Colibri Real Estate Practice Final Exam Questions and Answers | 100% Pass
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Course
Colibri real estate
Institution
Colibri Real Estate
Colibri Real Estate Practice Final
Exam Questions and Answers | 100%
Pass
Why is the condition of bearing walls more important than non bearing walls? - ️️
Correct-Bearing walls support the ceiling and the roof.
Owner Tom decided to lease out his basement to a college student. By leasing t...
Colibri Real Estate Practice Final
Exam Questions and Answers | 100%
Pass
Why is the condition of bearing walls more important than non bearing walls? -
✔️✔️Correct-Bearing walls support the ceiling and the roof.
Owner Tom decided to lease out his basement to a college student. By leasing the
basement, Tom has - ✔️✔️Correct-transferred a portion of his bundle of rights
What is a forecast of income and expenses that can be projected over five years? -
✔️✔️Correct-Stabilized budget
A buyer told broker Lena that she wants to move to Cuban neighborhood. Then the
buyer asked if Lena could show her the best home in a Cuban area. How should Lena
respond to this request? - ✔️✔️Correct-Lena should explain to the buyer that she
ethically and legally cannot recommend housing based on national origin.
Which of the following wills may be considered invalid? - ✔️✔️Correct-A will that is not
signed.
Broker Torrey hires salesperson Wes as an independent contractor. As an independent
contractor, Wes can expect which of the following from Broker Torrey? - ✔️✔️Correct-
On a $280,000 loan, the lender charges a 2 point service charge. How much does the
borrower have to pay for just these two points? - ✔️✔️Correct-$5,600
A seller decided to back out of a sales contract for no good reason. What recourse does
the buyer have? - ✔️✔️Correct-To sue for specific performance.
What are the primary advantages of PEX piping? - ✔️✔️Correct-PEX piping is able to
withstand both high and low temperatures and it is highly resistant to chemicals.
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