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Rockwell Real Estate Tests Bundle Set
Rockwell Real Estate Tests Bundle Set
[Show more]Rockwell Real Estate Tests Bundle Set
[Show more]A buyer purchases a rental home that is fully furnished. The document used to transfer title to the furniture is: 
a. quitclaim deed 
b. bill of sale 
c. special warranty deed 
d. general warranty deed Correct Answer-b. bill of sale 
 
Deeds transfer title to real estate, a bill of sale is generall...
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Add to cartA buyer purchases a rental home that is fully furnished. The document used to transfer title to the furniture is: 
a. quitclaim deed 
b. bill of sale 
c. special warranty deed 
d. general warranty deed Correct Answer-b. bill of sale 
 
Deeds transfer title to real estate, a bill of sale is generall...
To determine an appropriate listing price for a property, a real estate agent will perform a/an ______ , which is related to but less rigorous than a/an ______ . 
 
A. CMA/appraisal 
 
B. Appraisal/CMA 
 
C. CMA/reconciliation 
 
D. Valuation/CMA Correct Answer-A. CMA/appraisal 
 
Explanation: An ag...
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Add to cartTo determine an appropriate listing price for a property, a real estate agent will perform a/an ______ , which is related to but less rigorous than a/an ______ . 
 
A. CMA/appraisal 
 
B. Appraisal/CMA 
 
C. CMA/reconciliation 
 
D. Valuation/CMA Correct Answer-A. CMA/appraisal 
 
Explanation: An ag...
Which of the following loans would be subject to the Truth In Lending Act? Correct Answer-A loan to a first-time home buyer 
 
Art sold his house, which was not encumbered with a mortgage. Closing expenses were $5,264, and he paid a commission of 7% of the selling price. He received a check at closi...
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Add to cartWhich of the following loans would be subject to the Truth In Lending Act? Correct Answer-A loan to a first-time home buyer 
 
Art sold his house, which was not encumbered with a mortgage. Closing expenses were $5,264, and he paid a commission of 7% of the selling price. He received a check at closi...
what is RA dedicated to? Correct Answer-industrial automation + Allen Bradley 
 
what are RA flagship brands Correct Answer-rockwell Software + allen bradley + FactoryTalk 
 
RA success is based on.... Correct Answer-integrity 
 
RA success is based on.... Correct Answer-corporate responsibility 
 
...
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Add to cartwhat is RA dedicated to? Correct Answer-industrial automation + Allen Bradley 
 
what are RA flagship brands Correct Answer-rockwell Software + allen bradley + FactoryTalk 
 
RA success is based on.... Correct Answer-integrity 
 
RA success is based on.... Correct Answer-corporate responsibility 
 
...
At what point in a transaction must you disclose your agency status in writing? Correct Answer--Before a party signs an offer 
 
You must disclose your agency status to each party in a transaction as soon as practicable. However, the initial disclosure may be oral - the law doesn't require written ...
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Add to cartAt what point in a transaction must you disclose your agency status in writing? Correct Answer--Before a party signs an offer 
 
You must disclose your agency status to each party in a transaction as soon as practicable. However, the initial disclosure may be oral - the law doesn't require written ...
At what point in a transaction must you disclose your agency status in writing? 
 
A. at closing 
B. when first meeting any potential party to the transaction 
C. when a party signs an offer 
D. Before a party signs an offer Correct Answer-D. Before a party signs an offer 
 
You must disclose your a...
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Add to cartAt what point in a transaction must you disclose your agency status in writing? 
 
A. at closing 
B. when first meeting any potential party to the transaction 
C. when a party signs an offer 
D. Before a party signs an offer Correct Answer-D. Before a party signs an offer 
 
You must disclose your a...
A counteroffer: 
 
A. acts as a rejection of the initial offer 
B. is used to rescind a previously existing contract 
C. is used only to make an offer contingent on a particular event 
D. is used when a buyer wants to make an offer where the seller has already accepted an offer Correct Answer-A. act...
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Add to cartA counteroffer: 
 
A. acts as a rejection of the initial offer 
B. is used to rescind a previously existing contract 
C. is used only to make an offer contingent on a particular event 
D. is used when a buyer wants to make an offer where the seller has already accepted an offer Correct Answer-A. act...
A _______ agreement is a contract between a seller and a real estate broker, authorizing the broker to find a buyer to purchase the property on the seller's terms. Correct Answer-listing 
 
To be legally entitled to a _______________, a listing broker must meet three requirements. 
The broker must...
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Add to cartA _______ agreement is a contract between a seller and a real estate broker, authorizing the broker to find a buyer to purchase the property on the seller's terms. Correct Answer-listing 
 
To be legally entitled to a _______________, a listing broker must meet three requirements. 
The broker must...
Agency Relationships / Section 1 Correct Answer-... 
 
Agent Correct Answer-An agent is someone who has been authorized by a person to represent that person in dealings with third parties. 
 
Narrator: 
 
When most people think of agents, they think of the agents that represent famous athletes or en...
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Add to cartAgency Relationships / Section 1 Correct Answer-... 
 
Agent Correct Answer-An agent is someone who has been authorized by a person to represent that person in dealings with third parties. 
 
Narrator: 
 
When most people think of agents, they think of the agents that represent famous athletes or en...
The owner of property located along a stream or river may have which type of water right? 
 
A. Alluvion 
B. Riparian 
C. Appropriation 
D. Littoral Correct Answer-Your Answer: B 
 
Riparian rights are water rights that belong to owners of property that borders a stream or river. (Littoral rights re...
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Add to cartThe owner of property located along a stream or river may have which type of water right? 
 
A. Alluvion 
B. Riparian 
C. Appropriation 
D. Littoral Correct Answer-Your Answer: B 
 
Riparian rights are water rights that belong to owners of property that borders a stream or river. (Littoral rights re...
For which of the following acts might a broker be subject to disciplinary action? 
 
a. Failing to include a termination date in an exclusive listing agreement 
 
b. Failing to include a termination date in an open listing agreement 
 
c. Keeping trust funds from different clients in a single trust ...
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Add to cartFor which of the following acts might a broker be subject to disciplinary action? 
 
a. Failing to include a termination date in an exclusive listing agreement 
 
b. Failing to include a termination date in an open listing agreement 
 
c. Keeping trust funds from different clients in a single trust ...
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