Michigan salesperson - Study guides, Class notes & Summaries

MICHIGAN BUILDERS LICENSE –ACTUAL EXAM WITH ALL QUESTIONS AND 100% CORRECT ANSWERS/A+ GRADE • Xylem • Sap • Cambium • Phloem • - Cambium The Department and the may remove a limitation. Hearing Examiner Director Board Commission - Board A salesperson shall turn over money for a sale to their licensed builder Immediately Within 10 days Within 48 hours Anytime - Immediately A newly constructed building cannot be used or occupied in whole or part without Ce...

A layer of new wood on a tree just under the bark is called __________. · Xylem · Sap · Cambium · Phloem CORRECT ANSWERS - Cambium The Department and the __________ may remove a limitation. Hearing Examiner Director Board Commission CORRECT ANSWERS - Board A salesperson shall turn over money for a sale to their licensed builder Immediately Within 10 days Within 48 hours Anytime CORRECT ANSWERS - Immediately A newly constructed building cannot be used or occupied in whole or pa...

PSI Real Estate Practice Exam - Michigan (Chapter 1)Designated Agent - correct answer A person authorized by the broker to act as the agent of a specific principal - common in dual agency relationships, two salespersons from the same company can represent opposite sides of the sale. Income Approach - correct answer What approach does an appraiser take primarily for an investment property? 1.) "Personal Assistant" (Answer) 2.) "Agent-Assistant" 3.) "Proxy-Agent" 4.) "Broker-Assign...

What is the 1st offense penalty for engaging in the practice of residential building without a license? Not less than $5K and not more than $25K and/or 1 year What is the penalty for engaging in the practice of residential building, resulting in a death? Not less than $5K and not more than $50K and/or 4 years On your individual builder's license application, what should you write as your "business address"? Your personal address What is the cost of the individual builder's license? $19...

Michigan Builders License - All questions for the 60 Course Questions and Correct Answers A layer of new wood on a tree just under the bark is called __________. · Xylem · Sap · Cambium · Phloem - CORRECT ANSWER-Cambium The Department and the __________ may remove a limitation. Hearing Examiner Director Board Commission - CORRECT ANSWER-Board A salesperson shall turn over money for a sale to their licensed builder Immediately Within 10 days Within 48 hours Anytime - CORREC...

Michigan State Law Questions and Answers Already Passed The best definition of the "Board" would be? an agency created in that article composed principally of members of the regulated occupation An expression of disapproval of a licensee's professional conduct, which conduct is not necessarily a violation of this act or a rule promulgated or an order issued under this act would describe a(n): censure Which of the following activities would be a violation under Michigan state la...

Michigan Builders License - All questions for the 60 Course | 340 Questions and Correct Solutions Latest 2024 A layer of new wood on a tree just under the bark is called __________. · Xylem · Sap · Cambium · Phloem Ans- Cambium The Department and the __________ may remove a limitation. Hearing Examiner Director Board Commission Ans - Board A salesperson shall turn over money for a sale to their licensed builder Immediately Within 10 days Within 48 hours Anytime Ans - Imme...

Michigan Builders License Exam Study Guide 2024 Questions and Answer 100% Pass What is the first offense penalty for engaging in the practice of residential building without a license? -Answer-Not less than $5,000 and not more than $25,000 and/or one year in prison. Subsequent violations can extend the prison time to up to 2 years. What is the penalty for engaging in the practice of residential builders license, resulting in a death? -Answer-Not less than $5,000 and not more than $25,000 a...

What is the first offense penalty for engaging in the practice of residential building without a license? Not less than $5,000 and not more than $25,000 and/or one year in prison. Subsequent violations can extend the prison time to up to 2 years. What is the penalty for engaging in the practice of residential builders license, resulting in a death? Not less than $5,000 and not more than $25,000 and/or four years in prison On your individual builder's license application, what should you wr...

Michigan Residential Builder's License Exam Bank with 1000+ Actual Questions and Answers. What is the 1st offense penalty for engaging in the practice of residential building without a license? - Not less than $5K and not more than $25K and/or 1 year What is the penalty for engaging in the practice of residential building, resulting in a death? - Not less than $5K and not more than $50K and/or 4 years On your individual builder's license application, what should you write as your "busine...