Blind ad - Study guides, Class notes & Summaries

ASREB Practice Exam, Sessions 1-18, Study Guide Questions Correctly Answered And Graded A+ ASREB A 3.45-acre lot sells for 50 cents per square foot. What is the selling price? A) $37,570 B) $75,141 C) $76,230 D) $78,712 B 3.45 acres x 43,560 = 150,282 SF 150,282 SF x $0.50 = $75,141 A blind ad refers to an ad that A) provides no price. B) provides no address. C) gives no indication that the property is listed with a broker. D) gives no indication that the property has bene ...

Abstract of Title A summary and certification by the abstractor of the history of the title to property form the original grant through all subsequent conveyances. Acceleration Clause The clause in a mortgage or deed o trust that can be enforced making the entire debt due immediately upon default of the borrower. Acceptance The expression of the intention of the person receiving an offer (offeree, usually the seller) to be bound by the terms of the offer. Accession Obtai...

Champions School of Real Estate - Exam Prep Buyer Representation Agreement An employment contract obligating a broker to act as a fiduciary to a buyer Implied Agency Agency as a result of customary, usual or typical conditions Broker A properly licensed party who serves a principal in an agency relationship- also called an agent Client A party represented by a broker in an agency relationship - also called a principal Duties of an Agent An agent owes his client obedienc...

Final NYS Exam Review Questions And Answers NYS Department of State - ANS The Department of State is primarily responsible for issuing real estate licenses, pocket cards, and handing down disciplinary action. Article 12-A of the NYS Real Property Law outlines the roles/duties of the Department of State. Commissions - ANS Commissions are paid by the client (buyer or seller depending on the transaction) to the brokers involved in the transaction. A typical commission in New York is 6%...

ASREB Practice Exam, Sessions 1-18, Study Guide with Complete Solutions ASREB - Correct Answer ️️ - A 3.45-acre lot sells for 50 cents per square foot. What is the selling price? A) $37,570 B) $75,141 C) $76,230 D) $78,712 - Correct Answer ️️ -B 3.45 acres x 43,560 = 150,282 SF 150,282 SF x $0.50 = $75,141 A blind ad refers to an ad that A) provides no price. B) provides no address. C) gives no indication that the property is listed with a broker. D) gives no indication tha...

ASREB Practice Exam from Book Questions & Answers Verified 100% Correct!! A 3.45-acre lot sells for 50 cents per square foot. What was the selling price? a. $37,570 b. $75,141 c. $76,230 d. $78,712 b. $75,141 A blind ad refers to an ad that a. provides no price b. provides no address c. gives no indication that the property is listed with a broker d. gives no indication that the property has been sold or not c. gives no indication that the property is listed with a broker A borrow...

Department of State responsibility? - Answer Responsible for issuing real estate licenses, pock cards, and handing down disciplinary action. Article 12-A NYS real property law outlines - Answer Roles and responsibilities of department of state. Typical commission in NY? - Answer 6% Commissions are ______ and determined by____? - Answer -Negotiable -both client and broker Blind ad - Answer An ad that remains anonymous as to who is advertising. Which is illegal Wh...

Article 12A: NYS Real Property Law - correct answer "Real Estate License Law" - violation is a misdemeanor punishable by loss of license, $1000 fine, revoking of license - all salespersons have license suspended - after 1 year broker can apply to get license back Capital Gains Tax Exemption - correct answer -profit from sale that is taxed - single person has first $250,000 tax free - married couple $500,000 tax free Property Condition Disclosure Statement - correct answer - 6 page...

A community pharmacy wants to offer a fee-for-service diabetes patient education program to its customers. Which of the following is the MOST appropriate way to market this new program? A. Place an ad in the regional paper B. Place flyers in every prescription bag C. Send out letters to local hospital administrators D. Contact the top 3 insurance companies in the state - ANSWER B. Place flyers in every prescription bag In a fee-for-service environment, where patients pay out-of-pocket, the ...

ASREB Practice Exam Questions With 100% Correct Answers. A 3.45-acre lot sells for 50 cents per square foot. What was the selling price? a. $37,570 b. $75,141 c. $76,230 d. $78,712 b. $75,141 A blind ad refers to an ad that a. provides no price b. provides no address c. gives no indication that the property is listed with a broker d. gives no indication that the property has been sold or not c. gives no indication that the property is listed with a broker A borrower is required to...