Escrow chapter 2 - Study guides, Class notes & Summaries

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Florida Real Estate Pre-Licensure Exam Prep Material 2023 Questions with Correct Answers
  • Florida Real Estate Pre-Licensure Exam Prep Material 2023 Questions with Correct Answers

  • Exam (elaborations) • 29 pages • 2023
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  • What are the three types of residential construction? Correct Answer Tract homes: model homes, buyers pick floorplan from catalog. Custom homes Speculative homes: Homes built with the assumption that buyers will purchase. What is the national association of Realtors? Correct Answer Largest trade association in the world, it promoted ethics and education in the real estate industry. What does Chapter 475.41 of the Florida Statutes state? Correct Answer No contract for commission is valid...
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FL Real Estate Exam 2023 with 100% correct answers
  • FL Real Estate Exam 2023 with 100% correct answers

  • Exam (elaborations) • 9 pages • 2023
  • A sales associate works under - correct answer -the direction of a broker or in some cases an owner developer A licensed appraiser is compensated for an appraisal - correct answer -With a flat fee The product/service that all real estate professionals sell is - correct answer -their expert knowledge Which area of real estate requires the highest degree of expertise? - correct answer -Counseling Which Florida Administrative Code expands upon the statutory provisions of Chapter 475, Fl...
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FL Pre-License Sales Course (FREC Course 1) Exam Study. Complete Verified Solution.
  • FL Pre-License Sales Course (FREC Course 1) Exam Study. Complete Verified Solution.

  • Exam (elaborations) • 16 pages • 2024
  • FL Pre-License Sales Course (FREC Course 1) Exam Study. Complete Verified Solution. title collection of rights person has in ownership of real property alienation transfer By Operation of Law the courts have intervened Condemnation court action used when right of eminent domain is exercised Lis Pendens pending litigation Opinion of Title title meets all ownership needs and has no questions in its history Abstract history Cloud question about the title Certificate of Title ...
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Florida Real Estate State Exam: Gold Coast Q&A CRAM EXAM 1&2
  • Florida Real Estate State Exam: Gold Coast Q&A CRAM EXAM 1&2

  • Exam (elaborations) • 17 pages • 2024
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  • Florida Real Estate State Exam: Gold Coast Q&A CRAM EXAM 1&2 Property management Abesntee ownership has increased the demand for which area of brokerage A fee based upon time and difficulty of appraisal What is a real estate appraiser is paid A subdivision plat map What does the local planning agency have the authority to approve Dedication What is it called when a developer gives land to a governmental body? Property management What business is a license engaged in who...
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NJ Real Estate Chapter 2 Question and answers already passed 2023/2024
  • NJ Real Estate Chapter 2 Question and answers already passed 2023/2024

  • Exam (elaborations) • 3 pages • 2024
  • NJ Real Estate Chapter 2 Question and answers already passed 2023/2024 Branch office - correct answer broker's additional place of business Commingling - correct answer mixing broker's money with that of others Duplicate original - correct answer copy of a real estate contract with original signatures Escrow account - correct answer place for money belonging to clients and customers Guilty knowledge - correct answer awareness of wrongdoing with no attempt to stop it
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AYPO Real Estate Promulgated Contracts Final - Exam Review Questions + Answers Graded A+
  • AYPO Real Estate Promulgated Contracts Final - Exam Review Questions + Answers Graded A+

  • Exam (elaborations) • 12 pages • 2024
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  • _____ is the form that licensees are most likely to work with the most frequently. - One to Four Family Residential Contract (Resale) "Psychological stigmas," which involve violent or catastrophic events on a property, fall under which category of disclosure? - Permitted disclosures "psychological stigmas," which involve violent or catastrophic events on a property, fall under which category of disclosure? - Permitted disclosutes "subdivision information" means which of the following...
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NMLS - EXAM 2024 QUESTIONS & ANSWERS RATED 100% CORRECT
  • NMLS - EXAM 2024 QUESTIONS & ANSWERS RATED 100% CORRECT

  • Exam (elaborations) • 15 pages • 2024
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  • 5 rights under FACRA - 1. Right to adverse action notice 2. Free copy of credit report 3. Request credit score 4. The right to dispute incomplete or inaccurate information 5. Limit prescreened offers A registered LO means any individual who is an employee of ... - *a depository institution *A subsidiary that is- *owned and controlled by a depository institution and *regulated by a Federal Banking agency;or *An institution regulated by the Farm Credit Administration *And is registered and ...
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Massachusetts Real Estate Salesperson License Questions and Answers 100% Pass
  • Massachusetts Real Estate Salesperson License Questions and Answers 100% Pass

  • Exam (elaborations) • 109 pages • 2023
  • Massachusetts Real Estate Salesperson License Questions and Answers 100% Pass RE Salesperson License requirements? 18 years old, 40 hour class, pass the exam, must affiliate with a broker to practice and may not accept direct client payments Broker's License requirements? 3 years salesperson experience, 40 hour class, pass the exam, $5,000 bond and pay a fee. What is MLS? Multiple Listing Service. It's a marketing tool used by Salespeople to show their listings. Difference between RE Salesp...
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Chapter 11 Practice Exam Questions 2024.
  • Chapter 11 Practice Exam Questions 2024.

  • Exam (elaborations) • 8 pages • 2024
  • Chapter 11 Practice Exam Questions 2024. 1. Which of the following is an example of a unilateral contract? (a) Purchase and sale contract (b) Contract for deed (c) Open listing contract (d) Oral contract - correct answer (c) Open listing contract What is consideration? - correct answer Promise to pay or love and affection. It can be verbal does not need a deposit what is the best way to terminate a contract? - correct answer performance What law prohibits the use of lead base...
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Legal Aspects of Real Estate Chapter 7 Questions and Answers Already Passed
  • Legal Aspects of Real Estate Chapter 7 Questions and Answers Already Passed

  • Exam (elaborations) • 10 pages • 2023
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  • Legal Aspects of Real Estate Chapter 7 Questions and Answers Already Passed In a CAR Buyer Representation Agreement, who agrees to pay for reports, inspections, and meetings arranged by the broker on the buyer's behalf? The broker The buyer The seller The lender The buyer What provision, in an independent contractor agreement, states that the broker and licensee will comply with all Federal and State Fair Housing laws? Compensation Non-employment Federal Tax Purposes Regulatory complian...
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