Kansas real estate Study guides, Class notes & Summaries

The Statement of Representation should hang prominently in the brokerage firm be included in every Real Estate Relationships Brochure not be included on personalized brochures be included on all paperwork submitted to KREC - Answer- be included in every Real Estate Relationships Brochure The Transaction Broker represents... the brokerage firm the state of Kansas neither the buyer or the seller the real estate agent - Answer- neither the buyer or the seller Customized brochures must...

Who enacts the real estate law in Kansas? A. Kansas Legislature B. Kansas Real Estate Commission C. Kansas Attorney General D. Director of the Kansas Real Estate Commission - Answer- A A real estate license is required to: A. lease agricultural property B. Auction vacant land C. Appraise commercial property D. Lease a duplex - Answer- B An auctioneer, who had a broker's license, received a listing to auction some vacant land. Which of the following would NOT be allowed? A....

ARKANSAS REAL ESTATE EXAM 2024 WITH COMPLETE SOLUTION GUIDE;100% VERIFIED

Arkansas Real Estate Exam State Portion 2023 Graded A When are Meeting of the Commission held and where? The Monday following the second Tuesday of the month at the office unless otherwise specified. What is required to appear before the Commission? Notify in 15 days before date in writing, file with the director, nature and purpose, clear and concisely stated with sufficient details. When are you restricted from appearing before the Commission? A person may not appear before the Commission in...

Arkansas Real Estate Exam Questions and Answers Rated A principal broker an individual who performs certain real estate services for another party for compensation. ultimately responsible for the company's activities, notably the activities of other licensees as well as the business's trust accounts. real estate duties not requiring license Delivery of a lease application or lease. Receiving a lease or lease application for delivery to the principal broker, real estate firm, or owner. Receivi...

Who enacts the real estate law in Kansas? A. Kansas Legislature B. Kansas Real Estate Commission C. Kansas Attorney General D. Director of the Kansas Real Estate Commission - correct answerA A real estate license is required to: A. lease agricultural property B. Auction vacant land C. Appraise commercial property D. Lease a duplex - correct answerB An auctioneer, who had a broker's license, received a listing to auction some vacant land. Which of the following would NOT be al...

Arkansas Real Estate State Exam Prep Questions and Answers Already Passed Commission meetings: a. Are whenever possible b. Are on the first Monday following the second Tuesday of every month c. Can be called by a majority d. Are twice a year at a time designated by the commission C. Can be called by a majority Meetings of the commission are held: a. At the commission's office b. At the board room c. In private d. At a public facility A. At the commission's office An appearance before ...

Arkansas Real Estate Exam Questions and Answers Already Passed Homeowner Dean owns the Northwestern 1/2 of the Northwestern 1/2 of the Northeastern 1/4 of the southwestern 1/4 of the south western 1/4 of section 31. how many acres is that property? A. 5 acres B. 10 acres C. 80 acres D. 2.5 acres 2 x 2 x 4 x 4 x 4= 256 640/256= 2.5 D. 2.5 acres Seller Gareth is certain there are no clouds on his property's title. What type of deed should he provide buyers to show his assurance of title? A...

Arkansas real estate latest update with verified solutions Brokerage The business of bringing people together in Real Estate transaction Broker A person or company licensed to buy, sell, exchange, or lease real property Appraisal Process of developing opinion of a property market value based on established methods and the professional judgment Property Manger Person or Company hired to maintain and manage property on behalf of the property owner Home Inspection A profession that combines a p...

Arkansas Real Estate License Law Questions and Answers Graded A A property management agreement is a written contract between the owner and property manager The answer is owner and property manager. A property management agreement is a written contract between the owner and the property manager. How are members of the Arkansas Real Estate Commission's board selected? Appointed by the governor The answer is appointed by the governor. The members of the board are appointed by the governor and ...