Missouri real estate - Study guides, Class notes & Summaries

MISSOURI REAL ESTATE PRACTICE EXAM QUESTIONS & ANSWERS, GRADED A+/ VERIFIED. A farmer sold his farm. Several months later the farmer was able to go back and harvest the crops he planted. The crops are called: - -Emblements A bill of sale would be the document used to convey what? - -A refrigerator A commercial tenants lease was about to expire. The tenant wanted to remove some shelving that he had installed. Could he do this? - -Yes, if he removes the shelves before the lease expires Wh...

Chapter 339 of the MO Statutes is: Code of Ethics License Law MLS Rules For commercial agents only - ANSWER-b Susie is employed by broker Joe to show rental properties that he manages. She shows rental units, collects security deposit checks made payable to the owner, and delivers leases. Based on these actions, Susie: Must be a real estate licensee Is violating MREC rules Is creating a criminal offense Is not required to be a MO Real estate licensee - ANSWER-d The purpose of M...

National And Missouri Real Estate Quiz 1 Mike Ed and Bob were concurrent owners of a parcel of RE. Ed died, and his interest passed according to his will. What was the ownership of the property? ️ B. Tenancy in common It is license renewal time, and Julie just realized she took six hours of core classes and six hours of elective classes. What should Julie do? ️ B. Julie is fine, the state requires at least three hours of core material. Able agent failed to complete his education ...

Missouri Real Estate Practice Exam Questions With 100% Verified Answers A farmer sold his farm. Several months later the farmer was able to go back and harvest the crops he planted. The crops are called: - answerEmblements A bill of sale would be the document used to convey what? - answerA refrigerator A commercial tenants lease was about to expire. The tenant wanted to remove some shelving that he had installed. Could he do this? - answerYes, if he removes the shelves before the lease ex...

Missouri Real Estate 48 Hour Course Unit Quizzes MO Law Questions and Answers c. license law - Ans:-Chapter 339 of the Missouri Statutes is known as: a. Law of agency b. code of ethics c. license law d. administrative commission code c. her commission would be based on her agreement with her broker - Ans:-A salesperson licensed in another state but NOT in MO comes into MO and refers her brother to a RE company in MO to assist him in the purchase of a home. The salesperson did this with ...

Missouri Real Estate Practice Exam Questions With 100% Verified Answers A farmer sold his farm. Several months later the farmer was able to go back and harvest the crops he planted. The crops are called: - answerEmblements A bill of sale would be the document used to convey what? - answerA refrigerator A commercial tenants lease was about to expire. The tenant wanted to remove some shelving that he had installed. Could he do this? - answerYes, if he removes the shelves before the lease ex...

Missouri Real Estate Law Guaranteed Success What is the primary purpose of Chapter 339 of the Missouri Statutes? ️ To protect the public by regulating the actions of licensees to ensure compliance with the real estate license law. Would a person assisting in telemarketing the broker's services need a license under Missouri Law? ️ Yes. Auctioneer Grant is negotiating to auction off some items for a farm family. If the farmer asks Grant to also auction the farm, would Grant need a...

The MREC requires the brokers for the buyer and seller to retain legible copies of both buyer's and seller's signed closing statements - 3 years By what title is Chapter 339 of the Missouri State Statutes also known? - The license law If the buyer and seller are represented by different brokers, it is the responsibility of ________ to deliver, or cause to have delivered, the closing statements. - listing broker Broker Kelley took a listing from seller Smith. Which of the following stateme...