Re broker exam 150 - Study guides, Class notes & Summaries

45 HOUR POST LICENSE FINAL EXAM QUESTIONS AND ANSWERS If an appraisal falls short of the needed value to close the deal, one of four outcomes would result. Which one of the following is NOT one of those 4? - answerThe seller would raise the selling price in order to make up for the shortfall. Which of the following steps would not be common to complete a mail away closing? - answerthe agent would sign on the absent persons behalf Your buyers' lender tells you that your buyer will qualify...

45 Hour Post License Final Exam Questions & Answers 100% Correct!! If an appraisal falls short of the needed value to close the deal, one of four outcomes would result. Which one of the following is NOT one of those 4? The seller would raise the selling price in order to make up for the shortfall. Which of the following steps would not be common to complete a mail away closing? the agent would sign on the absent persons behalf Your buyers' lender tells you that your buyer will qual...

Civil Service practice for Louisiana state Exam 150 Questions with Verified Answers Which of the following statements is true regarding Purchase Agreements? Select one: a. They must have a definite expiration date. b. They do not have to have an expiration date. c. A copy must be filed with the Real Estate Commission. d. A copy must be retained by the broker for 10 years. - CORRECT ANSWER They must have a definite expiration date. Under what conditions may a person or comp...

WGU C214 OA Financial Management Pre-Test Exam What is included in the Income Statement and NOT in the Statement of Cash Flows? - Depreciation Expense Computation of Net Income: A co. sold products in 2014 for $120k and collected $100k cash and remainder in 2015. Co. incurred $70k expenses for 2014 and paid $100k which included $30k for expenses incurred in 2013. What is net income for 2014? - Computation of Net Income (R-E=NI) $50,000 Net Income = $120k - $70k = $50k, or Revenues - E...

SIE Practice Exam (Answered 2022) Graded A+ Which of the following statements is true regarding the concept of an annuity contract? a) Payouts of an investment in a nonqualified annuity are all income tax-free b) The kind of annuity selected partly determines the payment amounts to the annuitant c) In the case of life annuity contracts, the age and sex of the annuitant do not affect the payment amounts d) The amounts of the periodic payments to the annuitant are determined by the perf...

California Broker Real Estate Exam Questions and answers. 100% Rated A+. 2022 Document Content and Description Below California Broker Real Estate Exam Questions and answers. 100% Rated A+. 2022 Broker A receives two offers on Seller B's house, which is listed for sale at $250,000. The first offer is for all cash at $200,000. The second offer is for 20% down with 80% financing for the full price. What should the broker do with respect to both offers? - Present both offers to the seller as soo...

PROPERTY AND CASUALTY INSURANCE EXAM WITH VERIFIED ANSWERS 1. Specific insur- ance 2. Blanket insur- ance This type of insurance designates a particular item to be insured This type of insurance covers more than one item of property at a single location or one more items of prop- erty at multiple locations. 3. Speculative possibility of both gain and loss. Not insurable. 4. Pure only the possibility of loss. Insurable. 5. What are the 5 methods of man- aging or handling risk? avo...

FINRA Practice Exam Questions and Answers | 100% Pass In the event of a stock split, which of the following parties is required to maintain a record of the shareholders eligible to receive the additional shares? A: DTC B: Issuer C: Custodian D: Transfer Agent - ️️ Correct-D: Transfer Agent Broker-dealer ABC seeks to underwrite a municipal securities offering by a local town in which the mayor is currently seeking re-election. A municipal finance professional who resides in the town...

FINRA SIE Practice Exam Questions with accurate answers, 100% Verified. In a period of low inflation and economic recession, the Federal Reserve is expected to take which of the following actions? A) Decrease Taxes B) Require banks to increase reserve C) Buy bonds in the open market - Buy bonds in the open market Under FINRA rules which of the following activities by a registered representative requires written notification to her firm? A) Gambling resulting in winnings in exc...

Florida MLO State Exam 2024 Questions with Complete Answers || (Verified BY Expert) || Already Graded A+ Mortgage Guaranty Trust Fund - ANSWER The fund protects consumers by insuring payment to those who suffer financial losses due to fraud and/or deception by the mortgage originator. Collection for the fund will begin in the 2010 licensing period and include the following nonrefundable fees (in addition to the regular application fee) for brokers, lenders, and originators...