Rockwell Study guides, Revision notes & Summaries

Rockwell Sample Exam 2 Questions and Answers 100% AccurateRockwell Sample Exam 2 Questions and Answers 100% AccurateRockwell Sample Exam 2 Questions and Answers 100% AccurateRockwell Sample Exam 2 Questions and Answers 100% AccurateThe owner of property located along a stream or river may have which type of water right? A. Alluvion B. Riparian C. Appropriation D. Littoral - ANSWER-B. Riparian Five people buy an investment property. They take title so that they each have equal ownership ...

Rockwell Exam Real Estate Classes WA Final Exam 1 Actual Questions and Answers 2024 Graded A+

Rockwell Exam Real Estate Classes WA Final Exam 1 Questions and Answers Already Passed A $4,500 earnest money check bounces because of insufficient funds. The first thing the broker should do is: A. notify escrow to charge this amount, plus the bounced check fee, to the buyer B. notify the borrower C. notify the principals D. write a personal check for $4,500 to cover the shortage C. notify the principals Both principals (the buyer and the seller) are parties to the escrow instr...

Practice Midterm –Rockwell Questions and Answers 100% Pass A broker showed one of his own listings to a buyer he was representing. The buyer decided to make an offer on the property, which was accepted. At no point did the broker disclose his dual agency status. The broker may be: a. forced to give up any payment received from the buyer and/or seller b. sued by the seller c. subject to disciplinary action by the Real Estate Commissioner d. All of the above d. All of the abo...

Rockwell Real Estate Exam WA 2 Questions and Answers Already Passed A bathroom contains a toilet, a sink, and a stand-up shower. This would be considered a: A. one-quarter bath B. half bath C. three-quarter bath D. full bath C. three-quarter bath A bathroom with sink, toilet, and stand-up shower is a three-quarter bath A conventional loan can be: A. an ARM B. a 15-year loan C. a 30-year loan D. All of the above D. all of the above A conventional loan is one that is not i...

Rockwell Practice Exam 1 Questions and Answers 100% AccurateRockwell Practice Exam 1 Questions and Answers 100% AccurateRockwell Practice Exam 1 Questions and Answers 100% AccurateRockwell Practice Exam 1 Questions and Answers 100% Accurate A home inspection revealed that black bold is present in a home? About should the buyer's agent tell the buyer? A. That black mold is toxic and that the buyer should not buy the house B. That mold is commonplace, and can be cleaned up with bleach C. To re...

At what point in a transaction must you disclose your agency status in writing? A. at closing B. when first meeting any potential party to the transaction C. when a party signs an offer D. Before a party signs an offer - ANSWER ☑☑D. Before a party signs an offer You must disclose your agency status to each party in a transaction as soon as practicable. However, the initial disclosure may be oral - the law doesn't require written confirmation of the agency disclosure until each par...

Rockwell Ch.10 Quiz – Latest Update Graded A+ A buyer obtains a conventional loan for $180,000. The sales price of the property is $200,000. This could be considered a/an: a. 80% loan b. 90% loan c. 95% loan d. non-conforming loan b. 90% loan Explanation: The loan-to-value ratio of the loan is 90% ($180,000 / $200,000 = 0.9). A buyer obtains an 90% institutional loan for $180,000 toward the purchase of a $200,000 house. The buyer does not have the necessary $20,000 fo...

Rockwell Exam Real Estate Classes WA Final Exam 1 2024 with complete solution

Rockwell Real Estate Exam WA 2 THEIRS with Complete Solutions Rockwell Real Estate Exam WA 2 THEIRS with Complete Solutions Rockwell Real Estate Exam WA 2 THEIRS with Complete Solutions Rockwell Real Estate Exam WA 2 THEIRS with Complete Solutions A counteroffer: A. acts as a rejection of the initial offer B. is used to rescind a previously existing contract C. is used only to make an offer contingent on a particular event D. is used when a buyer wants to make an offer where th...