43560 - Study guides, Class notes & Summaries

Georgia Real Estate Exam Study Guide 2024 Questions and Answers Accession - Answer- The acquisition of title by the owner of real property to those things attached to the property by others, such as tenants, trespassers, or by nature. Acre - Answer- A measure of land area equal to 43560 square feet. 43560 - Answer- The number of squarefeet in one acre. Active License - Answer- Status of an individual who has met all qualifications to practice real estate as a broker, associate broker, or ...

Down Payment -ANSWER - The initial payment made when buying something on credit, a ____________ is paid directly by the buyer to the seller Proration -ANSWER - The allocation or distribution of an annual expense across smaller chunks of time Acreage -ANSWER - A unit of measurement used to determine the size of land; 1 acre = 43560 square feet Appraisal -ANSWER - The value of property, based on factors determined by a certified appraiser General data -ANSWER - Information about the ar...

©SIRJOEL EXAM SOLUTIONS 11/3/2024 10:54 PM Metro Broker Academy Final Practice Test Questions With 100% Verified Answers 1) What is your take-home from a if the total commission for the sale was 6%, which equaled $13,545.00 if you have a 70/30 split with your broker? a) $6772.50 b) $4740.75 c) $3254.76 d) $6000.00 - answerb) $4,740.75 Assuming there is a co-broker involved with a 50/50 $13,545.00 / 2 = $6,772.50 (this is the amount split W/your broker) $6,772.50 X 70% = $4,740.75 2...

Amortization - correct answer -The repayment of a loan principle over time Arrears - correct answer -Payment for an item or service after it's received Down Payment - correct answer -The initial payment made when buying something on credit, a ____________ is paid directly by the buyer to the seller Proration - correct answer -The allocation or distribution of an annual expense across smaller chunks of time Acreage - correct answer -A unit of measurement used to determine the size of...

1 acre = ______ square feet - 43560 1 Section is - 1 square mile which is 640 acres 1 Square mile - 640 acres 3 Approaches to Valuation - Sales Comparison Cost Income Approach 5 basic tests to determine if an item is a fixture or personal property - M-Method of annexation A-Adaptability for use R-Relationship of the parties (courts favor tenants/buyers over landlord/sellers) I-Intention in placing A-Agreement of the parties 6 covenants promises of a General Warranty Deed - Seisin - po...

Distance correct answers R×T Rate correct answers D÷T Time correct answers D÷R a correct answers a¹ (x+a)(x+b) correct answers x²+bx+ax+ab 1 liter correct answers 1000 cm³ 1 lb. correct answers 16 oz 1 gal. correct answers 4 qt 1 qt. correct answers 2 pt 1 pt. correct answers 2 c 1 cup correct answers 8 oz 1 gross correct answers 144 units 1 mi. correct answers 5280 ft 1 ft. correct answers 12 in 3 ft. correct answers 1 yd 1 acre correct answers...

A grantor conveyed a vacant one acre tract of land to a grantee. The grantee receives: - correct answer 43560 sq feet Fee simple title to a designated unit of air space with a percentage ownership of common elements in the property is called: - correct answer Condominum When a woman has an interest in land that will continue as long as she lives, she has: - correct answer Life Estate Tom and Sally are not married, but own a rental property together. Because they also have a right ...

Georgia Real Estate Exam Study Guide All Answers Correct Accession ️The acquisition of title by the owner of real property to those things attached to the property by others, such as tenants, trespassers, or by nature. Acre ️A measure of land area equal to 43560 square feet. 43560 ️The number of squarefeet in one acre. Active License ️Status of an individual who has met all qualifications to practice real estate as a broker, associate broker, or salesperson; and such license ...

Amortization - Answer The repayment of a loan principle over time Arrears - Answer Payment for an item or service after it's received Down Payment - Answer The initial payment made when buying something on credit, a ____________ is paid directly by the buyer to the seller Proration - Answer The allocation or distribution of an annual expense across smaller chunks of time Acreage - Answer A unit of measurement used to determine the size of land; 1 acre = 43560 square feet ...

1 Acre = - Answer-43560 Square Feet 1 Section = - Answer-640 Acres 1 Mile = How many Feet? - Answer-5280 Grantor - Answer-Owner Grantee - Answer-Buyer Deeds do not have to be - Answer-Witnessed, Dated, Recorded, Acknowledged, Show Consideration, as of 1999 Sealed Deeds do have to be - Answer-In Writting, legal capacity, idenified, words of conveyance, legal description, signed by the grantor (owner), delivered Excise Tax - Answer-Seller Debit Purchase Price/500= Excise Ta...