Freshy

Real Estate Exam: Principles of Real Estate 1 The purpose of the TRELA is to... - Answer- protect the public against unscrupulous brokers and salespersons. What is required to obtain a license in Texas? - Answer- be a resident of Texas at least 18 yrs of age at the time of application, be of good moral character, must show competency by passing the exam If the licensee pays a commission to any unlicensed person, places a sign offering a property without the written permission of the...

Real Estate Principles and Practices Exam 1 Broker - Answer- intermediary b/w a buyer and a seller for sale, purchase or rental of a property -licensed to do so -hires agents Dual Agency - Answer- broker represents both buyer and seller in the same deal -both sides need full knowledge Agent - Answer- sales person/representative -can do nothing by himself, not even take the test without a broker sponsor Appraisal - Answer- attempting to assign value -must be licensed in...

Principles of Real Estate 1- Champions School of Real Estate a freeway has made commuting to a distant suburban neighborhood easier, resulting in an increase in new home sales. This increase in sales is an example of the economic characteristic of A.) scarcity B.) Fixity C.) Situs D.) Modification - Answer- D.) Modification The supply of Real Estate is affected by A.) Land cost B.) Building codes C.) Government regulations D.) All of these - Answer- D.) All of these The...

Principles of Real Estate - chapter 8 Reconveyance Deed - Answer- An instrument used to transfer title back from a trustee to the equitable owner of real estate WRA-Around Trust Deed - Answer- A second trust deed for which the monthly payment includes the amount of monthly payment on the existing frist trust deed Equal Credit Opportunity - Answer- Federal law granting women financial independence and preventing lenders from considering such negative credit aspects as the possibili...

Real Estate Principles Unit 8 Review Questions A $450,000 house can be purchased with a $90,000 down payment using the principle of a. borrowed funds. b. leveraging. c. partial financing. d. home equity. - Answer- b. leveraging. The Fed can increase or decrease the amount of money in circulation by all of the following EXCEPT a. establishing the discount rate. b. issuing government securities. c. raising or lowering reserve requirements. d. buying and selling government securitie...

Principles of Real Estate 1 Final Exam If a real estate salesperson closes on a transaction, who pays the salesperson their commission? - Answer- The salesperson's sponsoring broker A means of comparing similar type properties, which have recently sold, to the subject property is known as the? - Answer- Market Comparison Approach The market comparison approach is commonly used for this property type? - Answer- Residential The amount of goods offered for sale within a given mar...

Real Estate Principles Final Exam Anything that is fastened or attached to real property permanently is considered to be: - Answer- Real Property A quitclaim deed releases all present claims, rights and title of the: - Answer- Grantor When a creditor wants to satisfy a judgement which was levied against another person, the creditor would: - Answer- Obtain a writ of execution Before a mechanics lien is effective it must be: - Answer- Verified and recorded Discrimination by ...

Real Estate Principles Chapters 1-15 Exam Prep A real estate salesperson is supervised by the buyer or seller. the seller. any licensed broker. the employing broker only - Answer- the employing broker only The employing broker is held accountable for the salesperson's conduct in performing business activities. When a real estate license expires, licensed activity must cease but the license may be renewed up to two years later. four years later. one year later. thr...

Wise practice test Credit When a person declares bankruptcy that fact will appear on the person?s credit report - Answer- B: for a 10 year period. uestion 2 : A person has three credit cards with very large outstanding balances and is unable to make payments on any of them. Which action should the person take? - Answer- C: Notify the credit card companies in order to negotiate a new payment plan. Question 3 : Which of the following is considered to be open-end credit? - Answer- ...

Wise Practice Exam Answers If you have caused an accident, which type of automobile insurance would cover damage to your own car? - Answer-Collision Matt and Eric are young men. Each has a good credit history. They work at the same company and make approximately the same salary. Matt has borrowed $6,000 to take a foreign vacation. Eric has borrowed $6,000 to buy a car. Who is likely to pay the lowest finance charge? - Answer-Eric will pay less because the car is collateral for the loan. ...

