Mn salesperson state - Study guides, Class notes & Summaries

MN Real Estate Exam Already Rated A+ Real Estate Agency What are the four forms of agency relationships in real estate? Options: a. Seller's Agent, Buyer's Agent, Dual Agent, Facilitator; b. Listing Agent, Buyer's Agent, Real Estate Broker, Property Manager; c. Realtor, Real Estate Agent, Real Estate Broker, Property Owner; d. Agent, Broker, Facilitator, Consultant Answer: a. Seller's Agent, Buyer's Agent, Dual Agent, Facilitator; When must the agency disclosure form be provided...

Chapter 03 Extent of Real Estate Interests TRUEFALSE 1. Land ownership includes air rights and subsurface rights. (A) True (B) False Answer : (A) 2. Air rights and subsurface rights cannot be conveyed independently. (A) True (B) False Answer : (B) 3. Because a landowner owns the airspace above the land, air travel through that airspace is prohibited. (A) True (B) False Answer : (B) 4. A column lot is the space between the earth's surface and an imaginary plane 23' above the surface. ...

TEST BANK for Canadian Income Taxation Planning and Decision Making, 25th Edition by William Buckwold, Joan Kitunen, Matthew Roman, Abraham Iqbal CHAPTER 1 1) Which of the following is not considered to be a separate entity for tax purposes in Canada? A) An individual B) A proprietorship C) A corporation D) A trust 2) Which of the following attitudes and actions is most likely to help decision-makers develop an efficient approach to taxation? A) Cash flows should be considered from a...

TEST BANK for Canadian Income Taxation Planning and Decision Making, 25th Edition by William Buckwold, Joan Kitunen, Matthew Roman, Abraham Iqbal CHAPTER 1 1) Which of the following is not considered to be a separate entity for tax purposes in Canada? A) An individual B) A proprietorship C) A corporation D) A trust 2) Which of the following attitudes and actions is most likely to help decision-makers develop an efficient approach to taxation? A) Cash flows should be considered from a...

TEST BANK for Canadian Income Taxation Planning and Decision Making, 25th Edition by William Buckwold, Joan Kitunen, Matthew Roman, Abraham Iqbal CHAPTER 1 1) Which of the following is not considered to be a separate entity for tax purposes in Canada? A) An individual B) A proprietorship C) A corporation D) A trust 2) Which of the following attitudes and actions is most likely to help decision-makers develop an efficient approach to taxation? A) Cash flows should be considered from a...

TEST BANK for Canadian Income Taxation Planning and Decision Making, 25th Edition by William Buckwold, Joan Kitunen, Matthew Roman, Abraham Iqbal CHAPTER 1 1) Which of the following is not considered to be a separate entity for tax purposes in Canada? A) An individual B) A proprietorship C) A corporation D) A trust 2) Which of the following attitudes and actions is most likely to help decision-makers develop an efficient approach to taxation? A) Cash flows should be considered from a...

Version 1 1 CHAPTER 1 1) Which of the following is not considered to be a separate entity for tax purposes in Canada? A) An individual B) A proprietorship C) A corporation D) A trust 2) Which of the following attitudes and actions is most likely to help decision-makers develop an efficient approach to taxation? A) Cash flows should be considered from a before-tax perspective when making decisions. B) Functional managers should not be held responsible for the tax effects of decisions ...

TEST BANK for Canadian Income Taxation Planning and Decision Making, 25th Edition by William Buckwold, Joan Kitunen, Matthew Roman, Abraham Iqbal CHAPTER 1 1) Which of the following is not considered to be a separate entity for tax purposes in Canada? A) An individual B) A proprietorship C) A corporation D) A trust 2) Which of the following attitudes and actions is most likely to help decision-makers develop an efficient approach to taxation? A) Cash flows should be considered from a...

Real Estate Exam Review (MN and National) Title Insurance Why is a title attorney's opinion of title important? Options: a. To determine the market value of a property; b. To verify the ownership of a property; c. To remove clouds on title; d. To provide insurance for the property Answer: c. To remove clouds on title; What is a title insurance policy? Options: a. A type of mortgage; b. A type of deed; c. A type of insurance policy; d. A type of appraisal Answer: c. A type of ins...

MN Real Estate State Test Practice Guaranteed Success Real Estate Contracts To remove a lien associated with a contract, what must Carmen do? Options: a. File a lawsuit against the Navarreses; b. Deliver a lien waiver to the Navarreses; c. Negotiate with the Navarreses to settle the debt; d. Seek mediation with a neutral third party Answer: b. Deliver a lien waiver to the Navarreses; Minnesota Real Estate What might qualify for reimbursement from the Minnesota Petroleum Tank Releas...