Hud house Study guides, Class notes & Summaries
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Commercial Real Estate SAE - Champion's School of Real Estate 495 Questions with Verified Answers,100% CORRECT
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Commercial Real Estate SAE - Champion's School of Real Estate 495 Questions with Verified Answers 
 
Productivity Management - CORRECT ANSWER Measuring the results from the use of available systems and tools for prospecting activities 
 
CRM - CORRECT ANSWER Contact Relationship Manager, a tool used to automate prospecting tasks and manage leads 
 
Geographic farming - CORRECT ANSWER A particular area that may include neighborhoods that a sales agent or broker markets for the solicitation of bus...
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CHAMPIONS REAL ESTATE FINANCE GRADED A+ ALREADY PASSED 2023
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Loan-to-Value Ratio (LTV) - correct answer The percentage of the lesser of the appraised value or sales price that the lender will lend. 
 
ex: If a borrower is approved for an 80% loan, it means that the lender will loan up to 80% of the sales price or appraised value, whichever is lower. 
 
Package Mortgage - correct answer Includes both real and personal property ( fixtures and furnishings) 
 
Blanket Mortgage - correct answer Covers more than one piece of property. 
 
Wraparound Mortgage - c...
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2024 Lead Abatement State Test Supervisor Questions and Answers
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Characteristics of lead - Answer-Metal, Gray, Soft, Heavy, Blocks radiation & Toxic 
What common consumer products could contain lead? - Answer-Paint, Bullets, Fishing sinkers, 
Solders, Ceramic, X-ray block, vinyl, plastic, weights, pewter, batteries, flashing & leaded crystal glass 
What was lead used in these products - Answer-Durable, drying agent, prevents mold & mildew, 
provides brightness in color & block radiation 
What form of lead was used in house-hold paint products - Answer-White l...
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Illinois Lead Risk Assessor Guide – 2022/2023 Already Passed
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Illinois Lead Risk Assessor Guide – 2022/2023 Already Passed Water Lead Action Level 5 ppb 
Soil High Contact Area Action Level 400 ppm 
Soil General Action Level 1200 ppm 
Soil Abatement Level 5000 ppm 
Soil IDPH Regulatory Level 1000 ppm 
Paint Chip - HUD hazard level 5000 ppm or 0.5% Lead by weight 
Consumer Product Safety Commission (CPSC) - Regarding Lead Banned new paint containing more than 90 ppm (or 0.009%) lead for residential use. 
T/F: There is a ban for LBP in an industrial settin...
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HUD HOUSE COUNSELING EXAM RATED A 100% VERIFIED GUIDE.
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HUD HOUSE COUNSELING EXAM RATED A 100% VERIFIED GUIDE.HUD HOUSE COUNSELING EXAM RATED A 100% VERIFIED GUIDE.HUD HOUSE COUNSELING EXAM RATED A 100% VERIFIED GUIDE.HUD HOUSE COUNSELING EXAM RATED A 100% VERIFIED GUIDE.HUD HOUSE COUNSELING EXAM RATED A 100% VERIFIED GUIDE.HUD HOUSE COUNSELING EXAM RATED A 100% VERIFIED GUIDE.HUD HOUSE COUNSELING EXAM RATED A 100% VERIFIED GUIDE.HUD HOUSE COUNSELING EXAM RATED A 100% VERIFIED GUIDE.
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Basic Appraisal Procedures – McKissock test questions with verified solutions 2024.
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Valuation process 
A systematic procedure used in the valuation of real property. 
 
Steps: 
1: Define the problem 
 
2:Determine scope of work 
 
3:Gather, record, and verify the data 
 
4:Determine the highest and best use 
 
5:Estimate the land value 
 
6:Estimate value by each of the three approaches (if applicable) 
 
7:Reconcile the estimated values into the final opinion of value 
 
8:Report the final opinion of value 
 
 
 
Client 
The party or parties who engage, by employment or contra...
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OHIO Lead Risk Assessor Study Guide/Terms Questions And Answers All Verified
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OHIO Lead Risk Assessor Study Guide/Terms Questions And Answers All Verified 
Lead was used in paint because it - ANS Adds durability and serves as a drying agent. 
 
Lead is sometimes found in drinking water because lead is in - ANS Pipe solder and plumbing fixtures. 
 
What form of lead is often found in house paint? - ANS WHITE LEAD 
 
How much lead must be present in a painted surface for it to be considered lead-based paint by HUD? - ANS At least 1 milligram per square centimeter (...
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Lead Inspector/Risk Assessor | ALL QUESTIONS AND ANSWERS 2023 GRADED A+!!
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Lead Inspector/Risk Assessor | ALL QUESTIONS AND ANSWERS 2023 GRADED A+!! 
 
Permanent abatement options include... - Paint removal, component removal, enclosure, encapsulation 
Lead Inspector - A certified individual who conducts a surface-by-surface investigation 
 to determine the presence of lead-based paint. 
Lead-based paint - 1 mg/cm2 
5000micrograms/g = 5000ppm 
.5% by weight 
What is lead based paint? - any surface coating containing at least 1 miligram per square centimeter of lead...
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LEAD ABATEMENT TEST QUESTIONS AND ANSWERS
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10 ug/ft2 
floors 
 
 
 
10 ug/ft2 
interior windows, sills or stools 
 
 
 
100 ug/ft2 
window troughs or window well 
 
 
 
50 ug/m3 
Osha permissible exposure limit 
 
 
 
30 ug/m3 
Osha action level - Requires 2 hr training & 1 blood test 
 
 
 
Drinking Water Levels 
15 ppb (parts-per-billion) 
 
 
 
Lead soil levels 
400 ppm (parts-per-million) 
 
 
 
Lead soil Levels (2) 
5000 ppm (parts-per-million) HUD requires abatement of soil hazard 
 
 
 
BLOOD LEAD LEVELS - Children 
5 ug/dl requir...
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Aceable Agent Texas Real Estate Principles I questions and answers
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Broker's Price Opinion (BPO) 
A broker's price opinion is the process used by a hired sales agent to determine the potential selling price or estimated value of a real estate property 
 
 
 
Closing 
The completion of a real estate transaction in which the buyer receives ownership and the seller receives the contract amount 
 
 
 
Comparative Market Analysis (CMA) 
A report comparing the prices of sold homes that are similar to the subject property (called comparables), created by a license ho...
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Basic Appraisal Procedures Test Review: Questions & Answers: Updated A+ Guide Solution
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"The age of property that is based on the amount of observed deterioration and obsolescence it has sustained" is the definition of ____________ age. (Ans- effective 
 
In what type of heating system would you find an expansion tank? 
(Ans- hot water 
 
Which of the following would be general data? 
 (Ans- mortgage rates, unemployment rates, property tax rates 
 
A comparable new house just sold for $440,000. You estimate the value of the site at $90,000 and the cost of the site improvements a...
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Pearson Vue Test Questions and answers, 100% Accurate, Graded A+. Approved.
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Pearson Vue Test Questions and answers, 100% Accurate, Graded A+. Approved. 
 
 
Which of the following terms BEST describes personal property that, by its attachment to real property, is regarded as real estate? 
 
A. 
Emblements 
 
B. 
Personality 
 
C. 
Fixtures 
 
D. 
Appliances - -C 
 
A salesperson who completes a written listing agreement with a seller is helping to create a contractual relationship between the: 
 
A. 
salesperson and the seller 
 
B. 
salesperson and the buyer 
 
C. 
sal...
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