Real estate exam part 2 - Study guides, Class notes & Summaries

Sales Associate Pre-License Course Florida Real Estate Exam 2023/2024 What does the term "farming" refer to in real estate? - ANSWER-Specializing in one geographic area A developer contracts to build a home according to the buyer's specifications. This is an example of which type of building? - ANSWER-Custom The federal, state, and local governments all play a role in the regulation of real estate. In which of the following area would the LOCAL government have the most impact? - ANSW...

Maine Real Estate License Practice Exam Part 2 Study Guide Test 2024.65 Marsha and Paula both work for Undertow Realty in Castine. The Designated Broker has decided to practice appointed agency at Undertow Realty. Marsha is the appointed agent to the seller at 68 Puffin Lane. Paula is appointed to the buyers. Which of the following statements is true? a. Marsha and Paula both work for Undertow Realty, therefore they are in dual agency and must disclose that fact, in writing to both the seller...

Maine Real Estate License Practice Exam part 2 65 Marsha and Paula both work for Undertow Realty in Castine. The Designated Broker has decided to practice appointed agency at Undertow Realty. Marsha is the appointed agent to the seller at 68 Puffin Lane. Paula is appointed to the buyers. Which of the following statements is true? a. Marsha and Paula both work for Undertow Realty, therefore they are in dual agency and must disclose that fact, in writing to both the seller and the buyers. b....

An appraisal can be completed by which of the following? A home inspector A real estate broker A licensed appraiser using USPAP standards A mortgage loan originator - ANSWERA licensed appraiser using USPAP standards What is a BPO? Broker Price Opinion Best Practice Organization Best Prospective Offer Beyond Present Opportunities - ANSWERBroker Price Opinion Which of the following is incorrect? Farming methods include Direct Mail and Just Listed Post Cards. Farming only invo...

WA Real Estate exam part 2 with complete solutions

NJ Real Estate Exam Part 2 Test Questions Clearly Answered 2024. broker's additional place of business - correct answer Branch Office mixing broker's money with that of others - correct answer commingling copy of a real estate contract with original signatures - correct answer duplicate original least severe discipline by the real estate commission - correct answer probation leave one broker and affiliate with another - correct answer A licensed salesperson is allowed to a brok...

WA Real Estate Exam Part 2 Questions and Answers 100% CorrectWA Real Estate Exam Part 2 Questions and Answers 100% CorrectWA Real Estate Exam Part 2 Questions and Answers 100% Correct At what point in a transaction must you disclose your agency status in writing? A. at closing B. When first meeting any potential party to the transaction C. Within 24 hours after a party signs an offer D. Before a party signs an offer - ANSWER-D. Before a party signs an offer A counteroffer: A....

Certified Pennsylvania Evaluator Exam (CPE) Questions And Answers 2023 Assessor - Correct Answer-Any person responsible for the valuation of real property for ad valorum taxation purposes Duties and Responsibilities of an Assessor - Correct Answer-Discovering, Listing, Valuing Clean & Green - Act 319 - Correct Answer-Has two values, Value in Use and Value in Exchange An Assessor is accountable to whom? - Correct Answer-Himself, taxpayers and all taxing authorities In order for an asses...

Maine Real Estate License Practice Exam part 265 Marsha and Paula both work for Undertow Realty in Castine. The Designated Broker has decided to practice appointed agency at Undertow Realty. Marsha is the appointed agent to the seller at 68 Puffin Lane. Paula is appointed to the buyers. Which of the following statements is true? a. Marsha and Paula both work for Undertow Realty, therefore they are in dual agency and must disclose that fact, in writing to both the seller and the buyers. b. O...

Maine Real Estate License Practice Exam part 2 Questions and Answers