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[Show more]Final CE Shop Study Guide Exam Questions 
And Correct Answers 
Cash-on Cash return 
1: A comparison of before-tax cash flow to cash invested 
2: A rate of return that calculates the cash income earned on the total cash invested 
Building specifications 
1: Unlike most construction documents, this on...
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Add to cartFinal CE Shop Study Guide Exam Questions 
And Correct Answers 
Cash-on Cash return 
1: A comparison of before-tax cash flow to cash invested 
2: A rate of return that calculates the cash income earned on the total cash invested 
Building specifications 
1: Unlike most construction documents, this on...
CE Final Exam RE, The CE Shop Test, Real 
Estate Final Exam Questions And Correct 
Answers 
______ is a process in which an appraiser determines a probable range of values for a property 
by comparing a group of comparable sales to the subject. The appraiser attempts to include both 
superior and in...
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Estate Final Exam Questions And Correct 
Answers 
______ is a process in which an appraiser determines a probable range of values for a property 
by comparing a group of comparable sales to the subject. The appraiser attempts to include both 
superior and in...
CE shop Unit 3 Questions/TF 100% Verified. 
Real estate activities have an impact on the economy. TF - answerTrue 
The health of the overall economy may rely heavily on construction of new properties. TF - 
answerTrue 
Which of these phases have an effect on the economy? - answerPlanning, building, ...
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Real estate activities have an impact on the economy. TF - answerTrue 
The health of the overall economy may rely heavily on construction of new properties. TF - 
answerTrue 
Which of these phases have an effect on the economy? - answerPlanning, building, ...
MD Real Estate Exam CE Shop Results 
Exam Questions And Correct Answers 
In order to be enforceable, what does the Statute of Frauds require a real estate contract to be? - 
answera) In writing 
Which of the following items is something a lender is prohibited from doing if the lender wants 
to write...
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Exam Questions And Correct Answers 
In order to be enforceable, what does the Statute of Frauds require a real estate contract to be? - 
answera) In writing 
Which of the following items is something a lender is prohibited from doing if the lender wants 
to write...
CE Shop Section 8: Real Property Ownership 
Exam Questions And Correct Answers 
The north-south line that runs through the initial point of RGSS - answerTrue meridian, or 
principal meridian 
The east-west line that runs through the initial point of RGSS - answerBase line. This is 
where all initial...
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Exam Questions And Correct Answers 
The north-south line that runs through the initial point of RGSS - answerTrue meridian, or 
principal meridian 
The east-west line that runs through the initial point of RGSS - answerBase line. This is 
where all initial...
The CE Shop Final Exam Questions And 
Correct Answers 
What type of agency exists because of the actions and behavior of the parties? 
Action agency 
Behavioral agency 
Express agency 
Implied agency - answerImplied agency 
Which entity ensures that contractors perform their work according to code b...
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Correct Answers 
What type of agency exists because of the actions and behavior of the parties? 
Action agency 
Behavioral agency 
Express agency 
Implied agency - answerImplied agency 
Which entity ensures that contractors perform their work according to code b...
©THEBRIGHT EXAM STUDY SOLUTIONS 8/26/2024 11:32 AM 
CE Shop Unit Quiz Questions And Correct 
Answers 
Seller is the client 
buyer is the customer 
in this type of single agent relationship - answerAs a seller's agent, you have a relationship 
with both the seller and the buyer, but in what capacit...
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CE Shop Unit Quiz Questions And Correct 
Answers 
Seller is the client 
buyer is the customer 
in this type of single agent relationship - answerAs a seller's agent, you have a relationship 
with both the seller and the buyer, but in what capacit...
CE SHOP California Real Estate Principles 
Exam Questions And Correct Answers 
Asset held In a land trust - answerReal Estate 
Level of government where building codes are enforced - answerLocal 
Fixtures - answeritems of personal property that are attached or annexed to real property 
Fair Housing ...
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Exam Questions And Correct Answers 
Asset held In a land trust - answerReal Estate 
Level of government where building codes are enforced - answerLocal 
Fixtures - answeritems of personal property that are attached or annexed to real property 
Fair Housing ...
