Real Estate Salesperson Bundled Exam Questions and CORRECT Answers

Fixture disputes - Method of attachment, adaptation, agreement, relationships to parties, Personal property versus real property - Personal property can be moved real property cannot Fixtures - items of personal property that are attached or annexed to real property Trade fixtures which are i...

A lease that calls for increases in rent at specific periods of time is known as a - Graduated Lease John, a property manager, will work in the best interest of - The property owner If John signed a contract to sell his property to Sandra and changed his mind two days before the closing, Sandra...

IN MA: Who governs licensure in the State of MA? - The Board of Registration of Real Estate Brokers and Salespersons, part of the Division of Occupational Licensure Founded in 1960 Governor appoints 5 members - 3 are licensed brokers with at least 7 years of experience and 2 are un-licensed me...

n NYS, how old must one be to enter into contracts? - 18 What other capability should they possess? - Mental and emotional capability What happens if one of the parties to the contract is a minor? - The contract is voidable by the minor What does the zoning board of appeals do? - Grants varianc...

AMP Real Estate Salesperson UPDATED Exam Questions and CORRECT Answers As a buyer's agent, should you advise your client to get a home inspection on the property she is buying? - CORRECT ANSWER- Yes. A qualified home inspector may spot defects not previously noted. (Agency Relationships/Co...

Real Estate Salesperson National Prep Exam Actual Exam Questions and CORRECT Answers John owns a dominant estate with an easement appurtenant. John sells the property. What happens to the easement? - CORRECT ANSWER- It belongs to the buyer A seller shows a house with all ceiling fans. A buye...

Real Estate Salesperson National Prep Exam 1 UPDATED Actual Exam Questions and CORRECT Answers John owns the dominant estate with an easement appurtenant. John sells the property. What happens to the easement? (a) A commercial tenant's lease will expire at the end of the month. It is termin...