Real estate law final - Study guides, Class notes & Summaries

Real Estate Law Final Exam Correct QuestWhat is a contract? - ANSWER A contract is an agreement between two or more parties that is intended to be enforceable alsoo need to have the Pursuant to the State of Frauds What is the pursuant to the Statue of Frauds? - ANSWER A contract for the purchase and sale of real estate must be ion writing to be enforceable What legal elements are required for the creation of a contract? - ANSWER 1. Offer 2. Acceptance 3. Consideration 4. Capacity 5. Lawful...

Delaware Real Estate Law Final Exam Questions and Answers Already Passed

Champions Powerhouse Training SAE 146 Questions with Verified Answers An area of neighborhoods or sub divisons that is serviced by your firm. - CORRECT ANSWER Geographic Farm A plan by which you develop to gain name recognition - CORRECT ANSWER Marketing Plan Becoming different in your approach through growth and development - CORRECT ANSWER differentiate All the properties in a particular price range, in the area your firm services - CORRECT ANSWER economic farm Words or cont...

AFSB 152 - The Institutes Practice Exam Questions and Answers 2023 Lansing Construction Company completed major jobs including road grading, bridges, and base and paving work. Which one of the following types of contractors is Lansing? • Heavy and highway construction • General Engineering contractor • General Building contractor • Design/build contractor - Correct Answer-Heavy and highway construction The project owner for a new shopping plaza being built in Highville is the Hig...

Valuation process A systematic procedure used in the valuation of real property. Steps: 1: Define the problem 2:Determine scope of work 3:Gather, record, and verify the data 4:Determine the highest and best use 5:Estimate the land value 6:Estimate value by each of the three approaches (if applicable) 7:Reconcile the estimated values into the final opinion of value 8:Report the final opinion of value Client The party or parties who engage, by employment or contra...

Delaware Real Estate Law Final Exam Questions and Answers.

Article 12-A of the NYS Real Property Law - Answer- - The section of the New York Real Property Law pertaining to real estate salespersons and brokers. - Primary purpose is to "Protect the Public" - Requires a salesperson to be at least 18 years of age - Requires a broker to be at least 20 years of age Sponsor - Answer- - A licensed real estate broker that holds the license of a salesperson. "Summary of Your Submission" - Answer- - Obtained after you register for the New York State...

What is a contract? - ANSWER A contract is an agreement between two or more parties that is intended to be enforceable alsoo need to have the Pursuant to the State of Frauds What is the pursuant to the Statue of Frauds? - ANSWER A contract for the purchase and sale of real estate must be ion writing to be enforceable What legal elements are required for the creation of a contract? - ANSWER 1. Offer 2. Acceptance 3. Consideration 4. Capacity 5. Lawful Purpose What does an offer mean in t...

ILW1501 Exam 2023 answers may/june (uploaded at 10:04 2023/06/06) QUESTIONS ASKED. Which one of the following is a natural person in terms of South African law? a company an ordinary human being an association of people a church Clear my choice Question 2 Not yet answered Marked out of 2.00 Flag question Question text Read the following scenario and answer the question that follows: Lizelle is an animal rights activist. She regards the hunting of wildlife as unethical and she oft...