Psi national real est - Study guides, Class notes & Summaries

A legal description in land that includes language like "the old oak tree" or "the big rock" would be correct answersMetes and bounds As a licensee is showing a property contiguous to a lake, the licensee notices that the lake has a large amount of algae. The buyer wishes to make an offer. What should the licensee do? correct answersEncourage the buyer to have an authoritative party investigate the algae growth. All the following are protected classifications except correct answersHomo...

PSI National Real Estate Salesperson Practice Exam

PSI National Real Estate Salesperson Practice Exam questions and answers

A legal description in land that includes language like "the old oak tree" or "the big rock" would be Metes and bounds As a licensee is showing a property contiguous to a lake, the licensee notices that the lake has a large amount of algae. The buyer wishes to make an offer. What should the licensee do? Encourage the buyer to have an authoritative party investigate the algae growth. All the following are protected clas

PSI NATIONAL REAL ESTATE QUESTIONS AND ANSWERS

PSI National Real Estate Exam With 100% Correct And Verified Answers

PSI national real estate exam practice test 1| Actual exam answered 100% Correctly| Latest 2024 All of the following would be considered real property EXCEPT a leasehold estate The servient estate in an easement appurtenant is the property on which the easement is placed Which of the following statements concerning encumbrances is NOT true All encumbrances are liens Which of the following is NOT a specific lien State inheritance taxes You have entered into a lease that requires you to p...

PSI National Real Estate Salesperson Practice Exam Questions and Answers

Martha was able to go to the closing and sign the paperwork to sell her mother's property while her mother was in the hospital. How could this be possible? 1. Martha may have been named an executor of her mother's will. 2. Her mother may have had a power of attorney drawn up making Martha her attorney in fact. 3. Martha and her mother may own the property as joint tenants, so that Martha may sign as owner 4. Martha's mother's surgeon recommended that this be permitted to alleviate her mo...