WISE Practice Test Question : To qualify for a Federal Housing Administration (FHA) loan, a person must generally A: have at least a high school diploma. B: have one-quarter of the cost of the home for a down-payment. C: fulfill income guidelines. D: provide two individuals to co-sign the loan. - Answer- C: fulfill income guidelines. A high school student has begun to investigate the field of finance as a career choice. In deciding about the field, the student should foc...

Wise Test Review - 50 questions A credit card is issued to John and Maria Davis. This month, John charges $100 and Maria makes no charges. When the bill is received who is legally responsible for paying the $100 - Answer- Both John and Maria A factor that can cause the price of a stock to DECREASE is the company - Answer- lowering its expectations of future earnings. A good financial goal should - Answer- be achievable in five years. A landlord never received the rent check sen...

WISE TEST In order to get spending under control, a person should first A. seek help on investing from a financial planner. B. consult a credit counseling service. C. create a budget of current income and expenses. D. subscribe to financial newsletters and magazines. - Answer- C Comparison shopping for a car is necessary because A. each dealer sells cars with different colors. B. lenders want to be sure consumers get the best price. C. the price for the car can vary a great deal...

Wise test Review all topics Collateral - Answer- security given for loan, assets to secure the debt Capacity - Answer- your ability to repay the debt. Do you have sufficient $money to repay a loan Capital - Answer- "net worth". wealth in the form of money or property owned by a person Character - Answer- good reputation, Integrity Credit history - Answer- a summary of a person's borrowing and repayment history 50 dollars - Answer- In the event that your credit ca...

HONDROS NURSING 212 FINAL EXAMS WITH CORRECT ANSWERS LATEST 2024-2025

Wise Practice Test budget variance. - Answer- the difference between the budgeted amount and the actual amount that you spend debt ratio - Answer- shows the relationship between debt and net worth. debt ratio - Answer- The lower the ratio the better off financially the person is. debt ratio - Answer- calculated by dividing liabilities by net worth excise tax - Answer- government imposes a tax on specific goods and services such as alcohol, cigarettes, gasoline, and airli...

WISE Test One of Andre's seldom-used credit cards has been stolen without his knowledge. When he gets his monthly statement, he realizes that someone else has been using the card and reports it stolen. The maximum amount of unauthorized purchases he is liable for is: - Answer- $50 Consumers who file for bankruptcy are still responsible for: - Answer- Tax claims and student loans Which of the following provides an increase in assets or wealth? - Answer- Having capital gains The...

Wise Test When a person brings an item to a pawnshop to obtain cash, the transaction is considered - Answer- a collateralized loan. To qualify for a Federal Housing Administration (FHA) loan, a person must generally - Answer- fulfill income guidelines. A person has three credit cards with very large outstanding balances and is unable to make payments on any of them. Which action should the person take? - Answer- Notify the credit card companies in order to negotiate a new payment...

Hondros Nursing 212- Diabetes, Obesity, Metabolic Syndrome Type 1 Diabetes - Answer- autoimmune insulin deficiency disorder caused by the destruction of pancreatic islet beta cells responsible for insulin production Insulin - Answer- Only Medication for Glucose Regulation with Type 1 Diabetes polyuria, polydipsia, polyphagia - Answer- 3 Ps of diabetic symptoms Glucose and Ketones - Answer- Common findings in a urine dip of a DKA patient Lose weight - Answer- Do patients ...

Nur 212 Hondros exam 3 Underweight - Answer- A BMI 18.5 or less is Normal - Answer- A BMI 18.5-24.9 is Overweight - Answer- A BMI 25.0-29.9 is Obesity - Answer- A BMI of 30.0-39.9 is Extreme obesity - Answer- BMI of 40.0 or greater is Cardiovascular problems,diabetes, gastrointestinal and liver problems. - Answer- Health risk caused by obesity ? History and physical ,family history, - Answer- Assessment for diabetes are Modify eating patterns, regular phys...