Patrickkaylian
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PA Real Estate Commission Part 1 (Questions & Answers) Rated 100%
How many months past the term can someone serve while they are finding a replacement? - ️️6 Failure to attend ___ consecutive meetings will forfeit their seat unless excused due to illness or family death. - ️️3 The commissioner's purpose is to provide _______, _______, and _______ support to the PA Real Estate Commission. - ️️administrative, logistical, and legal How many members are in the Pennsylvania Real Estate Commission - ️️11 How many members in the Commission a...
- Package deal
- Exam (elaborations)
- • 2 pages •
How many months past the term can someone serve while they are finding a replacement? - ️️6 Failure to attend ___ consecutive meetings will forfeit their seat unless excused due to illness or family death. - ️️3 The commissioner's purpose is to provide _______, _______, and _______ support to the PA Real Estate Commission. - ️️administrative, logistical, and legal How many members are in the Pennsylvania Real Estate Commission - ️️11 How many members in the Commission a...
PA Real Estate Proctored Exam Questions and Answers Fully Solved 100%
The owner of 50 acres of land with 500 feet of frontage on a desirable recreational lake wishes to subdivide the parcel into salable lots. She wants to retain control over the lake frontage while allowing lot owners to have access to the lake. What type of access rights should she give prospective lot purchasers? - ️️An appurtenant easement A couple has signed over their property to First Federal Bank eliminating all liens they had. They were part of a - ️️Deed in lieu of foreclosur...
- Package deal
- Exam (elaborations)
- • 4 pages •
The owner of 50 acres of land with 500 feet of frontage on a desirable recreational lake wishes to subdivide the parcel into salable lots. She wants to retain control over the lake frontage while allowing lot owners to have access to the lake. What type of access rights should she give prospective lot purchasers? - ️️An appurtenant easement A couple has signed over their property to First Federal Bank eliminating all liens they had. They were part of a - ️️Deed in lieu of foreclosur...
3-PA Real Estate Salesperson Exam: Regulation of Conduct of Licensees Questions and Answers Fully Solved 100%
Duties of Buyer's Broker - ️️(1) to be loyal to the buyer by taking action that is consistent with the buyer's interest in a transaction; (2) to make a continuous and good faith effort to find a property for the buyer, except that a buyer's broker is not obligated to seek additional properties for purchase while the buyer is subject to an existing contract for sale; and (3) to disclose to the listing broker, at first contact, that the broker has been engaged as a buyer's ag...
- Package deal
- Exam (elaborations)
- • 15 pages •
Duties of Buyer's Broker - ️️(1) to be loyal to the buyer by taking action that is consistent with the buyer's interest in a transaction; (2) to make a continuous and good faith effort to find a property for the buyer, except that a buyer's broker is not obligated to seek additional properties for purchase while the buyer is subject to an existing contract for sale; and (3) to disclose to the listing broker, at first contact, that the broker has been engaged as a buyer's ag...
Pennsylvania State Portion Exam Questions And Answers With Verified Tests 100% Correct Answers
Sarina filed a complaint against a Pennsylvania real estate licensee that was related to a possible violation of the Human Relations Act. This is the first time the licensee has faced a complaint. What role does the PA State Real Estate Commission serve in this investigation? - ️️The PA State Real Estate Commission must wait 90 days before initiating its own investigation related to the complaint. Wally is a PA licensee. He's planning to purchase a house with several acres of land f...
- Exam (elaborations)
- • 2 pages •
Sarina filed a complaint against a Pennsylvania real estate licensee that was related to a possible violation of the Human Relations Act. This is the first time the licensee has faced a complaint. What role does the PA State Real Estate Commission serve in this investigation? - ️️The PA State Real Estate Commission must wait 90 days before initiating its own investigation related to the complaint. Wally is a PA licensee. He's planning to purchase a house with several acres of land f...
PA real estate state portion Questions And Answers Already Graded A+
The Pennsylvania real estate commission may levy a civil penalty upon an individual who violates any provision of the real estate licensing and registration act, but only if the individual has been A. warned in writing B. given the opportunity for a hearing C. confronted in person D. suspended from real estate activities - ️️B. given the opportunity for a hearing Why is the following advertisement placed by a salesperson employed by ABC reality, in violation of Pennsylvania rules? ha...
- Package deal
- Exam (elaborations)
- • 19 pages •
The Pennsylvania real estate commission may levy a civil penalty upon an individual who violates any provision of the real estate licensing and registration act, but only if the individual has been A. warned in writing B. given the opportunity for a hearing C. confronted in person D. suspended from real estate activities - ️️B. given the opportunity for a hearing Why is the following advertisement placed by a salesperson employed by ABC reality, in violation of Pennsylvania rules? ha...
