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BUNDLE for National Real Estate Exams| With Verified solutions | Guaranteed Success| Latest updated 2024
BUNDLE for National Real Estate Exams| With Verified solutions | Guaranteed Success| Latest updated 2024
[Show more]BUNDLE for National Real Estate Exams| With Verified solutions | Guaranteed Success| Latest updated 2024
[Show more]Unilateral Contract Contract containing ONE promise given in exchange for completing an 
act. NO obligation to act. 
Bilateral Contract Contract containing TWO promises. Example: A listing agreement is a 
bilateral contract 
Client/Principal A person who has entered into an agency relationship w/ a ...
Preview 3 out of 20 pages
Add to cartUnilateral Contract Contract containing ONE promise given in exchange for completing an 
act. NO obligation to act. 
Bilateral Contract Contract containing TWO promises. Example: A listing agreement is a 
bilateral contract 
Client/Principal A person who has entered into an agency relationship w/ a ...
In most cases, broker compensation, as a percentage of home price, falls somewhere between: 
5-7% 
A Christian organization owns a fourplex. It wants to rent to only Christian tenants. Under the 
federal Fair Housing Act, is this legal? Yes. Religious organizations which rent to tenants for 
residen...
Preview 3 out of 27 pages
Add to cartIn most cases, broker compensation, as a percentage of home price, falls somewhere between: 
5-7% 
A Christian organization owns a fourplex. It wants to rent to only Christian tenants. Under the 
federal Fair Housing Act, is this legal? Yes. Religious organizations which rent to tenants for 
residen...
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... 
improvements 
A property owner has a waterfront lot on a stream. He has the right to use the water from the 
stream. What is thi...
Preview 4 out of 38 pages
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... 
improvements 
A property owner has a waterfront lot on a stream. He has the right to use the water from the 
stream. What is thi...
Which of the following is a lien on real estate? 
a. recorded easement 
b. recorded mortgage 
c. encroachment 
d. dead restriction b. recorded mortgage 
Which approach to value would MOST likely be useful to real estate brokers estimating the 
value of a single-family residence for sale in a subdivi...
Preview 4 out of 35 pages
Add to cartWhich of the following is a lien on real estate? 
a. recorded easement 
b. recorded mortgage 
c. encroachment 
d. dead restriction b. recorded mortgage 
Which approach to value would MOST likely be useful to real estate brokers estimating the 
value of a single-family residence for sale in a subdivi...
Practice of Real Estate 
Civil Rights act of 1866 prohibit racial discrimination in all conveying of real and personal 
property 
Practice of Real Estate 
in regards to convicted drug dealers... they are NOT covered under any condition 
under the federal fair housing act of 1968 and the amendment in...
Preview 3 out of 21 pages
Add to cartPractice of Real Estate 
Civil Rights act of 1866 prohibit racial discrimination in all conveying of real and personal 
property 
Practice of Real Estate 
in regards to convicted drug dealers... they are NOT covered under any condition 
under the federal fair housing act of 1968 and the amendment in...
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