Oklahoma real estate exam - Study guides, Class notes & Summaries

Oklahoma Real Estate Broker Exam Ch 18-26 Questions and Answers Already Passed A Brick fence straddles the property line of two neighbors. The neighbors agree not to damage it in any way. This is an example of: A Party Wall. A court renders a judgement which authorizes a lien to be placed against the defendant's house, car and personal belongings. This is an example of A general judgement lien. Among junior liens, the order or priority is generally established accordint to the da...

According to the rules what constitutes good moral character - answer-(1) Whether the probation period given in a conviction has been completed and fully satisfied to include fines, court costs, etc. (2) Whether the restitution ordered by a court in a criminal conviction or civil judgement has been fully satisfied. (3) Whether a bankruptcy that is real estate related has been discharged. (4) Whether an applicant has been denied licensure or a license has been suspended or revoked by this or ...

Oklahoma code and rules 50 questions with complete solutions Debbie a real estate licensee use a fictitious instrument for the purpose of inducing a lender to loan money on the house she was selling. Debbies violation would be considered. Substantial misrepresentation Which of the following is not a prohibited act for licensees in Oklahoma Refusing to list the sellers home because he wants to grossly overprice it A team is any two or more licensees, who work under the supervision ...

UNILATERAL CONTRACT - answer-WHAT TYPE OF CONTRACT IS A REAL ESTATE OPTION CONTRACT? SUBSTITUTION - answer-DURING AN APPRAISAL OF A RESIDENTIAL PROPERTY AN APPRAISER ESTIMATES THE COST OF REBUILDING THE SUBJECT PROPERTY SO THAT IT IS IDENTICAL TO ITS CURRENT SIZE AND CONDITION IS AN EXAMPLE OF WHAT TYPE OF APPRAISAL PRINCIPLE? IN WRITING - answer-ACCORDING TO THE STATUTE OF FRAUDS IN ORDER FOR A REAL ESTATE SALES CONTRACT TO BE ENFORCEABLE IN COURT THEY MUST BE LEGAL PURPOSE - answer-WH...

PSI Real Estate Exam (MD State Portion) Latest 2024 Graded A+ 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 - Serving as a consultant...

Oklahoma Real Estate UPDATED Exam Questions and CORRECT Answers Abrogate - Correct ANSWER- To abolish in a public manner or end something when formal steps are needed Abstract of Title - Correct ANSWER- A summary or copy of all transfers, conveyances, legal proceedings, and any other facts relied on as evidence of title, showing continuity of ownership, together with any other elements of record which may impair title. Abutting - Correct ANSWER- The joining, reaching or touching of ad...

PSI Real Estate Exam (MD State Portion) With 100% Correct Answers Real Estate brokerage is govern by: - answer1. 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: - answerFor consideration: - *Selling, buying, exchanging, or leasing* any real estate or collecting rent - Assisting to *locate/obtain* for purchase/lease any residential real estate - S...

PSI Real Estate Exam (MD State Portion) Latest 2024 Graded A+ PSI Real Estate Exam (MD State Portion) Latest 2024 Graded A+ 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 purch...

PSI Real Estate Exam (MD State Portion) With 100% Correct Answers Real Estate brokerage is govern by: - answer1. 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: - answerFor consideration: - *Selling, buying, exchanging, or leasing* any real estate or collecting rent - Assisting to *locate/obtain* for purchase/lease any residential real estate - S...

NYS REAL ESTATE EXAM 2024 QUESTIONS AND ANSWERS NYS Dept of State - Answer ️️ -agency that licenses real estate agents/brokers Property law name - Answer ️️ -Article 12A Types of real estate licenses (3) - Answer ️️ -salesperson, associate broker, broker An associate broker... - Answer ️️ -has no broker powers A broker... - Answer ️️ -sponsors salespeople and associate brokers The salesperson's license is kept by... - Answer ️️ -the broker for whom the salesperson...