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A COMPREHENSIVE PACKAGE DEAL FOR AFFILIATE BROKER EXAMS|ALL YOU NEED TO KNOW|100% PASS
A COMPREHENSIVE PACKAGE DEAL FOR AFFILIATE BROKER EXAMS|ALL YOU NEED TO KNOW|100% PASS
- Package deal
- • 41 items •
- TENNESSEE AFFILIATE BROKER EXAM QUESTIONS AND ANSWERS • Exam (elaborations)
- AFFILIATE BROKER NATIONAL EXAM QUESTIONS FULLY SOLVED 2024 • Exam (elaborations)
- Broker/ affiliate relationship questions and answers • Exam (elaborations)
- AFFILIATE BROKER TN STATE PRACTICE EXAM WITH 100% CORRECT ANSWERS • Exam (elaborations)
- TN Real Estate Affiliate Broker exam with 100% correct answers. • Exam (elaborations)
- And more ….
A COMPREHENSIVE PACKAGE DEAL FOR AFFILIATE BROKER EXAMS|ALL YOU NEED TO KNOW|100% PASS
Affiliate Broker MC questions and answers
The type of contract where a seller employs one real estate firm to find a buyer for the seller's property; yet the seller retains the right to find a buyer himself/herself and not pay a commission to the listing firm is a(an)? 
A. Exclusive right to sell agreement 
B. Exclusive agency agreement 
C. Opportunity listing agreement 
D. Opening listing agreement 
B. Exclusive agency agreement 
 
 
 
A listing broker is hired to perform a specific purpose. What is the correct term to describe thus t...
- Package deal
- Exam (elaborations)
- • 30 pages •
The type of contract where a seller employs one real estate firm to find a buyer for the seller's property; yet the seller retains the right to find a buyer himself/herself and not pay a commission to the listing firm is a(an)? 
A. Exclusive right to sell agreement 
B. Exclusive agency agreement 
C. Opportunity listing agreement 
D. Opening listing agreement 
B. Exclusive agency agreement 
 
 
 
A listing broker is hired to perform a specific purpose. What is the correct term to describe thus t...
TN Real Estate Affiliate Broker 60 Hour Course Unit 27 exam with 100% correct answers
Class B Misdemeanor 
What an accused is charged with for practicing real estate without a license. 
 
unders tate law 
 
 
 
treble damages 
Being made to pay back up to three times the penalty. 
 
 
 
There are 21 violations listed in the law that can result in disciplinary action: 
aking any substantial and willful misrepresentation 
Making any promise of a character likely to influence, persuade, or induce any person to enter into any contract or agreement when the licensee could not or did n...
- Package deal
- Exam (elaborations)
- • 6 pages •
Class B Misdemeanor 
What an accused is charged with for practicing real estate without a license. 
 
unders tate law 
 
 
 
treble damages 
Being made to pay back up to three times the penalty. 
 
 
 
There are 21 violations listed in the law that can result in disciplinary action: 
aking any substantial and willful misrepresentation 
Making any promise of a character likely to influence, persuade, or induce any person to enter into any contract or agreement when the licensee could not or did n...
Affiliate Broker: Commissions exam with 100% correct answers
Commissions are established by 
negotiation between the client/customer and broker. usually a % of the sales price. Must be incl in the listing agreement or buyer's representation agreement. Each broker's office will decide the exact amount. Diff rates for diff types of sales. 
 
 
 
A broker has EARNED the commission when 
you have found a ready, willing and able buyer who buys on the terms the seller has set or the seller accepts. 
 
 
 
Commission is collected 
at closing 
 
 
 
A broker ma...
- Package deal
- Exam (elaborations)
- • 2 pages •
Commissions are established by 
negotiation between the client/customer and broker. usually a % of the sales price. Must be incl in the listing agreement or buyer's representation agreement. Each broker's office will decide the exact amount. Diff rates for diff types of sales. 
 
 
 
A broker has EARNED the commission when 
you have found a ready, willing and able buyer who buys on the terms the seller has set or the seller accepts. 
 
 
 
Commission is collected 
at closing 
 
 
 
A broker ma...
TN New Affiliate Broker unit 1 test exam with 100% correct answers
TN New Affiliate Broker unit 1 test exam with 100% correct answers
- Package deal
- Exam (elaborations)
- • 18 pages •
TN New Affiliate Broker unit 1 test exam with 100% correct answers
TN Course for new affiliates, Unit 6 exam with 100% correct answers
To become a designated agent, one must be 
 
A) 
appointed as such by the managing broker. 
B) 
a dual agent. 
C) 
at least 21 years old and licensed. 
D) 
a member of the National Association of REALTORS®. 
A 
 
 
 
An affiliate broker wishes to retire her license. Prior to that action, she must 
 
A) 
turn the license backwards on the office wall. 
B) 
pay the commission a $100 application fee. 
C) 
complete required education. 
D) 
renew her errors and omissions insurance. 
C 
 
 
 
Because ...
- Package deal
- Exam (elaborations)
- • 8 pages •
To become a designated agent, one must be 
 
A) 
appointed as such by the managing broker. 
B) 
a dual agent. 
C) 
at least 21 years old and licensed. 
D) 
a member of the National Association of REALTORS®. 
A 
 
 
 
An affiliate broker wishes to retire her license. Prior to that action, she must 
 
A) 
turn the license backwards on the office wall. 
B) 
pay the commission a $100 application fee. 
C) 
complete required education. 
D) 
renew her errors and omissions insurance. 
C 
 
 
 
Because ...
[CH.4] (National Ownership) Tennessee Affiliate Broker Pre-license Course exam with 100% correct answers
What are littoral rights concerned with? 
Properties adjacent to non-moving bodies of water. 
 
