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

PSI national real estate exam practice test 1| Actual exam answered 100% Correctly| Latest 2024 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 ...

PSI Exam Questions and Answers 100% Correct| Latest 2024 what would prevent a seller from providing marketable title Mechanics lien the seller has required that the buyer must use his title insurance company and that brokers reduce their portion of the real estate commission, increasing the sellers net proceeds This is illegeal according to respa If a license mentions MLS when advertising, the advertisement must include the name of the MLS According to the New Jersey Real estate Licen...

PSI National Real Estate Salesperson Practice Exam questions and answers

PSI National Real Estate Salesperson Practice Exam

PSI NATIONAL REAL ESTATE QUESTIONS Answered 100% Correctly| Latest 2024 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 pro...

A competitive market analysis is MOST often used for o :## setting a listing price. A couple owns an older home in a neighborhood that is becoming a commercial area. Because of the change in the use of the land, the couple can expect the value of their parcel to increase at some future time. This is an example of the principle of o :## anticipation. A commercial property lost value because a recently constructed highway moved traffic away from the property. This is an example of o :##...

PSI National Real Estate Salesperson Practice Exam Questions and Answers

PSI NATIONAL REAL ESTATE QUESTIONS AND 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 with Complete Solution Updated|2024