Exam (elaborations)
The CE Shop Pre-Licensing Course – Quizzes With Complete Solution.
The CE Shop Pre-Licensing Course – Quizzes With Complete Solution.
The CE Shop Pre-Licensing Course – Quizzes With Complete Solution.
The CE Shop Pre-Licensing Course – Quizzes With Complete Solution.
The CE Shop Pre-Licensing Course – Quizzes With Complete Solution.
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The CE Shop Pre-Licensing Course –
Quizzes With Complete Solution
What .are .two .primary .categories .of .real .estate .characteristics? .- .correct .Answers .✔✔ .-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 .- .correct .Answers .✔✔ .-1. .Broker
Carlos, .a .licensed .professional .with .more .than .10 .years .of .experience, .provides .brokerage .services .a
nd .supervises .the .associated .licensees .who .work .for .him. .Carlos .is .a:
1. .Broker
2. .Salesperson .- .correct .Answers .✔✔ .-1. .Broker
Kim .is .a .licensed .professional .with .fewer .than .three .years .of .experience .providing .brokerage .service
s. .Kim .is .a:
1. .Broker
2. .Salesperson .- .correct .Answers .✔✔ .-2. .Salesperson
Delia .is .a .relatively .new .licensee .who .works .with .clients .who .sign .agreements .with .the .firm .that .sh
e .works .for. .She .loves .the .real .estate .business .and .hopes .in .a .few .years' .time .to .become .a .sole .pro
prietorship. .Delia .is .a:
,1. .Broker
2. .Salesperson .- .correct .Answers .✔✔ .-2. .Salesperson
Andrew's .license .allows .him .to .provide .brokerage .services .as .long .as .his .actions .are .supervised. .And
rew .is .a:
1. .Broker
2. .Salesperson .- .correct .Answers .✔✔ .-2. .Salesperson
Quentin .is .licensed .to .supervise .the .licensees .who .work .for .his .firm .and .is .liable .for .their .actions. .Q
uentin .is .a:
1. .Broker
2. .Salesperson .- .correct .Answers .✔✔ .-1. .Broker
Raoul .has .an .appointment .today .to .check .out .and .report .on .the .condition .of .a .property .on .68th .Str
eet. .Raoul .is .a:
1. .Home .inspector
2. .Appraiser .- .correct .Answers .✔✔ .-1. .Home .inspector
Patti .lives .and .works .in .Hawaii. .As .part .of .Patti's .job, .she .is .required .to .pass .a .nationally .recognized
.certification .program. .Patti .is .a:
1. .Home .inspector
2. .Appraiser .- .correct .Answers .✔✔ .-1. .Home .inspector
Sonja .estimates .a .property's .value .based .on .established .valuation .guidelines. .Sonja .is .a:
1. .Hone .inspector
2. .Appraiser .- .correct .Answers .✔✔ .-2. .Appraiser
,Annalise .works .for .a .bank .that .specializes .in .home .mortgage .loans. .However, .on .occasion, .if .the .de
al .is .not .too .risky, .she .and .her .bank .will .agree .to .finance
.development/construction .projects. .Annalise .is .a:
1. .Investor
2. .Lender .- .correct .Answers .✔✔ .-2. .Lender
Rolf .is .an .independent .businessman. .He .has .recently .funded .a .land .development .project .that .he .bel
ieves .is .going .to .result .in .some .excellent .returns. .Rolf .is .a:
1. .Investor
2. .Lender .- .correct .Answers .✔✔ .-1. .Investor
Stefan .is .patting .himself .on .the .back .and .doing .a .happy .dance .because .a .development .project .that .
he .funded .is .bringing .in .some .fantastic .returns. .The .homes .in .the .new .subdivision .are .selling .like .ho
tcakes. .Stefan .is .a:
1. .Investor
2. .Lender .- .correct .Answers .✔✔ .-1. .Investor
A .friend .of .Mark's .recently .applied .for .a .loan .to .fund .a .new .land .development .project .he .is .plannin
g. .Mark .has .done .the .research .and .run .the .numbers, .and .he .knows .that .his .friend .is .not .the .best .b
usinessman .on .the .planet. .Mark .and .the .firm .he .works .for .have .agreed .to .finance .the .deal, .but .un
derwriting .says .it's .going .to .have .to .come .with .a .large .down .payment .and .a .short .payback .turn-
around .time. .Mark .is .a:
1. .Investor
2. .Lender .- .correct .Answers .✔✔ .-2. .Lender
Lilly .is .a .licensed .real .estate .broker .with .many .years .of .experience .in .real .estate. .Rather .than .conce
ntrate .on .obtaining .listings .and .securing .sales, .she .assists .her .clients .in .making .informed .real .estate
.decisions .based .on .thoughtful .analysis .and .critical .inquiry. .Lilly .is .a:
1. .Real .estate .attorney .
, 2. .Real .estate .counselor .- .correct .Answers .✔✔ .-2. .Real .estate .counselor
Julie .is .on .retainer .by .a .large .brokerage .firm. .She .provides .an .extra .layer .of .protection .from .litigatio
n .for .the .firm. .Her .background .in .real .estate .enables .her .to .answer .any .questions .the .firm's .license
es .may .have .about .legal .matters. .Julie .is .a:
1. .Real .estate .attorney .
2. .Real .estate .counselor .- .correct .Answers .✔✔ .-1. .Real .estate .attorney
Alim .is .working .with .his .client, .Silvia, .to .put .together .an .investment .deal .with .a .well-
known .and .respected .local .land .developer. .Alim's .role .is .to .make .sure .the .contract .is .legally .sound .
and .that .his .client's .interests .are .fully .protected. .Alim .is .a:
1. .Real .estate .attorney .
2. .Real .estate .counselor .- .correct .Answers .✔✔ .-1. .Real .estate .attorney
Armand .is .a .seasoned .real .estate .veteran .who .earlier .in .his .career .focused .on .snagging .listings .and .
securing .sales. .Now .he .prides .himself .on .being .able .to .give .his .clients .professional .advice .that .is .ba
sed .on .facts. .He .is .a .very .detail-
oriented .individual .who .believes .the .more .data .he .can .gather .about .a .specific .real .estate .project .an
d .provide .to .his .clients, .the .better .decisions .his .clients .will .be .able .to .make. .Armand .is .a:
1. .Real .estate .attorney .
2. .Real .estate .counselor .- .correct .Answers .✔✔ .-2. .Real .estate .counselor
Vera .is .employed .by .a .large .brokerage .firm. .Although .most .of .her .time .is .spent .protecting .the .firm .
from .litigation, .she .sometimes .brokers .real .estate .deals. .Vera .is .a:
1. .Real .estate .attorney .
2. .Real .estate .counselor .- .correct .Answers .✔✔ .-1. .Real .estate .attorney
Suzie .works .for .a .company .that .provides .for .licensees .who .need .to .meet .their .license .renewal .requi
rements. .She .is .not .required .to .have .a .real .estate .license. .Suzie .is .a: