Illinois broker Study guides, Class notes & Summaries

State Portion Real Estate Exam Questions and Answers Already Passed Not psychologically affected if Reputation of haunted ghost Operate INDIANA property management firm outside of the broker company What is Correct ? Broker me do with formal approval of original managing broke Listing agreement should be delivered to Owner Upon signing Broker hires interactive broker to conduct open house The broker may face disciplinary action for incompetent practice Broker a discovers a former buyers clie...

What is commonly referred to as the "Due-On-Sale" Clause in a mortgage or deed-of-sale? Alienation Clause What is the minimum consideration necessary for a deed to be valid? Does not have to be a monetary amount. Can be as informal as "with love and dignity" When is the deadline for an offeror to revoke a signed contract? As long as he/she has not received acceptance, they have the right to rescind. A contract written by a party who at the time was incompetent is: voidable If a s...

Real Estate Exam Broker Pre license (Illinois) 2024 ALREADY PASSED.Real Estate Exam Broker Pre license (Illinois) 2024 ALREADY PASSED.Real Estate Exam Broker Pre license (Illinois) 2024 ALREADY PASSED.Real Estate Exam Broker Pre license (Illinois) 2024 ALREADY PASSED.Real Estate Exam Broker Pre license (Illinois) 2024 ALREADY PASSED.Real Estate Exam Broker Pre license (Illinois) 2024 ALREADY PASSED.Real Estate Exam Broker Pre license (Illinois) 2024 ALREADY PASSED.Real Estate Exam Broker Pre lic...

What is commonly referred to as the "Due-On-Sale" Clause in a mortgage or deed-of-sale? - ANSWER Alienation Clause What is the minimum consideration necessary for a deed to be valid? - ANSWER Does not have to be a monetary amount. Can be as informal as "with love and dignity" When is the deadline for an offeror to revoke a signed contract? - ANSWER As long as he/she has not received acceptance, they have the right to rescind.

Illinois Real Estate Broker PSI Practice Exam-with 100% verified solutions -tutor verified

Illinois Real Estate Broker Exam Questions and Answers 100% Correct Illinois Real Estate Broker Exam Questions and Answers 100% Correct Illinois Real Estate Broker Exam Questions and Answers 100% Correct Illinois Real Estate Broker Exam Questions and Answers 100% Correct Truth in lending laws apply to which of the following loans? - ANSWER-A loan to a first-time home buyer To qualify as tax-deferred exchange, the property must be - ANSWER-held for productive use in trade or bu...

Illinois Life & Health Insurance Exam Questions and Answers with Verified Solutions Accelerated Benefits Riders attached to life insurance policies that allow death benefits to be used to cover nursing or convalescent home expenses Accidental death benefits a policy rider that states that the cause of death will be analyzed to determine if it complies with the policy description of accidental death accidental death insurance an insurance policy that provides payment if the insureds death is th...

Illinois Real Estate Broker PSI Practice Exam-with 100% verified solutions -tutor

In Illinois, the real estate license law is administered by the...? - IDFPR (Bureau of Real Estate Professions) How are the nine members of the Real Estate Administration and Disciplinary Board Selected? - By the governor What is the name given to the Illinois license laws under which brokers and salespeople practice? - Real Estate License Act of 2000 After May 1, 2011, the new license categories are: - Managing Broker and Broker After April 30, 2012, as an alternative to passing the...

In Illinois, the real estate license law is administered by the...? - IDFPR (Bureau of Real Estate Professions) How are the nine members of the Real Estate Administration and Disciplinary Board Selected? - By the governor What is the name given to the Illinois license laws under which brokers and salespeople practice? - Real Estate License Act of 2000 After May 1, 2011, the new license categories are: - Managing Broker and Broker After April 30, 2012, as an alternative to passing the prof...