45 hour post licensing - Study guides, Class notes & Summaries

A married couple have prequalified for a $240,000 conventional mortgage. If they put 20% down, they can buy a house for - correct answer $300,000 What facts need not be disclosed in a real estate transaction? - correct answer The property was the site of a homicide. What is a good graphic to show a seller that there will be more activity if the property is competitively priced? - correct answer The pricing pyramid A home sells for $310,500. Expenses of the sale are $4,800. The brokerage...

45 Post Licensing Course QUESTIONS & ANSWERS 2023 ( A+ GRADED 100% VERIFIED)

Single Agent - ANSWER A broker who represents either the seller or the buyer in a real estate transaction, but not both. single agent notice - ANSWER A disclosure form informing the principal of the duties of his single agent. appraising - ANSWER The process of estimating the market value of property. principal - ANSWER (1) The person who enters into a fiduciary relationship with a single agent licensee. (2) The amount of money remaining due on a mortgage loan. buyer brokerage agreem...

Which is NOT permitted under the do-not-call rules? - ANSWER Using the registry to find prospects for marketing calls Which term is found in the Junk Fax Protection Act? - ANSWER Established business relationship A sales associate must give a brokerage relationship disclosure to a customer when selling - ANSWER a residential condominium as a single agent A person who wants to be a certified lead paint renovator must - ANSWER successfully complete an 8-hour training course offered by an ...

Single Agent - ANSWER A broker who represents either the seller or the buyer in a real estate transaction, but not both. single agent notice - ANSWER A disclosure form informing the principal of the duties of his single agent. appraising - ANSWER The process of estimating the market value of property. principal - ANSWER (1) The person who enters into a fiduciary relationship with a single agent licensee. (2) The amount of money remaining due on a mortgage loan. buyer brokerage agreem...

45 Hour Post Licensing Exam Study Guide with complete verified solutions .

A contract that violates a rule intended for the protection of private parties, as when a party lacked capacity or did not give free consent at the time the contract was made is said to be: - Answer - relatively null If a court is called upon to determine the intent of the parties to a contract based upon the language in the contract, the court will interpret the contract _____ the party that did not draft it. - Answer - in favor of Another, more common, name for a mandate or procuration...

Which is NOT permitted under the do-not-call rules? - ANSWER Using the registry to find prospects for marketing calls Which term is found in the Junk Fax Protection Act? - ANSWER Established business relationship A sales associate must give a brokerage relationship disclosure to a customer when selling - ANSWER a residential condominium as a single agent A person who wants to be a certified lead paint renovator must - ANSWER successfully complete an 8-hour training course offered by an ...

Real Estate 45 Hour Post Licensing AccuratSingle Agent - ANSWER A broker who represents either the seller or the buyer in a real estate transaction, but not both. single agent notice - ANSWER A disclosure form informing the principal of the duties of his single agent. appraising - ANSWER The process of estimating the market value of property. principal - ANSWER (1) The person who enters into a fiduciary relationship with a single agent licensee. (2) The amount of money remaining due on ...

45 Hour Post Licensing Exam Guide Questions and CORRECT Answers Which is NOT permitted under the do-not-call rules? - Correct ANSWER- Using the registry to find prospects for marketing calls Which term is found in the Junk Fax Protection Act? - Correct ANSWER- Established business relationship A sales associate must give a brokerage relationship disclosure to a customer when selling - Correct ANSWER- a residential condominium as a single agent A person who wants to be a certified lead...