Colibri Real Estate Complete & Verified Package Solutions

Colibri Real Estate Final Exam Graded A+ land contract buyer pays seller to occupy and use property net lease buyer pays rent and other expenses gross lease buyer pays only rent goes to heirs Tenants in common, 2 of 3 people die. Who gets the property of those who died? Tenant owns it in s...

Colibri Real Estate Chapter 2 Quiz Questions Verified Answers An agency relationship may be involuntarily terminated by which of the following? ️By destruction of the property through fire, vandalism, or natural disaster When a seller authorizes a unilateral offer of subagency to all MLS me...

Colibri Real Estate Law Complete Solutions The discovery step of civil cases is where the parties use a mediator. the complaint is filed. each party presents their case. each party gathers information from each other and third parties. each party gathers information from each other and t...

Real Estate Principles Final Exam Colibri 1. Disclosures Provided Upon Sale of Real Property: Which of the following is NOT a disclosure? - ️ Mold Disclosure Required - Lead-based Paint Disclosure Required - Natural Hazards Disclosure Required - Radon Detection Test Disclosure - NOT REQU...

Colibri Real Estate Final Exam Real Estate Terms Overview Contract and Lease Types - Land Contract: Buyer pays seller to occupy and use property. - Net Lease: Buyer pays rent and other expenses. - Gross Lease: Buyer pays only rent. Ownership and Transfer - Tenants in Common: If two of three pe...

Colibri Real Estate Practice Final Exam Why is the condition of bearing walls more important than non bearing walls? ️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 ️transferred a portion ...

Colibri Practice Test All Answers Rated A+ Real Estate Concepts Overview Title and Closing Disclosure - Title: Refers to the legal ownership of property. - Escrow Account on Closing Disclosure: The account is shown on Page 2 under "Other Costs," where taxes, prepaids, and initial escrow paym...

Colibri Real Estate Law The discovery phase in civil cases involves: - The parties using a mediator. - Filing the complaint. - Each party presenting their case. - ️ Each party gathering information from each other and third parties. In advertising, a licensee can use the phrase that do...

Colibri Real Estate - Texas Principles of Real Estate II Interstate Land Sales Full Disclosure Act This act establishes a nationwide program for the registration of subdivisions sold across state lines, aiming to protect consumers by providing essential information when considering land purc...

Colibri Real Estate Practice Exams Someone who is interested in working in the field of real estate must begin their career in residential brokerage ️True A seller hires your new brokerage to represent them in selling their house. Who is the principal? ️The seller Nan is a real estate ...

Colibri Unit 1 Guaranteed A+ List four industries that are indirectly linked to real estate activities. Builders, building suppliers, carpet manufacturers, appliance sales List five industries that are dependent on real estate activity. Loan originatorsAppraisersPlumbersAuctioneersLandscape ...