©THEBRIGHT EXAM STUDY SOLUTIONS 8/26/2024 11:32 AM 
Ce Shop Maryland State Exam Review 
Questions And Correct Answers 
What information about the Guaranty Fund must be included in every Maryland sales contract? - 
answerNotice to the buyer of the Guaranty Fund's protection up to $50,000 
A Marylan...
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Ce Shop Maryland State Exam Review 
Questions And Correct Answers 
What information about the Guaranty Fund must be included in every Maryland sales contract? - 
answerNotice to the buyer of the Guaranty Fund's protection up to $50,000 
A Marylan...
©THEBRIGHT EXAM STUDY SOLUTIONS 8/26/2024 11:32 AM 
FL REAL ESTATE EXAM- CE Shop Prep 
Exam Questions And Correct Answers 
Stacey, a buyer, is working with licensee Rebecca in a state that doesn't recognize or permit 
implied agency. Rebecca doesn't represent Stacey, however, and is performing on...
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FL REAL ESTATE EXAM- CE Shop Prep 
Exam Questions And Correct Answers 
Stacey, a buyer, is working with licensee Rebecca in a state that doesn't recognize or permit 
implied agency. Rebecca doesn't represent Stacey, however, and is performing on...
©THEBRIGHT EXAM STUDY SOLUTIONS 8/26/2024 11:32 AM 
The CE Shop MLO Final Exam 1 
Severance - answerWhich term describes the process of real property becoming personal 
property by detaching it from the land? 
FNMA, GNMA, FHLMC, and lending institutions that buy loans from other lenders - 
answerTh...
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The CE Shop MLO Final Exam 1 
Severance - answerWhich term describes the process of real property becoming personal 
property by detaching it from the land? 
FNMA, GNMA, FHLMC, and lending institutions that buy loans from other lenders - 
answerTh...
©THEBRIGHT EXAM STUDY SOLUTIONS 8/26/2024 11:32 AM 
The CE Shop: Georgia State Exam Practice 
Questions And Correct Answers 
The Real Estate Education, Research, and Recovery Fund Exists for the Benefit of whom? 
-Agents with low sales volume 
-Brokers who pay out commissions 
-GREC members 
-The p...
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The CE Shop: Georgia State Exam Practice 
Questions And Correct Answers 
The Real Estate Education, Research, and Recovery Fund Exists for the Benefit of whom? 
-Agents with low sales volume 
-Brokers who pay out commissions 
-GREC members 
-The p...
©THEBRIGHT EXAM STUDY SOLUTIONS 8/26/2024 11:32 AM 
The CE Shop : Final Exam Questions And 
Correct Answers 
What is a general lien? 
A claim against a person and all of that person's property 
A claim against a specific piece of property 
A type of mortgage lien 
A type of tax lien - answerA clai...
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The CE Shop : Final Exam Questions And 
Correct Answers 
What is a general lien? 
A claim against a person and all of that person's property 
A claim against a specific piece of property 
A type of mortgage lien 
A type of tax lien - answerA clai...
©THEBRIGHT EXAM STUDY SOLUTIONS 8/26/2024 11:32 AM 
CE Shop National Exam Prep: PROPERTY 
OWNERSHIP 
Define *Land* - answerThe earth's surface extending downward to the center of the earth 
and upward to infinity, including permanently attached natural objects. 
Define *Real Estate* - answerLand, ...
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CE Shop National Exam Prep: PROPERTY 
OWNERSHIP 
Define *Land* - answerThe earth's surface extending downward to the center of the earth 
and upward to infinity, including permanently attached natural objects. 
Define *Real Estate* - answerLand, ...
The CE Shop Pre-Licensing Course Exam 
Questions And Correct Answers 
What are two primary categories of real estate characteristics? 
1. Economic 
2. Material 
3. Substantive 
4. Physical 
Emily is licensed to run her own firm and manage its activities. Emily is a: 
1. Broker 
2. Salesperson 
1. Br...
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Add to cartThe CE Shop Pre-Licensing Course Exam 
Questions And Correct Answers 
What are two primary categories of real estate characteristics? 
