A broker acting as p - Study guides, Class notes & Summaries

Nevada P&C Laws Verified Solutions A producer in Nevada is aggrieved by an order of the Commissioner. The producer may: A Submit a demand for a hearing within 30 days after the order is made B Apply for judicial review within 20 days of knowing of the order C Petition for judicial review within 45 days of knowing of the order D File an application for a hearing within 60 days of knowing the order ️️D - In the case of a person aggrieved by any act, threatened act, regulation, or o...

Maine Real Estate License Practice Exam part 2 Questions and Answers 65 Marsha and Paula both work for Undertow Realty in Castine. The Designated Broker has decided to practice appointed agency at Undertow Realty. Marsha is the appointed agent to the seller at 68 Puffin Lane. Paula is appointed to the buyers. Which of the following statements is true? a. Marsha and Paula both work for Undertow Realty, therefore they are in dual agency and must disclose that fact, in writing to both the se...

Colibri Real Estate (Real Estate Express) Final Exam Review 2023 Broker Jane has been accused of a law violation regarding commissions. Which of the following might result in her being found guilty? A) Jane paid a commission to her licensed personal assistant. B) Jane paid a commission to the wife of one of her licensees who was recently killed in an auto accident. The deceased licensee had earned the commission prior to his death. C) Jane paid a commission plus a bonus to one of her lic...

NY Life, Accident, and Health Insurance Agent/Broker Exam Series 17-55| 200 QUESTIONS| ANSWERS GRADED A Process 2103 (d-i) 1. The Superintendent may issue a license to any person, firm or corporation who has complied with the requirements of the Insurance Code, authorizing the licensee to act as agent of any authorized insurer. Every individual applicant for a license under this section and every proposed sub-licensee must be 18 years of age or older at the time of issuance of such lic...

©BRIGHTSTARS EXAM SOLUTIONS 11/14/2024 12:19 PM 1 | P a g e Perry Real Estate College Final Exam Questions With Verified Answers A house with outmoded plumbing is suffering from -curable physical deterioration -external depreciation -incurable physical deterioration -functional obsolescence - answerfunctional obsolescence In order to be a License member of the commission, a person must be -a KY citizen -a non-felon -all of the above -a licensed broker - answerall of the above A l...

Champions Real Estate Exam: Law of Agency This person hires an agent - ANS The Principal The agent works on behalf of this person - ANS the client (principal) This type of agency allows for the greatest range of authority - ANS Universal This is provided to the agent when there is written documentation that the agency relationship exists. - ANS Express authority This is the most limited of all the agency relationships - ANS ...

A 3.45-acre What is the selling price? lot sells for so cents per square foot. A. 537,570 B. $75,141 C. 576,230 D. $78,712 B A blind ad refers to an ad that: A. provides no price. B. provides no address. C. gives no with a broker. indication that the property is listed D. gives no been sold or not indication that the property has C purchase of a property. A borrower is required to put 10% down The 10% down for the considered would be A equity. B. boot. C. tax shelter. D. l...

A ******* is a person required under this state's laws to be licensed to sell, solicit, or negotiate insurance. This includes all persons or business entities referred to as "insurance agent", "agent", "insurance broker", "broker", "insurance solicitor", "solicitor", or "surplus lines broker". - ANSWERSIndividual producer A person applying for a producer license must: - ANSWERS-atleast 18 years old -Reside, or maintain their place of business in LA -Not committed any act tha...

Colibri Real Estate (Real Estate Express) Final Exam Review Questions and Complete Solutions Broker Jane has been accused of a law violation regarding commissions. Which of the following might result in her being found guilty? A) Jane paid a commission to her licensed personal assistant. B) Jane paid a commission to the wife of one of her licensees who was recently killed in an auto accident. The deceased licensee had earned the commission prior to his death. C) Jane paid a commission pl...

What type of risk is unique to a specific industry, business enterprise, or investment type? Nonsystematic risk Under which of the following circumstances is an investor in a position to acquire stock? Buy a call, sell a call (The holder of a call has the right to buy stock at the strike price if exercised. The seller of a put is obligated to buy stock at the strike price if exercised) Options- a premium the cost of an option contract, expressed in dollars per share of the under...