According to fair housing - Study guides, Class notes & Summaries

pearson vue practice exam Questions and answers, 100% Accurate, graded A+ In stating a seller's price and terms to a prospective buyer, the seller's broker is required by the law of agency to state ONLY those terms that are a. included in the listing agreement b. based on the brokers evaluation of prevailing prices and terms c. favorable for the seller, as determined by the broker d. attractive to buyers, as determined by the broker - -a. included in the listing agreement a lot measu...

A Tennessee licensee must use the "Exclusive Right to Sell" form - required by the licensee's broker. According to the level of authority delegated to the agent, the usual real estate agency is a - limited agency. When must the contract be in writing? - John is agreeing to sell his shed to Shawn for $1,000. One disadvantage in using active listings for comparables is - they provide somewhat dubious comparisons because listing prices are not selling prices. Why is it sometimes necessary ...

A Tennessee licensee must use the "Exclusive Right to Sell" form correct answer: required by the licensee's broker. According to the level of authority delegated to the agent, the usual real estate agency is a correct answer: limited agency. When must the contract be in writing? correct answer: John is agreeing to sell his shed to Shawn for $1,000. One disadvantage in using active listings for comparables is correct answer: they provide somewhat dubious comparisons because listin...

How many square feet in one acre? - ANSWERThere are 43,560 square feet in an acre Mr. and Mrs. Conners sold their home and paid an 8% commission to their realtor. Assuming no other fees, if they walked away from the sale with $306,000, about how much did their house sell for? - ANSWER$332,600 To solve this problem, set up an equation using P for the answer you seek: You know that the seller walked away with $306,000. If the agent was to take 8% of the selling price (P), then the seller rec...

Module 3: Hawaii Pre-Licensing Real Estate Class Complete Answers 1) Mr. Juarez, a Spanish-American man, went to a real estate agency to rent a home. They placed him with a Spanish-speaking salesperson, who showed Mr. Juarez properties in Spanish-speaking areas only. Mr. Juarez asked about a house he had seen in a Caucasian neighborhood. The salesperson lied in telling Mr. Juarez that the property had already been rented. This is: A) Illegal discrimination based upon the company policy...

According to fair housing, which of these is not a protected class? A. muslim B. arab C. homosexual D. single mother - Answer- C. homosexual The front door key to a house is: A. chattel B. fixture C. improvement D. trade fixture - Answer- B. fixture The phrase "bundle of legal rights" is properly included in: A. the definition of real property B. a legal description C. real estate transactions D. leases for less than one year - Answer- A. the definition of real property...

WRA FINAL EXAM QUESTIONS AND ANSWERS. 0-Bedroom Dwelling ANSWER : Any residential dwelling in which the living area is not separated from the sleeping area Abstract of Title ANSWER : A condensed history of a property's title showing, in chronological sequence, matters such as conveyances, liens, and encumbrances that have been recorded against the title in the office of the register of deeds or other public recording place Acceleration Clause ANSWER : A clause within a mortgage permitti...

Superior School of Real Estate Final Exam Questions and Answers 100% Pass Which of the following would create legally binding acceptance of a written offer? The seller's agent emails the buyer's agent that the seller signed the offer as written. A broker is preparing a comparative market analysis (CMA) for a subject property with 3200 square feet. A comparable property has 2750 square feet. The estimated value of 450 additional square feet is $22,500. The broker should... Add $22,500 to the s...

CH. 4 - REVIEW OF COLORADO CONTRACT LAW COLORADO CONTRACTS & REGULATIONS UNIT EXAM REVIEW QUESTIONS AND ANSWERS, 100% ACCURATE, GRADED A+/ According to the Colorado Real Estate Commission, division of a property into how many interests defines a subdivision? - -20 Which of the following is NOT a protected class in the Colorado Fair Housing Act? A. Gender. B. Handicap. C. Occupation. D. Marital status. - -Occupation. The Conway-Bogue decision: - -set the degree to which real estate br...

Bundle of Rights - included in ownership of realty Assignment - transfer for the entire balance of the term of the lease of the whole or a part of the leased premises 4 elements of value - utility, scarcity, demand, transfer-ability. adjustable rate mortgage - allows for periodic adjustment of the interest rate according to a preselected index. start lower than current fixed rates. affirmitive Easement - allows access Air Rights - The rights to use the air above the land. Alienation - the...