Absolute auction Study guides, Class notes & Summaries

ACEABLE AGENT PRINCIPLES OF REAL ESTATE 2 QUESTIONS AND ANSWERS, GRADED A+/ 100 lots or more - -The Interstate Land Sales Full Disclosure Act is applicable to developers involved in the Interstate sale or lease of: 5280 feet - -1 mile A developer - -Develops unimproved land prior to resale or lease A subdivider - -Divides unimproved land into smaller parcels for resale or lease Absolute Auction - -also known as a no-reserve auction, it is an auction in which there is no reserve or rest...

Auctioneer Exam questions and answers 100% guaranteed success. Auction - correct answer. method of sale of real or personal property, goods, or chattels, at a predetermined date and time, by means of verbal exchange, regular mail, telecommunications, the internet, an electronic transmission, or a physical gesture between an auctioneer and members of the audience Auctioneer - correct answer. any person who engages or who by advertising or otherwise holds the person out...

Auction Exam Questions With 100% Correct Answers 2024

Ky Board of Auctioneer Test questions and answers latest top score. Absolute Auction - correct answer. After the auctioneer calls for bids on an article or lot, that article or lot cannot be withdrawn unless no bid is made within a reasonable time Auction with reserve - correct answer. when auctioneer may withdraw the property at any time until he or she announces the completion of the sale. The potential bidders are the offerors Auction with reserve and the sellers r...

Auction - Answer- method of sale of real or personal property, goods, or chattels, at a predetermined date and time, by means of verbal exchange, regular mail, telecommunications, the internet, an electronic transmission, or a physical gesture between an auctioneer and members of the audience Auctioneer - Answer- any person who engages or who by advertising or otherwise holds the person out as being able to engage in the calling for recognition of and the acceptance of offers the purchase of ...

Does an auctioneer need a federal firearms license? - Yes AND No; if estate sale then no, consignment sale then yes If an auctioneer sales a firearm away from their business location, how do they transfer to buyer? - It must be returned to their business location before transferring. Who determines the auctioneers fee in federal bankruptcy court? - The court sets the fee. Who must obtain a firearms license? - Persons in the business of importing, manufacturing, or dealing in firearms, o...

Fixity - ANSWER-land and buildings and other improvements to land require long periods of time to pay for themselves(investment permanence) Situs - ANSWER-location preference from an economic standpoint rather than geographical Economic Characteristics of Land - ANSWER-scarcity, modification, fixity, situs 3 physical characteristics of land - ANSWER-non-homogeneity, immobility, and indestructibility Texas Real Estate License Act - ANSWER-Passed in 1949 and created TREC. It consist of...

ACEABLE AGENT REAL ESTATE PRINCIPALS 2 QUESTIONS AND ANSWERS GRADED A+ VERIFIED. . Foreclosure Auction - -A third-party trustee sells the property at a foreclosure auction. 1974 - -The federal Real Estate Settlement Procedures Act (RESPA) was enacted in _____. Absolute Auction - -Absent of any reserve or restriction on price. Abstract of Title - -An ____ ____ _____ is an abbreviated history of a property, including info on any transfers, grants, wills, conveyances, liens, and encumbrances...

Auctioneer Exam questions and answers latest top score. Auction - correct answer. method of sale of real or personal property, goods, or chattels, at a predetermined date and time, by means of verbal exchange, regular mail, telecommunications, the internet, an electronic transmission, or a physical gesture between an auctioneer and members of the audience Auctioneer - correct answer. any person who engages or who by advertising or otherwise holds the person out as being...

Auctioneer Exam questions and answers 100% verified. Auction - correct answer. method of sale of real or personal property, goods, or chattels, at a predetermined date and time, by means of verbal exchange, regular mail, telecommunications, the internet, an electronic transmission, or a physical gesture between an auctioneer and members of the audience Auctioneer - correct answer. any person who engages or who by advertising or otherwise holds the person out as being ab...