A real estate salesperson - Study guides, Class notes & Summaries
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PSI REAL ESTATE SALESPERSON EXAM 1 2023 / 2024 ACTUAL UPDATE ALL DONE SOLUTION
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PSI REAL ESTATE SALESPERSON EXAM 1 
 
What is the period of time set for adverse possession in Ohio? 
Correct Answer: 
21 years 
 
What type of lease establishes a rental payment and requires the lessor to pay for the taxes, insurance, and maintenance on the property? 
Correct Answer: 
Gross 
 
Who represents the commission at hearings? 
Correct Answer: 
The Ohio attorney general 
 
State laws differ whether a buyer is entitled to know about? 
Correct Answer: 
A suicide that occurred in the hous...
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Colibri Real Estate Practice Final Exam 2024 Questions with 100% Verified Correct Answers Rated A+
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Colibri Real Estate Practice Final Exam 2024 Questions with 100% Verified Correct Answers Rated A+ 
Why is the condition of bearing walls more important than non bearing walls? - Correct Answer Bearing walls support the ceiling and the roof. 
 
Owner Tom decided to lease out his basement to a college student. By leasing the basement, Tom has - Correct Answer transferred a portion of his bundle of rights 
 
What is a forecast of income and expenses that can be projected over five years? - Correc...
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Arizona Real Estate Salesperson Exam With 100% Correct Answers
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Arizona Real Estate Salesperson Exam With 100% Correct Answers
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PA Real Estate Salesperson Exam - State Portion Exam Prep | Questions with 100% Correct Answers | Verified | Updated 2024
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PA Real Estate Salesperson Exam - State Portion Exam Prep | Questions with 100% Correct Answers | Verified | Updated 2024
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Colibri Real Estate (Real Estate Express) Final Exam Review(2023 updated)fully solved
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Colibri Real Estate (Real Estate Express) Final Exam Review(2023 updated)fully solvedBroker Jane has been accused of a law violation regarding commissions. Which of the following might result in her being found guilty? 
 
A) Jane paid a commission to her licensed personal assistant. 
B) Jane paid a commission to the wife of one of her licensees who was recently killed in an auto accident. The deceased licensee had earned the commission prior to his death. 
C) Jane paid a commission plus a bonus ...
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Real Estate U Final Exam Questions And Answers 2024/2025
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Real Estate U Final Exam Questions And Answers 2024/2025 
 
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 broker Answer: A licensed real estate broker that holds the license of a salesperson 
 
"Summary of Your Submission" Answer:...
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CA Real Estate Salesperson 2023 Exam- With 100% Verified Answers
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CA Real Estate Salesperson 2023 Exam- With 100% Verified Answers (Definition of terms)
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Colibri Real Estate (Real Estate Express) Final Exam Review 2023-2024 (UPDATED) Fully Solved Assured A+.
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Colibri Real Estate (Real Estate Express) Final Exam Review (UPDATED) Fully Solved Assured A+. 
Broker Jane has been accused of a law violation regarding commissions. Which of the 
following might result in her being found guilty? 
A) Jane paid a commission to her licensed personal assistant. 
B) Jane paid a commission to the wife of one of her licensees who was recently killed in an 
auto accident. The deceased licensee had earned the commission prior to his death. 
C) Jane paid a commission p...
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Colibri Real Estate (Real Estate Express) Final Exam Review 2023
- Exam (elaborations) • 60 pages • 2023
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Colibri Real Estate (Real Estate Express) Final Exam Review 2023 
 
Broker Jane has been accused of a law violation regarding commissions. Which of the following might result in her being found guilty? 
 
A) Jane paid a commission to her licensed personal assistant. 
B) Jane paid a commission to the wife of one of her licensees who was recently killed in an auto accident. The deceased licensee had earned the commission prior to his death. 
C) Jane paid a commission plus a bonus to one of her lic...
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NY REAL ESTATE EXAM -REVIEW QUESTIONS
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1-A broker legitimately may pay all or part of Real estate commission to a 
a. seller 
b. salesperson 
c. buyer 
d. friend who provides a listing lead - Answer- -B: Salesperson can accept compensation only from their sponsoring broker. 
 
2-The minimum age for a New York real estate broker's license is 
a. 19. 
b. 18. 
c. 20. 
d. 21. - Answer- C. As of July 1,2008 to become a broker you must be 20 years old. 
 
3-Which of the following acts would require a real estate license in New York 
a. Sa...
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Real Estate U Final Exam Questions And Answers 2022/2023
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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...
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