Real estate realty - Study guides, Class notes & Summaries

Wrongful or criminal deception intended to result in financial or personal gain is called: - Answer- fraud The Buyer and Seller Temporary Residential Lease forms may be used for a lease period not to exceed: - Answer- 90 days __________ extend above the surface without limitation. - Answer- air rights An example(s) of an appurtenance would be: - Answer- easements There is no upper limit on the value of a Texas homestead. - Answer- true A(n) __________ is one that combines some of ...

Nevada Real Estate Key Realty Exam Questions + Answers Already Passed What is the smallest saleable portion of a Nevada subdivision called: Unit Which of the following are required of deeds to be enforceable: must have the grantors signature Personal property could be: emblements: aka crops Real property is: transferred by deed What is it called when the government gives a parcel of real property back to a private citizen: Cloud? A chain of title: Lists all grantors and gran...

Real Estate Broker Certification Exam | Questions & Answers (100% Verified)Real Estate Broker Certification Exam | Questions & Answers (100% Verified)Real Estate Broker Certification Exam | Questions & Answers (100% Verified)Real Estate Broker Certification Exam | Questions & Answers (100% Verified) Real property (realty) - ANSWER - Tangible property consisting of land, all structures permanently attached to the land, and whatever is growing on the land. Appurtenances - ANSWER - Land improve...

Section 5 Real Estate Brokerage Activities and Procedures, Azure Tide Realty Test Bank

Rich owns a few properties just outside of Tulsa, and he wants to manage them himself. Does Rich need to have a real estate license? Topic: Property Management Subtopic: License Requirements and Exemptions No. Oklahoma doesn't require property managers to hold a real estate license. No. Property owners managing their own properties do not need to hold a real estate license. Yes. If Rich has someone else manage and handle the property finances, he can perform the rest of the tasks him...

Section 1 Real Estate Business, Azure Tide Realty Exam Questions and Complete Solutions Graded A+

California Real Estate Principles - Questions and Answers 100% Pass (1) 1. The Real Estate Law is found in the a. Licensing Code b. Business and Professions Code c. Health and Safety Code d. Corporations Code - Correct Answer ️️ -Business and Professions Code (1) 2. The Real Estate Commissioner reports to the a. California Bureau of Real Estate b. governor c. Real Estate Advisory Commission d. legislature - Correct Answer ️️ -governor (1) 3. Salesperson Sam owns 25% of the ou...

OREC Final Kevo Questions and Answers Graded A+ The real estate market may be described in all of the following ways EXCEPT: free market. local market. moveable market. market that is slow to react to change in supply and demand. C. moveable market The provisions of the Oklahoma Real Estate License Code originate in the state legislature. The agency created in 1950 to administer and enforce the Code is the: National Association of REALTORS®. Association of Real Estate Lice...

Sue the broker - Answer- Sales associate, Tim, received a signed contract from a buyer and ailed it to the seller. The seller agreed to the terms and the escrow deposit was deposited safely in the brokers escrow account. Tim has a disagreement with his broker and quits. The broker refuses to pau a commission since tim was not in his employ when the contact was actually received and signed. What should tim to? The one who engages the broker in a single agency relationship - Answer- Who is the ...

WV REAL ESTATE FINAL EXAM QUESTIONS AND ANSWERS GRADED A+ The purpose of the West Virginia License Act is to --- limit competition in the real estate industry. protect the public in real estate transactions. regulate the limit for brokerage compensation. impose license fees to generate income. protect the public in real estate transactions. Jim acquires a West Virginia broker license. He wants to sell real estate without opening a business so he decides to remain at his...