Latest va property exam - Study guides, Class notes & Summaries
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Texas Promulgated Contracts Exam Questions and Answers Latest Updated 2024 (Correct Answers)
- Exam (elaborations) • 55 pages • 2024
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Texas Promulgated Contracts Exam Questions and Answers Latest Updated 2024 (Correct Answers) 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 
B 
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) Bilateral 
(d) Void...
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National PSI Real Estate Exam Practice Questions with Verified Answers | Latest 2023/2024
- Exam (elaborations) • 10 pages • 2023
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National PSI Real Estate Exam Practice Questions with Verified Answers | Latest 2023/2024 
Real Estate law governing advertising applies to all of these EXCEPT: 
A. In house notes for showing 
B. Multiple listing service (MLS) 
C. communications with consumers 
D. Social Media ️ A. In-house notes for showing are not seen by consumers an so 
do not have to follow state or federal laws. 
A couple accompanies a property inspector during an inspection of a house on which 
they have a contract. The...
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WASHINGTON STATE REAL ESTATE EXAM SET 1 | QUESTIONS & 100% VERIFIEDANSWERS | LATEST UPDATE | PASSED
- Exam (elaborations) • 17 pages • 2024
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WASHINGTON STATE REAL ESTATE 
EXAM SET 1 | QUESTIONS & 100% 
VERIFIEDANSWERS | LATEST UPDATE | 
PASSED 
when does the real estate agent give the seller's a copy of their listing agreement form? 
Correct Answer: immediately 
what are the elements needed for a valid purchase and sales agreement? 
Correct Answer: consideration (not of monetary value), in writing & lawful purpose. 
There does not need to be earnest money but often is 
a mortgage that secures both real and personal property as c...
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National PSI EXAM PRACTICE TEST Answered 100% Correctly| Latest 2024
- Exam (elaborations) • 23 pages • 2024
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National PSI EXAM PRACTICE TEST Answered 100% Correctly| Latest 2024 
Real Estate law governing advertising applies to all of these EXCEPT: 
A. In house notes for showing 
B. Multiple listing service (MLS) 
C. communications with consumers 
D. Social Media 
A. In-house notes for showing are not seen by consumers an so do not have to 
follow state or federal laws. 
A couple accompanies a property inspector during an inspection of a house on 
which they have a contract. The inspector points to ...
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McKissock Basic Appraisal Principles Exam Questions With Correct Answers Latest 2024/2025 (Graded A+)
- Exam (elaborations) • 39 pages • 2024
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McKissock Basic Appraisal Principles Exam Questions With Correct Answers Latest 2024/2025 (Graded A+) Which entity is responsible for establishing the requirements to become an appraiser? 
CORRECT ANSWERS: the AQB 
True or False: An applicant for Certified General appraiser must possess at least an associate's 
degree from an accredited college or university. CORRECT ANSWERS: False 
The requirements for state licensed and certified appraisers had their genesis in CORRECT 
ANSWERS: FIRREA 
An ap...
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Real Estate Final Exam Questions With Solutions Latest Updated 2023-2024 Graded A+
- Exam (elaborations) • 31 pages • 2023
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Real Estate Final Exam Questions With Solutions Latest Updated Graded A+. A buyer bought a property without telling the seller of his intended purpose for the property. The 
contract contains no contingency clauses and it is a properly executed contract. After the closing, 
the buyer is unable to obtain the zoning he needs for his commercial project. What is the contract 
at this stage? Enforceable 
6. The seller and the buyer finally agreed to a purchase price of $203,500 with the closing to 
...
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National PSI Broker Exam prep| Answered 100% Correctly| Latest 2024
- Exam (elaborations) • 36 pages • 2024
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National PSI Broker Exam prep| Answered 100% Correctly| Latest 2024 
A broker is completing a CMA to determine the potential listing price of a seller's 
home. Which of the following is NOT part of the final CMA given to the seller? 
A) 
Highest and best use evaluation 
B) 
Comparable sales analysis 
C) 
Adjustments to past sales 
D) 
Pictures of comparables 
A) 
The answer is highest and best use evaluation. An appraiser does a highest and best 
use evaluation, which does not appear in a CMA...
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Real Estate Final Exam Questions With Complete Solutions Latest 2024 (GRADED)
- Exam (elaborations) • 31 pages • 2024
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Real Estate Final Exam Questions With Complete Solutions Latest 2024 (GRADED) A real estate licensee has a buyer agency agreement. What is the seller in this situation? A 
customer. 
An optionor and an optionee make a contract for an option on a commercial piece of property. If 
the optionee decides to exercise his option, when must he perform? He must exercise his 
option under the terms of the option contract. 
When can a landlord evict a disabled blind or disabled tenant from the premises? If...
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Private Pilot Stage 2 Oral Exam | Questions and Correct Answers | Latest Update 2024/2025
- Exam (elaborations) • 13 pages • 2024
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Private Pilot Stage 2 Oral Exam | 
Questions and Correct Answers | 
Latest Update 2024/2025 
Limitations of a Private Pilot - Answer --No Private Pilot may carry 
Passengers or property for compensation or hire 
-May not pay less than the pro rata share of the operating expenses 
carrying passengers. 
First Class Medical - Answer --12 calendar months under 40 
-6 calendar months over 40 
Second Class Medical - Answer --12 calendar months 
Third Class Medical - Answer --64 calendar months under 4...
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National PSI Exam Practice Test Latest Update with Verified Solutions
- Exam (elaborations) • 24 pages • 2023
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Available in package deal
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National PSI Exam Practice Test Latest Update with Verified Solutions 
Real Estate law governing advertising applies to all of these EXCEPT: 
A. In house notes for showing 
B. Multiple listing service (MLS) 
C. communications with consumers D. Social Media A. In-house notes for showing are not seen by consumers an so do not have to follow state or federal laws. 
A couple accompanies a property inspector during an inspection of a house on which they have a contract. The inspector points to a six-...
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