Asreb practice exam - Study guides, Class notes & Summaries
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ASREB Practice Exam Questions With 100% Correct Answers.
- Exam (elaborations) • 14 pages • 2023
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ASREB Practice Exam Questions With 100% Correct Answers.
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ASREB Practice Exam Questions with Verified Answers
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ASREB Practice Exam Questions with 
 
Verified Answers 
 
A 3.45-acre lot sells for 50 cents per square foot. What was the selling price? 
a. $37,570 
b. $75,141 
c. $76,230 
d. $78,712 b. $75,141 
 
A blind ad refers to an ad that 
a. provides no price 
b. provides no address 
c. gives no indication that the property is listed with a broker 
d. gives no indication that the property has been sold or not c. gives no indication that the 
property is listed with a broker 
 
A borrower is required t...
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ASREB Practice Exam, Sessions 1-18 Study Guide Latest Version Graded A+
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ASREB Practice Exam, Sessions 1-18 
Study Guide Latest Version Graded A+ 
 
'THE TEST' STUDY GUIDE 
 
Which of the following is in the proper order of occurence Lis pendens, judgement, 
execution 
 
'THE TEST' STUDY GUIDE 
 
A closing disclosure would be used in Residential housing 
 
'THE TEST' STUDY GUIDE 
 
A contract based on illegal consideration is Void 
 
'THE TEST' STUDY GUIDE 
 
A contract of adhesion would refer to Standard 'take it' or 'leave it' contract 
 
'THE TEST' S...
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ASREB Practice Exam Questions with 100% Correct Solutions
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ASREB Practice Exam Questions with 
100% Correct Solutions 
A 3.45-acre lot sells for 50 cents per square foot. What was the selling price? 
a. $37,570 
b. $75,141 
c. $76,230 
d. $78,712 - Correct Answer ️️ -b. $75,141 
A blind ad refers to an ad that 
a. provides no price 
b. provides no address 
c. gives no indication that the property is listed with a broker 
d. gives no indication that the property has been sold or not - Correct Answer ️️ -c. 
gives no indication that the property i...
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ASREB Practice Exam Questions and Answers Latest (2024 / 2025) (Verified Answers)
- Exam (elaborations) • 46 pages • 2024
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ASREB Practice Exam Questions and Answers Latest (2024 / 2025) (Verified Answers)
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ASREB Practice exam; Questions and Answers 100% Verified
- Exam (elaborations) • 20 pages • 2024
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ASREB Practice exam; Questions and Answers 100% 
Verified 
Formula for finding property value when you have the net operating income and cap rate 
 Answer-Current market value(CMV)= NOI/ cap rate 
Example: CMV=$5.480/ .08(8%) =$68,500 
When would IRS form 1099S be used? Answer-Report sales price 
What's a 1099s forms Answer-Known as an "information return. The form the federal 
government requires to be filed when selling real estate. If you sold any real property during the 
course of the ...
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ASREB Practice Exam, Sessions 1-18, Study Guide with Complete Solutions
- Exam (elaborations) • 91 pages • 2024
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ASREB Practice Exam, Sessions 1-18, Study 
Guide with Complete Solutions 
ASREB - Correct Answer ️️ - 
A 3.45-acre lot sells for 50 cents per square foot. What is the selling price? 
A) $37,570 
B) $75,141 
C) $76,230 
D) $78,712 - Correct Answer ️️ -B 
3.45 acres x 43,560 = 150,282 SF 
150,282 SF x $0.50 = $75,141 
A blind ad refers to an ad that 
A) provides no price. 
B) provides no address. 
C) gives no indication that the property is listed with a broker. 
D) gives no indication tha...
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ASREB Practice Exam Questions and Answers Latest (2024 / 2025) (Verified Answers)
- Exam (elaborations) • 25 pages • 2024
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ASREB Practice Exam Questions and Answers Latest (2024 / 2025) (Verified Answers)
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ASREB Practice Exam, Sessions 1-18, Study Guide; Questions and Answers 100% Verified
- Exam (elaborations) • 108 pages • 2024
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ASREB Practice Exam, Sessions 1-18, Study Guide; 
Questions and Answers 100% Verified 
ASREB AnswerA 3.45-acre lot sells for 50 cents per square foot. What is the selling price? 
A) $37,570 
B) $75,141 
C) $76,230 
D) $78,712 Answer-B 
3.45 acres x 43,560 = 150,282 SF 
150,282 SF x $0.50 = $75,141
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ASREB Practice Exam Questions and Answers with complete solution
- Exam (elaborations) • 23 pages • 2024
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A 3.45-acre lot sells for 50 cents per square foot. What was the selling price? 
a. $37,570 
b. $75,141 
c. $76,230 
d. $78,712 - Answer-b. $75,141 
A blind ad refers to an ad that 
a. provides no price 
b. provides no address 
c. gives no indication that the property is listed with a broker 
d. gives no indication that the property has been sold or not - Answer-c. gives no indication that the 
property is listed with a broker 
A borrower is required to put 10% down for the purchase of a propert...
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