43560 - Study guides, Class notes & Summaries

Aceable Agent Principles of Real Estate 2 Question with complete solution 2023/2024Amortization - correct answer The repayment of a loan principle over time Arrears - correct answer Payment for an item or service after it's received Down Payment - correct answer The initial payment made when buying something on credit, a ____________ is paid directly by the buyer to the seller Proration - correct answer The allocation or distribution of an annual expense across smaller chunks o...

Accession - The acquisition of title by the owner of real property to those things attached to the property by others, such as tenants, trespassers, or by nature. Acre - A measure of land area equal to 43560 square feet. 43560 - The number of squarefeet in one acre. Active License - Status of an individual who has met all qualifications to practice real estate as a broker, associate broker, or salesperson; and such license is held by a broker, rather than by the Commission. Air Lot - A de...

California Real Estate - State Test Prep Questions and Answers 100% Pass If property is sold while in probate - Correct Answer ️️ -Commission is only controlled by law under two situations. One being the Real Property Loan Law and... Real Property Loan Law - Correct Answer ️️ -Commission is only controlled by law under two situations. One being If property is sold while in probate and... agent of the broker - Correct Answer ️️ -The Broker is the Agent of the seller. The salesp...

1) What is your take-home from a if the total commission for the sale was 6%, which equaled $13,545.00 if you have a 70/30 split with your broker? a) $6772.50 b) $4740.75 c) $3254.76 d) $6000.00 - b) $4,740.75 Assuming there is a co-broker involved with a 50/50 $13,545.00 / 2 = $6,772.50 (this is the amount split W/your broker) $6,772.50 X 70% = $4,740.75 2) What is a CAM license for? a) Listing property b) Managing apartment building c) Managing building projects d) Manager of a su...

Georgia Real Estate Exam Study Guide |Revised with 100% Correct Answers| latest Accession *Ans* The acquisition of title by the owner of real property to those things attached to the property by others, such as tenants, trespassers, or by nature. Acre *Ans* A measure of land area equal to 43560 square feet. 43560 *Ans* The number of squarefeet in one acre. Active License *Ans* Status of an individual who has met all qualifications to practice real estate as a broker, associate brok...

WASTEWATER PRACTICE TESTA spray field has a total of 80 acres and is divided into four equal zones. Only one zone may be Operated at a time and the permit states that no more than 4 inches of water can be applied to the zone. How long can a zone be operated at a rate of 0.7 MGD before it must be rotated to another zone? - Answer-3.1 Days 4/12= 0.33 43560 x 0.33= 14.374.8 14.374.8 x 7.48= 107,523.5 107,523.5 x 20= 2,150,460 2,150,460/700,000= 3.1 Days Most activated sludge mixed liquor su...

Colorado Real Estate Math Questions and Answers 100% Pass A real estate agent is paid $200.00 a month salary and a 2 ½ % commission on everything sold over $150,000 in one year. If the agent makes $22,000 one year. How much did the agent sell? 784000 634000 934000 880000 - Correct Answer ️️ -934000 $200 X 12 = $2,400 (total salary); $22,000 - $2,400 = $19,600 (total commission sales) / .025 (commission rate) = $784,000 (sales above $150,000 that earned the $19,600 commission) + $...

43560 - square acre act 299 - occupational code of ethics for real estate persons actual notice - assurance that actual notice given to recipient adjusted rate mortgage - ARM- annually tied to index(CPI) adverse possession - acquire title to real estate where occupant has been actual , hostile, open and continuous occupancy(15 year) attorney-in -fact - person authorized to perform business related transactions benchmark - point of beginning in metes and bounds Buy-down - mortgage financi...

Georgia Real Estate Exam Study Guide with Correct Answers 2024 Update Accession - Answer -The acquisition of title by the owner of real property to those things attached to the property by others, such as tenants, trespassers, or by nature. Acre - Answer -A measure of land area equal to 43560 square feet. 43560 - Answer -The number of squarefeet in one acre. Active License - Answer -Status of an individual who has met all qualifications to practice real estate as a broker, associate broke...

One Acre 43560 sq ft One Mile 5280 feet Township 36 Sections (6m x 6 m) Section 640 acres (1m x 1m) Follow-up what a sales associate does for buyers/sellers after a sale Property Management involves leasing, managing, marketing & maintenance of property CMA Comparative Market Analysis: a marketing tool & many not be referred to or represented as an appraisal - CMAs do not have to conform to USPAP standards Categories of real estate licenses (3) 1. Sales Associate (under dire...