Escrow chapter 3 - Study guides, Class notes & Summaries

Bob Hogue chapter 5 John Anderson is a licensed real estate sales associate. Under which name may he register and be licensed: a.) Complete Real Estate Sales Services b.) John Anderson Brokerage c.) John Anderson, LLC d.) John Anderson and Partners - ANS John Anderson, LLC A sales associate receives a binder deposit from a prospective buyer and Thursday morning. Later that same day, the associate gives the binder deposit to his broker. By the end of business on what day of the we...

Gold Coast RE 1001 Cram, Practice Math and Final Exam with complete solutions Graded A+ 312. Florida has established three authorized brokerage relationships. Unless otherwise established by agreement, what is the broker's relationship with the public? a. Nonrepresentation b. Single agency c. Dual agency d. Transaction brokerage D. Transaction brokerage 242. A broker has been found guilty of mail fraud by a court and sent to jail. The broker's license will: a. Automatically be ...

Legal Aspects of Real Estate Chapter 15 100% Correct What is described as the written instrument that passes the title to the personal property? A title receipt A bill of sale A balance sheet A transaction record A bill of sale California law has held that a post-dated check may be considered the equivalent of a certificate of deposit. cash deposit. promissory note. cashier's check. promissory note. What is the continuing education requirement to renew a real estate license in Californ...

FLORIDA REAL ESTATE CLASS FINAL EXAM(QUESTION AND ANSWERS) GADED A+ A Business Broker - CORRECT ANSWERSpecializes in the sale, purchase or lease of businesses. Is required to have a real estate license and may be licensed as a real estate broker or sales associate Follow-Up is - CORRECT ANSWERKeeping in contact with the new owner after the closing of the sale A builder constructs a house on an owner's lot according to the owner's plans and specifications. This is called - CORRECT ANSW...

Chapter 16-Escrow and Closing Already Rated A+ Which of these transactions requires the use of a Closing Disclosure? ️New home purchase with conventional financing A contract states that the taxes be prorated between the buyer and seller. The taxes have been paid in advance. The proper entry on the closing statement is? ️Credit the seller and debit the buyer The escrow requires that the taxes be prorated between the buyer and the seller. The taxes have not been paid. The property...

Missouri portion of real estate exam graded A+ what is the purpose of chaper 339 protec the public from sales persons and brokers chapter 339 is also called what license law mo real estate commission can fine how much for violations 2500 per cioloation with a maximum of 25000 for contunued violation mo will not here what kind of complaints commisiion a real estate can not work with out workers permit from mrc. when do real estate agents and brokers need to renew license broker june 30 and s...

Property Manager Eligibility Requirements Able to read, write, and understand English Real Estate Broker Practice May engage in building housing and selling housing, or may sell or negotiate the sale of any lot in any subdivision of land comprising of 5 or more lots. Agent Eligibility Requirements 1. Able to read, write, and understand English 2. Is a high school graduate or GED holder 3. Has successfully completed course of study (60 hours) prescribed by the Commission at an ...

FL Pre-License Sales Course (FREC Course 1) Exam Study. Complete Verified Solution. title collection of rights person has in ownership of real property alienation transfer By Operation of Law the courts have intervened Condemnation court action used when right of eminent domain is exercised Lis Pendens pending litigation Opinion of Title title meets all ownership needs and has no questions in its history Abstract history Cloud question about the title Certificate of Title ...

Florida RE Exam Practice Questions c - ANS Which tax lien is superior? a. Mechanic Lien Jan 2, 2013 b. Housing Lien March 30, 2013 c. Property Tax Lien Jan 1,2013 d. Mortgage Lien September 30, 2013 b - ANS A landlord has how many days to make a claim on a deposit? a. 15 b. 30 c. 7 d. 3 b - ANS Which of the following ways is NOT a way to determine a fixture. a. Intent b. Disposition c. Method d. Adaptation a - ANS What fees does the buyer pay...

Chapter 17 Iowa Law All Answers Correct It is legal, in the case of a large earnest money deposit, for the money to be put into an approved trust account with the interest being paid to the buyer. True False t Which of the following is not required to have an active real estate license? A property manager A person who sells only his neighbors properties A person who sells time shares A support person of a licensee who only works open houses. A person who sells time shares Aft...