Indiana real estate Study guides, Class notes & Summaries

Cedric helps his neighbor sell his home by assisting with negotiations. He receives no compensation for his assistance. Based on this one transaction, Cedric ______. - Answer-Doesn't need a real estate license Which one of these activities does NOT require a real estate license in Indiana? - Answer-Charging a homeowner to landscape before the home is put up for sale Which of the following individuals is exempt from needing an Indiana real estate license? - Answer-Rachel's friend wants to...

Law that regulates Indiana real estate - Answer-title 876 who gives license - Answer-the Indiana real estate commission sanction - Answer-a disciplinary action imposed by the real estate regulatory board against a violator of real estate law probation - Answer-a sanction that requires the practitioner to meet the designated requirements to terminate the probation status Suspension - Answer-prohibits practice for a period of time summary suspension - Answer-90-day license suspensio...

Indiana Real Estate Exam Prep Review With Complete Solutions (Answers Verified)

Indiana Real Estate Exam Prep Review Graded A+ Land ️Surface and all natural things attached to it, subsurface and air above the surface Zoning Administration ️Zoning Board of Adjustment oversees rule administration and appeals Real estate ️land plus manmade permanent attachments Real property ️real estate plus bundle of rights Bundle of Rights ️Possess Use Transfer Exclude Encumber Physical Characteristics ️Immobility; indestructibilit; hetoerogeneity Immobility ️Lan...

Indiana Notary Public Questions and Answers Already Passed What is a notary public? A public official authorized to attest to the authenticity of signatures. What are the four basic components of a notary public? law abiding, bonded, impartial, public official. What are a notary's key functions? To acknowledge and witness the signing of documents and administer oaths and affirmations related to the signing of important documents. How much of a bond do you have to have before receiving IN Not...

Indiana Real Estate Exam Questions and Answers 100% Pass The ____ is fully responsible for the actions preformed in the course of real estate business by all persons licensed under ______. - Answer- Broker, Broker The _____ can carry out ONLY those responsbilties assigned by employing ____. - Answer- Salesperson, broker A salesperson can receive ______ ONLY from that broker. - Answer- compensation A salesperson has _______ to make contracts with or ______ from any other party. - Answer- ...

Land - Answer-Surface and all natural things attached to it, subsurface and air above the surface Zoning Administration - Answer-Zoning Board of Adjustment oversees rule administration and appeals Real estate - Answer-land plus manmade permanent attachments Real property - Answer-real estate plus bundle of rights Bundle of Rights - Answer-Possess Use Transfer Exclude Encumber Physical Characteristics - Answer-Immobility; indestructibilit; hetoerogeneity Immobility - Answer-Land cannot mov...

Land - correct answer Surface and all natural things attached to it, subsurface and air above the surface Zoning Administration - correct answer Zoning Board of Adjustment oversees rule administration and appeals Real estate - correct answer land plus manmade permanent attachments Real property - correct answer real estate plus bundle of rights Bundle of Rights - correct answer Possess Use Transfer Exclude Encumber Physical Characteristics - correct answer Immobility; indestructib...

Indiana Real Estate Exam Questions With Complete Solutions

Indiana Real Estate Exam Questions With Complete Solutions