Post licensing - Study guides, Class notes & Summaries

Florida Real Estate Exam TEST Questions WITH 100% Correct Answers LATEST UPDATE 2023/2024 Binder deposit shows up as what on closing statement? - ANSWER Credit to buyer Which of the following is true about leverage? - ANSWER Leverage is the use of borrowed funds to purchase assets. Which of the following liens would take priority? - ANSWER A property tax lien In which of the following theories of mortgage lending does the borrower not retain ownership of the property during the loan ...

NC Post Licensing – 303 Questions and Answers Already Passed What is the purpose of an agency disclosure form? To inform clients about the nature of the agency relationship and the duties owed How should a real estate professional handle a situation where they represent both the buyer and the seller in the same transaction? Disclose dual agency to both parties and obtain their written consent What is required for a real estate contract to be legally binding? It must be in ...

Post Licensing 303 Questions and Answers 100% Pass What should a broker do if they notice discrepancies in a client’s financial documents during a transaction? Notify the client immediately and work to resolve the discrepancies before proceeding. What is required for a property management agreement to be enforceable? It must be in writing and include details about the property, management duties, and fees. How often must a broker update their trust account records? Regular...

NC 302 POST LICENSING CONTRACTS & CLOSINGS/NC POST LICENSING 302 JJ LATEST ACTUAL EXAM 400 QUESTIONS AND CORRECT DETAILED ANSWERS (VERIFIED ANSWERS) |ALREADY GRADED A

Post Licensing 301 Practice Exam 1 Questions and Answers Already Passed What is the primary purpose of a real estate listing agreement? A) To establish the terms of the sale B) To define the property boundaries C) To grant an exclusive right to sell the property D) To assess the value of the property C) To grant an exclusive right to sell the property Which document is used to disclose property conditions to potential buyers? A) Sales Contract B) Buyer’s Agent Agreement C) Prop...

Classifying contracts: Express & Implied - Answer-Express: Bilateral, executed Intentions stated (orally or written) Implied: Unilateral, executory Inferred from conduct or actions Classifying contracts: Bilateral & Unilateral - Answer-Bilateral - two promises (both parties bound to do something) Unilateral - Only one party is bound Classifying Contracts: Executed & Executory - Answer-Executed - All tasks performed (After closing) Executory - tasks remaining to be done (befor...

301 NC POST LICENSING EXAM 2024 | CURRENTLY TESTING EXAM VERSION WITH A PREDICTED EXAM VERSION AND A STUDY GUIDE | ACCURATE AND EXPERT VERIFIED FOR GUARANTEED PASS | LATEST UPDATE

NC POST –LICENSING 303 | CURRENTLY TESTING EXAM VERSION WITH A PREDICTED EXAM VERSION AND A STUDY GUIDE | ACCURATE AND EXPERT VERIFIED FOR GUARANTEED PASS |2024 LATEST UPDATE

REAL ESTATE POST LICENSING 301 - WORKING AS A LIMITED SERVICES BROKER & MULTIPLE LISTING

NC 302 POST LICENSING EXAM CONTRACTS AND CLOSING NEWEST LATEST EXAM VERSION