Va state real estate exam - Study guides, Class notes & Summaries
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NATIONAL REAL ESTATE EXAM QUESTIONS AND ANSWERS| 100% CORRECT 2024
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NATIONAL REAL ESTATE EXAM 
QUESTIONS AND ANSWERS| 100% 
CORRECT 2024 
Escrow and trust account must be ______ - answerseparate from checking account 
Written disclosure is required who the licensee represents in a brokerage relationship - when? - 
answerupon first substantive discussions about properties/specific properties or 
preforming any real estate services for client 
Print advertising - answerMust disclose licensee name and firm name 
For sale and lease signs - answermust have firm name ...
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ASREB Exam Practice Questions and Answers
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ASREB Exam Practice Questions and Answers 
types of loans - Correct Answer ️️ -FHA loan, Conventional loan, VA loan 
FHA loan - Correct Answer ️️ -MIP (Mortgage Insurance Premium) 
Two types (Upfront and Monthly) 
Conventional loan - Correct Answer ️️ -PMI (Private Mortgage Insurance) 
Drops off automatically at 78% loan to value (LTV) 
Ask for removal at 80% loan to value 
VA Loan - Correct Answer ️️ -Funding Fee based on value 
USDA loan - Correct Answer ️️ -loan is zero do...
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WASHINGTON STATE REAL ESTATE EXAM SET 1: QUESTIONS AND ANSWERS, GRADED A+/| latest update 2024/25|
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WASHINGTON STATE REAL ESTATE EXAM SET 1: QUESTIONS AND 
ANSWERS, GRADED A+/ 
when does the real estate agent give the seller's a copy of their listing agreement form? - - 
immediately 
what are the elements needed for a valid purchase and sales agreement? - -consideration (not of 
monetary value), in writing & lawful purpose. There does not need to be earnest money but often is 
a mortgage that secures both real and personal property as collateral to secure a borrower's debt - - 
package mor...
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Colorado state Real EstateGraded A+
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Colorado state Real Estate Exam Graded A+ 
The Amend/Extend Contract With Broker is used to change : ️Any contract to which the broker is a 
party 
According to Rule F on Commission Approved Contracts what sections may be omitted from the 
Contract to Buy and Sell Real Estate: ️non-applicable financing conditions 
In preparing a Contract to Buy/Sell, a broker can not put exculpatory language into: ️Additional 
Provisions of a commission approved contract 
"MEC" in a contract means...
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VA Real Estate State Licensing Exam 2024 with 100% correct answers
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A brokerage relationship is a correct answerscontractual one 
 
A brokerage relationship is between the correct answersbrokerage and the client, even if the salesperson initiated the relationship 
 
A brokerage agreement must be signed before the licensee performs any correct answerslicensed activities for the client 
 
Licensees must disclose that they work for their brokerage when they have correct answerstheir first substantive discussion with a client about a specific property 
 
Limited ser...
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NATIONAL REAL ESTATE EXAM QUESTIONS AND ANSWERS| 100% CORRECT 2024
- Exam (elaborations) • 14 pages • 2024
- Available in package deal
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- $12.49
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NATIONAL REAL ESTATE EXAM 
QUESTIONS AND ANSWERS| 100% 
CORRECT 2024 
Escrow and trust account must be ______ - answerseparate from checking account 
Written disclosure is required who the licensee represents in a brokerage relationship - when? - 
answerupon first substantive discussions about properties/specific properties or 
preforming any real estate services for client 
Print advertising - answerMust disclose licensee name and firm name 
For sale and lease signs - answermust have firm name ...
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National Real Estate Exam 2024 Questions and Answers Already Passed
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National Real Estate Exam 2024 
Questions and Answers Already Passed 
 
When payments are made on amortized mortgage loans, the debt service includes Payment 
of principal, interest, taxes, and insurance on the mortgaged property 
 
A couple bought their first home, quantifying for a 30-year loan. The lender required regular, 
equal payments of sufficient size and number to pay all interest due on the loan and reduce the 
amount owed to zero by the loan's maturity date.This is most likely A ful...
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Civil Service practice for Louisiana state Exam 150 Questions with Verified Answers,100% CORRECT
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Civil Service practice for Louisiana state Exam 150 Questions with Verified Answers 
 
Which of the following statements is true regarding Purchase Agreements? 
Select one: 
 
a. 
They must have a definite expiration date. 
 
b. 
They do not have to have an expiration date. 
 
c. 
A copy must be filed with the Real Estate Commission. 
 
d. 
A copy must be retained by the broker for 10 years. - CORRECT ANSWER They must have a definite expiration date. 
 
Under what conditions may a person or comp...
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Virginia Real Estate Exam Questions with complete solutions 2023.
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Virginia Real Estate Exam Questions with 
complete solutions 2023. 
(virginia time share act) For an initial purchaser, there is a _________day right of rescission. 
Meanwhile, a buyer has a 5-day right of rescission in a time share resale. - correct answers.7 
If VA license applicant has had a license suspended or revoked in any jurisdiction because of 
association with disciplinary action - correct answers.A very detailed explanation of the 
event/circumstances must be included with his licens...
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Washington state Real Estate Exam set 1 Questions and Answers
- Exam (elaborations) • 9 pages • 2023
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