Ohio real estate state - Study guides, Class notes & Summaries

Broker - Any person, partnership, association, limited liability partnership , limited liability company, or corporation who, for a fee, sells, lists, leases, exchanges, negotiates, or otherwise deals in the real estate of others, or represents publicly that he does. Pretrial Discovery - Using depositions and interrogatories to learn more about the disputed facts in a case from the opposing parties and reluctant witnesses. Case Law - Rules of law developed in court decisions, as opposed to ...

Ohio Real Estate Exam Practice Questions & Answers 2023-24 May a consumer who has been harmed by a licensee acting under her license as a real estate salesperson or broker immediately file a claim for payment from the Real Estate Recovery Fund? - ANSWER-CORRECT ANSWER: No, the consumer must file a lawsuit, get a final judgment, and attempt to collect A listing agreement in which the agent may possibly be in competition with the client to see who can sell the house first is an exclusive -...

What is the primary purpose of most civil lawsuits? - ANSWER to compensate a person who has been harmed A person who commits a tort....... - ANSWER has violated the standards of reasonable conduct Unconstitutional law........... - ANSWER exceeds the powers granted to the government Which would be most likely to issue an ordinance? - ANSWER A. The Ashtabula county court B. the Dayton city council C. The Ohio Real Estate Commission D. The Ohio State Senate Answer: B What is the m...

1 OHIO REAL ESTATE EXAM PRACTICE QUESTIONS REVIEW QUESTIONS AND ANSWERS, 100% ACCURATE, GRADED A+ May a consumer who has been harmed by a licensee acting under her license as a real estate salesperson or broker immediately file a claim for payment from the Real Estate Recovery Fund? - - CORRECT ANSWER: No, the consumer must file a lawsuit, get a final judgment, and attempt to collect A listing agreement in which the agent may possibly be in competition with the client to see who can sell ...

1 NATIONAL REAL ESTATE EXAM PORTION FOR OHIO/ REVIEW QUESTIONS AND ANSWERS, GRADED A+ Tenancy at Will - -No written agreement, and can be terminated at any time by landlord or tenant Tenancy at sufferance - -Tenant is allowed to live on property after lease is over but before they are forced off the property Tenants in common - -Ownership where tenants could have different amounts of ownership. If passed away heir will take over the undivided ownership (no survivorship) Joint Tenants - ...

1 OHIO REAL ESTATE EXAM REVIEW QUESTIONS AND ANSWERS, RATED A+ The difference between what a borrower has to pay to purchase a property and the amount a lender will lend on the property is the - -buyer's down payment What specific authority does the Ohio Realtor Association have over real estate licensees? - -A. Handling complaints against the licensees for regulation violations B. Determining licensure requirements C. Approving advertising for the sale or lease of real property D....

Real Estate State Exam for Ohio Questions and Answers 100% AccurateReal Estate State Exam for Ohio Questions and Answers 100% AccurateReal Estate State Exam for Ohio Questions and Answers 100% AccurateReal Estate State Exam for Ohio Questions and Answers 100% AccurateFiscal Policy - ANSWER-Treasury Department Monetary Policy - ANSWER-Federal Reserve Bond Truth In Lending Act - ANSWER-To provide standard disclosure procedures that all lenders must follow. Required so consumers will know exa...

Real Estate Law Exam QWhat is the primary purpose of most civil lawsuits? - ANSWER to compensate a person who has been harmed A person who commits a tort....... - ANSWER has violated the standards of reasonable conduct Unconstitutional law........... - ANSWER exceeds the powers granted to the government Which would be most likely to issue an ordinance? - ANSWER A. The Ashtabula county court B. the Dayton city council C. The Ohio Real Estate Commission D. The Ohio State Senate Answ...

©BRAINBARTER 2024/2025 GoldCoast Real Estate Exam Questions With Verified Answers. A developer contracts to build a home according to the buyer's specifications. This is an example of which type of building? - answerCustom The federal, state, and local governments all play a role in the regulation of real estate. In which of the following areas would the local government have the most impact? - answerProperty Taxes, Building Moratoriums, and zoning Real estate licensees are expected to...