If a licensee - Study guides, Class notes & Summaries

Texas Principles of Real Estate II Final Exam| Questions and Verified Answers| Grade A| 2023/ 2024 Update Q: a lease for one year or less Answer: the only contract that does not have to be in writing to be enforceable Q: Attorney in Fact Answer: a person holding a power of attorney Q: substitution of a contract with another contract ie. counteroffer Answer: Novation Q: when one party fails to perform the duties of the contract-they can be asked by judge ...

Each licensee shall provide written notification by mail or by electronic means with confirmation to the Department of a change of address within ______ days - correct ans 30 The application fee shall be _____ which shall be nonrefundable - correct ans $100 A license must be renewed every ___ years? - correct ans 2 The fee for biennial renewal of a chiropractic license is _______? - correct ans $350 The initial licensure fee is? - correct ans $350 The fee for inactive status is? The ...

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...

PA Motor Vehicle Damage Appraiser's License Questions and Answers 100% Pass Applicant Age 18 years or older How long do you have to wait to be eligible to retake an examination if you fail? 30 days The Commissioner will prescribe the form of the appraiser's license and it will contain: Name of the appraiser Address of the appraiser's place of business Date of issuance and expiration date of license Any other information which the commissioner determines is necessary Experience and Fitness ...

MN Salon Manager Latest Exam|Questions With 100% Verified Answers Graded A+ 2024|2025 Before a salon is licensed by the board the following requirements must be complied with prior to licensing. (please check all that apply) Correct Answer: A. The Salon must employ a Manager B. Compliance with all local and state laws, particularly to the matters of sanitation, health and safety. D. Inspection and licensing prior to the commencing of business E. The salon must have insurance coverage o...

Anything that is fastened or attached to real property permanently is considered to be: (Ans- Real Property A quitclaim deed releases all present claims, rights and title of the: (Ans- Grantor When a creditor wants to satisfy a judgement which was levied against another person, the creditor would: (Ans- Obtain a writ of execution Before a mechanics lien is effective it must be: (Ans- Verified and recorded Discrimination by a real estate licensee based on race is: (Ans- A vi...

Michigan Residential Builder's License Test Bank|1190 Questions and Answers, 100% Correct| A+ Rated Solution Guide| Latest What is the 1st offense penalty for engaging in the practice of residential building without a license? Not less than $5K and not more than $25K and/or 1 year What is the penalty for engaging in the practice of residential building, resulting in a death? Not less than $5K and not more than $50K and/or 4 years On your individual builder's license application, what...

Florida Funeral Law Exam Questions and Answers 100% Pass All cemeteries must abide by these rules except for: 1 of 2 - Correct Answer ️️ -Religious cemeteries with less then 5 acres & only single depth spaces, County & Municipal cemeteries, community & nonprofit associations with only single level spaces & do not sell burial space or merchandise All cemeteries must abide by these rules except for: 2 of 2 - Correct Answer ️️ -Columbarium of less then 1/2 acre owned by a religious g...

South Carolina Insurance Exam Questions and Answers Already Passed An insurer is REQUIRED to offer which of the following to each long-term care applicant at the time of purchase? Inflation protection Which of these riders will pay a death benefit if the insured's spouse dies? Family term insurance rider Disability income plans which require that the insurer can NEVER change or alter premium rates are usually considered Nonconcellable What is the required action to be taken by a...

WRA EXAM QUESTIONS WITH CERTIFIED SOLUTIONS The WB-11 Residential Offer to Purchase describes which of the following as the way an earnest money payment should be handled as a result of a sale involving cooperating firms? The selling licensee should have all earnest money checks paid directly to the listing firm... Explanation: The Earnest Money section of the offer states: "Unless otherwise agreed, earnest money shall be paid to and held in the trust account of the listing broker." An appra...