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Real Estate Principles Final Exam

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Real Estate Principles Final Exam Anything that is fastened or attached to real property permanently is considered to be: Real Property A quitclaim deed releases all present claims, rights and title of the: Grantor When a creditor wants to satisfy a judgement which was levied against another pe...

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Real Estate Principles - Final Exam Questions

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Real Estate Principles - Final Exam Questions As part of the overall requirement for continuing education, certified and licensed appraisers must complete the 7-Hour National USPAP Update Course or its equivalent ________ calendar year(s). every 2 "The interaction of buyers and sellers who...

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Real Estate Principles Final Exam

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Real Estate Principles Final Exam Agent the party authorized to conduct business on the principal's behalf Agency a legal relationship between a principal and an agent Blockbusting the illegal practice of encouraging property owners to sell their homes when minorities begin moving into an a...

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Principles of Real Estate 1 Final Exam

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Principles of Real Estate 1 Final Exam If a real estate salesperson closes on a transaction, who pays the salesperson their commission? The salesperson's sponsoring broker A means of comparing similar type properties, which have recently sold, to the subject property is known as the? Market...

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Real Estate Principles Chapters 1-15 Exam Prep

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Real Estate Principles Chapters 1-15 Exam Prep A real estate salesperson is supervised by the buyer or seller. the seller. any licensed broker. the employing broker only the employing broker only The employing broker is held accountable for the salesperson's conduct in performing busines...

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NJ Real Estate Exam Questions

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NJ Real Estate Exam Questions According to New Jersey License Law, A licensee who wants to sell property that the licensee owns MUST? a) list the same property with another licensee in the same office b) disclose the ownership interest in any advertisement of the property c) disclose the owner...

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PSI NJ Real Estate Exam, PSI Practice Test.

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PSI NJ Real Estate Exam, PSI Practice Test. Water Rights The terms "littoral," "riparian," and "appropriative" refer to A salesperson lists a property with a contract that allows for subagency and dual agency. The salesperson is an agent to the broker and a subagent to the principal. ...

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