Broker services reports - Study guides, Class notes & Summaries

What type of risk is unique to a specific industry, business enterprise, or investment type? - ANSWER-Nonsystematic risk Under which of the following circumstances is an investor in a position to acquire stock? - ANSWER-Buy a call, sell a call (The holder of a call has the right to buy stock at the strike price if exercised. The seller of a put is obligated to buy stock at the strike price if exercised) Options- a premium - ANSWER-the cost of an option contract, expressed in dollars per sh...

IACCP Master Bank Questions and Answers Latest Updated 2024 The SMC Capital, Inc. No-Action Letter (September 5, 1995) states that trade allocations may occur: A. Only on a rotational basis B. On a pro rata basis but other allocation methods can be used without violating the Advisers Act C. Only on a pro rata basis D. Based on the trader's good faith discretion B. On a pro rata basis but other allocation methods can be used without violating the Advisers Act Which of the following ...

KY Real Estate 2 Already Graded A+ A broker may file a lien against a property A.) only if the client has entered into a written agreement to compensate the broker for brokerage services B.) no later then 30 days before a listing agreement expires C.) only when there is a net listing agreement D.) regardless of whether the broker was able to produce a willing and able buyer for a seller's property ️A A broker's escrow account A.) must be interest bearing B.) may be used f...

Which of the following is NOT a RECA educational resource for industry professionals? - Answer- Spatial Information System (Spin 2) Which entity has the authority to amend the Real Estate Act - Answer- Provincial Legislature Which of the following measures the change in a cost of a fixed basket of goods and services purchased by families over a period of time - Answer- Consumer Price Index (CPI) Which of the following will occur to the supply of a good when there is a change in quantity...

USPAP 15-hour course Questions and Answers 100% Pass The concept of public trust means that an appraiser must act: in the public's interest USPAP establishes standards that are applicable in the appraisal of: real property, intangible property, and personal property Which statement is TRUE regarding The Appraisal Foundation and USPAP enforcement authority? The Appraisal Foundation does not have the authority to enforce the requirements of USPAP. Which entity is responsible for establishing e...

What fines may be imposed by the Commission for rules violations? A maximum of $1,000 for a single offence or $5,000 for multiple violations Charging advance brokerage fees is a duty of a broker. Agency can best be described as a written representation agreement between broker and client. Which is true concerning the Commission Chairperson? He is appointed by the Commission members annually. The Georgia Real Estate Commission is comprised of 6 members appointed by the governor and co...

What fines may be imposed by the Commission for rules violations? - correct answer -A maximum of $1,000 for a single offence or $5,000 for multiple violations Charging advance brokerage fees is - correct answer -a duty of a broker. Agency can best be described as - correct answer -a written representation agreement between broker and client. Which is true concerning the Commission Chairperson? - correct answer -He is appointed by the Commission members annually. The Georgia Real Esta...

1. bank 2. commercial bank 3. savings & loans 4. credit union 5. mortgage broker 6. mortgage banker - 1. bank - full service 2. commercial bank - originate largest amount of loans without using depositor's funds. 3. savings & loans - smaller local banks that use depositors funds to originate residential mortgage loans. AKA savings bank or thrift 4. credit union - takes deposits from members and pay dividends. Offer high interest rates to depositors and low loan rates to borrowers. 5....

Technical skills Skills that include time management, preparing Cmas, and completing contracts. Desk cost Dividing total office expenses by number of sales associates Institutional advertising Advertising that describes the firm, its personnel, and its services. Fixed expense Occupancy costs are an example of what type of expenses? Cash basis accounting What is the most simple type of accounting and is used by most small business taxpayers? 100 sqft What ...

Technical skills Skills that include time management, preparing Cmas, and completing contracts. Desk cost Dividing total office expenses by number of sales associates Institutional advertising Advertising that describes the firm, its personnel, and its services. Fixed expense Occupancy costs are an example of what type of expenses? Cash basis accounting What is the most simple type of accounting and is used by most small business taxpayers? 100 sqft What ...