Re broker exam - Study guides, Class notes & Summaries

FL RE Post-Licensing Practice Exam 2 The RE School , (Answered) Compete Verified Solution 2024. What is the relationship between a property's net operating income and it's present value? Capitalization rate refers to the ratio of net operating income and property's present value. The correct answer is: Capitalization rate What is the occupancy rate of a 40-unit apartment building if 38 units are rented? To calculate the occupancy rate we divide units rented by total units in the building. ...

Nevada State Real Estate Final Exam Questions and Answers Already Passed A consumer filed a complaint with the Nevada Real Estate Division claiming that Salesman Jones lied about the location of a proposed freeway. Upon receiving the complaint: a the Nevada Department of Highways will be contacted by the Division. b the Administrator will appoint a Hearing Officer. c the complaint will be turned over to the Department of Consumer Affairs. d the Administrator will initiate an investigati...

Connecticut Life and Health Final Exam Questions And Answers Someone who is licensed to negotiate a life settlement contract is called a - ANS-Life settlement broker Chris has a single major medical contract which covers all medical expenses. His plan is considered to be - ANS-comprehensive What typically changes at the re-entry option date found in some life insurance policies? - ANS-Premium - a re-entry option gives the insured the opportunity to provide evidence of insurability at the ...

NYS Real Estate Practice Exam 2023-2024 Questions and Answers (Graded A)NYS Real Estate Practice Exam 2023-2024 Questions and Answers (Graded A)NYS Real Estate Practice Exam 2023-2024 Questions and Answers (Graded A)NYS Real Estate Practice Exam 2023-2024 Questions and Answers (Graded A) What agency issues real estate licenses? - ANSWER-The New York State Department of State (NYDOS), Divison of Licensing Services At what age can you become a real estate salesperson? - ANSWER-18 Do you nee...

RE Salesperson License requirements? 18 years old, 40 hour class, pass the exam, must affiliate with a broker to practice and may not accept direct client payments Broker's License requirements? 3 years salesperson experience, 40 hour class, pass the exam, $5,000 bond and pay a fee.

RE Broker Exam Questions and Answers 100% CorrectRE Broker Exam Questions and Answers 100% CorrectRE Broker Exam Questions and Answers 100% CorrectRE Broker Exam Questions and Answers 100% CorrectRE Broker Exam Questions and Answers 100% Correct Bundle of rights - ANSWER-PUTEE - Possession, Use, Transfer, Exclusion, Encumbrance Real property - ANSWER-Real estate (land + manmade attachments) + bundle of rights Legal Title - ANSWER-Full ownership of property + bundle of rights Equitable ...

PSI Real Estate Exam (MD State Portion) Latest 2023 Graded A+ Real Estate brokerage is govern by: 1. Satutory Law - Brokers Act "Title 17" 2. Administrative Law - Code of Maryland Regulations (COMAR) Regulation is enacted and enforced by MD Real Estate Commission (MREC) Brokerage Services: For consideration: - *Selling, buying, exchanging, or leasing* any real estate or collecting rent - Assisting to *locate/obtain* for purchase/lease any residential real estate - Serving as a consultant En...

Bundle of rights - ANSWER-PUTEE - Possession, Use, Transfer, Exclusion, Encumbrance Real property - ANSWER-Real estate (land + manmade attachments) + bundle of rights Legal Title - ANSWER-Full ownership of property + bundle of rights Equitable Title - ANSWER-Interest that gives the buyer the right to acquire legal title to a property if certain contractual conditions occur. Homestead - ANSWER-Rights to principal residence Fee simple - ANSWER-Highest form of ownership interest - no...

RE Broker Exam Verified Questions And Answers 2023/2024 Updates RE Broker Exam Verified Questions And Answers 2023/2024 Updates

Bundle of rights - correct answer PUTEE - Possession, Use, Transfer, Exclusion, Encumbrance Real property - correct answer Real estate (land + manmade attachments) + bundle of rights Legal Title - correct answer Full ownership of property + bundle of rights Equitable Title - correct answer Interest that gives the buyer the right to acquire legal title to a property if certain contractual conditions occur. Homestead - correct answer Rights to principal residence Fee simple - correc...