Quizlet real estate practice exam.

Last updated: January 17, 2024. Jump to: 0. Shares. Searching for a free real estate practice exam? If so, you’re in the right place. We’ve built a small collection of practice questions in the same style of those you’ll …Study with Quizlet and memorize flashcards containing terms like Consent Order and Agreement, Economic Characteristics of Real Estate, Physical Characteristics of Real Estate and more. ... Real Estate Practice Final. 55 terms. kmsproull. Preview. Economics- Review part 4 . 17 terms. Emilylopez1616. Preview. Econ Exam 2.In Georgia, the Landlord's eviction of a tenant is generally known as: a DISPOSSESSION. Real property legal descriptions in Georgia can be based on all of the following EXCEPT: Land Lots, Township, Georgia Militia Districts, Districts. EXCEPT, Township. Under Georgia law, to claim adverse possession, the claim Must be: Must be, Accompanied by a ...Take the property value ($35000) multiplied by the percentage taxed (40%) for the percent for the assessed value ($14,000) and then multiply that number by the mill levy (0.83) for the total of annual taxes which will be $1162. Buyer Mike is applying for FHA mortgage on a house priced at $108,000. The maximum loan to value ratio is 97.75.

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Study with Quizlet and memorize flashcards containing terms like How long are the terms for members of the Colorado Real Estate Commission? Six Years Three Years Four Years Five Years, Is commingling legal in Colorado? No. Yes, under the Colorado Timeshare Act. Sometimes, only with permission from the buyer's agent and their broker. Sometimes, only with permission from the seller's agent and ...Study with Quizlet and memorize flashcards containing terms like A developer may not sell, offer, or dispose of a timeshare interest unless all necessary registration requirements are completed and approved by:, Which of the following has the duty of supervising and controlling all aspects of the offering of a timeshare plan?, If the broker finds out that a …

Study with Quizlet and memorize flashcards containing terms like Two friends hold title as joint tenants. One borrowed money and executed a deed of trust against the property. In terms of affecting title this action could:, Joint tenant estate held by two joint tenants is severed and ended by the following:, A man owns six seperate parcels of real property.Study with Quizlet and memorize flashcards containing terms like VREB Stands For, Title 54.1, Chapter 21 of the Code of Virginia Defines, How many meetings does the VREB hold a year? and more. ... Virginia Real Estate Practice Exams. 200 terms. jason_guidi. Preview. Virginia Real Estate License Exam. Teacher 60 terms. debbieg1245. Preview. Liam ...Study with Quizlet and memorize flashcards containing terms like A salesperson paid an hourly wage and expected to be in the office from 8am until 2pm to answer phones is probably a(n): A. Independent contractor B. Employee C. Contract agent D. Associate broker, A division of a community along geographic lines for purposes of listing homes for sale by two salespeople working for the same ...SC Real Estate Practice Exam. Licensee Lance has signed a written brokerage agreement with seller Daisy. He's responsible for helping Daisy complete her paperwork and submitting offers and counter-offers to and from her, but he's not considered her advocate, and he doesn't owe her any fiduciary duties. Based on this, you know he's acting as a

Practice Tests Questions for the California Real Estate Sales Person Exam Learn with flashcards, games, and more — for free. ... CA Real Estate Broker Exam Prep. 498 terms. kimbertran. Preview. CA Real Estate Exam 2023. 600 terms. dennishenderson3000. ... Quizlet for Schools; Language

1. Refuse to sell or rent a house. 2. Offer different terms, conditions, or privileges when selling or renting a house. 3. Indicate preference or limitation when advertising a home. 4. Coerce, threaten, intimidate, or interfere with a person's housing rights. This act prohibits housing discrimination based on race or color.

28 of 28. Quiz yourself with questions and answers for Real Estate Practice Final Exam, so you can be ready for test day. Explore quizzes and practice tests created by teachers and students or create one from your course material.Study with Quizlet and memorize flashcards containing terms like For the past year, a new licensee has been working part-time in real estate while continuing to work part-time in their family business. Their license is getting ready to expire. In order to renew it, they must: a. Complete 12 live hours and 12 online hours of continuing education b. Submit an application for re-approval with ...Study with Quizlet and memorize flashcards containing terms like Which of the following statements is TRUE about mobile home sales?, To be regarded as an ...20 of 20. Quiz yourself with questions and answers for TN REAL ESTATE PRACTICE EXAM, so you can be ready for test day. Explore quizzes and practice tests created by teachers and students or create one from your course material.Fee Simple Defeasible. Molly, a successful real estate salesperson, took some time off to stay at home with her first child. Days turned into weeks, weeks into months, months into years, until Molly's child was starting school. She decided she needed to head back to her profession and pick up where she left off. Study with Quizlet and memorize flashcards containing terms like Personal property that, by its attachment to real property, is regarded as real estate is called: A. an emblements B. personalty C. a fixture D. an appliance, What is the main purpose of police power? A. to protect the health, safety, and welfare of the community B. to prevent people from committing crimes C. to put out fires D ...

