Real estate quiz 3 - Study guides, Class notes & Summaries

Principles of Real Estate I - quiz questions verified solutions Land includes surface rights, subsurface rights, and air rights. ️True Appurtenances are the rights, privileges, and improvements that go with a transfer of the land, even though they may not be part of it. ️True The physical characteristics of land are immobility, indestructibility, and non-homogeneity. ️True Even though natural disasters may alter its appearance, land is considered to be _____ because it is fixe...

RE - Unit 14: Illinois Real Estate License Law (Review Quiz) with Complete SolutionsRE - Unit 14: Illinois Real Estate License Law (Review Quiz) with Complete SolutionsRE - Unit 14: Illinois Real Estate License Law (Review Quiz) with Complete SolutionsRE - Unit 14: Illinois Real Estate License Law (Review Quiz) with Complete Solutions How many voting members must be real estate brokers or managing brokers for Real Estate Administrative and Disciplinary Board? a. 3 b. 10 c. 9 d. 6 ...

Review quiz chapters 1-6 superior quiz online with complete solutions Which type of estate cannot pass by inheritance? - fee simple estate - fee simple condition subsequent estate - conventional life estate - pur autre vie life estate -Answer-conventional life estate Which of the following liens is/are considered a "specific lien" on real estate? - deed of trust - mechanic's lien - real estate taxes - all of the above -Answer-all of the above Which of the following statements is/a...

Unit 3 Quiz Latest Update Graded A+ Yan is a real estate professional representing a seller who wishes to use their own property measurements for marketing their property. However, Yan knows he is responsible for ensuring the property is measured according to the RMS. Which of the following statements can Yan make to resolve this situation? A) Yan can tell the seller that their measurements may be provided as an additional measurement for the property B) Yan can tell the seller he wil...

Unit 7 Quiz(RECA)correctly answered rated A+ 2023/2024What are Alberta's six natural water sources? A) Surface water, rain water, rivers, river basins, lakes, and wetlands B) Surface water, rivers, river basins, frozen water, lakes, and springs C) Surface water, rivers, river basins, lakes, wetlands, and springs D) Surface water, rivers, river basins, lakes, wetlands, and wells - correct answer C Which of the following statements are correct regarding a Conservation Easement? 1. A Conse...

RECA Quiz Review Questions WITH VERIFIED ANSWERS Which of the following describes a competent real estate professional? A) A real estate professional who agrees to provide services that they are incapable of performing B) A real estate professional who possesses the necessary ability and knowledge to perform an action proficiently C) A real estate professional who represents a client in matters that are beyond their expertise D) A real estate professional who holds a valid author...

Maine Sales Agent Course Quiz #1 Correctly Answered 2024. What powers does the Maine Real Estate Commission have? - correct answer 1. Enforce Real Estate License Law and Rules 2. Discipline Real Estate Licensees 3. Oversight of education programs 4. Issue Licenses What types of licenses does the Maine Real Estate Commission issue? - correct answer 1. Sales Agent 2. Associate Broker 3. Broker 4. Designated Broker (Sometimes referred to as the Broker, DB, Principal Broker, ...

Review quiz chapters 1-6 superior quiz online with complete solutions Which type of estate cannot pass by inheritance? - fee simple estate - fee simple condition subsequent estate - conventional life estate - pur autre vie life estate -Answer-conventional life estate Which of the following liens is/are considered a "specific lien" on real estate? - deed of trust - mechanic's lien - real estate taxes - all of the above -Answer-all of the above Which of the following statements is/a...

Maine Quiz 11. In Maine, a person without a real estate license may: A. Receive a referral fee. B. Receive compensation for finding a buyer for a piece of property. C. Sell a relative's house and receive a fee not to exceed 5%. D. Call bids at a real estate auction. - correct answer Your answer: D. Call bids at a real estate auction. 2. Under Maine law, "real estate brokerage' means: A. The full-time practice of real estate over a two year period. B. To act solely for the client ...