1. Economic 
2. Material 
3. Substantive 
4. Physical 
Emily is licensed to run her own firm and manage its activities. Emily is a: 
1. Broker 
2. Salesperson 
1. Br...
©THEBRIGHT EXAM STUDY SOLUTIONS 8/26/2024 11:32 AM 
CE Shop Real Estate - Principles Real Estate 
Course - 45 hour – CA Exam Questions And 
Correct Answers 
What do riparian rights give landowners the ability to do? - answerUse a river running 
through the property. 
A cabin has 120 feet of lake ...
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CE Shop Real Estate - Principles Real Estate 
Course - 45 hour – CA Exam Questions And 
Correct Answers 
What do riparian rights give landowners the ability to do? - answerUse a river running 
through the property. 
A cabin has 120 feet of lake ...
AZ CE Shop Practice Test Questions And 
Correct Answers 
Which of the following is true about mortgage brokers? 
-They don't service the loan beyond placement 
-They originate their own loans 
-They've paid through fees from originating and servicing loans 
-They service the loan for it's entire ...
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Correct Answers 
Which of the following is true about mortgage brokers? 
-They don't service the loan beyond placement 
-They originate their own loans 
-They've paid through fees from originating and servicing loans 
-They service the loan for it's entire ...
©THEBRIGHT EXAM STUDY SOLUTIONS 8/26/2024 11:32 AM 
Unit 2 The CE SHOP Real Estate Exams 
Questions And Correct Answers 
Which one of the following tasks must licensees perform for seller clients? 
-Dictate the listing price of the property. 
-Drive the sellers around to show them other properties ...
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Unit 2 The CE SHOP Real Estate Exams 
Questions And Correct Answers 
Which one of the following tasks must licensees perform for seller clients? 
-Dictate the listing price of the property. 
-Drive the sellers around to show them other properties ...
CE Shop KY Course Final Exams Questions 
And Correct Answers 
An appraiser will identify the general and specific data needed for an appraisal. What will 
determine the type of additional data needed? - answerThe type of property 
Which of the following is a true statement regarding new construction...
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And Correct Answers 
An appraiser will identify the general and specific data needed for an appraisal. What will 
determine the type of additional data needed? - answerThe type of property 
Which of the following is a true statement regarding new construction...
60 hour CE Shop SC Exams Questions 
And Correct Answers 
Transfer fees can be assessed on real property sales at a rate of - answer$1.85 per $500 of the 
sales price and are typically paid by the seller. 
All advertisements must include - answerthe full name of the licensee's real estate brokerage ...
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Add to cart60 hour CE Shop SC Exams Questions 
And Correct Answers 
Transfer fees can be assessed on real property sales at a rate of - answer$1.85 per $500 of the 
sales price and are typically paid by the seller. 
All advertisements must include - answerthe full name of the licensee's real estate brokerage ...
©THEBRIGHT EXAM STUDY SOLUTIONS 8/26/2024 11:32 AM 
Indestructibility is the physical characteristic that states that while improvements may 
deteriorate, land can't be destroyed. - answerSander and Ginny bought an old industrial site 
and plan to get grant money to put an environmental education ...
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Indestructibility is the physical characteristic that states that while improvements may 
deteriorate, land can't be destroyed. - answerSander and Ginny bought an old industrial site 
and plan to get grant money to put an environmental education ...
The CE Shop Principles of Real Estate I 
Exam Review Questions And Correct 
Answers 
In most markets, in which month would a real estate downcycle typically start? - 
answerNovember 
You have a listing agreement with Sam, which makes him your ______. - answerClient 
Who has the ultimate responsibili...
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Add to cartThe CE Shop Principles of Real Estate I 
Exam Review Questions And Correct 
Answers 
In most markets, in which month would a real estate downcycle typically start? - 
answerNovember 
You have a listing agreement with Sam, which makes him your ______. - answerClient 
Who has the ultimate responsibili...
©THEBRIGHT EXAM STUDY SOLUTIONS 8/26/2024 11:32 AM 
CE Shop Exam Questions And Correct 
Answers 
Which regulation defines the duties and responsibilities of real estate professionals? - 
answerCode of Virginia Title 54.1 Chapter 21 
What is defined in VAC Title 18, Agency 135, Chapter 20? - answerT...
