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Real Estate Bundled Exams Questions and Answers 100% Verified and Updated 2024 | Graded A

Real Estate Bundled Exams Questions and Answers 100% Verified and Updated 2024 | Graded A

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Principles of Real Estate 1 Final Exam Questions and Answers

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Principles of Real Estate 1 Final Exam Questions and Answers 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 pro...

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NATIONAL REAL ESTATE EXAM PRACTICE TEST 100% SOLVED 2024

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NATIONAL REAL ESTATE EXAM PRACTICE TEST 100% SOLVED 2024 In most cases, broker compensation, as a percentage of home price, falls somewhere between: - Answer- 5-7% A Christian organization owns a fourplex. It wants to rent to only Christian tenants. Under the federal Fair Housing Act, is this l...

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REAL ESTATE 2024 QUESTIONS AND ANSWERS

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REAL ESTATE 2024 QUESTIONS AND ANSWERS Real Estate Broker - Answer- a person who is licensed as a broker that peforms brokerage activities and collects compensation. Real Estate Salesperson - Answer- a person who peforms real estate activities while associated with a licensed real estate broker....

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NYS Real Estate Practice Exam Questions and Answers

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NYS Real Estate Practice Exam Questions and Answers What agency issues real estate licenses? - Answer- The New York State Department of State (NYDOS), Divison of Licensing Services At what age can you become a real estate salesperson? - Answer- 18 Do you need experience in the field to become a...

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MA Real Estate Exam Study Guide 2024 Questions and Answers

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MA Real Estate Exam Study Guide 2024 Questions and Answers Appraisal - Answer- An estimation of a property's value, usually prepared by a professional who is licensed in this field. Brokerage - Answer- The business of bringing people together in a real estate transaction. Commerical - Answer-...

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REAL ESTATE TERMINOLOGY EXAM QUESTIONS AND ANSWERS

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REAL ESTATE TERMINOLOGY EXAM QUESTIONS AND ANSWERS A summary of digest of the conveyance, transfer and any othe facts elide on as evidence of title, together with any other elements of record which may impair the title - Answer- ABSTRACT OF TITLE A clause in a trust deed or mortgage giving the ...

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Illinois Real Estate Practice Exam Questions and Answers

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Illinois Real Estate Practice Exam Questions and Answers Objectives of Federal Reserve System - Answer- To counteract inflationary and deflationary trends, to create a favorable economic climate, to maintain sound credit conditions but NOT to control the secondary mortgage market Remainder Inte...

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SOUTH CAROLINA REAL ESTATE EXAM PRACTICE QUESTIONS AND ANSWERS

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SOUTH CAROLINA REAL ESTATE EXAM PRACTICE QUESTIONS AND ANSWERS The amount per $1,000 used to calculate taxes on property is the - Answer- milliage rate The common name of the hazardous-waste cleanup fund established by the Comprehensive Environmental Response, Compensation and Liability Act (CE...

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Real Estate Principles Final Exam 2024 Questions and Answers

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Real Estate Principles Final Exam 2024 Questions and Answers 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 ...

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REAL ESTATE ( AZ SPECIFIC ) EXAM QUESTIONS AND ANSWERS

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REAL ESTATE ( AZ SPECIFIC ) EXAM QUESTIONS AND ANSWERS Arizona property taxes are based on: - Answer- Assessed value The tax rate applied to owner occupied residential property is: - Answer- 10 % What lien has priority first: - Answer- Property taxes Property taxes become a lien the first day o...

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Texas Real Estate State Exam Questions and Answers 100% Verified

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Texas Real Estate State Exam Questions and Answers 100% Verified Real Property - Answer- land, Improvements attached to the land, and the rights to use them Personal Property - Answer- right or interest in things of a temporary or movable nature chattel personalty. Ownership transferred by a BI...

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NYS Real Estate Practice Exam Questions and Answers

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NYS Real Estate Practice Exam Questions and Answers What agency issues real estate licenses? - Answer- The New York State Department of State (NYDOS), Divison of Licensing Services At what age can you become a real estate salesperson? - Answer- 18 Do you need experience in the field to become a...

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New York State Real Estate Salesperson Licensing Exam Questions and Answers

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New York State Real Estate Salesperson Licensing Exam Questions and Answers In NYS, how old must one be to enter into contracts? - Answer- 18 What other capability should they possess? - Answer- Mental and emotional capability What happens if one of the parties to the contract is a minor? - Answ...

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National Real Estate Exam Practice Questions and Answers

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National Real Estate Exam Practice Questions and Answers 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... - Answer- improvements A property owner has a waterfront lot on a st...

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Real Estate U Final Exam Study Guide 2024 Questions and Answers

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Real Estate U Final Exam Study Guide 2024 Questions and Answers Article 12-A of the NYS Real Property Law - Answer- The section of the New York Real Property Law pertaining to real estate salespersons and brokers. - Primary purpose is to "Protect the Public" - Requires a salesperson to be at...

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Principles of Real Estate 1- Champions School of Real Estate Exam Questions and Answers

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Principles of Real Estate 1- Champions School of Real Estate Exam Questions and Answers 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.) Fi...

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Georgia Real Estate Exam Study Guide 2024 Questions and Answers

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Georgia Real Estate Exam Study Guide 2024 Questions and Answers Accession - Answer- The acquisition of title by the owner of real property to those things attached to the property by others, such as tenants, trespassers, or by nature. Acre - Answer- A measure of land area equal to 43560 square f...

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Real Estate Principles Final Exam Questions and Answers

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Real Estate Principles Final Exam Questions and Answers 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 jud...

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Principles of Real Estate 1 Final Exam Questions and Answers

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Principles of Real Estate 1 Final Exam Questions and Answers If a real estate salesperson closes on a transaction, who pays the salesperson their commission? - Answer- The salesperson's sponsoring broker If a real estate salesperson closes on a transaction, who pays the salesperson their commi...

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Indiana Real Estate Exam Questions and Answers 100% Pass

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Indiana Real Estate Exam Questions and Answers 100% Pass The ____ is fully responsible for the actions preformed in the course of real estate business by all persons licensed under ______. - Answer- Broker, Broker The _____ can carry out ONLY those responsbilties assigned by employing ____. - A...

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Louisiana Real Estate Exam Questions and Answers 100% Pass

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Louisiana Real Estate Exam Questions and Answers 100% Pass The Commission is comprised of how many members? - Answer- 11 Commission members are appointed by who? - Answer- The governor Each appointment to the Commission shall be for a __ year term. No commissioner may serve more than that. - An...

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Superior Real Estate School Exam Questions and Answers

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Superior Real Estate School Exam Questions and Answers All of the following are physical characteristics of land except: A. Indestructibility B. Uniqueness C. Immobility D. Scarcity - Answer- D. Scarcity Under the doctrine of specific performance, the party harmed by breach of a real estate ...

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