Rescind - Study guides, Class notes & Summaries

Pearson vue real estate Exam, Multiple Choice Questions And Correct Answers. If a licensee is paid a salary of $600 per month plus half of the office's 6% fee on all sales, what MUST the licensee's monthly sales be in order for the licensee to receive a total monthly income of $2,220? A. 27,000 B. 37,000 C. 54,000 D. 74,000 An agreement that restricts the use and occupancy of real estate, is part of a conveyance, and is binding on all subsequent buyers is called a(n): A. Agreement for...

Florida 3-20 Public Adjuster Exam Outlines Latest 2023 Rated A+ There are several important statutory requirements pertaining to contracts made by public adjusters: Must state the type of claim, including an emergency claim, non-emergency claim or supplemental claim. Requires the signatures of all named insureds. If the signatures of all named insureds are not available, the public adjuster must submit an affidavit signed by the available named insureds attesting that they have authority to ent...

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. when a party signs an offer D. Before a party signs an offer - ANSWER ☑☑D. Before a party signs an offer You must disclose your agency status to each party in a transaction as soon as practicable. However, the initial disclosure may be oral - the law doesn't require written confirmation of the agency disclosure until each par...

CA property & Casualty practice exam Questions and Answers 100% Pass Bob is thinking about obtaining insurance because he just found out he needs extensive surgery that will require several days in the hospital. This situation of waiting until the last minute to obtain insurance is known as: - Correct Answer ️️ -Adverse Selection According to the California insurance law, either party may rescind a contract for any of the following reasons EXCEPT: - Correct Answer ️️ - - Correct A...

Colorado Mental Health Jurisprudence Exam Questions And Answers 2023/2024 Rated A+. Records required to be kept and record retention (DORA) - Correct Answer-SW must retain record for 7 years from the date of termination. I Record information on record - Correct Answer-name, phi, referral reason, mandatory disclosure statement. (5) Dates of service including, but not limited to the date of each contact with client, the date on which services began, and the date of last contact with client; ...

WA Real Estate Exam Part 2 Questions and Answers 100% AccurateWA Real Estate Exam Part 2 Questions and Answers 100% AccurateWA Real Estate Exam Part 2 Questions and Answers 100% AccurateWA Real Estate Exam Part 2 Questions and Answers 100% Accurate 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 - AN...

(CH10) A person who is adjudicated insane Correct Answer-has no capacity to enter into a contract. (CH10) Harry offers in writing to sell Lynn Blackacre. Lynn accepts, thinking that the offer refers to Greenacre. In fact, Harry made the offer thinking that it referred to Greenacre. Either party may rescind the contract because Correct Answer-both parties had a mistaken belief about a material matter in the contract. (CH10) Pamela contracts with Bronwyn to build a house. Pamela specifies in...

Rockwell Real Estate Exam WA 2 Questions and Answers Already Passed A bathroom contains a toilet, a sink, and a stand-up shower. This would be considered a: A. one-quarter bath B. half bath C. three-quarter bath D. full bath C. three-quarter bath A bathroom with sink, toilet, and stand-up shower is a three-quarter bath A conventional loan can be: A. an ARM B. a 15-year loan C. a 30-year loan D. All of the above D. all of the above A conventional loan is one that is not i...

Insurance is defined as? -:- A contract whereby one undertakes to indemnify another against loss, damage, or liability arising from a contingent or unknown event. A written instrument in which a contract of insurance is set forth is the? An agreement between the insurer and the insured, the person who is covered by the insurance, is established in a legal document referred to as a contract of insurance -:- policy Loss is? -:- defined as reduction in the value of an asset To be paid...

ABANDON CORRECT ANSWER To give up completely Synonyms: relinquish, forgo, forsake ABASH CORRECT ANSWER To lose self-confidence; to confuse, put to shame Synonyms: fluster, disconcert, discomfit, discompose Antonym: (adj.) self-possessed ABDICATE CORRECT ANSWER To give up claim to Synonyms: renounce, abandon, relinquish ABET CORRECT ANSWER To encourage -or support - Synonyms: spur, incite Antonym: deter ABRIDGE CORRECT ANSWER To shorten Synonyms: curtail, diminish, retrenc...