Indiana Real Estate Bundled Exam 2023

What determines the effectiveness of a skin peel? - ANSWERSpH LOWER than the skin What is the risk of overusing a phenolic disinfectant? - ANSWERSSkin damage What is the disciplinary action the board can take against someone who practices beauty culture without a license? - ANSWERSCommits a Cl...

The ____ is fully responsible for the actions preformed in the course of real estate business by all persons licensed under ______. - ANSWERSBroker, Broker The _____ can carry out ONLY those responsbilties assigned by employing ____. - ANSWERSSalesperson, broker A salesperson can receive _____...

Who selects the members of the Indiana Real Estate Commission? - ANSWERSThe governor of Indiana selects the commission members. Which of the following statements is false regarding the Indiana Real Estate Commission? - ANSWERSThe commission may spend the interest earned from monies accrued in the...

According to Indiana law, a claimant seeking relief from the Indiana Recovery Fund must be a resident of Indiana A. True B. False - ANSWERSFalse - Although a claimant must have cause due to an Indiana Real estate transaction, the claimant is not required to be a resident of Indiana What type ...

the surface Zoning Administration - ANSWERSZoning Board of Adjustment oversees rule administration and appeals Real estate - ANSWERSland plus manmade permanent attachments Real property - ANSWERSreal estate plus bundle of rights Bundle of Rights - ANSWERSPossess Use Transfer Exclude Encu...

A broker's protection clause, when inserted into a listing agreement, serves this function: - ANSWERSTo entitle the broker a commission if the property is sold to parties with whom he/she has negotiated during the term of the listing for a stated number of days after the listing expires A legal ...

A licensee is convicted of a crime that has bearing on the licensee's ability to competently practice. As a direct result of the conviction, the next step the Commission would likely take it is to: my answer: Suspend the license. - ANSWERSHold a hearing on the matter. RATIONALE The criminal conv...

Abandonment - ANSWERSThe failure to occupy and use property that may result in loss of rights Abatement of Nuisance - ANSWERSExtinction or termination of a nuisance Abstract of Judgement - ANSWERSA condensation of the essential provisions of a court judgement Abstract of Title - ANSWERSA su...

Brokerage is defined as.. - ANSWERSA) The business of bringing parties together in a real estate transaction B) The business of real estate licensing C) The business of operating a real estate company A Brokers Sara and Steve are members of the MLS. Sara brings a buyer for one of Steve's li...