Study with Quizlet and memorize flashcards containing terms like According to fair housing, which of these is not a protected class? A. muslim B. arab C. homosexual D. single mother, The front door key to a house is: A. chattel B. fixture C. improvement D. trade fixture, The phrase "bundle of legal rights" is properly included in: A. the definition of real property B. a legal description C ...Study with Quizlet and memorize flashcards containing terms like C.) It protects the lender from loss due to defective titles. The property is used as collateral (security) for the loan. The title insurance protects a lender against the loss of security as a result of a title problem., C.) The lender must provide the Closing Disclosure by Friday of the week before closing. Lenders must deliver ...Study with Quizlet and memorize flashcards containing terms like To qualify for a real estate salesman license in Alabama, a person must:, Broker Mary Hart operates a brokerage business within the corporate city limits of Montgomery. Hart:, Under Alabama law, a licensee is prohibited from all of the following except: and more.Study with Quizlet and memorize flashcards containing terms like What is the state intangible tax when a buyer assumes a mortgage of $60,000 and takes out a new mortgage of $20,000?, If the Federal Reserve votes to lower the discount rate, how will this likely affect interest rates on short-term credit?, A subject property has four bedrooms. A comparable property sold for $275,000 with only 3 ...race, color, religion, sex, origin, disability, familial status. 1. owner-occupied buildings of 1-4 family dwellings. 2. single family housing sold or rented w/o the use of a licensee. 3. housing operated by organizations and private clubs that limit occupancy to members. Exemptions to the federal fair housing act.

1. Listing/offering to list real estate for sale/rent. 2. Selling/buying or offering to sell/buy. 3. Leasing/renting or offering to lease/rent. 4. Conducting/offering to conduct a real estate auction. 5.

Study with Quizlet and memorize flashcards containing terms like If an applicant for a sales license engages in a brokerage transaction, the applicant: a. may be paid for the transaction, after he gets his license b. may face criminal charges resulting in fine and/or jail c. is following standard operating procedures d. is ineligible for a license for 2 years, An unlicensed assistant is hired ... a. appraisals. b. broker price opinions. c. comparative market analysis. d. real estate licensees are exempt from the provisions of USPAP. a. Appraisers are paid a fee because. a. to accept compensation based on the appraised value is a conflict of interest. b. custom dictates the method of compensation. A family purchased a $90,000 lot to build a custom home. At the date of closing, the lot was assessed at $84,550 and the tax rate was $1.91/$100 assessed valuation. When they completed the home, the assessment increased by $235,000 to include the new construction. Study with Quizlet and memorize flashcards containing terms like Why do people go into real estate sales? a. High earning potential b. Independence c. Flexible schedule d. All of the above, Real estate salespeople are paid when: a. they obtain a listing. b. one of their transactions closes. c. the broker receives the earnest money deposits from the buyer. d. the buyer and seller open escrow ... Study with Quizlet and memorize flashcards containing terms like A title was recorded for a parcel of real property vested in the name of Johan Wilson, a property only in the name of Johan Roberts, a married woman. ... NATIONAL REAL ESTATE EXAM PRACTICE TEST. 164 terms. talyn_provo1. Preview. BLAW 3391 FINAL EXAM (CH.10 - CH.18) 75 terms ...118 of 183. Definition. 1) Prior to the closing of sale, the seller must give the buyer a statement regarding the condition of the property. 2) If a real estate agent is involved in the sale, the agent must also do a physical inspection and report his or her findings. 3) All parties sign the form. Pennsylvania Real Estate Exam - Practice Questions. Get a hint. Harrisburg resident Joseph Bell has worked full-time for Larry Keen, who is the builder-owner of dozens of homes just outside of Harrisburg. Joseph is Larry's "right-hand man," and Larry has given him permission and the authority to take on many of Larry's tasks. 5,400/12=450 MONTHLY. The $250,000 house is taxed at 80% Assessed Value. If the house is taxed at $27 per $1,000, what is the MONTHLY property tax? Study with Quizlet and memorize flashcards containing terms like UNILATERAL CONTRACT, SUBSTITUTION, IN WRITING and more.

growing equity. Study with Quizlet and memorize flashcards containing terms like Which of the following default types would be considered a technical default?, Which Texas agency licenses, regulates, and examines the trust- and insurance-funded prepaid funeral contract sellers?, The Tax Reform Act of 1986 established an entity that can issue ...

