Leasing exam Study guides, Class notes & Summaries

ILLINOIS REAL ESTATE LEASING EXAM 2024 Acceptance By Ratification - correct answer The acceptance of lease terms that occurs when a tenant takes possession of the property but does not sign a lease. This form of acceptance is recognizable by the courts. Accord and Satisfaction - correct answer When all parties have agreed to a change in one or more of the terms of a contract Actual Eviction - correct answer Court action initiated by the lessor to have a tenant removed from the premis...

Leasing Exam Questions with Correct Answers

Illinois Real Estate Leasing Exam Prep with Complete SolutionsIllinois Real Estate Leasing Exam Prep with Complete SolutionsIllinois Real Estate Leasing Exam Prep with Complete SolutionsIllinois Real Estate Leasing Exam Prep with Complete SolutionsIllinois Real Estate Leasing Exam Prep with Complete SolutionsIllinois Real Estate Leasing Exam Prep with Complete SolutionsAcceptance By Ratification - ANSWERThe acceptance of lease terms that occurs when a tenant takes possession of the property but ...

Nevada State Real Estate Final Exam Questions and Answers Already Passed A consumer filed a complaint with the Nevada Real Estate Division claiming that Salesman Jones lied about the location of a proposed freeway. Upon receiving the complaint: a the Nevada Department of Highways will be contacted by the Division. b the Administrator will appoint a Hearing Officer. c the complaint will be turned over to the Department of Consumer Affairs. d the Administrator will initiate an investigati...

Wisconsin Auto Sales License Exam Questions and Answers (Graded A) What aren't you allowed to do while advertising - ANSWER ️️ use deceptive or misleading advertising to induce price What terms cannot be used when discussing trade in allowance? - ANSWER ️️ - We will pay up to - appraise your own vehicle - as much as what wording can you NOT use in advertisements unless the dealership is going out of business - ANSWER ️️ - close out - last of remaining Do you always have to...

Illinois Real Estate Leasing Exam Prep Questions With Correct Answers.

Leasing Agent Exam Questions With 100% Correct Answers The statue of fraud in Illinois states: a. All leases must be in writing. b. Leases for less than a year are enforceable if oral, even if they cannot be completed within a year of their making. C. Contracts entered into by minors are void. d. That leases for more than a year or that cannot be completed within a year of their making must be in writing to be enforceable. - answera. All leases must be in writing. George rents an apart...

Illinois Leasing Exam 2024 Marking Scheme Highest and Best Use - Answer -The highest and best use of land can change over time but can only be one thng at a time. Generally this is the use that will make it most valuable What does the highest and best use entail? - Answer -1. Preserve the land utility 2. Provide the highest income 3. Result in the highest present value What does a deed transfer? - Answer -real property What does a bill of sale transfer? - Answer -personal property ...

PSI Real Estate Exam (MD State Portion) Latest 2023 Graded A+ Real Estate brokerage is govern by: 1. Satutory Law - Brokers Act "Title 17" 2. Administrative Law - Code of Maryland Regulations (COMAR) Regulation is enacted and enforced by MD Real Estate Commission (MREC) Brokerage Services: For consideration: - *Selling, buying, exchanging, or leasing* any real estate or collecting rent - Assisting to *locate/obtain* for purchase/lease any residential real estate - Serving as a consultant En...

Leasing Exam - Hard Questions and Answers 100% Correct Leasing Exam - Hard Questions and Answers 100% Correct Leasing Exam - Hard Questions and Answers 100% Correct Leasing Exam - Hard Questions and Answers 100% Correct What agreement chooses termination? - ANSWERemployment ______________ records go into NON INTEREST BEARING accounts unless discussed otherwise. - ANSWEREscrow When must all escrow money accepted by the sponsoring broker be placed in the sponsoring bro...