PA Real Estate Chapter 5 Questions and Answers Fully Solved 100%
conventional life estate - ️️created intentionally by the owner and may be established by deed at the time the ownership is transferred, during the owners life, or by a provision of the will after his or her death. The estate is is conveyed to an individual known as the LIFE TENANT and they may enjoy the the ownership until the death of the person whose life the estate is measured. defeasible fee estate - ️️An estate in which the holder has a fee simple title that may be divested u...
- Package deal
- Exam (elaborations)
- • 4 pages •
conventional life estate - ️️created intentionally by the owner and may be established by deed at the time the ownership is transferred, during the owners life, or by a provision of the will after his or her death. The estate is is conveyed to an individual known as the LIFE TENANT and they may enjoy the the ownership until the death of the person whose life the estate is measured. defeasible fee estate - ️️An estate in which the holder has a fee simple title that may be divested u...
Real Estate - Pennsylvania State Exam - Real Estate Commission (Questions & Answers) Rated 100%
To qualify for the fund, the consumer must: - ️️-not be a spouse or a representative of the spouse of the licensee - demonstrate a final judgement has been awarded - demonstrate his or her attempt to receive the judgement through all other means -apply within one year of the end of the civil proceedings to the court that made the final judgement The commission has a duty to administer and enforce - ️️real estate laws and real estate, cemetery and campground membership activities, ...
- Exam (elaborations)
- • 7 pages •
To qualify for the fund, the consumer must: - ️️-not be a spouse or a representative of the spouse of the licensee - demonstrate a final judgement has been awarded - demonstrate his or her attempt to receive the judgement through all other means -apply within one year of the end of the civil proceedings to the court that made the final judgement The commission has a duty to administer and enforce - ️️real estate laws and real estate, cemetery and campground membership activities, ...
PSI PA REAL ESTATE EXAM QUESTIONS WITH CORRECT ANSWERS GRADED A+
A couple owns an older home in a neighborhood that is becoming a commercial area. Because of the change in the use of the land, the couple can expect the value of their parcel to increase at some future time. This is an example of the principle of - ️️anticipation Even after an offer has accepted and is binding, the buyer and seller may still choose to sign mutual release papers rather then proceed to closing. Which of the following circumstances would NOT give either party a justifiab...
- Package deal
- Exam (elaborations)
- • 11 pages •
A couple owns an older home in a neighborhood that is becoming a commercial area. Because of the change in the use of the land, the couple can expect the value of their parcel to increase at some future time. This is an example of the principle of - ️️anticipation Even after an offer has accepted and is binding, the buyer and seller may still choose to sign mutual release papers rather then proceed to closing. Which of the following circumstances would NOT give either party a justifiab...
PA State Real Estate Exam (Questions & Answers) Rated 100%
Customer - ️️The one who enters into a real estate contract with the principal through the efforts of the principal's agent. A customer is a 3rd party to an agency relationship. The principal is the 1st party, the agent/licensee is the 2nd party. Everyone else in the world would be a 3rd party; a customer. Principal - ️️This is the one being represented by an agent. In the real estate industry the principal is also known as "the client". This is usually, but not always, the...
- Exam (elaborations)
- • 3 pages •
Customer - ️️The one who enters into a real estate contract with the principal through the efforts of the principal's agent. A customer is a 3rd party to an agency relationship. The principal is the 1st party, the agent/licensee is the 2nd party. Everyone else in the world would be a 3rd party; a customer. Principal - ️️This is the one being represented by an agent. In the real estate industry the principal is also known as "the client". This is usually, but not always, the...
PSI PA State Real Estate Practice Exam Questions and Answers
Provides for the rehabilitation or recycling of brownfields by providing a mechanism to enforce hazard mitigation controls and ease concerns about the future liability associated with contaminated properties - ️️Uniform Environmental Covenants Act (UEAC), which took effect in February 2008 Created when the person claiming the easement has made use of another's land for 21 years in PA. The claimant's use must have been continuous, exclusive, and without the owner's approval. Th...
- Exam (elaborations)
- • 12 pages •
Provides for the rehabilitation or recycling of brownfields by providing a mechanism to enforce hazard mitigation controls and ease concerns about the future liability associated with contaminated properties - ️️Uniform Environmental Covenants Act (UEAC), which took effect in February 2008 Created when the person claiming the easement has made use of another's land for 21 years in PA. The claimant's use must have been continuous, exclusive, and without the owner's approval. Th...
Law 3220 Clemson Exam 3 Rated 100% Correct!!
HESI RN Case Study: Burns| Questions and Answers 2023 with complete
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