Disclosure reciprocity - Study guides, Class notes & Summaries

Real Estate Gold Coast test 2023 |UPDATED 2024!!! Prorating Rent paid in advance monthly rent collected by the seller for the month must be divided between seller and buyer Areas of expert knowledge required for all real estate licensees? 1. Property Transfer 2. Valuation 3. Marketing (Not accounting or construction) Real estate licensees can perform valuations under the real estate license law if the valuation is not to be used _________. in a federally related transation ...

MARYLAND REAL ESTATE EXAM PREP VERIFIED SOLUTIONS A broker who represents both buyer and seller in the same transaction must appoint two intra-company agents. ️true A man owns several acres of Maryland land located along the banks of a navigable river. What is an example of his riparian rights in the situation? ️He may build a pier out into the river, subject to state and federal laws A salesperson cannot be a team leader ️TRUE a team leader ️The team leader is chosen by the me...

NYREI Exam Questions and Answers Latest Update 2024/2025 (100% Correct) Which article of real property law deals with licensees? Article 12A Which article of real property law deals with real estate transactions, such as zoning, subdivisions, easements, and the like? Article 9A Which article of real property is is a proceeding known as a "suit to Quiet Title"? Article 14 What does section 443 of Article 12A deal with? disclosure issues Which federal agency is not involved with real es...

What does social loafing refers to? - ANSWER-Tendency for people to exert less effort when working in groups than when working alone. Individuals who believe that the death penalty should be abolished meet to discuss the issue. What does research on group interaction suggests about the views of the individuals after the discussion? - ANSWER-Even more convinced that the death penalty should be abolished. Anton is the only juror to favor acquittal on a murder trial. What should he do to infl...

What is the name given to the Illinois license laws under which real estate brokers practice? - Answer- Real Estate License Act of 2000 Practicing real estate without a license, and could result in being fined up to what? - Answer- $25,000 per event. How long must real estate brokers keep records in Illinois? - Answer- 5 Years. The ruling of Chicago Bar Association, et al. v. Quinlan and Tyson, Inc has to deal with what? - Answer- Placing certain limitations on real estate licensees in ...

NYREI Exam( question and answers )graded A+ 2023 UPDATEDWho is responsible for the administration of licensing? - correct answer Secretary of State Which article of real property law deals with licensees? - correct answer Article 12A Which article of real property law deals with real estate transactions, such as zoning, subdivisions, easements, and the like? - correct answer Article 9A Which article of real property is is a proceeding known as a "suit to Quiet Title"? - correct answer...

*Rules for the State Board of Examiners of Psychologists - consists of 6 members appointed by the governor (5 psychologists, 1 public member) - annually at the 1st meeting of the fiscal yr the board elects a president and VP to serve until successor has been elected - all board members term a term of 5 years and until successor appointed -must hold 1 regular meeting per year, president can call additional meetings or 2 board members can make a written request for a meeting - Board is admini...

Illinois Leasing Agent License Exam Questions With 100% Correct Answers What is the name given to the Illinois license laws under which real estate brokers practice? - answerReal Estate License Act of 2000 Practicing real estate without a license, and could result in being fined up to what? - answer$25,000 per event. How long must real estate brokers keep records in Illinois? - answer5 Years. The ruling of Chicago Bar Association, et al. v. Quinlan and Tyson, Inc has to deal with what? - ...

Alaska State Real Estate Exam Latest Update Graded A If the Alaska real estate commission directs the investigator to conduct an unannounced trust account audit a broker may request a 24 hour delay To meet schedule obligations but the records to be audited must be sealed by the investigator and unavailable to the broker during that time In Alaska who of the following would need to be a licensed real estate broker or sales person Person who employs fewer than three apartment licenses. In Alask...

Who is responsible for the administration of licensing? - ANSWER Secretary of State Which article of real property law deals with licensees? - ANSWER Article 12A Which article of real property law deals with real estate transactions, such as zoning, subdivisions, easements, and the like? - ANSWER Article 9A Which article of real property is is a proceeding known as a "suit to Quiet Title"? - ANSWER Article 14 What does section 443 of Article 12A deal with? - ANSWER disclosure issue...