Va real estate exam - Study guides, Class notes & Summaries

In the State of Texas who is allowed to use a customized real estate contract? The real estate brokerage company The salesperson The broker Lawyers licensed to practice in Texas - Answer- Lawyers licensed to practice in Texas Marcy is 17 and married. Her spouse is stationed in the Middle East. She purchased a home shortly before Stan, her husband returns to the United States. Select a problem that exists with this situation. Offer and acceptance issue Competency issue Consideration iss...

Active correct answersany broker or salesperson under the supervision of a principal or supervising broker performing real estate brokerage activities. Actively engaged correct answersA broker or salesperson having active licensure with a licensed real estate firm or sole proprietorship and active for an average of at least 40 hours per week. The REB may waive the 40 hour per week requirement at its discretion. Associate Broker correct answersAny individual holding a broker's license othe...

Creating real properties from raw land involves capital formation, financing, construction contracting, and regulatory approvals. The key parties involved in this aspect of the business are generally the developer, the landowner, and the mortgage lender. Also involved are market analysts, architects, engineers, space planners, interior designers, and construction subcontractors. - ANSWER-Creation and Improvement All real estate, whether raw land or improved property, must be managed and...

A developer put two lots together and sold them as one large lot. The increase in value is referred to as: - ANSWER-plottage A 20-unit apartment building rented for $750 per month. The annual gross income multiplier was 9. What is the value of the property? - ANSWER-1,620,000 he Virginia Real Estate Board is composed of _______ members who have been licensed real estate brokers or salespersons for at least ____ consecutive years and ____ citizen members - ANSWER-7 5 2 The terms of VA ...

VREB Stands For - ANSWER-Virginia Real Estate Board Title 54.1, Chapter 21 of the Code of Virginia Defines - ANSWER-the composition and authority of the Virginia Real Estate Board; Also sets for the requirements for licensure, defines the duties a licensee must perform, how those duties must be performed and what happens when if the licensee breaches those duties How many meetings does the VREB hold a year? - ANSWER-8 meetings per year Members of the VREB serve a term of what length? - ...

Virginia Real Estate Exam Prep, VA Questions & Answers 100% Correct Virginia Real Estate Exam Prep, VA Questions & Answers 100% Correct Virginia Real Estate Exam Prep, VA Questions & Answers 100% Correct Virginia Real Estate Exam Prep, VA Questions & Answers 100% Correct VREB Stands For - ANSWER-Virginia Real Estate Board Title 54.1, Chapter 21 of the Code of Virginia Defines - ANSWER-the composition and authority of the Virginia Real Estate Board; Also sets for the requirements for licensu...

VA Real Estate License Exam- Escrow

Sole Proprietor: Principal Broker Owner - Answer An individual broker, not a firm, trading under his or her bame or a ficticious name registered with the board. NO business entity firm license required Sole Proprietor: Non-Broker Owner - Answer A brokerage firm owned by an unlicensed individual. The firm must get a business entity firm license before transacting RE business. The firm still must have a licensed principal broker Inactive Status - Answer Any broker or salesperson not under su...

VA LRR Funeral Directing Ch. 28 Exam advertisemnt - Answer ️️ -any information disseminated or placed before the public at-need - Answer ️️ -at the time of death or while death is imminent board - Answer ️️ -the board of funeral directors and emablmers cremate - Answer ️️ -to reduce a dead human body to ashes and bone fragments by the action of fire cremator - Answer ️️ -person or establishment that owns or operates a crematory or crematorium or cremates dead human bod...

Virginia VA Real Estate State Licensing Exam Latest Update Actual Exam 260 Questions and 100% Verified Correct Answers Verified by Professor