A broker acting as p - Study guides, Class notes & Summaries

A 3.45-acre What is the selling price? lot sells for so cents per square foot. A. 537,570 B. $75,141 C. 576,230 D. $78,712 correct answers B A blind ad refers to an ad that: A. provides no price. B. provides no address. C. gives no with a broker. indication that the property is listed D. gives no been sold or not indication that the property has correct answers C purchase of a property. A borrower is required to put 10% down The 10% down for the considered would be A equit...

NY Life, Accident, and Health Insurance Agent/Broker Exam Series 17-55| 200 QUESTIONS| ANSWERS GRADED A NY Life, Accident, and Health Insurance Agent/Broker Exam Series 17-55| 200 QUESTIONS| ANSWERS GRADED A Process 2103 (d-i) 1. The Superintendent may issue a license to any person, firm or corporation who has complied with the requirements of the Insurance Code, authorizing the licensee to act as agent of any authorized insurer. Every individual applicant for a license under this s...

NY Life, Accident, and Health Insurance Agent/Broker Exam Series 17-55| 200 QUESTIONS| ANSWERS GRADED A NY Life, Accident, and Health Insurance Agent/Broker Exam Series 17-55| 200 QUESTIONS| ANSWERS GRADED A Process 2103 (d-i) 1. The Superintendent may issue a license to any person, firm or corporation who has complied with the requirements of the Insurance Code, authorizing the licensee to act as agent of any authorized insurer. Every individual applicant for a license under this s...

Arkansas Real Estate Law Mid-Term Graded A In a timely manner ️A licensee is representing the seller solely in a real estate transaction. When must the agent disclose his or her agency relationship to the prospective buyer? At first contact ️A licensee is representing the buyer solely in a real estate transaction. When must the agent disclose his or her agency relationship to the seller or the agent of the seller? No, not without written consent from the seller for dual representat...

Anything that is fastened or attached to real property permanently is considered to be: -:- Real Property A quitclaim deed releases all present claims, rights and title of the: -:- Grantor When a creditor wants to satisfy a judgement which was levied against another person, the creditor would: -:- Obtain a writ of execution Before a mechanics lien is effective it must be: -:- Verified and recorded Discrimination by a real estate licensee based on race is: -:- A violation of the r...

Maine Real Estate License Practice Exam part 2 Questions and Answers 65 Marsha and Paula both work for Undertow Realty in Castine. The Designated Broker has decided to practice appointed agency at Undertow Realty. Marsha is the appointed agent to the seller at 68 Puffin Lane. Paula is appointed to the buyers. Which of the following statements is true? a. Marsha and Paula both work for Undertow Realty, therefore they are in dual agency and must disclose that fact, in writing to both the se...

Colibri Real Estate (Real Estate Express) Final Exam Review 2023 Broker Jane has been accused of a law violation regarding commissions. Which of the following might result in her being found guilty? A) Jane paid a commission to her licensed personal assistant. B) Jane paid a commission to the wife of one of her licensees who was recently killed in an auto accident. The deceased licensee had earned the commission prior to his death. C) Jane paid a commission plus a bonus to one of her lic...

When acting as a property manager for a Principal, the brokerage relationship is which of the following? : Exclusive agency Every licensee must meet disclosure requirements to any client. Disclosure must include which of the following? : Disclosure of any conflict of interest, description of licensed broker duties, notice of an in-house transaction - all of these Which duties below are owed to an agent client but not owed to the transaction broker's client or Customer? : Loyalty an...

NY Life, Accident, and Health Insurance Agent/Broker Exam Series 17-55| 200 QUESTIONS| ANSWERS GRADED A Process 2103 (d-i) 1. The Superintendent may issue a license to any person, firm or corporation who has complied with the requirements of the Insurance Code, authorizing the licensee to act as agent of any authorized insurer. Every individual applicant for a license under this section and every proposed sub-licensee must be 18 years of age or older at the time of issuance of such lic...

CHAMPIONS SCHOOL OF REAL ESTATE LAW OF AGENCY QUESTIONS AND COMPLETE WELL EXPLAINED ANSWERS WITH RATIONALE 100% CORRECT AND VERIFIED BY EXPERTS GRADED A+ LATEST UPDATE 2024 (SUCCESS GUARANTEED]ALL YOU NEED TO PASS YOUR EXAMS What form must an agent provide to a potential client at the first substantive discussion of a real estate transaction IABS In real estate, an example of a general agent would be a(n) _____________ property manager when an agent and potential party enter into a _______...