Aceable property agent - Study guides, Class notes & Summaries

Aceable Agent Principles of Real Estate 2 Exam Questions with Correct Answers Amortization - answerThe repayment of a loan principle over time Arrears - answerPayment for an item or service after it's received Down Payment - answerThe initial payment made when buying something on credit, a ____________ is paid directly by the buyer to the seller Proration - answerThe allocation or distribution of an annual expense across smaller chunks of time Acreage - answerA unit of measurement used ...

Aceable Agent Real Estate Principals 2 Exam 2023/2024 General Data - ANSWER-Is information about a property's location. This could include the city, region, and neighborhood in which the poperty uis situated. Specific Data - ANSWER-Is information regarding the property itself. Principle if Anticipation - ANSWER-The idea that the present value of a property is affected by the ANTICIPATED income or utility that property will give its property owner. Principle of Contribution - ANSWER-...

Aceable Agent: Level 1 Questions Correctly Answered | Verified Update Five Catagories of Real Estate Properties - ANSWER (1) Residential, (2) Commercial, (3) Industrial, (4) Farm & Land/ Agriculture (5) Special Purpose Apartment Locator - ANSWER A real estate license holder who locates dwelling units for prospective tenants Tenant - ANSWER one who possesses (rents) real property for a period of time, usually under a lease. The property or estate is normally owned by the landlord...

ACEABLE REAL ESTATE PRINCIPALS 1 EXAM PRACTICE TEST WITH COMPLETE SOLUTIONS A married couple purchased a primary residence for $600,000 in 2015. They lived there for seven years. In 2022, they sold the property for $1,000,000. How much profit will they owe capital gains tax on? -answer0 What is a REALTOR®? -answera member of the National Association of Realtors®. Which of the following is NOT a category of the NAR® Code of Ethics? -answerDuties to lenders Select the statement that de...

Aceable Agent Principles of Real Estate 2 Exam Questions with Correct Answers Amortization - answerThe repayment of a loan principle over time Arrears - answerPayment for an item or service after it's received Down Payment - answerThe initial payment made when buying something on credit, a ____________ is paid directly by the buyer to the seller Proration - answerThe allocation or distribution of an annual expense across smaller chunks of time Acreage - answerA unit of measurement used ...

Aceable Agent , Level 1 , Property Ownership

Aceable Agent Principles of Real Estate 2 Exam Questions with Correct Answers Amortization - answerThe repayment of a loan principle over time Arrears - answerPayment for an item or service after it's received Down Payment - answerThe initial payment made when buying something on credit, a ____________ is paid directly by the buyer to the seller Proration - answerThe allocation or distribution of an annual expense across smaller chunks of time Acreage - answerA unit of measurement used ...

Aceable Agent Exam Questions with 100% Correct Answers C. client - answerA real estate agent works exclusively with buyers. They have chosen a specialization that focuses on the: A. geographical area B. commission split C. client D. property type C. sales prices are more negotiable for buyers - answerWhich of the following describes a buyers market? A. It's likely a seller can easily sell a home for more than the listing price B. Sellers are less likely to have to pay for closing cos...

Aceable Agent - Principles of Real Estate II Exam Notes 100% Verified TOTAL = PART/PERCENTAGE PART = TOTAL x PERCENTAGE PERCENTAGE = PART/ TOTAL - answerFormulas to calculate commission? PRINCIPAL - answerWhat is the term that describes the money that is lent? CASH TO CLOSE - answerDown payment minus earnest money? TOTAL SALES PRICE - answerLoan payment + loan principal? ORIGINATION POINTS - answerLoan points/fees charged 1% to compensate loan officers for underwriting and administering...

Aceable Agent Real Estate Study Terms Question with complete solution 2023/2024Abstract of Title - correct answer The condensed history of a title to a particular parcel of real estate, consisting of a summary of the original grant and all subsequent conveyances and encumbrances affecting the property and a certification by the abstractor that the history is complete and accurate. abutting - correct answer sharing a common boundary; adjoining acceleration clause - correct answer The ...