Fiduciary relationship Study guides, Class notes & Summaries
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FL Real Estate Associate Exam Practice Questions 1. Agency relationship in Florida with the fewest duties/obligations:: Non-representation broker 2. If Jackson has no fiduciary duty and offers no representation whatsoever to the buyer or the seller in a t
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FL Real Estate Associate Exam Practice Questions 
1. Agency relationship in Florida with the fewest duties/obligations:: Non-representation broker 
2. If Jackson has no fiduciary duty and offers no representation whatsoever to 
the buyer or the seller in a transaction, Jackson is a:: Non-representation broker 
3. Entity that determines and issues the final order in a disciplinary case 
constituting the finale agency action?: FREC 
4. Circumstance when broker serving as an intermediary can collec...
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Real Estate U Final Exam Study Guide|Q&A, 100% verified| Latest 20232024|Complete|Helps you Ace your RE U Final Exam
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Real Estate U Final Exam Study Guide|Q&A, 100% verified| Latest 20232024|Helps you Ace your RE U Final Exam 
Real Estate U Final Exam Study Guide| 
Q&A, 100% verified| Latest 20232024|Helps 
you Ace your RE U Final Exam 
Article 12-A of the NYS Real Property Law 
The section of the New York Real Property Law 
pertaining to real estate salespersons and brokers. 
- Primary purpose is to "Protect the Public" 
- Requires a salesperson to be at least 18 years of age 
- Requires a broker to be ...
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Law of Agency - Champions School of Real Estate Questions and Answers
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Law of Agency - Champions School of Real Estate Questions and Answers
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NYREI School Exam (question and answers 2023) graded A+
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NYREI School Exam (question and answers 2023) graded A+What is the minimum licensing requirement to sell commercial real estate in New York? - correct answer a real estate salesperson's license 
 
What is the preferred method of creating an agency relationship? - correct answer expressed agency 
 
An amenity purchaser - correct answer occupies or uses the purchased property 
 
Condominium units are considered _____ property and are conveyed by _____. - correct answer real / deed 
 
A salesperso...
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NY REAL ESTATE EXAM 2023 WITH 100% CORRECT ANSWERS
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According to the New York State Real Property Law, a real estate salesperson's license is issued for a term of how many years? 
Two 
 
 
 
What happens to the licenses of salespersons if their sponsoring broker's license is revoked? 
They are suspended 
 
 
 
Which type of residential real property transfer would require a property to condition disclosure statement? 
Lease with an option to purchase 
 
 
 
A listing broker for the seller has a buyer-client who asks to see the listing. This req...
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Law 3220 Exam 4 Clemson Latest Update Graded A
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Law 3220 Exam 4 Clemson Latest Update Graded A Agency An agency is created when a person or company (an agent) agrees to act for or in place of another person or company (the principal) 
Parties in an Agency -The principal creates authority in an agent -The agent receives authority and carries out the principal's instructions -Third parties make contract or are involved in torts with the agents 
Disclosed Principal Identity of principal is known by the third party at time of making of contract ...
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Solutions for Government and Not-for-Profit Accounting: Concepts and Practices, 9th Edition;9781119803898 ; by Granof
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Complete Solutions Manual for Government and Not-for-Profit Accounting: Concepts and Practices, 9th Edition 9e by Michael H. Granof, Saleha B. Khumawala, Thad D. Calabrese. ISBN-13: 3898 1 The Government and Not- for- Profit Environment 1 How Do Governments and Not- For- Profits Compare With Businesses? 2 In Practice: Why Is State And Local Government Accounting Important? 6 What Other Characteristics of Governments and Not- For- Profits Have Accounting Implications? 9 How Do Governments Compare...
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Texas Principles of Real Estate 1 Final Exam | Questions and Verified Answers | Grade A | 2024 / 2025 Update
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Texas Principles of Real Estate 1 Final Exam | Questions and Verified Answers | Grade A | 2024 / 2025 Update Q: An insurance policy protecting against a variety of hazards is referred to as a...? Homestead Policy Individual Policy Homeowners Policy Package Policy Answer: Homeowners Policy Q: Which of the following is an advantage to owning a home...? Tax benefits Pride of ownership Potential for asset appreciation All of the above Answer: All of the Above Q: An individual is exempt from paying t...
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Kentucky Real Estate Practice Final One |120 questions and answers.
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condominium 
Severalty ownership of air rights combined with an undivided interest in the common areas of real estate would MOST LIKELY describe a 
 
 
 
on probation 
A licensee could be active in the real estate business if his/her license is 
 
 
 
Agent Kenzie has terminated her relationship with her broker. The broker has returned her license to the BREP. Agent Kenzie has 
thirty days to place her license in escrow or find another broker 
 
 
 
Disciplinary actions that can be taken by the ...
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LAW OF AGENCY Exam 2024 Questions & Answers 100% Correct!
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Fiduciary: - ANSWERSan individual upon whom is placed the highest levels of trust and confidence when acting on behalf of another; specific fiduciary duties include obedience, loyalty, disclosure, confidentiality, accountability, and reasonable care 
 
An agency relationship: - ANSWERS"a fiduciary relationship created wherein one party (the client or principal) authorizes another party (the agent) to represent their best interests and that second party (the agent) accepts the responsibility g...
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