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Add to cart©THEBRIGHT EXAM STUDY SOLUTIONS 8/26/2024 11:32 AM 
CE Shop Exam Questions And Correct 
Answers 
Which regulation defines the duties and responsibilities of real estate professionals? - 
answerCode of Virginia Title 54.1 Chapter 21 
What is defined in VAC Title 18, Agency 135, Chapter 20? - answerT...
©THEBRIGHT EXAM STUDY SOLUTIONS 8/26/2024 11:32 AM 
Ce shop Final Exam Questions And Correct 
Answers 
Blaire apparently hasn't learned her lesson. She paid a $5,000 penalty when MREC found her 
guilty of misrepresentation, a $10,000 penalty when she was found guilty of placing a for sale 
sign in...
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Ce shop Final Exam Questions And Correct 
Answers 
Blaire apparently hasn't learned her lesson. She paid a $5,000 penalty when MREC found her 
guilty of misrepresentation, a $10,000 penalty when she was found guilty of placing a for sale 
sign in...
CE SHOP REAL ESTATE PRINCIPLES 
PRACTICE TEST Questions And Correct 
Answers 
Julie has received notice that the house she is renting was sold in foreclosure. She has a month- 
to-month lease, so how long does she have until her lease may be terminated? - answer90 
days 
Amy acts like a salesperson ...
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PRACTICE TEST Questions And Correct 
Answers 
Julie has received notice that the house she is renting was sold in foreclosure. She has a month- 
to-month lease, so how long does she have until her lease may be terminated? - answer90 
days 
Amy acts like a salesperson ...
The CE Shop Review Assessment Questions 
And Answers 
With this type of loan, personal property is included with the real property in the sale. It's 
commonly seen in commercial real estate, but you may also see this in the sale of furnished 
condominiums. - answerPackage mortgage 
Which product's...
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And Answers 
With this type of loan, personal property is included with the real property in the sale. It's 
commonly seen in commercial real estate, but you may also see this in the sale of furnished 
condominiums. - answerPackage mortgage 
Which product's...
©THEBRIGHT EXAM STUDY SOLUTIONS 8/26/2024 11:32 AM 
Which economic principle states that the value of property today is impacted by the current value 
of the total expected future benefits? - answerAnticipation 
You've just signed a listing with a new seller client. What's true about electronic d...
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Which economic principle states that the value of property today is impacted by the current value 
of the total expected future benefits? - answerAnticipation 
You've just signed a listing with a new seller client. What's true about electronic d...
CE Shop National Exam Questions And 
Correct Answers 
Title XI of the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 states that 
its purpose, in part, is to require that real estate appraisals used in connection with federally 
related transactions be performed ______. 
By lic...
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Correct Answers 
Title XI of the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 states that 
its purpose, in part, is to require that real estate appraisals used in connection with federally 
related transactions be performed ______. 
By lic...
THE CE SHOP Exam Questions And 
Correct Answers 
Which entity creates regulations governing real estate activities in Washington? - 
answerReal Estate Commission 
Brokers must deliver transactional documents and contracts to their managing or designated 
brokers within how many business days? - answ...
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Correct Answers 
Which entity creates regulations governing real estate activities in Washington? - 
answerReal Estate Commission 
Brokers must deliver transactional documents and contracts to their managing or designated 
brokers within how many business days? - answ...
CE Shop Final Exam Questions And 
Correct Answers 
Which of the following is the price a lender believes the property will bring at a foreclosure sale? 
- answermortgage value 
Burt terminated his exclusive right-to-sell listing agreement with Scott, his listing broker. Burt 
may legally do this as ...
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Correct Answers 
Which of the following is the price a lender believes the property will bring at a foreclosure sale? 
- answermortgage value 
Burt terminated his exclusive right-to-sell listing agreement with Scott, his listing broker. Burt 
may legally do this as ...
Real Estate - The CE Shop Exam Questions 
And Correct Answers 
1031 tax-deferred exchange - answer"Section 1031 of the Internal Revenue Code allows the 
owner of real property to sell that property and then reinvest the proceeds in a "like-kind" 
property and defer paying any capital gains taxes....
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And Correct Answers 
1031 tax-deferred exchange - answer"Section 1031 of the Internal Revenue Code allows the 
owner of real property to sell that property and then reinvest the proceeds in a "like-kind" 
property and defer paying any capital gains taxes....
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