Real estate transaction - Study guides, Class notes & Summaries
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TX-Brokerage (SAE) Questions with correct Answers 2024
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TX-Brokerage (SAE) Questions with correct Answers 2024 
The _____ is required to ascertain that Brokers are aware of all of their responsibilities. 
Texas Real Estate Commission 
 
 
 
The _____ course is to address the regulatory aspects of the management, operation and supervision of a real estate brokerage firm in Texas. The course provides an understanding and working knowledge of a broker's responsibilities and obligations under 22 TAC §535.2. 
Broker Responsibility MCE 
 
 
 
Who Must Ta...
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Rockwell Exam 4 Questions and Answers 100% Verified
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Rockwell Exam 4 Questions and Answers 100% VerifiedRockwell Exam 4 Questions and Answers 100% VerifiedRockwell Exam 4 Questions and Answers 100% Verified 
Once a contract for deed is signed by the parties, the buyer immediately receives: 
 
A. a life estate 
B. legal title 
C. equitable title 
D. the right to lease the property - ANSWER-C. equitable title 
 
A buyer receives equitable title to the property once the land contract has been signed 
 
A real estate broker represents the seller in a ...
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MA Real Estate Exam Study Guide Already Graded A
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Appraisal An estimation of a property's value, usually prepared by a professional who is 
licensed in this field. 
Brokerage The business of bringing people together in a real estate transaction. 
Commerical The types of properties that include office spaces, shopping centers, stores, 
theaters, hotels, parking facilities, etc. 
Development The term for the construction of improvements upon the land. 
Elevation Certificate Insurance agents are required to obtain one of these on any property 
be...
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Nevada Real Estate Exam Questions and Answers (Graded A)
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Nevada Real Estate Exam Questions and Answers (Graded A)Nevada Real Estate Exam Questions and Answers (Graded A)Nevada Real Estate Exam Questions and Answers (Graded A)Nevada Real Estate Exam Questions and Answers (Graded A)What is the minimum balance of the real estate education, research, and recovery fund? 
A) $300,000. 
B) $100,000. 
C) $250,000. 
D) $500,000. - ANSWER-a 
 
2. How long after the signing of a contract for the purchase of a lot in NV or anywhere else may the purchaser cancel t...
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RECA Commercial Unit2 Exam Guide Top Rated 2024
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Commercial real estate assets have a number of attributes that make them unique relative to other types of investments. These attributes include the following: (x10) - 1. They involve land 
2.Transaction time frames are long 
3. Transaction costs are high 
4. they are expensive 
5. They are long lasting 
6. Highly regulated 
7. have a long production cycle 
8. are management intensive 
9. are heterogeneous 
10. Involve measuring return on investment 
 
 
 
1. Long-lasting, Durable Goods 
2. Expe...
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Florida Real Estate Exam Questions With Solutions Latest Updated 2023-2024 Rated 100%
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Florida Real Estate Exam Questions With Solutions Latest Updated Rated 100%. In which form of co-ownership is a person's ownership inheritable? a. Joint tenancy 
b. Tenancy by the entirety 
c. Tenancy in common 
d. Tenancy in severalty 
c. Tenancy in common allows for a persons share to be inheritable, it does not automatically pass 
forth to the rest of the owners like in joint tenancy (this is called the right of survivorship). 
Florida Real Estate Exam Questions With 
Complete Solutions Lat...
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Oregon Real Estate Exam (PSI) Questions with Verified Answers | Latest 2023/2024
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Oregon Real Estate Exam (PSI) Questions with Verified Answers | Latest 2023/2024 
How many consecutive years of non-use of water does one lose their water rights in 
Oregon? ️ 5 consecutive years, the right is considered forfeited 
Who must register the business name? ️ Principal Broker, must register the 
business name with REA-(Real Estate Agency) under their name. 
How long must real estate documents be kept? ️ 6 years, from the date the 
transaction was accepted, rejected, or withdrawn...
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Champions Real Estate Finance Exam (2024/ 2025) 100% Correct Questions and Verified Answers| Grade A
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Champions Real Estate Finance Exam (2024/ 2025) 100% Correct Questions and Verified Answers| Grade A 
 
 
Q: The money that mortgage companies use to make loans come from the sale of ________, which is considered a business transaction, not a savings account deposit procedure. 
 
 
Answer: 
Bonds 
 
 
 
Q: Government entities regularly sell bonds to 
 
 
Answer: 
Fund major capital investments 
 
 
 
Q: Advantage of municipal bonds is 
 
 
Answer: 
That the interest paid to investors is not subj...
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Gold Coast FINAL EXAM STUDY SET (Questions and Answers, 100% Verified)
- Exam (elaborations) • 15 pages • 2023
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Gold Coast FINAL EXAM STUDY SET for 4/11 
Gold Coast FINAL EXAM STUDY SET (Questions and Answers, 100% Verified) 
what are the the areas a realtor should be an expert in? 
Marketing 
Valuation & Market Conditions 
Property Transfer 
"MVP" 
Does one need to be a resident of the state or a citizen of the U.S. to get a FL real 
estate license? 
to get a FL real estate license, you don't need to be a citizen 
What must an applicant for a real estate license do if he has been convicted of a 
cri...
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Colorado Real Estate – Contracts Exam Questions and Answers 100% Pass
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Colorado Real Estate – Contracts Exam 
Questions and Answers 100% Pass 
vicarious liability - Correct Answer ️️ -a principal's liability for an agent's acts performed 
within the scope of the agency; specifically excluded by Colorado statute from a 
principal's liability unless the act or omission was approved, directed or ratified. (The 
employing broker is responsible to licensees actions) 
Sam is an associate broker who wishes to purchase investment property. What must 
Sam do when t...
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