Pagent - Study guides, Class notes & Summaries

A firm's satellite office at a new condominium does not need a managing broker on site if it is within how many miles of the nearest branch office? A) 20 B) 35 C) 40 D) 50 - B) 35 Feedback: Correct: State regulations allow a satellite sales office without a managing broker present if is within 35 miles of the nearest branch office. When a licensee is determined by the state to not be in compliance of court-ordered child support payments, the Department of Licensing can: A) suspend th...

In every real estate transaction, a legal description of the real estate MUST appear in the transaction documents. What kind of legal description should be used in MOST transactions? - The same one used in prior transfers of the parcel, verified by a surveyor. A legal easement can be created by any of the following EXCEPT - merger of the titles Timeshare ownership programs MOST often use which of the following ownership forms? - Tenancy in common Real property can be converted to personal ...

1. You are preparing a competitive market analysis on a vacant lot that you hope to list for sale. Which of the following approaches to value will be used in the development of the estimated value? - Sales comparison approach 2. Which of the following comparables would be the most helpful in appraising a home? - A similar home sold by a motivated seller to a motivated buyer. 3. The period over which a property may be profitably utilized is called its: - economic life 4. Wear and tear to the l...

PrepAgent Exam Questions With 100% Correct Answers 2024/2025 For the past 30 years, the Ls have operated a neighborhood grocery store. Last week the city council passed a zoning ordinance that prohibits packaged food sales in the area where the Ls' grocery store is located. The store is now an example of a/an: A) nonconforming use. B) variance of the zoning laws. C) violation of eminent domain. D) illegal enterprise. A) nonconforming use. Explanation: This is an example of "grandfa...

Which psychological factor is normally not a problem with the aging? Which psychological factors is normally a problem with the aging? - Self-actualization. Paranoia, Depression, Feelings of worthlessness. Which statements concerning the needs of the elderly is true? - Relationships are need to combat loneliness. The need for closeness is never lost by most of the elderly. Independence to do their "own thing" is very important To assure that the residents assessment is accurate and refl...

Sally is considering her Medicare options. She understands that to enroll in Medicare Part B, she will have to pay a monthly premium. Since she is healthy, she is considering delaying her enrollment until later. Will she be able to enroll at a later date? 1.Yes, she can enroll at anytime in the future 2.Yes, however; she would have a permanent premium penalty when she does enroll 3.No, this is a take or leave it situation 4.Yes, but she would have to show evidence of good health. - Yes, ho...

Final Exam - California Life and Health questions and answers 100% verified. Employer-provided pgroup pterm plife pinsurance pis pexempt pfrom pincome ptaxation pup pto p- p pcorrect panswer. p p p$50,000 Medicare pPart pB phas pan pinitial penrollment pperiod. pHow pmany pmonths pafter pan pindividual's p65th pbirthday pmonth pdoes pthis penrollment pperiod pend? p- p pcorrect panswer. p p p3 pmonths Which pstatement pis ptrue pregarding ppolicy pdividends? p- p pcorrect pan...

PrepAgent Exam Questions With 100% Correct Answers 2024/2025 wear and tear to the load-bearing members of a building would be classified as: a. Functional obsolescence curable B. Physical deterioration curable C. Functional obsolescence incurable D. Physical deterioration incurable D. Physical deterioration incurable physical damage to the load-bearing members of the building would be considered too expensive to repair granted exception to the rule variance cash or other proper...

Which of the following is an effect on the environment from increased demand for energy? a.) Over-reliance on dams b.) Loss of woodland ecosystems c.) Atmospheric pollution and climate change d.) Ocean pollution c.) Atmospheric pollution and climate change An environmental effect caused by increased need for land is __________. a.) contaminated groundwater b.) habitat degradation c.) air pollution d.) invasive species SUBMIT MY ANSWER b.) habitat degradation An increased nee...

General Chemistry I--Intro to Chemistry: Definitions, Notes, & Study Guide #1/// A General Chemistry I study guide that provides definitions and examples for the early beginnings of Chemistry. This study guide covers: (1) goals of Chemistry, (2) experimental definitions and processes, (3) classifying matter, (4) elements & atoms, (5) compounds and molecules, (6) physical properties of a substance, and (7) physical & chemical changes of a substance. Basically, this study guide lays the groundwor...