Exam (elaborations)
MARK YARBROUGH PRACTICE EXAM 2024 LATEST QUESTIONS WITH CORRECT ANSWERS!!
- Course
- Institution
MARK YARBROUGH PRACTICE EXAM 2024 LATEST QUESTIONS WITH CORRECT ANSWERS!!
[Show more]
Content preview
MARK YARBROUGHPRACTICE EXAM 2024
LATEST QUESTIONS
WITH CORRECT
ANSWERS!!
MARK YARBROUGH
Evatee 9/25/24 MARK YARBROUGH
, MARK YARBROUGH PRACTICE EXAM 2024
LATEST QUESTIONS WITH CORRECT
ANSWERS!!
Dean was very motivated to sell his house and was excited when he got an
offer. When he realized the buyer couldn't qualify for the purchase price, he
decided to accept a second mortgage without mentioning it to his lender and
reduce the sales price accordingly. Which type of mortgage fraud scheme is this
an example of? Answer - Silent second
Which of the following is required In order to conduct real estate activities as a
business entity in Alabama? Answer - A qualifying broker and a company
license for each branch office or location
Agent Walt has met with Diane, a seller, three times. The first time, she told
him she wanted him to help her sell her house. The second time, at the open
house, Diane told him, "Honestly, I want to list this place for $400,000, but I'd
be open to offers as low as $315,000." The third time, Walt presented three
offers to Diane. When should he have presented her with the Real Estate
Brokerage Services Disclosure form? Answer - At their first meeting, after
Diane asked him for representation.
Seller Trevor calls licensee Nate. "My current agent isn't doing anything to sell
my house," Trevor says, "and I need to get it sold! I saw your billboard, and I'm
wondering if you can represent me." What should Nate do? Answer - Nate
should tell Trevor that he's happy to be his agent, but he'll have to wait until his
current agency contract has ended.
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller EvaTee. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $13.99. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
82871 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now