Estate license 1 - Study guides, Class notes & Summaries

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...

Texas Promulgated Contracts-CHAMPIONS STUDY 2022-2023. The elements of a valid contract are, competent parties, consideration, legal subject matter, in writing, and ___________. (a) Default (b) Mutual consent (c) Property condition (d) Recording A(n) __________________ contract is defined as a contract that is binding on the parties, with one or more of the parties having contractual duties that have not yet been performed. (a) Executory (b) Executed (c) Bilatera...

New York real estate exam 2024 The name of the statue that protects the public from unscrupulous salespersons and brokers is - Answer ️️ -Article 12 of the real property law A real esate brokers license term is - Answer ️️ -2 years To become a real estate salesperson in new york one must - Answer ️️ -Find a sponsoring broker The end of a license term for a real estate person is - Answer ️️ -2 years from issue date If a brokers license is revoked the salespersons license - ...

REAL ESTATE U FINAL EXAM QUESTIONS AND VERIFIED ANSWERS 2024 GRADED A. 2 / 8 1. Article 12-A of the NYS Real Property Law: The section of the NewYork RealProperty Law pertaining to real estate salespersons and brokers. - Primary purpose is to "Protect the Public" - Requires a salesperson to be at least 18 years of age - Requires a broker to be at least 20 years of age 2. Sponsor: A licensed real estate broker that holds the license of a salesperson. 3. "Summary ofYour Submission": ...

Alberta Real Estate Fundamentals questions and 100 % correct answers 2024 Real Estate The land and fixed improvements to the land Classes of License 1. Associate 2. Associate Broker 3. Broker 4 Areas of Practice 1. Residential 2. Commercial 3. Rural 4. Property Management Mobile homes fall under the same category as recreational properties False Industrial Properties

California Real Estate License Exam 1 Questions and Answers (Latest Update 2023)

Virginia Real Estate National Exam 2023-2024 Questions and Answers 100% CorrectVirginia Real Estate National Exam 2023-2024 Questions and Answers 100% CorrectVirginia Real Estate National Exam 2023-2024 Questions and Answers 100% CorrectVirginia Real Estate National Exam 2023-2024 Questions and Answers 100% Correct (virginia time share act) For an initial purchaser, there is a _________day right of rescission. Meanwhile, a buyer has a 5-day right of rescission in a time share resale. - ANSWER...

Deficiency A ________, in the reasonable judgment of the inspector, is a condition that adversely and materially affects the performance of a system, or component. Inspection Process of examining accessible items, and reporting their condition RESPA Prohibits abusive practices like undisclosed referral fees and kickbacks. Designed to help consumers become more knowledgeable of settlement services costs. Departure Provision The inspector may not inspect an item if the ...

FREC Practice Test Questions & Answers 2023/2024 1. Which of the following statements is true regarding a mortgage loan originator (MLO)? a. A mortgage loan originator is the same as a mortgage broker. b. A mortgage loan originator must have a separate license. c. A mortgage loan originator makes loans. d. A mortgage loan originator must have a real estate license. - ANSWER-B 2. A real estate appraiser's fee for professional service is based on which of the following? a. A percentage...