Bob hogue real estate - Study guides, Class notes & Summaries

BOB HOGUE REAL ESTATE CLASS TEST EXAM 2024/2025

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Bob Hogue Real Estate Questions and Answers Already Passed What is the “fair housing act” designed to prevent in real estate transactions? Discrimination based on race, color, religion, sex, national origin, disability, or familial status. What is a “listing agreement” in real estate? A contract between a property owner and a real estate broker authorizing the broker to find a buyer for the property. What is a “mortgage contingency” in a real estate purchase contrac...

Bob Hogue Real Estate Class Test Questions and Answers Already Passed What is the penalty for practicing real estate without a license in Florida? It is considered a third-degree felony. What must happen for a contract to be considered legally enforceable in real estate? The contract must have an offer, acceptance, consideration, and be in writing if required by the Statute of Frauds. How many days does a buyer have to cancel a new residential condominium contract after signing? ...

Absentee Owner - A property holder who does not reside on the property and who usually relies on a property manager to manage the investment. Appraisal - The process of developing and communicating an estimate of a property's Appraiser - Appraisers charge a fee based on the time and difficulty of the appraisal assignment and are not paid commission. Broker Price Opinion (BPO) - A broker's written opinion of the value of a particular property that may not be used in connection with the or...

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Bob Hogue Real Estate Class Test|521 Complete Questions and Answers

Unit 1 Bob Hogue Real Estate | 67 Questions and Answers | Updated