Condos - Study guides, Class notes & Summaries
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FL CAM License Exam Questions And Correct Answers, With Complete Verified Solution. Over 400 Questions And Answers With Rationale. Graded A+
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FL CAM License Exam Questions And Correct Answers, With Complete Verified Solution. Over 400 Questions And Answers With Rationale. Graded A+ 
 
1. Condominium form of ownership is comprised of units owned by one or more persons and joint ownership of ________ share in the common elements. 
A. a percentage 
B. an undivided 
C. a proportional 
D. a complete 
B. an undivided 
 
Condominium means individual ownership of a unit coupled with joint ownership of an undivided share of the common elements...
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Unit 3 Beyond the Single-Family Home Condos, Townhomes, and Residential Leasing Exam Questions and Answers
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Tenants and landlords want to know market rental rates. An agent representing either a landlord or a tenant will estimate current market rental rates by performing - Answer-a competitive rental market analysis (CRMA). 
 
The maintenance, repairs, and improvements to the common elements are paid through - Answer-association fees. 
 
Are salespersons allowed to place signs and lockboxes on CIC properties? - Answer-It depends upon the homeowners association bylaws, rules, and regulations. 
 
In add...
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Series 65 Exam Prep || Already Graded A+.
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Definition of Security correct answers 1. Investment of money 
2.In a common enterprise 
3. With an expectation of profit 
4.Results solely from the efforts of others 
 
What are considered securities? correct answers 1. Stock 
2. Bond 
3. Debenture 
4. Right or warrant 
5. Note 
6. Put, call, straddles, privileges on securities or other option 
7.Limited Partnership interest 
8. Certificate of interest in a profit-sharing agreement 
9.Treasury Stock 
10. Evidence of indebtedness 
11. Collatera...
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Condos, Co-ops, Timeshares, And PUDs
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Condos, Co-ops, Timeshares, And PUDs
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FL CAM License | 420 Questions with 100% Correct Answers | Verified | Latest Update 2024
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1. Condominium form of ownership is comprised of units owned by one or more persons and joint 
ownership of ________ share in the common elements. 
A. a percentage 
B. an undivided 
C. a proportional 
D. a complete - B. an undivided 
Condominium means individual ownership of a unit coupled with joint ownership of an undivided share 
of the common elements as well as mandatory membership in the association. 
2. Under the General Corporate Law _______, community associations have the right to buy,...
And that's how you make extra money
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FINC 371 (Peterson) Final Exam Questions & Answers 100% Correct!!
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Ch. 11 - ANSWERResidential Land Uses 
 
Types of Residential Development - ANSWER1. Single-family detached 
-> privacy, elbow room, best resale value 
 
2. Single-family attached 
-> lower development costs per unit, higher density, less yard work, shorter utility lines (town houses, plexes, patio or zero-lot-line) 
 
3. Multifamily 
-> don't need a down payment, no maintenance/yard work, allow you to live in certain areas you normally couldn't (condos and coops) 
 
4. Manufactured ho...
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IICRC Commercial Drying Specialist (CDS) | Questions and answers with 100% correct solutions | A+ Grade
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The first principle of restoration as described by the S500 on a restoration project is to _____ 
Account for the health and safety of occupants 
Describe at least three characteristics of commercial drying projects that make it different from typical 
residential ones Complex wiring 
Public access and security 
Multiple stakeholders 
Electrical power 
Complex construction,materials, codes 
The S500 describes Commercial Buildings in the following way: 
•Commercial 
•Industrial 
•Institutio...
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New York Real Estate Salesperson Midterm Exam And Answers Rated A+ 2024.
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Article 12A: NYS Real Property Law - 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 - 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 - Answer - 6 page statement sell...
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FL CAM LICENSE QUESTIONS AND ANSWERS
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1. Condominium form of ownership is comprised of units owned by one or more persons and joint ownership of ________ share in the common elements. 
A. a percentage 
B. an undivided 
C. a proportional 
D. a complete - Answer- B. an undivided 
 
Condominium means individual ownership of a unit coupled with joint ownership of an undivided share of the common elements as well as mandatory membership in the association. 
 
2. Under the General Corporate Law _______, community associations have the rig...
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NMLS Laws And Regulations Exam Questions 2024.
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NMLS Laws And Regulations Exam Questions 2024. 
CFPB - correct answer Consumer Financial Protection Bureau 
 
What does the CFPB do? - correct answer Regulates RESPA, TILA, ECOA, and HMDA 
 
FTC - correct answer Federal Trade Commission 
 
What does the FTC do? - correct answer Monitors Red Flag Rules 
 
RESPA - correct answer Real Estate Settlement Procedures Act 
 
What does RESPA do? - correct answer •Protects homeowners of Single, 1-4 family dwellings, condos, & homes manufactured on lot. ...
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