Leasing exam 2 - Study guides, Class notes & Summaries

Mississippi Real Estate License Law Exam Completely Solved (GRADED A) Mississippi Real Estate License Law Exam Completely Solved (GRADED A) Mississippi Real Estate License Law Exam Completely Solved (GRADED A) Mississippi Real Estate License Law Exam Completely Solved (GRADED A) Who is required to have areal estate license? - ANSWER Anyone advertising, selling or leasing property on behalf of others or carrying out real estate business on behalf of others. Who is exempt fr...

312. Florida has established three authorized brokerage relationships. Unless otherwise established by agreement, what is the broker's relationship with the public? a. Nonrepresentation b. Single agency c. Dual agency d. Transaction brokerage - Answer- D. Transaction brokerage 242. A broker has been found guilty of mail fraud by a court and sent to jail. The broker's license will: a. Automatically be revoked b. Automatically be suspended c. Probably be revoked because of the con...

Leasing License Exam Questions and Answers 100% VerifiedLeasing License Exam Questions and Answers 100% VerifiedLeasing License Exam Questions and Answers 100% VerifiedLeasing License Exam Questions and Answers 100% VerifiedLeasing License Exam Questions and Answers 100% Verified What is the IDFPR? - ANSWERIllinois Department of Financial and Professional Regulation -the State entity that issues real estate licenses What are the 4 divisions of the IDFPR? - ANSWER1. Real Estate Administ...

CLFP Exam Questions and Answers Latest Update | Scored A+. Oldest Record of Leasing correct answer2010 B.C. in Sumerian City of Ur using Clay tablets for ag tools, land & Water rights, oxen and other animals Code of Hammurabi correct answer1750 BC, acknowledged leasing of Personal Property. First Record of Leasing First Example of A True Lease correct answerShip Charters. Phoenicians leased the ship and crew requiring them to assume benefits and obligations of ownership Statue of Wales co...

Illinois Leasing Agent Practice Exam Questions and Answers (Graded A)Illinois Leasing Agent Practice Exam Questions and Answers (Graded A)Illinois Leasing Agent Practice Exam Questions and Answers (Graded A)Illinois Leasing Agent Practice Exam Questions and Answers (Graded A)Illinois Leasing Agent Practice Exam Questions and Answers (Graded A) 1. The lease contract stated that the renters would bring in the security deposit within five days. It is now the sixth day and the renters have not brou...

NYS Colibri Real Estate Final Exam Questions and Complete Solutions Expressed Agency - Answer: An agency created in a written or oral agreement General Agent - Answer: One who is authorized by a principal to represent the principal in a specific range of matters Fiduciary - Answer: Person in a position of trust, held by law to high standards of good faith and loyalty Fiduciary Duties - Answer: care, obedience, accounting, loyalty, and disclosure COALD Group Boycott - Answer: An or...

CLFP Exam Questions With Verified Answers Latest Update (Scored A+) Code of Hammurabi correct answer1750 BC, acknowledged leasing of Personal Property. First Record of Leasing First Example of A True Lease correct answerShip Charters. Phoenicians leased the ship and crew requiring them to assume benefits and obligations of ownership Statue of Wales correct answer1284 AD. English Common Law - to deal with leasing of personal property and clarified in 1571 to define who owned the leased prop...

In Illinois for over 25 units, a tenant is entitled to interest on their security deposit was held for how many months? 6 Which of the following does not require disclosure? A. Radon B. Felons living onsite C. Lead-based paint D. Termites felons living onsite What was the date of the first civil rights act? 1866 Is it permissable to refuse to rent to a person with a poor credit history? yes Who is acceptable to redline? lending institutions Is occupancy s...

IL LEASING LICENSE EXAM 2024 WITH 100% CORRECT ANSWERS What are the 4 types of lease termination notices - correct answer 1) Week - to - week: 7 days 2) Month to month: 30 days 3) Year to year: 60 days 4) Year to year farm lease: 4 months before end of term In the state of IL how should security deposits be handled upon receipt? - correct answer Security deposits must be deposited in escrow account by the next business day and recorded in a journal and ledger. What are the purposes...