Broker topics Study guides, Class notes & Summaries

Utah Real Estate: Organization & Licensing pg. 3-1 Graded A+ 12 Hour New Agent Course The continuing education course required by the Utah Division of Real Estate for a new licensee's initial renewal period. Branch Office Any remote operation of the main real estate office which will be in operation more than 12 months and must be registered with the Real Estate Division. Commissioners A member of a state regulatory Real estate commission, board, or division. Commissioners-at-lar...

Virginia State Exam Practice Questions with Correct Answers Which of the following statements about the Notice of Disclosure Pursuant to Virginia Residential Property Disclosure Act is true? A. As part of the disclosure, the seller is required to provide a list of sex offenders living near the property. b. The buyer is required by law to request a copy of the disclosure. c. The disclosure form is not part of the purchase agreement. d. The disclosure form is part of the purchase agreement...

CSUF MKTG 351 Final Exam Importance of services to the economy - 55% of all US GDP - 10 out of 11 service sectors increased their revenue last year - Largest gains from Internet and Broadcasting: Google Facebook, Pandora, Spotify, SiriusM --- Interpublic Group - One of the largest How services differs from groups - Intangible - Inseparable - Heterogeneous - Perishable Intangible --- Services cannot be touched, seen, tasted, heard, or felt in the same way as goods. Tangible cues are...

California Mortgage Law Practice Exam Questions and Answers 100% Pass If a broker receives payments related to a property management contract or a loan servicing contract whereby the broker is entitled to a part of the money as fees, the broker must deposit the funds in the trust account and must withdraw the fees: Within 25 days Mitigating factors that mortgage lenders offset the risk associated with nontraditional loan products may include each of the following EXCEPT: Rising real estate pri...

California Real Estate Exam All Answers Correct Purpose of CalBRE The California Bureau of Real Estate (CalBRE) protects the public through the enforcement of laws and requirements for salespersons' and brokers' real estate licenses. The California Real Estate Commissioner The California Real Estate Commissioner has the authority to investigate the actions of any person engaged in the business of a licensee in California, and has the power to deny, suspend or revoke the real estate l...

Fl Real Estate Laws Graded A+ The Real Estate License Law 1. Protect consumers from loss because of dishonest and incompetent real estate sales associates 2. Protect the good standing of ethical associates from the adverse publicity caused by unprincipled licensees Florida Real Estate Commission (FREC) consists of seven members appointed by the governor and confirmed by the state Senate. The Commission is composed of four real estate brokers (actively licensed for five of the prece...

IL Real Estate Law Graded A Transfer of Crops ️Transferred on March 1 regardless of when the farm is sold. If crops are not yet harvested, then a date is specified in the contract. Buyer assumes FULL tax payment for the current year. Real Estate License Act of 2000 ️Governs real estate law in IL. Run by IDFPR. Duty of Accounting ️All contract copies must be delivered within 24 hours to every signer. Conversions and commingling escrow accounts is forbidden. Duty of Confidentia...

Champions Powerhouse Training SAE 146 Questions with Verified Answers An area of neighborhoods or sub divisons that is serviced by your firm. - CORRECT ANSWER Geographic Farm A plan by which you develop to gain name recognition - CORRECT ANSWER Marketing Plan Becoming different in your approach through growth and development - CORRECT ANSWER differentiate All the properties in a particular price range, in the area your firm services - CORRECT ANSWER economic farm Words or cont...

Importance of services to the economy - 55% of all US GDP - 10 out of 11 service sectors increased their revenue last year - Largest gains from Internet and Broadcasting: Google Facebook, Pandora, Spotify, SiriusM --- Interpublic Group - One of the largest How services differs from groups - Intangible - Inseparable - Heterogeneous - Perishable Intangible --- Services cannot be touched, seen, tasted, heard, or felt in the same way as goods. Tangible cues are often used to c...

AYPO Real Estate Principles of Real Estate I Exam Study Guide Already Passed TREC has the authority under TRELA to suspend or even revoke a broker's license if: They conduct the unlawful practice of law ESAC stands for: Education Standards Advisory Committee What refers to a location from an economic rather than a geographic standpoint? Situs. Which amendment guarantees that a citizen will not be deprived of property without due process of law? 5th Amendment. The CFPB is the: Consumer Finan...