 
 
Which of the following is NOT part of the bundle of rights? 
To steal property. 
 
 
 
Which of the following is a simple definition of real estate? 
Real estate is that it is air, water, land, and everything affixed to the land. 
 
 
 
The level of government that is the primary regulator of the real estate business is 
The State 
 
 
 
What is a "fixture?" 
An item of personal property that ha...
- Package deal
- Exam (elaborations)
- • 11 pages •
What are littoral rights concerned with? 
Properties adjacent to non-moving bodies of water. 
 
 
 
Which of the following is NOT part of the bundle of rights? 
To steal property. 
 
 
 
Which of the following is a simple definition of real estate? 
Real estate is that it is air, water, land, and everything affixed to the land. 
 
 
 
The level of government that is the primary regulator of the real estate business is 
The State 
 
 
 
What is a "fixture?" 
An item of personal property that ha...
TN Affiliate Broker exam with 100% correct answers
A lien is an example of a/an...? 
 
- Encumbrance 
- Entitlement 
- Estoppel 
- Escheatment 
Encumbrance 
 
 
 
If a property has both a tax lien and a mortgage lien against it, which lien has priority (generally speaking)? 
 
- Tax lien 
- Mortgage lien 
- They have equal priority 
- Whichever lien was filed first 
Tax lien 
 
 
 
A lien that is not tied to a specific piece of real estate is called a...? 
 
- General lien 
- Non-specific lien 
- Statutory lien 
- Tax lien 
General lien 
 
 
 
T...
- Package deal
- Exam (elaborations)
- • 58 pages •
A lien is an example of a/an...? 
 
- Encumbrance 
- Entitlement 
- Estoppel 
- Escheatment 
Encumbrance 
 
 
 
If a property has both a tax lien and a mortgage lien against it, which lien has priority (generally speaking)? 
 
- Tax lien 
- Mortgage lien 
- They have equal priority 
- Whichever lien was filed first 
Tax lien 
 
 
 
A lien that is not tied to a specific piece of real estate is called a...? 
 
- General lien 
- Non-specific lien 
- Statutory lien 
- Tax lien 
General lien 
 
 
 
T...
Tennessee Affiliate Broker Prelicense exam with 100% correct answers
The State Regulator of real estate licensees 
The Tennessee Real Estate Commission 
 
 
 
Enacts rules addressing professional conduct, conducts hearings concerning violations of the Act, imposes penalties, and administers a Real Estate Recovery Fund to protect the public 
The Tennessee Real Estate Commission 
 
 
 
The Commission 
Is a judicial body. The attorney general defends the members in court. 
 
 
 
The Commission 
May make whatever rules it needs to enforce the Licensing Act. 
 
 
 
Th...
- Package deal
- Exam (elaborations)
- • 12 pages •
The State Regulator of real estate licensees 
The Tennessee Real Estate Commission 
 
 
 
Enacts rules addressing professional conduct, conducts hearings concerning violations of the Act, imposes penalties, and administers a Real Estate Recovery Fund to protect the public 
The Tennessee Real Estate Commission 
 
 
 
The Commission 
Is a judicial body. The attorney general defends the members in court. 
 
 
 
The Commission 
May make whatever rules it needs to enforce the Licensing Act. 
 
 
 
Th...
Real Estate License - Tennessee exam with 100% correct answers
What action should the seller take when an offer is rejected? 
 
Make a formal counter offer. 
Complete a contract rider. 
Complete an addendum. 
Note the rejection on the offer. 
Note the rejection on the offer. 
 
 
 
Which of the following requires a written contract? 
 
The purchase of a TV for $378.00 
A real estate lease for a term less than one year 
A real estate lease for a term longer than one year 
A potential buyer visiting an open house showing 
A real estate lease for a term longer...
- Package deal
- Exam (elaborations)
- • 62 pages •
What action should the seller take when an offer is rejected? 
 
Make a formal counter offer. 
Complete a contract rider. 
Complete an addendum. 
Note the rejection on the offer. 
Note the rejection on the offer. 
 
 
 
Which of the following requires a written contract? 
 
The purchase of a TV for $378.00 
A real estate lease for a term less than one year 
A real estate lease for a term longer than one year 
A potential buyer visiting an open house showing 
A real estate lease for a term longer...
ETS Major Field Test (Practice Test) Bachelor's Degree in Business practice exam with 100% correct answers
Sabalauski Air Assault School Phase 1 Test 2024 EXAM QUESTIONS AND ANSWERS ALREADY GRADED A+
It’s accurate
WGU C784-STATISTICS MOD 5 |57 QUESTIONS AND ANSWERS
OPOTA INSTRUCTIONAL SKILLS 2024 EXAM QUESTIONS AND ANSWERS.
Omega Psi Phi History via OPP Official Website exam study guide questions and answers(graded A+)