole sales may 
be denied, suspended, revoked or fined for the following: 
(D) All of the above 
Colorado's Lemon Law covers: 
(C) defects that substantially...
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Liquor test Maui Questions And Answers
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How long are certification cards valid? - Answer- 4 years 
 
opening and closing hours of a cabaret premise - Answer- 8am and 4am 
 
how long is a noise complaint valid? - Answer- 30 days 
 
How many members of the liquor commission are there? - Answer- 9 
 
special licenses granted by the Dept Director are valid for... - Answer- 3 days (typically given to nonprofits, political candidates, and political parties) 
 
Appeals of LC decisions must be within __ days of decision - Answer- 30 
 
Distan...
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301- NC Post Licensing Questions With 100% Correct Answers.
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Can an inactive agent be paid a referral commission if they were active at the time they made the 
referral? - Yes. If and only if they were active at time of referral 
Must Dual Agency be in writing? - Before an offer is made, Yes. Dual agency must be in writing 
and signed by both parties 
At a listing appointment, the agent should be gathering all information for listing and what? - 
Advertising 
May a BIC and their Provisional Broker enter into dual agency together? - No. Because the BIC 
ov...
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State of Colorado Motor Vehicle Dealer Board Mastery Examination Correct 100%
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The Motor Vehicle Dealer Board has among its members - ANSWER Board is comprised of three (3) motor vehicle dealers, three (3) used motor vehicle dealers, and three (3) public members 
 
 

 
The Motor Vehicle Dealer Board is authorized and empowered to 
 
a. issue or deny buyer agent licenses 
b. issue or deny manufacturer representative licenses 
c. issue or deny motor vehicle dealer and salesperson licenses 
d. all of the above - ANSWER C. the administration, enforcement, issuance, and denia...
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NYREI STATE EXAM GROUP TUTORING question and answers 2023 passed
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NYREI STATE EXAM GROUP TUTORING question and answers 2023 passed 
According to the New York State Real Property Law, a real estate salesperson's license is issued for a term of how many years? - correct answer Two 
 
What type of residential real property transfer would require a property condition disclosure statement? - correct answer Re-sales 
 
What happens to the licenses of salespersons if their sponsoring broker's license is revoked or suspended? - correct answer They are suspended 
 
A...
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Colorado Car Sales Mastery Exam Questions and Verified Answers Latest Updated 2024 (GRADED)
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Colorado Car Sales Mastery Exam Questions and Verified Answers Latest Updated 2024 (GRADED) The license of a motor vehicle salesperson or power-sports salesperson may be denied, revoked 
or suspended on any of the following grounds except: 
b) advertising a salvaged vehicle while identifying the vehicle as a salvage vehicle 
According to colorado law, which of the following must be licensed as a motor vehicle dealer 
and or powersports dealer? 
d) All of the above 
Colorado Lemon law covers: 
c)...