Real estate appraising - Study guides, Class notes & Summaries

GOLD COAST REAL ESTATE EXAM One type of a residential sales transaction involves the sale of any improved residential property of (________) units or less Four The term __________ is registered trademark of the National Association of Realtors and may be used only by members of the organization Realtor Most real estate licensees are involved in ______________ brokerage Residential An estimate of the value of property developed by a real estate licensee for use in listing or se...

National USPAP Course Exam The Appraisal Foundation has the authority to enforce the requirements of USPAP. - Correct answer-False Currently, the boards within the Appraisal Foundation include: - Correct answerAppraisal Standards Board, Appraisal Qualifications Board, Board of Trustees Which Foundation board is responsible for USPAP? - Correct answer-Appraisal Standards Board Qualification criteria for appraiser certification and recertification are disseminated to state appraisal boards ...

Pearson Vue Test Questions and answers, 100% Accurate, Graded A+. Approved. Which of the following terms BEST describes personal property that, by its attachment to real property, is regarded as real estate? A. Emblements B. Personality C. Fixtures D. Appliances - -C A salesperson who completes a written listing agreement with a seller is helping to create a contractual relationship between the: A. salesperson and the seller B. salesperson and the buyer C. sal...

Licensing - Renewals/ Termination Etc - ️️Brokers license renews by 6/30 of even years ($50) Salesp must renew by 9/30 of even years ($40) -2 yrs salesperson before broker - broker must notify MREC within 72 hours of termination - Salesperson has 6 months to find new broker or place on inactive - Listings belong to broker (transfer req written consent) - "Dual Contracts" to deceive lender = federal offense MO Admin Hearing Commission (MAHC) - ️️Determines guilt/innocence; i...

Real estate sale associate pre license course exam prep (GOLD COAST HIGHLIGHTS) Questions and Answers 100% Correct Farming - Correct Answer ️️ -licensee concentrate on one type or style of property or on one particular neighborhood Farm area or target market - Correct Answer ️️ -Finding and specializing in a particular neighborhood or type of property. Considered to be one of the best ways to succeed in the real estate business Tract building - Correct Answer ️️ -When a devel...

Real estate sale associate pre license course exam prep (GOLD COAST HIGHLIGHTS) Farming licensee concentrate on one type or style of property or on one particular neighborhood Farm area or target market Finding and specializing in a particular neighborhood or type of property. Considered to be one of the best ways to succeed in the real estate business Tract building When a developer acquires a large tract of land, records a subdivision plat map, and uses a model center from which ...

GOLD COAST REAL ESTATE EXAM One type of a residential sales transaction involves the sale of any improved residential property of (________) units or less Four The term __________ is registered trademark of the National Association of Realtors and may be used only by members of the organization Realtor Most real estate licensees are involved in ______________ brokerage Residential An estimate of the value of property developed by a real estate licensee for use in listing or se...

Gold Coast School Real Estate Questions Ch.1-19 with 100% Correct Answers 1. The real estate market is local in nature what does that mean? - Correct Answer ️️ - Information about real estate can best be found through local sources, which makes the real estate market local in nature 2. You would expect a real estate licensee to perform all of the following activities, EXCEPT: A. Providing expert knowledge about construction methods and materials B. Providing expert knowledge to membe...

PSI Real Estate Salesperson Exam (Latest 2023/ 2024 Update) 100% Correct| Questions and Verified Answers| Already Grade A Q: Strict liability under Superfund means that: Answer: the owner is responsible to the injured party without excuse. Q: Which of the following does NOT correctly describe how real estate licensees should handle the possibility of hazardous substances on property being sold? Answer: Licensees should not disclose the problem because it might harm the sell...

McKissock - General Report Writing and Case Studies with complete solutions |Latest 2024/2025 Appraisal ️ "(noun) The act or process of developing an opinion of value. an opinion of value; (adjective) of or pertaining to appraising and related functions such as appraisal practice or appraisal services."1 Report ️ any communication, written or oral, of an appraisal or appraisal review that is transmitted to the client or a party authorized by the client upon completion of an assignmen...