Brokers fees are - Study guides, Class notes & Summaries
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Law of Agency – Champions Exam Questions and Answers (Graded A)
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Which of the following has the authority to suspend or revoke a Texas real estate license? - Answer- TREC 
 
Which of the following is an element of a listing agreement? - Answer- the agreement to pay a stated commission, usually a percentage of the sales price 
 
the IRS considers which of the following a violation of independent contractor status? - Answer- salesperson is told to work set hours, guaranteed a monthly minimum wage, has his licensing fees paid by the broker 
 
the TAR buyer repre...
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NMLS SAFE ACT MLO Exam - Federal Law | 100 Questions with 100% Correct Answers | Verified | Latest Update 2024 | 37 Pages
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If a borrow is on the DO NOT CALL LIST and makes an inquiry about doing business with you in regards to 
a loan, when does right to contact them expire? 
A. 1 month 
B. 2 months 
C. 3 months 
D. 4 months - C. 3 months 
An established business relationship with a company also will be created if you make an inquiry to the 
company, or submit an application to it. This kind of established business relationship exists for three 
months after the inquiry or application. During this time, the company ...
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STUDY GUIDE FOR THE NY REAL ESTATE EXAM QUESTIONS WITH CORRECT ANSWERS
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STUDY GUIDE FOR THE NY REAL 
ESTATE EXAM QUESTIONS WITH 
CORRECT ANSWERS 
Independent contractor must pay their own expenses. - Answer ️️ -According to IRS code 
section 3508[A, B], 
real estate agents are statutory non-employees and are therefore independent contractors. 
The code also states that there must be a written contract between the broker and the sales 
associate, also reviewed every 12-15 months 
· All records must be kept for 3 years 
· If sales associate not deemed independen...
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NYS Real Estate Exam Questions And Correct Answers. Complete Verified Solutions
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NYS Real Estate Exam Questions And Correct Answers. Complete Verified Solutions 
 
Which of the following is considered a fixed operating expense? utilities, cleaning expenses, insurance premiums, management fees. 
Insurance Premiums 
What is overage rent? 
Rent calculated on a percentage of sales volume 
what is the amount a buyer owes at closing equal to? 
The excess of the buyers debits over the buyers credits 
real estate agents are typically what kind of agent 
special agent 
what is the em...
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NMLS SAFE ACT MLO Exam - Federal Law Questions and Answers 100% Correct
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NMLS SAFE ACT MLO Exam - Federal Law Questions and Answers 100% Correct 
 
NMLS SAFE ACT MLO Exam - Federal Law Questions and Answers 100% Correct 
 
NMLS SAFE ACT MLO Exam - Federal Law Questions and Answers 100% Correct 
 
NMLS SAFE ACT MLO Exam - Federal Law Questions and Answers 100% Correct 
 
If a borrow is on the DO NOT CALL LIST and makes an inquiry about doing business with you in regards to a loan, when does right to contact them expire? 
 
A. 1 month 
B. 2 months 
C. 3 months 
D. 4 mo...
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NMLS SAFE ACT MLO Exam - Federal Law Final Review Test 2024.
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NMLS SAFE ACT MLO Exam - Federal Law Final Review Test 2024. 
If a borrow is on the DO NOT CALL LIST and makes an inquiry about doing business with you in regards to a loan, when does right to contact them expire? 
 
A. 1 month 
B. 2 months 
C. 3 months 
D. 4 months - correct answer C. 3 months 
 
An established business relationship with a company also will be created if you make an inquiry to the company, or submit an application to it. This kind of established business relationship exists for...
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NYS REAL ESTATE EXAM 2024 QUESTIONS AND ANSWERS
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NYS REAL ESTATE EXAM 2024 
QUESTIONS AND ANSWERS 
NYS Dept of State - Answer ️️ -agency that licenses real estate agents/brokers 
Property law name - Answer ️️ -Article 12A 
Types of real estate licenses (3) - Answer ️️ -salesperson, associate broker, broker 
An associate broker... - Answer ️️ -has no broker powers 
A broker... - Answer ️️ -sponsors salespeople and associate brokers 
The salesperson's license is kept by... - Answer ️️ -the broker for whom the salesperson...
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COLORADO CONTRACTS & REGULATIONS UNIT EXAM REVIEW QUESTIONS AND ANSWERS, 100% ACCURATE, GRADED A+/| latest update 2024/25|
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COLORADO CONTRACTS & REGULATIONS UNIT EXAM REVIEW 
QUESTIONS AND ANSWERS, 100% ACCURATE, GRADED A+/ 
It is possible for the public to get the address and number of a licensee from the Real Estate Commission. 
1. True 
2. False - -1 
If you practice real estate without a license you will be prosecuted by 
1. the sheriff. 
2. the attorney general. 
3. a district attorney. 
4. the Real Estate Commission. - -3 
An individual who charges a fee to sell options on real estate must have 
1. an option...
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Colorado Broker Exam Prep Questions With Rationale Answers
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Under Conway-Bogue, lisencees must be connected to the ______, must use ______ and approved forms, and may not ______ for preparing the documents - ANSWER-transaction, standard, charge separate fees 
 
Per RESPA and AfBA, brokers may not accept ______ or _______ from title companies. - ANSWER-Referral fees, inducements 
 
Colorado only issues ______ _____ - ANSWER-Broker's licenses. 
 
Colorado requirements for licensing: ____ hours of education, ___ the state licensing exam, present valid ____...
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HUD Housing Counseling Exam | 200 Questions with 100% Correct Answers | Verified | Latest Update 2024
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Federal law granting citizenship to former slaves; passed over Johnson's veto. (Race and Color) - Civil 
Rights Act of 1866 
banned discrimination in the rental or sale of housing (Race, color, religion, national origin) - Fair 
Housing Act of 1968 
added gender (sex) to the protected classes - Housing and Community Development Act of 1974 
Added Disability and familial status to protected classes. - Fair Housing Amendments Act of 1988 
Requires lenders and brokers to ensure that applicants und...
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