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Chicago Real Estste school Exam Bundle Questions and Answers Graded A+ $21.49   Add to cart

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Chicago Real Estste school Exam Bundle Questions and Answers Graded A+

Chicago Real Estste school Exam Bundle Questions and Answers Graded A+

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Chicago Real Estate Questions and Answers(GRADED A+)

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Property Management -ANSWER Is a person or company hired to maintain a manage property on behalf of its owner. Financing -ANSWER Is the business of providing the funds that make real estate transactions possible. Types of Property -ANSWER Residential, Commercial, Industrial, agricultural and s...

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Chicago Real Estate School Final Exam Questions and Answers(RATED A+)

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What is reversion? - ANSWERWhen the rights of ownership to a life estate go back to the person who created the life estate. What's the best action/intention to show interest in a contract? - ANSWEREarnest money deposit. What does the 1997 taxpayer relief act do? Exclude? - ANSWERIt exempted c...

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Chicago Real Estate Exam Questions and Answers(RATED A+)

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Acceptance -ANSWER Agreeing to the terms of an offer to enter into a contract, creates binding contract. Acceleration Clause -ANSWER Contract Clause. Gives lender the right to declare the entire loan balance due immediately due to default. Accessibility -ANSWER AKA Ingress/Egress. Easy access ...

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Chicago Real Estate School: Chapter 15: Property Management & Leasing Questions and Answers(GRADED A+)

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Management Plan -ANSWER Outlines the details of the owner's objectives with the property, as well as what the property manager expects to accomplish and how, including financial objejectives. Three factors are 1. Owner's objectives 2. Regional and neighborhood market 3. Specific Property Parts...

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Chicago Real Estate School: Chapter 12: Contract Law Questions and Answers

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Implied Contract -ANSWER The agreement between the parties is demonstrated by their acts and conduct. Bilateral Contract -ANSWER Both parties promise to do something; one promise is given in exchange for another. Unilateral Contract -ANSWER One-sided agreement. If one party does comply, the fi...

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Chicago Real Estate School: Chapter 14: Fair Housing Questions and Answers(GRADED A+)

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Jones v. Mayer - ANSWERThe 1968 decision of the U.S. Supreme Court that upheld the Civil Rights Act of 1866, meaning that racial discrimination is prohibited under all circumstances. Megan's Law - ANSWERlegislation requiring that communities be alerted to the presence of sex offenders Equal C...

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Chicago Real Estate School: Chapter 13: Real Estate Brokerage Operations and Agreements Questions With Correct Answers

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Managing broker -ANSWER A broker who has supervisory responsibilities for licensees in one or, in the case of a multi office company, more than one office and who has been appointed as such by the sponsoring broker. Policy and procedures manual -ANSWER Establishes clear understanding of relations...

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