Real estate u exam 1 - Study guides, Class notes & Summaries

Real Estate U Exam 1 with 100% Correct Answers 2023

Real Estate U NYS - Chapter 2 Exam 1

Real Estate U Final Exam Questions with verified Answers 1. Article 12-A of the NYS Real Property Law- Answer-- The section of the New York Real Property Law pertaining to real estate salespersons and brokers. - Primary purpose is to "Protect the Public" - Requires a salesperson to be at least 18 years of age - Requires a broker to be at least 20 years of age 2. Sponsor- Answer-- A licensed real estate broker that holds the license of a salesperson. 3. "Summary of Your Submission"- ...

REAL ESTATE U FINAL EXAM TEST BANK AND STUDY GUIDE | ALL EXAM VERSIONS 1 , 2 AND 3 | ACCURATE REAL EXAM QUESTIONS AND ANSWERS | RECENTLY TESTED | EXPERT VERIFIED | GUARANTEED PASS | GRADED A | LATEST UPDATE | 2023/2024 Article 12-A of the NYS Real Property Law - The section of the New York Real Property Law pertaining to real estate salespersons and brokers. - Primary purpose is to "Protect the Public" - Requires a salesperson to be at least 18 years of age - Requires a broke...

Real Estate U Final EXAM LATEST 2023- 2024 ACTUAL EXAM 350 QUESTIONS AND CORRECT DETAILED ANSWERS (VERIFIED ANSWERS) |ALREADY GRADED A+ TESTBANK Syndication - CORRECT ANSWER Method of using capital (money) from multiple investors for the common goal of acquiring real estate. Investments are often syndicated in order to allow individuals to invest in properties or projects that are significantly larger than they could afford on their own. Types of Commercial Real Estate Note: Co...

Florida Real Estate U Final Exam Questions And Revised Correct Answers What is BPO - ANSWER : A broker's price opinion is the process used by a hired sales agent to determine the potential selling price or estimated value of a real estate property. What are some consideration in determining investment value? - ANSWER : 1-interior considerations 2-building operating expenses 3-exterior considerations What is not a consideration when determining investment value? - ANSWER : marke...

Succession Succession: - This aspect of law deals with what happens to an estate (the assets you leave behind) after you pass away. - Estate = the assets, obligations, liabilities, debts, etc. that you leave behind. - Inheritance = what is left once all the debts and liabilities have been paid. - Succession determines who qualifies to inherit. There are 2 types of succession: - 1) Testate = dealing with wills. - 2) Intestate = dealing with no wills. Terminology: - Deceased = person w...

REAL ESTATE U FINAL EXAM TEST BANK AND STUDYGUIDE | ALL EXAM VERSIONS 1 , 2 AND 3 QUESTIONS AND ANSWERS | GRADED A | LATEST UPDATE | 2024 REAL ESTATE U FINAL EXAM TEST BANK AND STUDYGUIDE | ALL EXAM VERSIONS 1 , 2 AND 3 QUESTIONS AND ANSWERS | GRADED A | LATEST UPDATE | 2024

Real Estate U NYS Chapter 2 Exam 1 Questions And Answers Rated A+. According to an agent's fiduciary duties, the agent must not change or modify the financial terms of a deal. Which of the following fiduciary duties best reflects this...? A. Obedience B. Reasonable Care C. Accountability D. Loyalty - correct answer. C. Accountability A situation in which one party is held partly responsible for the unlawful actions of a third party is known as...? A. Dual Agency B. Pr...