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ASREB Practice Exam Questions with Verified Answers A 3.45-acre lot sells for 50 cents per square foot. What was the selling price? a. $37,570 b. $75,141 c. $76,230 d. $78,712 b. $75,141 A blind ad refers to an ad that a. provides no price b. provides no address c. gives no indication that the property is listed with a broker d. gives no indication that the property has been sold or not c. gives no indication that the property is listed with a broker A borrower is required t...

ASREB Practice Exam, Sessions 1-18 Study Guide Latest Version Graded A+ 'THE TEST' STUDY GUIDE Which of the following is in the proper order of occurence Lis pendens, judgement, execution 'THE TEST' STUDY GUIDE A closing disclosure would be used in Residential housing 'THE TEST' STUDY GUIDE A contract based on illegal consideration is Void 'THE TEST' STUDY GUIDE A contract of adhesion would refer to Standard 'take it' or 'leave it' contract 'THE TEST' S...

ASREB Practice Exam Questions with 100% Correct Solutions A 3.45-acre lot sells for 50 cents per square foot. What was the selling price? a. $37,570 b. $75,141 c. $76,230 d. $78,712 - Correct Answer ️️ -b. $75,141 A blind ad refers to an ad that a. provides no price b. provides no address c. gives no indication that the property is listed with a broker d. gives no indication that the property has been sold or not - Correct Answer ️️ -c. gives no indication that the property i...

ASREB Practice Exam, Sessions 1-18, Study Guide with Complete Solutions ASREB - Correct Answer ️️ - A 3.45-acre lot sells for 50 cents per square foot. What is the selling price? A) $37,570 B) $75,141 C) $76,230 D) $78,712 - Correct Answer ️️ -B 3.45 acres x 43,560 = 150,282 SF 150,282 SF x $0.50 = $75,141 A blind ad refers to an ad that A) provides no price. B) provides no address. C) gives no indication that the property is listed with a broker. D) gives no indication tha...

ASREB Practice Exam Questions and Answers Latest (2024 / 2025) (Verified Answers)

ASREB Practice Exam Questions and Answers Latest (2024 / 2025) (Verified Answers)

ASREB Practice exam; Questions and Answers 100% Verified Formula for finding property value when you have the net operating income and cap rate Answer-Current market value(CMV)= NOI/ cap rate Example: CMV=$5.480/ .08(8%) =$68,500 When would IRS form 1099S be used? Answer-Report sales price What's a 1099s forms Answer-Known as an "information return. The form the federal government requires to be filed when selling real estate. If you sold any real property during the course of the ...

ASREB Practice Exam, Sessions 1-18, Study Guide; Questions and Answers 100% Verified ASREB AnswerA 3.45-acre lot sells for 50 cents per square foot. What is the selling price? A) $37,570 B) $75,141 C) $76,230 D) $78,712 Answer-B 3.45 acres x 43,560 = 150,282 SF 150,282 SF x $0.50 = $75,141

A 3.45-acre lot sells for 50 cents per square foot. What was the selling price? a. $37,570 b. $75,141 c. $76,230 d. $78,712 - Answer-b. $75,141 A blind ad refers to an ad that a. provides no price b. provides no address c. gives no indication that the property is listed with a broker d. gives no indication that the property has been sold or not - Answer-c. gives no indication that the property is listed with a broker A borrower is required to put 10% down for the purchase of a propert...