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Connecticut Real Estate Practice & Law Chapter 1 Real Estate Brokerage and Agency Quiz Correct Answers When a broker represents the seller of real estate, an agency disclosure must be given to - ANSWER-any potential unrepresented putchaser, a the beginning of the first personal meeting with the purchaser A realty company has entered into agency agreements with both the seller and the buyer. The buyer is interested in making an offer on the seller's property. Can this occur? - ANSWER-Y...

Connecticut Real Estate Practice & Law – KGO Exam Questions with 100% Correct Answers A broker entered into a listing agreement with the seller. Through the MLS, a broker from a different office had been working with the buyer, who is interested in making an offer on the seller's property. Typically, in this kind of transaction, the broker working with the buyer would enter into a written representation contract with a. the seller as a subagent b. the buyer as an agent c. the buye...

Connecticut Real Estate Exam Study Questions with Complete Answers Allowed Activities for Unlicensed Assistant - ANSWER-- the phone and forward calls to the licensee** - record/deposit earnest money and other trust funds** - Assemble documents for closing** - Transmit listings and changes to MLS - Follow up on loan commitments after the contract has been negotiated - Secure public documents from the town hall (Sewer water taxes...) Prohibited Activities for Unlicensed Assistant - ...

Connecticut R.E. Exam Questions with Verified Answers Under Connecticut licensing law, brokers and agents have to disclose a present or contemplated interest in a property listed with them - ANSWER-They are contemplating purchasing the property for their own Real estate brokers are required to retain certain real estate brokerage records for - ANSWER-Seven years The time required for prescriptive easements is - ANSWER-15 years An easement by prescription may be extinguished if the ow...

Connecticut PSI Practice Questions Part 1 Exam Questions with Verified Answers In an involuntary partition action, the following statements are true EXCEPT: (a) There is a physical division of the co-owned real estate (b) Committees are appointed by the courts (c) Courts can never provide equitable relief (d) Partitions cannot always be fair and equitable - ANSWER-In an involuntary partition action, the following statements are true EXCEPT: (c) Courts can never provide equitable relief...

Connecticut part 2 Exam Questions with Correct Answers All funds received by a broker on behalf of his/her principal must be deposited in an escrow or trust account within - ANSWER-3 banking days of receiving all signatures Subdivision plans in CT must be drawn up by a - ANSWER-licensed surveyor To renew a license in even-number years, a salesperson or broker must - ANSWER-have completed 12 hours of continuing education in the last 2 years Who may receive compensation from the Real...

Connecticut Chapter 1 Exam Questions and Answers A reality company has entered into agency agreements with both the seller and the buyer. The buyer is interested in making an offer on the seller's property. Can this occur? - ANSWER-Yes, if both the buyer and the seller give their consent to dual agency. A realty company has entered into agency agreements with both the seller and the buyer. The seller and the buyer agreed to dual agency but not designed agency. A salesperson with the s...

Commercial Kings School Exam Questions with Verified Answers If you have an L/D of 11:1, what does that tell us? - ANSWER-Airplane will go forward 11 feet for each foot it descends Slipstream effect? - ANSWER-Prop is moving and creating a slipstream around your airplane Slipstream from prop makes airplane want to yaw left, how is this counteracted? - ANSWER-Right rudder Which way does prop sping? - ANSWER-Clockwise Static stability? - ANSWER-How an aircraft responds to disturbance...

Ch 2 - CT Real Estate Practice & Law Q&A Betty is interested in seeing a house listed with Hartfield Realty but does not wish to enter into a buyer agency agreement with Hartfield Realty. A salesperson from Hartfield Realty can show Betty an in-house listing if a. the salesperson obtains the seller's permission. b. Betty verbally agrees to buyer agency. c. the salesperson provides Betty with an Agency Disclosure Notice, stating that Hartfield Realty represents the seller. d. the sale...

Ch1 - CT Real Estate Practice & Law Exam Questions and Answers A broker entered into a listing agreement with the seller. Through the multiple listing service, a broker from a different office had been working with the buyer, who is interested in making an offer on the seller's property. Typically, in this kind of transaction, the broker working with the buyer would enter into a written representation contract with a. the seller as a subagent. b. the buyer as an agent. c. the buyer...

