Real estate center - Study guides, Class notes & Summaries

Barney Fletcher Real Estate Exam correctly answered 2023 False - correct answer Surface rights consist of only the right to control, occupy, and use the surface area of a parcel of real estate. T/F? D - correct answer Mineral rights are: A. Always considered to be personal property B. Always pass with the land C. Cannot be sold separately from the land D. Pass with the land, unless otherwise specified in the deed C - correct answer Which of the following is NOT an improvement of land?...

Commercial Real Estate SAE - Champion's School of Real Estate 495 Questions with Verified Answers Productivity Management - CORRECT ANSWER Measuring the results from the use of available systems and tools for prospecting activities CRM - CORRECT ANSWER Contact Relationship Manager, a tool used to automate prospecting tasks and manage leads Geographic farming - CORRECT ANSWER A particular area that may include neighborhoods that a sales agent or broker markets for the solicitation of bu...

An appraisal can be completed by which of the following? A home inspector A real estate broker A licensed appraiser using USPAP standards A mortgage loan originator - ANSWERA licensed appraiser using USPAP standards What is a BPO? Broker Price Opinion Best Practice Organization Best Prospective Offer Beyond Present Opportunities - ANSWERBroker Price Opinion Which of the following is incorrect? Farming methods include Direct Mail and Just Listed Post Cards. Farming only invo...

Champion School of Real Estate-Law of Contracts Exam with Complete Solutions Texas Real Estate Commission - ANSWER TREC-created by the Legislature in 1949. 9 member commission whose primary purpose is to carry out the provision of the License Act Real Estate Recovery Trust Account - ANSWER administered by TREC. the purpose of the account is to protect aggrieved individuals who suffer monetary loss due to illegal acts of license holders unlawful practice of law - ANSWER license holder is...

REAL ESTATE (AZ SPECIFIC) QUESTIONS AND ANSWERS ALREADY PASSED Arizona property taxes are based on: Assessed value The tax rate applied to owner occupied residential property is: 10 % What lien has priority first: Property taxes Property taxes become a lien the first day of: January If a property is not bid at a tax foreclosure sale: Anyone can later buy the tax lien from the Treasurer Rank the following in order: IRS lien, Property Taxes, Special Assessments Property Taxes, Special Assessm...

Steven put down $10,000 toward a property's purchase price, financed the rest, and now has a cash flow of $2,800 after repairs and debt service. What's his ROI? a 21% b 26% c 28% d 32% - c 28% Return on investment or ROI = cash flow ÷ cash investment. $2,800 ÷ $10,000 = 28%. What's a legal agreement or promise made between two parties? a. A consideration b. A covenant c. A handshake d. A negotiation - b. A covenant A legal agreement or promise made between two parties is a covena...

Courses for the renewal of an active real estate broker or sales agent license are called (Ans- continuing education (CE) What is the maximum amount that the Commission will pay from the real estate recovery trust account for claims against any one license holder, until the account has been repaid in full by the license holder? (Ans- $100,000 Which is owned by the tenant? (Ans- a trade fixture Which of the following terms refers not only to the surface of the earth but also below ...

Real Estate Brokerage (Ch. 1) A business in which real estate-related activities are performed under the authority of a licensed real estate broker Farming (Ch. 1) concentrating on one type or style of property in one particular area of neighborhood Property Transfer, Valuation & Marketing (Ch. 1) areas of expert knowledge that are required for all real estate licensees Residential Transaction (Ch. 1) F.S 475 The sale of any improved residential property of 4 units or f...

ASREB SCHOOL EXAM QUESTIONS AND ANSWERS When a tenant moves out of a rental unit due to an electrical fire that was not their fault this would be called? Constructive eviction A property manager is considered what type of agent? General agent If a dwelling is damaged or destroyed by fire how many days must the tenant give the landlord to terminate the rental agreement? 14 A real estate broker is normally what type of agent? Special A broker's duty to a third party would be: Honesty ...

TX-Brokerage (SAE), Texas Real Estate Brokerage 30 Hours 2019, texas sae real estate brokerage, Real Estate: Brokerage Final Exam Questions/Answers, Real Estate: Practice Exam (Questions/Answers), Real Estate: Agency Exam Questions/Answers, texas sae... The _____ is required to ascertain that Brokers are aware of all of their responsibilities. Texas Real Estate Commission The _____ course is to address the regulatory aspects of the management, operation and supervision of a real estate brok...