Real estate sales - Study guides, Class notes & Summaries
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Real Estate Finance I-CHAMPIONS Questions and Answers 100% Accurate
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Real Estate Finance I-CHAMPIONS Questions and Answers 100% Accurate Real Estate Finance I-CHAMPIONS Questions and Answers 100% Accurate Real Estate Finance I-CHAMPIONS Questions and Answers 100% Accurate V 
 
The minimum downpayment on a VA loan is: 
 
(a) 2% of the sales price 
 
(b) 0% of the sales price 
 
(c) 3.75% of the sales price 
 
(d) 1% of the sales price - ANSWER-B 
 
_________ is the process of creating a new mortgage loan. 
 
(a) Origination 
 
(b) Funding
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Florida Real Estate Class Final Exam(question and answers)2023
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Florida Real Estate Class Final Exam(question and answers)2023A Business Broker - correct answer Specializes in the sale, purchase or lease of businesses. Is required to have a real estate license and may be licensed as a real estate broker or sales associate 
 
Follow-Up is - correct answer Keeping in contact with the new owner after the closing of the sale 
 
A builder constructs a house on an owner's lot according to the owner's plans and specifications. This is called - correct answer Cust...
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Texas Promulgated Contracts-CHAMPIONS Exam 2022-2023.
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Texas Promulgated Contracts-CHAMPIONS STUDY 2022-2023. 
The elements of a valid contract are, competent parties, consideration, legal subject matter, in writing, and ___________. 
 
(a) Default 
 
(b) Mutual consent 
 
(c) Property condition 
 
(d) Recording 
 
A(n) __________________ contract is defined as a contract that is binding on the parties, with one or more of the parties having contractual duties that have not yet been performed. 
 
(a) Executory 
 
(b) Executed 
 
(c) Bilatera...
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Aceable Agent: Real Estate Principles: Actual Exam Questions And Correct Answers | Latest Update
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Aceable Agent: Real Estate 
Principles: Actual Exam Questions 
And Correct Answers | Latest 
Update 
The Real Estate Law is found in 
A. The Licensing Code 
B. The Business and Professions Code 
C. The Health and Safety Code 
D. The Corporations Code - ANSWER B. Business and 
Professions Code 
The Real Estate Commissioner reports to 
a. the California Bureau of Real Estate. 
b. the governor. 
c. the Department of Housing and Urban Development. 
d. the legislature. - ANSWER B. the governor ...
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Champions School of Real Estate Law of Agency – Questions and Answers Already Passed
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Champions School of Real Estate Law of 
Agency – Questions and Answers 
 
Already Passed 
 
The principal is also known as client 
 
fiduciary relationship a relationship founded on trust and confidence 
 
Agency Relationship Exists when one person (the agent) acts for, or on 
behalf of another person (the principal). 
 
the principal is the one who hires and gives authority to the agent 
 
Texas Real Estate License Act TRELA Was passed 1939. The purpose is to protect the 
public against unscr...
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Gold Coast Real Estate Exam Questions With Verified Answers Latest 2024 Graded A+
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Gold Coast Real Estate Exam Questions With Verified Answers Latest 2024 Graded A+ . Tract building - Answer- When a dev. Acquired land, records a plat map and uses a 
model center from which sales may be made 
Local level - Answer- Planning, zoning, property taxation, building and health codes and 
regulations, and building moratoriums that affect development play a significant role in 
the cost and desirability of real estate 
Broker associate - Answer- A licensed broker working for another bro...
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Georgia MLS Practice Exam (QUESTIONS & ANSWERS)100% CORRECT ANSWERS LATEST 2024/2025(A+ RATED VERIFIED BY EXPERTS)
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When should a licensee disclose to the parties whom their firm intends to represent in a transaction? - ANSWER Disclosure should be made verbally and in writing to all parties as soon as possible. 
 
A selling broker desires to represent a purchaser in a real estate transaction while at the same time act as a subagent of the listing broker and seller. Could the broker perform both of these functions in the same transaction? - ANSWER No, when a broker working with a buyer acts as a subagent...
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Florida Real Estate Exam Questions With Solutions Latest Updated 2023-2024 Rated 100%
- Exam (elaborations) • 161 pages • 2023
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Florida Real Estate Exam Questions With Solutions Latest Updated Rated 100%. In which form of co-ownership is a person's ownership inheritable? a. Joint tenancy 
b. Tenancy by the entirety 
c. Tenancy in common 
d. Tenancy in severalty 
c. Tenancy in common allows for a persons share to be inheritable, it does not automatically pass 
forth to the rest of the owners like in joint tenancy (this is called the right of survivorship). 
Florida Real Estate Exam Questions With 
Complete Solutions Lat...
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PSI Real Estate Exam (MD State Portion) Latest 2023 Graded A+
- Exam (elaborations) • 60 pages • 2023
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PSI Real Estate Exam (MD State Portion) Latest 2023 Graded A+ Real Estate brokerage is govern by: 1. Satutory Law - Brokers Act "Title 17" 2. Administrative Law - Code of Maryland Regulations (COMAR) 
Regulation is enacted and enforced by MD Real Estate Commission (MREC) 
Brokerage Services: For consideration: - *Selling, buying, exchanging, or leasing* any real estate or collecting rent - Assisting to *locate/obtain* for purchase/lease any residential real estate - Serving as a consultant 
En...
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Texas Auctioneer License Part 2 Exam Questions and Correct Answers
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Texas Auctioneer License Part 2 Exam Questions and Correct Answers 
Name some persons that are exempt from needing an auctioneer license. - CORRECT ANSWERS 1. U.S. court ordered sale 
2. A government sponsored or conducted sale. 
3. A charitable organization as long as no compensation 
4. A sale of real property by a trustee under a security instrument. 
5.A sale of real property by an owner with an interest or employee (unless he/she is a licensed auctioneer by trade) and all pr...
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