A business broker - Study guides, Class notes & Summaries

45 Hour Post License Real Estate Florida Test Questions With Answers Latest Updated 2024/2025 | 100% Verified. When consumers, lured by lower prices, venture back into the market, business activity increases and confidence begins to return. Slowly, production facilities gear up to meet the new consumer demand, capital begins to flow back into business enterprises, and additional employees are hired. The three types of operating expenses of an income property are A) fixed, debt service, and...

COLORADO EXAM REAL ESTATE STATE PORTION QUESTIONS AND ANSWERS, GRADED A+/ VERIFIED. When must earnest money be deposited? Not later than the third business day after notice to buyer of acceptance. When a real estate broker is preparing a contract for the sale of real estate in respect of when a building permit was issued prior to January 1, 1978, the agreement will be: Void unless a completed Lead-Based Paint Disclosure is completed and signed by both the licensees to the transaction a...

An economic recovery is defined as A) two successive quarterly declines in the gross domestic product. B) two successive quarterly increases in the gross domestic product. C) a period of higher housing prices. D) two successive periods of stock market gains. correct answers B) two successive quarterly increases in the gross domestic product. Explanation When consumers, lured by lower prices, venture back into the market, business activity increases and confidence begins to return. Sl...

Gold Coast FINAL EXAM STUDY SET for 4/11 Gold Coast FINAL EXAM STUDY SET (Questions and Answers, 100% Verified) what are the the areas a realtor should be an expert in? Marketing Valuation & Market Conditions Property Transfer "MVP" Does one need to be a resident of the state or a citizen of the U.S. to get a FL real estate license? to get a FL real estate license, you don't need to be a citizen What must an applicant for a real estate license do if he has been convicted of a cri...

A licensee was showing property in an eight-unit complex to a prospective tenant using a motorized wheelchair. The tenant wanted to rent a unit, install grab bars in the bathroom, and lower all the door handles. The landlord... - Must allow the tenant to make the modifications at the tenants expense, but can require, by the terms of the lease, restoration of the property Which of the following is the best description of a fee simple estate? - The most complete ownership in property that one...

Unit 3 - Virginia License Law and Math Practice Exam With 100% Correct Answers 2024 ____ leases have "automatic renewal" clauses, stating that the lease will automatically renew with the same terms unless one of the parties notifies the other party in writing within a specified number of days before the termination of the lease. all most few none - answermost Phillip advised his clients they needed to paint their master bedroom before showing the property. The walls of this room were...

RECA Fundamentals Exam| 2023/ 2024| Questions and Verified Answers|100% Correct QUESTION Errors and Omissions Insurance? Answer: real estate equivalent of malpractice coverage QUESTION Comprehensive General Liability Insurance? Answer: - broad coverage for claims against injury/damage - civil liability (a fall) - any damages or injuries - legal defense costs - does not cover issues related to real estate transactions QUESTION Voluntary Broker Resoluti...

Abandonment - - Insurance company may choose to take damaged property and pay insured the value - Insured CANNOT surrender damaged property to insurance company Active Retention - Identify the loss/risk exposure and really consider the risk itself and all the measures around it. (ex. Should we transfer it, retain it etc.) Admitted (standard or retail) Insurance companies - Regulated by the state, They often must subscribe to rating and form regulations of that state. Agent or Broker - "I...

Real Estate Marketing: Commercial Real Estate (SAE), Champions Commercial Real Estate- SAE 100% Correct General Lien (also Statatory) attaches to all the property of the debtor, not exempt from forced sale (Example: a judgment or IRS lien) Diplomacy the ability to handle clients and situations in a sensitive and effective way - is critical in commercial real estate, and a lack of it can expose you immediately as a beginner. DTPA The Deceptive Trade Practices Act (DTPA) is a Texas law that...

Nevada Timeshare License 170 Practice Questions with Complete Solutions 100% Verified 2024/2025 The sale of timeshare interests in the State of Nevada is regulated under the provisions of: - Correct Answer NRS 119a The law that regulates real estate in Nevada is: - Correct Answer NRS 645 Who appoints the Administrator of the Real Estate Division? - Correct Answer The Director of the Department of Business and Industry Who appoints the Director of the Department of Business and Industry...