Real property loan law - Study guides, Class notes & Summaries
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California Real Estate Exam: Questions & Answers Latest Update 2023/2024 100% Verified
- Exam (elaborations) • 48 pages • 2023
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California Real Estate Exam: Questions & Answers Latest Update 2023/2024 100% Verified. Reed vs. King Case 
(Ans- Must disclose death (and manner of death) on a property if occurs 
within 3 years, except AIDS 
Jones vs. Mayer Supreme Court Decision (1968) 
(Ans- Racial discrimination not allowed (whether selling or buying) in all 
PRIVATE property transactions (based on Civil Rights Act of 1968) 
Easton vs Strassburgar 
(Ans- Seller disclosures to third parties AND agent visual inspection of all...
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Final Exam TN Real Estate Course Exam Questions with 100% Correct Answers | Updated & Verified | 2024
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A Tennessee licensee must use the "Exclusive Right to Sell" form required by the licensee's broker. 
According to the level of authority delegated to the agent, the usual real estate agency is a limited 
agency. 
When must the contract be in writing? John is agreeing to sell his shed to Shawn for $1,000. 
One disadvantage in using active listings for comparables is they provide somewhat dubious 
comparisons because listing prices are not selling prices. 
Why is it sometimes necessary to inclu...
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RECA Fundamentals Exam Questions and Answers Already Passed
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RECA Fundamentals Exam Questions and Answers Already Passed 
Which of the following is NOT a RECA educational resource for industry professionals? Spatial Information System (Spin 2) 
Which entity has the authority to amend the Real Estate Act Provincial Legislature 
Which of the following measures the change in a cost of a fixed basket of goods and services purchased by families over a period of time Consumer Price Index (CPI) 
Which of the following will occur to the supply of a good when ther...
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South Carolina Real Estate Exam (State Portion Only) Questions and Answers
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South Carolina Real Estate Exam (State Portion Only) 
Questions and Answers 
The creditor should ascertain the preference of the _____ as to legal counsel relating to 
closing the loan and insurance agent. 
A) lender 
B) seller 
C) real estate agent 
D) borrower - Correct Answer ️️ -D) borrower 
The assumption fee when assuming a loan in SC may not exceed _____. 
A) 1% of the loan or $400, whichever is greater 
B) 1/2% of the loan 
C) $500 
D) 1% of the loan or $400, whichever is less - Corr...
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Gold Coast Real Estate Exam Questions With Verified Answers Latest 2024 Graded A+
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Gold Coast Real Estate Exam Questions With Verified Answers Latest 2024 Graded A+ . Tract building - Answer- When a dev. Acquired land, records a plat map and uses a 
model center from which sales may be made 
Local level - Answer- Planning, zoning, property taxation, building and health codes and 
regulations, and building moratoriums that affect development play a significant role in 
the cost and desirability of real estate 
Broker associate - Answer- A licensed broker working for another bro...
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California Property and Casualty Insurance Exam Questions and Answers 100% Pass
- Exam (elaborations) • 10 pages • 2024
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California Property and Casualty Insurance Exam 
Questions and Answers 100% Pass 
What is the required rate discount under a Good Driver Discount policy? - Correct 
Answer ️️ -20% below the rate the insured would have been otherwise charged for the 
same coverage 
All the following are authorized activities for the Limited Automobile Insurance Agent 
EXCEPT if the agent - Correct Answer ️️ -Charges and collects a brokers fee for 
service 
What is the procedure for refusing uninsured moto...
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45 Hour Post License Real Estate Florida Test Questions With Answers Latest Updated 2024/2025 | 100% Verified.
- Exam (elaborations) • 30 pages • 2024
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45 Hour Post License Real Estate Florida Test Questions With Answers Latest Updated 2024/2025 | 100% Verified. When consumers, lured by lower prices, venture back into the market, business activity increases 
and confidence begins to return. Slowly, production facilities gear up to meet the new consumer 
demand, capital begins to flow back into business enterprises, and additional employees are 
hired. 
The three types of operating expenses of an income property are 
A) 
fixed, debt service, and...
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***North Carolina 75-Hour Broker Pre-licensing Final Exam (PASSED Attempt) Accurate 100%
- Exam (elaborations) • 14 pages • 2024
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Why might a buyer want to ASSUME a LOAN? 
 
The buyer doesn't want to follow a lender qualification process. 
The existing loan has a lower interest rate than current market rates. 
The principal remaining on the existing loan is low. 
The transfer of the property won't need to be approved by the lender if the loan is assumed. - ANSWER The existing loan has a lower interest rate than current market rates. 
 
- ASSUMPTIONS are advantageous to a buyer if current interest rates are high and the e...
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NYS Real Estate Exam 2024
- Exam (elaborations) • 27 pages • 2024
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NYS Real Estate Exam 2024 
Which of the following is considered a fixed operating expense? utilities, cleaning expenses, 
insurance premiums, management fees. - Answer ️️ -Insurance Premiums 
What is overage rent? - Answer ️️ -Rent calculated on a percentage of sales volume 
what is the amount a buyer owes at closing equal to? - Answer ️️ -The excess of the buyers 
debits over the buyers credits 
real estate agents are typically what kind of agent - Answer ️️ -special agent 
what...
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Kentucky Real Estate Practice Final One |120 questions and answers.
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condominium 
Severalty ownership of air rights combined with an undivided interest in the common areas of real estate would MOST LIKELY describe a 
 
 
 
on probation 
A licensee could be active in the real estate business if his/her license is 
 
 
 
Agent Kenzie has terminated her relationship with her broker. The broker has returned her license to the BREP. Agent Kenzie has 
thirty days to place her license in escrow or find another broker 
 
 
 
Disciplinary actions that can be taken by the ...
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