Metro broker - Study guides, Class notes & Summaries

Metro Broker Academy Final Practice Test 2023 with complete solution

How does a broker prove they are not culpable if an agent makes a mistake? - Ans️️1. Reasonable supervision was available to agent 2. Broker had nothing to do with the infraction 3. The broker did not ratify the infraction (Did not see it happen without telling them to stop) What are Trade fixtures and how can they be removed? - Ans️️Trade fixture - item of personal property attached to land or building leased by a tenant who uses the item in a trade or business - Can be removed ...

Metro Broker Academy Final Practice Test | Questions and Correct Solutions | Latest Update 2024/2025 | Graded A+ 1) What is your take-home from a if the total commission for the sale was 6%, which equaled $13,545.00 if you have a 70/30 split with your broker? a) $6772.50 b) $4740.75 c) $3254.76 d) $6000.00 - Answer -b) $4,740.75 Assuming there is a co-broker involved with a 50/50 $13,545.00 / 2 = $6,772.50 (this is the amount split W/your broker) $6,772.50 X 70% = $4,740.752) What i...

GA RE Metro broker exam questions and answers with complete solution

Metro Broker Academy Final Practice Test 2023(Metro Broker Academy Final Practice Test 2023) Questions With Complete Solutions.

1) What is your take-home from a if the total commission for the sale was 6%, which equaled $13,545.00 if you have a 70/30 split with your broker? a) $6772.50 b) $4740.75 c) $3254.76 d) $6000.00 - b) $4,740.75 Assuming there is a co-broker involved with a 50/50 $13,545.00 / 2 = $6,772.50 (this is the amount split W/your broker) $6,772.50 X 70% = $4,740.75 2) What is a CAM license for? a) Listing property b) Managing apartment building c) Managing building projects d) Manager of a su...

GA RE Metro broker exam| QUESTIONS & ANSWERS | VERIFIED & UPDATED | 2024 How does a broker prove they are not culpable if an agent makes a mistake? - Ans️️ 1. Reasonable supervision was available to agent 2. Broker had nothing to do with the infraction 3. The broker did not ratify the infraction (Did not see it happen without telling them to stop) What are Trade fixtures and how can they be removed? - Ans️️ Trade fixture - item of personal property attached to land or building le...

GA RE Metro broker Exam Questions With 100% Verified Answers How does a broker prove they are not culpable if an agent makes a mistake? - answer1. Reasonable supervision was available to agent 2. Broker had nothing to do with the infraction 3. The broker did not ratify the infraction (Did not see it happen without telling them to stop) What are Trade fixtures and how can they be removed? - answerTrade fixture - item of personal property attached to land or building leased by a tenant who ...

A Restaurant owner installed booths in a small shop. Later he decided to move to a bigger location. Can he take the booths and save some money? a. No, the booths are attached to the building b. Maybe, depends how he attached the booths c. Yes, the booths are trade fixtures and can be removed prior to the end of the lease. d. Yes, the booths are trade fixtures and can be removed any time e. No, the booths are fixtures since they are attached. - c. Yes, the booths are trade fixtures and can ...

1) What is your take-home from a if the total commission for the sale was 6%, which equaled $13,545.00 if you have a 70/30 split with your broker? a) $6772.50 b) $4740.75 c) $3254.76 d) $6000.00 - ANS b) $4,740.75 Assuming there is a co-broker involved with a 50/50 $13,545.00 / 2 = $6,772.50 (this is the amount split W/your broker) $6,772.50 X 70% = $4,740.75 2) What is a CAM license for? a) Listing property b) Managing apartment building c) Managing building projects ...