The main purpose of respa - Study guides, Class notes & Summaries

When agent Andy took a listing, he promised the seller that he would advertise the property in a magazine until it was sold. Andy told the seller he submitted the ad, but the magazine said Andy never contacted them or submitted the ad. Andy is guilty of: - Actual Fraud A fee simple estate is: - an estate of inheritance If an appraiser is appraising a special purpose property he would probably use the: - Cost Approach The main purpose of "RESPA" (Real Estate Settlement Procedures Act) is t...

CA DRE Salesperson Exam Practice Questions When agent Andy took a listing, he promised the seller that he would advertise the property in a magazine until it was sold. Andy told the seller he submitted the ad, but the magazine said Andy never contacted them what is Andy guilt of? A)Objective Fraud B) Constructive Fraud C) Actual Fraud D) Comprehensive Fraud - ANSWER- C) Actual Fraud A fee simple estate is: A) a leasehold B) an estate for years C) a less-than-freehold estate ...

When agent Andy took a listing, he promised the seller that he would advertise the property in a magazine until it was sold. Andy told the seller he submitted the ad, but the magazine said Andy never contacted them or submitted the ad. Andy is guilty of: - Actual Fraud A fee simple estate is: - an estate of inheritance If an appraiser is appraising a special purpose property he would probably use the: - Cost Approach The main purpose of "RESPA" (Real Estate Settlement Procedures Act) is ...

Florida Real Estate STATE exam Questions and Answers 100% Pass The best protection that the public has during a Real Estate transaction is (are) A. The national and state association of REALTORS B. The punishment of licensees dealing dishonesty C. the high ethical standards of real estate agents D. FREC and the license law - Correct Answer ️️ -D. FREC and the license law A group license A. allows a broker to have a branch office B. allows a sales associate to work for more than one ...

When agent Andy took a listing, he promised the seller that he would advertise the property in a magazine until it was sold. Andy told the seller he submitted the ad, but the magazine said Andy never contacted them or submitted the ad. Andy is guilty of: - Actual Fraud A fee simple estate is: - an estate of inheritance If an appraiser is appraising a special purpose property he would probably use the: - Cost Approach The main purpose of "RESPA" (Real Estate Settlement Procedures Act) is t...

When agent Andy took a listing, he promised the seller that he would advertise the property in a magazine until it was sold. Andy told the seller he submitted the ad, but the magazine said Andy never contacted them or submitted the ad. Andy is guilty of: - ANSWERActual Fraud A fee simple estate is: - ANSWERan estate of inheritance If an appraiser is appraising a special purpose property he would probably use the: - ANSWERCost Approach The main purpose of "RESPA" (Real Estate Settlemen...

RELE 1324 Final Review| latest 2023/24 Section 8 penalties include a year in jail and a fine of - $10,000 RESPA prohibits - Kickbacks To disclose business relationships between closing service providers and other third parties to the transaction, which of the following is/are used? - AfBA Section 6 of RESPA has specific instructions for servicing complaint resolution (T/F) - True The types of loans that the real estate settlement procedures act applies to include: - All of the above ...

Real Estate Brokerage SAE - Champion's School of Real Estate 291 Questions with Verified Answers Search Engine Optimization (SEO) - CORRECT ANSWER The process of maximizing the number of visitors to a particular website by ensuring the website appears high on the list of results returned by a search engine. Fcebook Live - CORRECT ANSWER Video streaming through facebook. CoStar Database - CORRECT ANSWER Functions much like a residential MLS, connecting commercial agents with brokerages,...

When agent Andy took a listing, he promised the seller that he would advertise the property in a magazine until it was sold. Andy told the seller he submitted the ad, but the magazine said Andy never contacted them or submitted the ad. Andy is guilty of: Actual Fraud A fee simple estate is: an estate of inheritance If an appraiser is appraising a special purpose property he would probably use the: Cost Approach The main purpose of "RESPA" (Real Estate Settlement Procedures Act) is to: ...

An agency relationship may be involuntarily terminated by which of the following? By destruction of the property through fire, vandalism, or natural disaster When a seller authorizes a unilateral offer of subagency to all MLS members, any agent who shows the listed property automatically becomes A subagent An agency relationship may be involuntarily terminated by which of the following? Condemnation of the property Sally is a subagent working for Seller Pat. What does Sally owe to Buyer Br...