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NATIONAL REAL ESTATE BUNDLED EXAMS 2023 WITH 100% CORRECT ANSWERS
NATIONAL REAL ESTATE EXAM 2023 WITH 100% CORRECT ANSWERS Real Estate Practice exam 2023 with 100% correct answers
[Show more]NATIONAL REAL ESTATE EXAM 2023 WITH 100% CORRECT ANSWERS Real Estate Practice exam 2023 with 100% correct answers
[Show more]1. A real estate sales agent may be employed by: (Page 2) - correct answer b) their broker 
 
2. As a prerequisite to an agent's use of an income and expense data worksheet, the agent asks a prospective broker: (Page 15) - correct answer d) All of the above. 
 
3. A ____ occurs when a broker or the...
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Add to cart1. A real estate sales agent may be employed by: (Page 2) - correct answer b) their broker 
 
2. As a prerequisite to an agent's use of an income and expense data worksheet, the agent asks a prospective broker: (Page 15) - correct answer d) All of the above. 
 
3. A ____ occurs when a broker or the...
1) licensee A has out-of-town relatives come to visit and he shows them several listings. He ends up helping them rent a property with an option to purchase. He should make a disclosure to 
 
(A) the listing broker 
(B) the listing agent 
(C) the seller 
(D) all the above and his relatives - correct...
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Add to cart1) licensee A has out-of-town relatives come to visit and he shows them several listings. He ends up helping them rent a property with an option to purchase. He should make a disclosure to 
 
(A) the listing broker 
(B) the listing agent 
(C) the seller 
(D) all the above and his relatives - correct...
A person designated in a written power-of-attorney, to legally act for another in his stead is typically called a(n): 
A fiduciary. 
B principal. 
C attorney-in-fact. 
D agent. - correct answer -C. Any person may give another the authority to act on his or her behalf. The legal document that does th...
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Add to cartA person designated in a written power-of-attorney, to legally act for another in his stead is typically called a(n): 
A fiduciary. 
B principal. 
C attorney-in-fact. 
D agent. - correct answer -C. Any person may give another the authority to act on his or her behalf. The legal document that does th...
A title was recorded for a parcel of real property vested in the name of Johan Wilson, a property only in the name of Johan Roberts, a married woman. The discrepancy in the grantor's name is: - correct answer -A defect which may cause a cloud on the title. 
 
Which contract would be the most diffic...
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Add to cartA title was recorded for a parcel of real property vested in the name of Johan Wilson, a property only in the name of Johan Roberts, a married woman. The discrepancy in the grantor's name is: - correct answer -A defect which may cause a cloud on the title. 
 
Which contract would be the most diffic...
Which of the following is a lien on real estate? 
 
a. recorded easement 
b. recorded mortgage 
c. encroachment 
d. dead restriction - correct answer -b. recorded mortgage 
 
Which approach to value would MOST likely be useful to real estate brokers estimating the value of a single-family residence ...
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Add to cartWhich of the following is a lien on real estate? 
 
a. recorded easement 
b. recorded mortgage 
c. encroachment 
d. dead restriction - correct answer -b. recorded mortgage 
 
Which approach to value would MOST likely be useful to real estate brokers estimating the value of a single-family residence ...
A property owner has decided to do some landscaping work on his yard. He has planted a tree surrounded by some flowering shrubs. The tree and shrubs are an example of... - correct answer -improvements 
 
A property owner has a waterfront lot on a stream. He has the right to use the water from the st...
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Add to cartA property owner has decided to do some landscaping work on his yard. He has planted a tree surrounded by some flowering shrubs. The tree and shrubs are an example of... - correct answer -improvements 
 
A property owner has a waterfront lot on a stream. He has the right to use the water from the st...
Amenities of residential real estate are: - correct answer -A) The property's physical attributes 
B) Measurable on the market 
C) Not considered by appraisers because they are intangible qualities 
D) Related to its capacity to provide shelter effectively 
B) 
 
To restore an old home to its origi...
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Add to cartAmenities of residential real estate are: - correct answer -A) The property's physical attributes 
B) Measurable on the market 
C) Not considered by appraisers because they are intangible qualities 
D) Related to its capacity to provide shelter effectively 
B) 
 
To restore an old home to its origi...
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