All licensees - Study guides, Class notes & Summaries

KY real estate final exam practice question and answers 2023 verified to passwhat happens with a Judicial foreclosure? - correct answer the mortgaged property is sold under the supervision of a court broker Dean realizes he has relocation buyers. What is something he should focus on with these buyers? - correct answer finding a property with good resale value real estate licensees should know enough about building ordinances to be able to... - correct answer alert clients of potential prob...

Texas Promulgated Contracts-CHAMPIONS STUDY 2022-2023. The elements of a valid contract are, competent parties, consideration, legal subject matter, in writing, and ___________. (a) Default (b) Mutual consent (c) Property condition (d) Recording A(n) __________________ contract is defined as a contract that is binding on the parties, with one or more of the parties having contractual duties that have not yet been performed. (a) Executory (b) Executed (c) Bilatera...

WRA EXAM QUESTIONS WITH CERTIFIED SOLUTIONS The WB-11 Residential Offer to Purchase describes which of the following as the way an earnest money payment should be handled as a result of a sale involving cooperating firms? The selling licensee should have all earnest money checks paid directly to the listing firm... Explanation: The Earnest Money section of the offer states: "Unless otherwise agreed, earnest money shall be paid to and held in the trust account of the listing broker." An appra...

A licensee may accept compensation from: - ANSWER-The licensees employing broker only When a licensee uses a licensee buyout addendum you are putting the seller on notice that: - ANSWER-The buyer is a licensee, the buyer may make a profit and the seller may incur a loss. When must a listing broker disclose to a potential buyer the broker's working relationship with the seller? - ANSWER-In writing before receiving or eliciting confidential information Agent Mike is the broker owner of A...

California Real Estate Principles - Questions and Answers Already Passed (1) 1. The Real Estate Law is found in the a. Licensing Code b. Business and Professions Code c. Health and Safety Code d. Corporations Code Business and Professions Code (1) 2. The Real Estate Commissioner reports to the a. California Bureau of Real Estate b. governor c. Real Estate Advisory Commission d. legislature governor (1) 3. Salesperson Sam owns 25% of the outstanding shares of Rollo Realty, I...

WI State Laws, Cosmetology/Esthetics Questions and Answers Already Passed Someone who practices barbering and cosmetology. Barber / Cosmetologist Barbering and cosmetology _____________ board. Examining Someone who is responsible for supervising and managing the operation of an establishment. Manager A person who practices manicuring and holds a valid license. Manicurist Cleansing, cutting, shaping, beautifying or massaging to hands and feet or nails for compensation are all pa...

Can an applicant who fails the examination on the first attempt submit a re-examination application to the Board to be made eligible to test a second time? yes An applicant who fails the examination on the second attempt must submit the following before being made eligible to test a third time: 1. Copy of his/her "Examination Performance Feedback Report" obtained from FSBPT and pay all costs associated w/acquiring the report 2. A remediation plan addressing weakness/failure 3. Proof...

A licensee was showing property in an eight-unit complex to a prospective tenant using a motorized wheelchair. The tenant wanted to rent a unit, install grab bars in the bathroom, and lower all the door handles. The landlord... - Must allow the tenant to make the modifications at the tenants expense, but can require, by the terms of the lease, restoration of the property Which of the following is the best description of a fee simple estate? - The most complete ownership in property that one...

Nevada State Board License Exam for Esthetics A drinking fountain, cooler, or refreshment center can be located in the restroom of a cosmetological establishment. - False All chemical waste material must be deposited: - In a closed container and disposed of in a fire-retardant container at the close of each business day. Waste disposal containers must be kept: - Clean Each cosmetological establishment must have permanent plumbing which: - Provides hot and cold running water at ...

Gold Coast Real Estate Final Exam Questions and Answers Latest Update 2024 (Graded) Real Estate Brokerage (Ch. 1) - Answer- A business in which real estate-related activities are performed under the authority of a licensed real estate broker Farming (Ch. 1) - Answer- concentrating on one type or style of property in one particular area of neighborhood Property Transfer, Valuation & Marketing (Ch. 1) - Answer- areas of expert knowledge that are required for all real estate licensees Residen...