Wi real estate exam - Study guides, Class notes & Summaries
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Valuing and Financing Property; Calculations - WI Real Estate Exam || with Accurate Answers 100%.
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How many square feet are in an acre? correct answers 43,560 square feet 
 
How many feet in a mile? correct answers 5280 
 
Loan to Value ratio correct answers LTV = (loan amount ÷ value) x 100 
 
Transfer fee correct answers Transfer Fee = Purchase Price ÷ 100 x $.30 
 
example $300,000 ÷ 100 = 3,000 x .30 = $900 
 
Calculating Monthly Taxes correct answers Assessed value x tax rate = annual taxes ÷ 12 = monthly taxes 
 
Michael paid $385,000 for his home, which now has an assessed value of...
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WI Real Estate Exam Chapter 5 questions with correct answers
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A physical or mental impairment that substantially limits one or more major life activities, a record of having such an impairment or being regarded as having such an impairment. CORRECT ANSWER disability 
 
A person's religious or spiritual beliefs and practices, or his or her denominational affiliations. CORRECT ANSWER religion 
 
Housing constructed prior to 1978, which under the Lead Based Paint Disclosure Law, requires a Lead Based Paint Addendum included with the Offer to Purchase. The ex...
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WI Real Estate Sales Exam Questions with 100% Correct Answers | Latest Version (2024/2025) Expert Verified | Ace the Test
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WI Real Estate Sales Exam Questions with 100% 
Correct Answers | Latest Version (2024/2025) 
Expert Verified | Ace the Test
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WI Real Estate Practice Exam 2023-2024 Questions & Answers (Graded A)
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WI Real Estate Practice Exam Questions & Answers (Graded A)WI Real Estate Practice Exam Questions & Answers (Graded A)WI Real Estate Practice Exam Questions & Answers (Graded A)WI Real Estate Practice Exam Questions & Answers (Graded A) 
Answer: C 
The writ of execution is a court order instructing the officer of the court to carry out the decision of the court. It is used in a judgment where the sheriff is told to seize a debtor's property so that it can be sold to pay off a debt. - ANSWER...
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WI Real Estate Exam Chapter 10 Material || with 100% Error-free Solutions.
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A promise made, usually by a buyer, to purchase a seller's property under certain terms. correct answers offer to purchase 
 
Up front cash or item of value from the potential buyer which indicates their intention to make good on their offer to purchase. correct answers earnest money 
 
The right of a person to have the first opportunity either to purchase or lease real property. correct answers right of first refusal 
 
A component of binding acceptance. Delivery can occur by fax, by mail, or ...
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WI Real Estate Practice Exam 2023 with 100% correct answers
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Answer: C 
The writ of execution is a court order instructing the officer of the court to carry out the decision of the court. It is used in a judgment where the sheriff is told to seize a debtor's property so that it can be sold to pay off a debt. - correct answerAll of the following would be considered an ENCUMBRANCE except: 
a. unpaid property taxes, 
b. An easement necessity, 
c. A writ of execution, 
d. A judgment 
 
Answer: A 
A construction lien is given as security to those who perf...
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WI Real Estate Practice Exam questions and answers latest update 2023 RATED A+
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WI Real Estate Practice Exam questions and answers latest update 2023 RATED A+
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WI Real Estate Practice Exam questions and answers latest update 2023 RATED A+
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WI Real Estate Practice Exam questions and answers latest update 2023 RATED A+
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WI Real Estate Exam Questions and Answers 100% Correct
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WI Real Estate Exam Questions and Answers 100% Correct WI Real Estate Exam Questions and Answers 100% Correct WI Real Estate Exam Questions and Answers 100% Correct WI Real Estate Exam Questions and Answers 100% Correct 
 
 
A conveyance by a minor - ANSWER-Must be executed by an authorized guardian 
 
Adverse possession occurs if the use of the land is - ANSWER-Actual and open 
 
The only way that an agent may sign a conveyance for another is if - ANSWER-The agent has written authorization fro...
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WI Real Estate Exam 2023 with 100% correct answers
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Which contract is used when one party agrees to use the real estate of another in exchange for periodic payments? - correct answerA lease 
 
What is a lessor's future interest in a property called? - correct answerA reversionary interest 
 
Which of the following is not a government power? - correct answerForeclosure 
 
Which of the following is not individual property under Wisconsin's Marital Property Act? - correct answerPredetermination date property. 
 
What interest do parties transfer w...
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