Issues in real estate - Study guides, Class notes & Summaries

Professional Home Inspector Exam NHIE / TREC Questions and Answers Already Passed Document Content and Description Below Professional Home Inspector Exam NHIE / TREC Questions and Answers Already Passed The inspector is not required to determine ____ ___ of any system or component. -Years of age -Life expecta ncy -Make model Horizontal waste pipe should slope ____ inch per foot 1/4" per foot if < 3 inch pipe. 1/8" per foot if > or = to 3 inch pipe Drip screed Also called weep screed. U...

360 Training Sessions Latest Update Graded A+ National Association of Realtors (NAR) The largest professional association in the real estate industry Was first organized in 1908 To be a full member of this association, a person must be licensed in an individual state to sell real estate and must join the local board of the NAR. In most areas, this board is called the Association of REALTORS A REALTOR® is a professional in real estate who subscribes to a strict code of ethics k...

M100 questions and answers 100% verified. Community Association - correct answer. Mandatory memberships, mutually binding contracts, lien-based assements Purpose of community association - correct answer. Provide for the community, business, and governance aspects of the association Basic types of community association - correct answer. Planned communities, condominium, and cooperatives Planned community - correct answer. HOA, owner association Con...

Colibri Real Estate Exam In a real estate transaction the principal would BEST be described as the - CORRECT ANSWER Person represented by an agent Bert is showing his buyer a home in a historic district. The buyer mentions in passing that she would like to place solar panels on the roof. Beet knows that the homeowners association CC&Rs would prohibit this to protect the historic character of the neighborhood, but he doesn't tell the buyer for fear she'll loose interest in the h...

PSI Real Estate Exam (MD State Portion) Questions with Verified Solutions 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 - Ser...

Charles Barnes Real Estate Questions and Answers Already Passed How does the Code define Real Estate??? Any interest or estate in real property, within or without the State of Oklahoma, whether vested, continent or future, corporeal or incorporeal, freehold or nonfreehold, and including leaseholds, options and unit ownership estates to include condominiums, time-shared ownerships and cooperatives; provided, however, that the term "real estate" show not include oil, gas or other miner...

Bob Hogue Real Estate Questions and Answers Already Passed What is the “fair housing act” designed to prevent in real estate transactions? Discrimination based on race, color, religion, sex, national origin, disability, or familial status. What is a “listing agreement” in real estate? A contract between a property owner and a real estate broker authorizing the broker to find a buyer for the property. What is a “mortgage contingency” in a real estate purchase contrac...

Oklahoma Real Estate Exam Questions and Answers Rated A+ How does the code Define Real Estate? Shall Include any interest or estate in real property. Does NOT include the interest of oil, gas or other mineral interest Real Estate Broker Shall include any person , Partnership, association, or cooperation, who for a fee lists, sells, offers to sell, buys, or attempts to buy, exchanges, rents, leases, or attempts to negotiate any such activity Broker Associate Shall include any perso...

GOLD COAST REAL ESTATE EXAM Farming when a licensee focuses on one type or style of property or one particular neighborhood farm area target market; one of the best ways to succeed in real estate Areas of expert knowledge required for all real estate licensees 1. Property Transfer 2. Valuation and Market Conditions 3. Marketing (consider MLS; Multiple Listing Service) Residential Transaction F.S 475 The sale of any improved residential property of 4 units or fewer. Unimpr...

Real Estate Appraisal: SAE Fundamentals 2023 Rated 100% Correct The appraisal process requires that the appraiser collect, record and verify -ANS- data on the region, city and neighborhood when choosing comparable sales for the sales comparison approach, property characteristics that should be identical or very similar to those of the subject property include the -ANS- size of lot & building, ager of building and type of construction, number and type of rooms one method of compensation ...