Broker 2 - Study guides, Class notes & Summaries

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CCS Course 2023 Questions and Answers Graded A
  • CCS Course 2023 Questions and Answers Graded A

  • Exam (elaborations) • 19 pages • 2023
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  • CCS Course 2023 Questions and Answers Graded A The CCS Designation is granted by: The Canadian Society of Customs Brokers True or False: A CCS is a licensed customs broker False True or False: A CCS is regulated by the government False True or False: A CCS requires 20 professional development points to maintain the designation True Records must be maintained for a period of at least: 6 years True or False: A written agreement must be made for a customs broker to act of behalf of a client T...
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chapter 2 of mortgage broker course correctly answered
  • chapter 2 of mortgage broker course correctly answered

  • Exam (elaborations) • 76 pages • 2024
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  • chapter 2 of mortgage broker course correctly answered
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West Virginia Real Estate Exam Prep (WV Specific Portion) Questions with 100% Correct Answers | Verified | Latest Update 2024 | 23 Pages
  • West Virginia Real Estate Exam Prep (WV Specific Portion) Questions with 100% Correct Answers | Verified | Latest Update 2024 | 23 Pages

  • Exam (elaborations) • 23 pages • 2023
  • All members of the West Virginia Real Estate Commission must have been residents of the state for at least the previous___________. - 6 years What are the requirements necessary for a West Virginia salesperson licensee to obtain a broker license - - Served an apprenticeship as a licensed salesperson for two years and experience the equivalent of a full-time license sales agent. - Completed the broker required education.. (90 hours) -The overall requirement is 180 hours which would have bee...
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PSI Real Estate Exam (MD State Portion) Latest 2023 Graded A+
  • PSI Real Estate Exam (MD State Portion) Latest 2023 Graded A+

  • Exam (elaborations) • 60 pages • 2023
  • PSI Real Estate Exam (MD State Portion) Latest 2023 Graded A+ Real Estate brokerage is govern by: 1. Satutory Law - Brokers Act "Title 17" 2. Administrative Law - Code of Maryland Regulations (COMAR) Regulation is enacted and enforced by MD Real Estate Commission (MREC) Brokerage Services: For consideration: - *Selling, buying, exchanging, or leasing* any real estate or collecting rent - Assisting to *locate/obtain* for purchase/lease any residential real estate - Serving as a consultant En...
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NY Real Estate Exam questions and answers latest top score.
  • NY Real Estate Exam questions and answers latest top score.

  • Exam (elaborations) • 17 pages • 2024
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  • According to the New York State real property law, a real estate salespersons license is issued for a term of how many years? - ans 2 years 2. What type of residential real property transfer would require a property condition disclosure statement? - ans Newly constructed property that has not been previously inhabited 3. What happens to the licenses of salesperson's if they're sponsoring broker's license is revoked or suspended? - ans They are suspended 4. A listing broke...
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WA Surplus Lines Broker Exam Correct Questions & Answers(GRADED A)
  • WA Surplus Lines Broker Exam Correct Questions & Answers(GRADED A)

  • Exam (elaborations) • 18 pages • 2023
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  • When are you required to file premium tax return for the previous calendar year by? - ANSWERSMarch 1st What does statutory accounting mean? - ANSWERSRules state that certain assets are non-admitted (don't count) as you can't pay claims with them. Bonds rated ___________ and higher are considered investment grade. - ANSWERS1 & 2 What does IBNR stand for? - ANSWERSIncurred but not reported True or false, individuals whose Surplus Line Brokers license was active and did not have an ac...
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Texas Auctioneer License Part 2 Exam Questions and Correct Answers
  • Texas Auctioneer License Part 2 Exam Questions and Correct Answers

  • Exam (elaborations) • 11 pages • 2023
  • Texas Auctioneer License Part 2 Exam Questions and Correct Answers Name some persons that are exempt from needing an auctioneer license. - CORRECT ANSWERS 1. U.S. court ordered sale 2. A government sponsored or conducted sale. 3. A charitable organization as long as no compensation 4. A sale of real property by a trustee under a security instrument. 5.A sale of real property by an owner with an interest or employee (unless he/she is a licensed auctioneer by trade) and all pr...
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PSI REAL ESTATE SALESPERSON PRACTICE EXAM CORRECT 100%
  • PSI REAL ESTATE SALESPERSON PRACTICE EXAM CORRECT 100%

  • Exam (elaborations) • 16 pages • 2023
  • A couple listed their home with a broker. After 2 months, the seller found a buyer, and the sale closed. The seller was not obligated to pay a commission to the broker. This listing was MOST likely 1. an exclusive agency listing. 2. an exclusive right to sell listing. 3. a net listing. 4. an advance fee listing. - ANSWER an exclusive agency listing What critical aspect of the property inspection process MUST licensees convey to prospective buyers? 1. Difficulty of finding competent ins...
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New York real estate exam 2024
  • New York real estate exam 2024

  • Exam (elaborations) • 9 pages • 2024
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  • New York real estate exam 2024 The name of the statue that protects the public from unscrupulous salespersons and brokers is - Answer ️️ -Article 12 of the real property law A real esate brokers license term is - Answer ️️ -2 years To become a real estate salesperson in new york one must - Answer ️️ -Find a sponsoring broker The end of a license term for a real estate person is - Answer ️️ -2 years from issue date If a brokers license is revoked the salespersons license - ...
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PSI National Exam for Real Estate Test Bank with complete solutions | Latest 2023/2024
  • PSI National Exam for Real Estate Test Bank with complete solutions | Latest 2023/2024

  • Exam (elaborations) • 38 pages • 2023
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  • PSI National Exam for Real Estate Test Bank with complete solutions | Latest 2023/2024 A written agreement in which a purchaser agrees to buy and a seller agrees to sell is called ️ a contract Antitrust laws prohibit competing brokers from all of the following ️ 1. boycotting other brokers in the marketplace. 2. dividing the market to restrict competition. 3. agreeing to set sales commissions and management rates. When a sewer line is installed down a rural road, the cost will probabl...
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