Ky real es - Study guides, Class notes & Summaries

KY Real Estate Final Exam Practice Already Passed what happens with a Judicial foreclosure? the mortgaged property is sold under the supervision of a court broker Dean realizes he has relocation buyers. What is something he should focus on with these buyers? finding a property with good resale value real estate licensees should know enough about building ordinances to be able to... alert clients of potential problems in a home if an industrial property is described as "special-purpose" it i...

KENTUCKY REAL ESTATE FINAL EXAM AND PRACTICE EXAM ALL QUESTIONS AND CORRECT DETAILED ANSWERS VERSION ALREADY A GRADED | NEW AND REVISED

KY Real Estate Law - PSI Practice Exam WITH COMPLETE VERIFIED SOLUTIONS.

KY real estate final exam practice question and answers 2024 verified to pass what happens with a Judicial foreclosure? ANS the mortgaged property is sold under the supervision of a court 2. broker Dean realizes he has relocation buyers.What is something he should focus on with these buyers? ANS finding a property with good resale value 3. real estate licensees should know enough about building ordinances to be able to... ANS alert clients of potential problems in a home 4. if an industri...

Ky Real Estate Exam Guide Questions and CORRECT Answers Land rights - CORRECT ANSWER- Surface, all natural things attached to it, subsurface, and air above the surface Real estate rights - CORRECT ANSWER- Land + man made permanent attachments Real property rights - CORRECT ANSWER- Real estate + bundle rights

KY Real Estate Exam Questions and Answers If it is a felony - Answer-A licensee has a duty to report a conviction to the Commission if: 5 years - Answer-Revocation means that the licensee cannot seek reinstatement for how long? He or she moves out of state - Answer-A licensed Commissioner can be removed if: 30 days - Answer-If a tenant leaves owing rent, how long must the landlord wait before removing the deposit and applying the money to the unpaid rent? Yes, with approval from th...

KY Real Estate Exam (2023/2024) Already Graded A Accretion Increase of land by deposit of sand or soil washed up naturally from a river, lake or sea ADA Tenant Tenant with disability. Must accommodate for tenants/residents with disabilities. Priority is to get party to the door. Can make changes, must be giving parking if available, do not have to ask to make changes Broker's License License to act as intermediary on behalf of others for a commission. Bringing together of parties interested i...

KY Real Estate Practice - Law Portion (2023/2024) Already Graded A Which of the following fees that a broker charges an agent is a violation of the Kentucky Revised Statutes? - desk fee - long distance charges - affiliation fee - coffee fee affiliation fee Most of the time (with certain law exceptions) licensed Kentucky brokers shall maintain a definite place of business in what state? - Kentucky - the state in which the broker was born in - the state where the broker spends the most tim...

KENTUCKY REAL ESTATE EXAM WITH 100 COMPLETE QUESTION AND 100% COMPLETE ANSWER/ESTUDY LATEST,ALL ANSWERED

Kentucky Real Estate Mock Test 1 Already Graded A+ A $450,000 sale price was obtained from a 12% capitalization rate. What was the gross income when the total expenses were 15% of the gross? ️$63,529.41 Step 1 $450,000 x 12% = $54,000 Step 2 100% - 15% = 85% Step 3 $54,000 ÷ 85% = $63,529.41 A borrower purchased mortgagee's title insurance on a property. After the final payment was made on the mortgage, a title defect was found. The borrower would have recourse through the ️...