Chapter four exam 1 type of insurance policies Xcel questions and answers Which statement is true regarding a variable whole life policy? - ANSWER-A minimum guaranteed Death benefit is provided A husband and wife own a life insurance policy with their son named as a beneficiary. The wife dies first followed by the husband five years later. Their son received the policy face amount after his father died. What type of policy was owned? - ANSWER-Survivorship life A life insurance policy ...

CFI Quiz 2 Correct Answers What documents do you need to have in your possession to act PIC as a CFI per §61.3? - ANSWER-CFI Certificate, Pilot Certificate, Medical, and Government Issued Photo ID Assume a flight instructor renewal applicant has August 31, 20xx, showing on the applicant's current flight instructor certificate. The applicant completes a FIRC on June 1, 20xx, and presents their current flight instructor certificate, FIRC graduation certificate, and completed FAA Form 8...

California Legal Aspects of Real Estate Final Exam Questions with Verified Answers If, after a reasonable period of having given a landlord notice, the landlord fails to make needed repairs to make the premises habitable, the tenant can spend up to: a. any amount as long as a judge approves b. $50 c. one month's rent to make necessary repairs d. one year's rent to fix everything wrong with the unit - ANSWER-c. one month's rent to make necessary repairs Multiple listing ser...

California Legal Aspects of Real Estate Chapter 6 Exam Questions and Answers A licensee may have their license suspended for the unauthorized practice of law...? - ANSWER-True Which of the following fiduciary duties demands that an agent work to the best of their abilities to achieve the goals of the principal...? - ANSWER-Diligence Any profit that the agent obtains without the principal's authorization is known as a...? - ANSWER-Secret profit If a seller's agent is related t...

CA Legal Aspects of Real Estate Exam Questions with Complete Answers affidavit - ANSWER-. A written statement or declaration made un-der oath before a licensed individual, such as a notary public. affirm - ANSWER-. To conform, to aver, to ratify, to verify. affirmative easement - ANSWER-One that requires the owner of the servient estate to do something to benefit the dominant estate. agency relationship - ANSWER-. A legal and/or special relationship of trust by which one person (ag...

CA Legal Aspects of Real Estate CH 6 Exam Q&A What term describes the exchange of promises offered by one party to another to do or not do something? - ANSWER-consideration What type of contingency gives the buyer time to apply for and obtain financing? - ANSWER-A Buyer Financing Contingency What type of contract is one in which all the terms and conditions of the agreement have been clearly stated in agreed to buy all parties, whether verbally or in writing? - ANSWER-express contract ...

Breast SONOSIM Exam Q&A During lactation _______ - ANSWER-- mammary glands produce milk - prolactin is produced in anterior pituitary gland what correctly characterizes sonography characteristics of breast tissue - ANSWER-- ducts are tubular structures with an anechoic lumen - breast connective tissue has a hyperechoic appearance the echogenicity of breast parenchyma is largely determined by the amount of fatty tissue interspersed throughout mammary layer (t/f) - ANSWER-true what...

King School Block 1 Exam Questions with Complete Solutions When a aircraft is cleared for the "Option," it permits the pilot to perform which of the following procedures? A. full stop B. touch and go C. low approach D. all of the above E. none of the above - ANSWER-All of the above Takeoff clearance needs not be withheld until prescribed separation exists if there is a reasonable assurance it will exist when the aircraft starts takeoff roll - is a definition of what type of se...

Bladder Scanning SONOSIM Latest Update Which of the below measurements are used to calculate bladder volume? - ANSWER-Measurements 1, 2, and 3 To improve image acquisition __________. - ANSWER-begin the scan at a deep depth, then decrease the depth so the object of interest occupies the majority of the screen In order to successfully perform an ultrasound-guided needle-based procedure __________. - ANSWER-the transducer can be held in a short- or long-axis orientation relative to the ...

Biology 121-Chapter 4 Exam Review Questions and Answers A red blood cell is placed in a solution and it begins to shrink. Which of the following best describes the solution? - ANSWER-hypertonic You place some Elodea, an aquarium plant, in a hypotonic solution. What happens? - ANSWER-Water predominantly moves into the Elodea cells, turgor pressure rises, but the cells do not burst. You observe a vesicle moving toward the plasma membrane from inside a cell. Once it reaches and fuses wit...