Perry real estate college - Study guides, Class notes & Summaries

PERRY REAL ESTATE COLLEGE FINAL EXAM |100 QUESTIONS| WITH COMPLETE SOLUTIONS!!

Improvement - ️️any artificial thing attached on or below ground, such as a building, fence, water line or sewer pipe, as well as growing things that are made part of the landscaping. Agency coupled with an interest - ️️Broker agrees to provide financing for condo being constructed with exclusive right to sell the units Special Purpose Real Estate - ️️churches, schools, cemeteries, and governmentheld lands Propriety lease - ️️the lease given to shareholders in a cooperative...

All the following would be acceptable as evidence of marketable title EXCEPT A property owner's warranty deed An abstract and legal opinion Torrens certificate A title insurance policy - ️️A property owner's warranty deed The grantor retains an interest in the ownership. - ️️The grantor's warranties are limited to the time the grantor owned the property. A joint tenancy with right of survivorship may be created automatically if the property is distributed to the survivin...

PERRY REAL ESTATE COLLEGE FINAL

Perry Real Estate College Final Exam Questions and Answers 100% Correct.

PERRY REAL ESTATE COLLEGE FINAL EXAM

PERRY REAL ESTATE COLLEGE - NATIONAL PRACTICE TESTS 6-10 (PRE-LICENSING COURSE, NATIONAL EXAM PREP EBOOK) QUESTIONS WITH COMPLETE ANSWERS GRADED A+

All of the following are prohibited under the antitrust laws EXCEPT -Competing property management companies agreeing to standardized management fees -competing brokers allocating markets based on the value of homes -a broker's setting a company commission schedule -real estate companies agreeing NOT to cooperate with a broker because of the fees that broker charges - ️️a broker's setting a company commission schedule A rancher owns a parcel of land on which oil was discovered. ...

A house with outmoded plumbing is suffering from -curable physical deterioration -external depreciation -incurable physical deterioration -functional obsolescence - correct answer functional obsolescence In order to be a License member of the commission, a person must be -a KY citizen -a non-felon -all of the above -a licensed broker - correct answer all of the above A licensed real estate professional acting as a point of contact between two or more people in negotiating the sale, re...