Study with Quizlet and memorize flashcards containing terms like How long are the terms for members of the Colorado Real Estate Commission? Six Years Three Years Four Years Five Years, Is commingling legal in Colorado? No. Yes, under the Colorado Timeshare Act. Sometimes, only with permission from the buyer's agent and their broker. Sometimes, only with permission from the seller's agent and ...

FREC has ruled that this type of marketing is a deceptive practice in violation of Chapter 475. The clause in the deed that specifies the type of estate being transferred is: habendum clause. Study with Quizlet and memorize flashcards containing terms like Licensee prepared a purchase and sale contract for a Purchaser.Q-Chat ... At what point in time does the person who holds a future estate obtain a fee simple interest? A. When a person who holds the future estate dies. B.Texas Real Estate Principles 1 (Practice Exam) 48 terms. nicoleemramirezz. Preview. texas real estate practice exam. 100 terms. amanda_williams222. Preview. 3-1🌸.Match. Study with Quizlet and memorize flashcards containing terms like All of the following are considered common interests community properties, except ?, The renewal period for real estate licensees is, A couple owns property as joint tenants and is going through dissolution of marriage. One of the spouses wishes to sell a property they own.7 days. 30 days. Don't know? 34 of 34. Quiz yourself with questions and answers for New Mexico Real Estate Exam, so you can be ready for test day. Explore quizzes and practice tests created by teachers and students or create one from your course material.Study with Quizlet and memorize flashcards containing terms like Land, Zoning Administration, Real estate and more. ... Indiana real estate exam practice. 263 terms. cmartin5378. Preview. Causes of Crimes and Legal Issues. 25 terms. quizlette89635718. Preview. Hawkins v. McGee. 20 terms. dthompso20. Preview. Real Estate Practice Exam Questions.In Georgia, the Landlord's eviction of a tenant is generally known as: a DISPOSSESSION. Real property legal descriptions in Georgia can be based on all of the following EXCEPT: Land Lots, Township, Georgia Militia Districts, Districts. EXCEPT, Township. Under Georgia law, to claim adverse possession, the claim Must be: Must be, Accompanied by a ...Study with Quizlet and memorize flashcards containing terms like Amenities of residential real estate are:, To restore an old home to its original condition without making any changes in the floor plan or style is referred to as, One who takes in severalty most generally takes title and more.

A buyer agrees to all terms of a seller's offer except price. The buyer lowers the price by $1,000, signs the form, and mails it back to the seller. At this point, the seller's offer. is void. Study with Quizlet and memorize flashcards containing terms like An owner completes a contract to sell her property.Study with Quizlet and memorize flashcards containing terms like Broker Jack has an agreement with seller Mauve that says Jack will receive compensation if anyone except Mauve sells ... Alabama Real Estate State Exam Practice. 100 terms. quizlette17569854. Preview. Ch. 5 Vocab. 30 terms. LukeGunn5156. Preview. Civil Liberties and Civil Rights ...The best way to study. Sign up for free. By signing up, you accept Quizlet's Terms of Service and ...Study with Quizlet and memorize flashcards containing terms like agency, Fiduciary Relationship, ... Real Estate Practice Exam Questions. Teacher 90 terms. Logan_Cooper289. Preview. Code of Ethics. 25 terms. RISOL213. Preview. review of ch 2-16. 94 terms. digitalmarketing57. Preview. mgt chp 8.Instagram:https://instagram. chicken little scooters in mariettaalg 263 white round pillhow to turn on closed caption on comcastclarion ledger newspaper obituaries 60 of 60. Quiz yourself with questions and answers for Appraisal Real Estate practice exam 1, so you can be ready for test day. Explore quizzes and practice tests created by teachers and students or create one from your course material. dreamybull im bussing full videopizza i ready learning game Study with Quizlet and memorize flashcards containing terms like the real estate licensing authority in Indiana is the, Under what law are Indiana real estate broker license issued?, Which of the following is NOT a sanction taken by a regulatory board against a licensee for violating real estate law? and more. ... Indiana State Practice Exam ... comerica routing number houston 90 Multiple choice questions. Definition. A. A homeowner performs DIY work in a home built prior to 1978. B. A seller of a home built in 1952 doesn't make the appropriate lead disclosures. C. Contractors from a home improvement store install windows or doors.Study with Quizlet and memorize flashcards containing terms like 1. When must a written no brokerage relationship notice be provided to customers?, 2. ... Florida Real Estate Practice Final Exam 2020. Teacher 210 terms. paulinenyaguthii27. Preview. Economics Exam 1. 31 terms. katrinat3005. Preview. REAL4000 Test 1. 19 terms. Anna_McCabe17 ...Kim, Chris, and Beth are all partners in a cosmetics firm. Kim is leaving the partnership and wants to sell her shares of the business, including the property owned by the partnership, to Chris and Beth. The three partners own the property with the right of survivorship should one or more of them die. The remaining partners are not interested ...