Pearson vue real estate Study guides, Class notes & Summaries

Pearson Vue real estate exam Maine 2024 | Questions with 100% Correct Answers | Latest Updated 2024 | Download to score A+

Pearson VUE Real Estate Exam Glossary Page 1 & 2 100% Location The best retail location within a community. 100% Office Office where salespersons pay a regular fee to the broker but receive 100& of the commissions they earn. Abandonment Voluntarily giving up possession of property or a claim or right. Abatement A legal action to stop a nuisance. Also can be a reduction of a property tax assessment. Absorption Rate The rate at which new or vacant space (such as office space) will beco...

Pearson Vue real estate exam Maine Questions With 100% Correct Answers

Pearson Vue real estate exam Maine Questions And Correct Answers Most land uses are subject to regulation of Maine's Mandatory Shoreland Zoning Act when they are within how many feet of a river, wetland, lake, or ocean? 250 feet Most land uses are subject to regulation of Maine's Mandatory Shoreland Zoning Act when they are within how many feet of certain streams? 75 feet The Shoreland Zoning Act is regulated by whom? Each municipality and enforced by the local Code Enforcement Officer...

Pearson Vue Real Estate Glossary, With Correct Answers Abandonment Voluntarily giving up possession property or claim right Abatement A legal action to stop a nuisance. Also can be a reduction of a property tax assesment Abstract A history of every recorder document dealing with a property - used to determine marketable title abstractive method A means of obtaining land valu by deduction the value of the property from the total property value Abstract of Judgement A condensation of a...

Pearson Vue Texas Real Estate Review Stu TRELA Texas Real Estate License Act - Law that governs real estate licensees and sets the power for TREC TREC Texas real estate commission TREC Composition Nine Members - 6 brokers - 3 members of the general public Appointed by the governor, with advice and consent of state senate, to staggered six-year terms One broker designated by the governor as chairperson TREC Duties 1) Make and enforce rules and regulations 2) Establish Sta...

Pearson VUE Real Estate - National & Idaho Exam Questions And Correct Answers Real Property Real Estate plus the interests, benefits, and rights inherent in the ownership of real estate Personal Property is moveable (chattels) Fixture Personal property that has been affixed to land or a building that it is part of the real property Trade fixtures An article owned by a tenant and attached to rented space or a building for use in operating a business Emblements Annual plantings of crop...

Pearson VUE Real Estate - National & Idaho Exam Questions And Correct Answers Real Property Real Estate plus the interests, benefits, and rights inherent in the ownership of real estate Personal Property is moveable (chattels) Fixture Personal property that has been affixed to land or a building that it is part of the real property Trade fixtures An article owned by a tenant and attached to rented space or a building for use in operating a business Emblements Annual plantings of crop...

NATIONAL PEARSON VUE REAL ESTATE EXAM PREP WORKBOOK TRUE OR FALSE - Economic obsolescence results from an inharmonious land use in a neighborhood. The statement is true. An obsolescence typically means there is a negative effect on a property that may or may not be curable. The economic obsolescence results in a negative value effect to a property due to something outside the property lines (e.g., a shopping center on the other side of the subdivision retaining wall without a buffer zone)...

(Summary) Pearson Vue Real Estate Utah,Over 500 Questions And Correct Answers. Complete Verified Solution Errors and Omissions (E&O) Insurance Protects companies and their workers or individuals against claims made by clients for inadequate work or negligent actions Puffing extravagant claims made by sellers in order to attract buyers Due on sale clause a stipulation in a mortgage or deed of trust, requiring a borrower to pay the entire loan balance upon the sale of the property for whic...