Quizlet real estate practice exam

The NW 1/4 of sections 16 and the NE 1/4 of section 17 contain how many acres? 320; A section contains 640 acres; when divided by ¼ = 160 acres. The word "And" in a legal description means that parts of two sections are added together. 160 acres in section 16 and 160 acres in section 17 = 320 acres.

10. An agency relationship created by an oral or written agreement between principal and agent is a (n) 11. Martin signs an exclusive-right-to-sell listing agreement for six months with Broker Gerald. Within one month, Martin sells his house himself and refuses to pay a commission to Gerald. Terms in this set (28) A real estate sales agent may be employed by: Their broker. As a prerequisite to an agents use of an income and expense data worksheet, the agent asks a prospective broker: The price range of property the agent is most likely to list and sell. A (blank) occurs when a broker or their agent has a professional or personal ... 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. 140 of 140. Quiz yourself with questions and answers for FL Real Estate Exam Practice Questions, 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.Real property can be converted to personal property by. severance. Study with Quizlet and memorize flashcards containing terms like An exception to title insurance coverage is, A licensee has an agency representation agreement with a buyer. When showing another company's listing, what obligation does the licensee have to the seller and the ...Looking for facts about GERD? Learn about a physical exam for GERD from Discovery Health. Advertisement Even though your symptom history is an important part of your office visit, ...

After deducting $5,100 in closing costs and a 6.5% brokerage fee, the seller netted $175,500. Rounding your answer to the nearest dollar, what was the selling price?*. $193,155. Illinois Real Estate; Practice Exam - 05 (75%) Learn with flashcards, games, and more — for free.Study with Quizlet and memorize flashcards containing terms like The amount per $1,000 used to calculate taxes on property is the, The common name of the hazardous-waste cleanup fund established by the Comprehensive Environmental Response, Compensation and Liability Act (CERCLA) is, May eviction and foreclosure notices be delivered electronically in South Carolina? and more.Study with Quizlet and memorize flashcards containing terms like T/F: An initial real estate license expires on the first of two dates after 18 months: March 31 or September 30, T/F: A Sales associate must complete a 60-hour post-licensing course before the first renewal., T/F: A sales associate in a brokerage firm may work as a transaction broker to a buyer if another sales associate in the ...A metes and bounds description. A) must cover an area larger than 10 acres. B) must be made only in an area not covered by the rectangular survey system. C) must begin and end at the point of beginning. D) must always use north as a baseline direction. C) must begin and end at the point of beginning.Meet the requirements for a new license, including all pre-license education and passing the exam. Three weeks before N begins his real estate pre-license class, he offers to help his neighbor sell her house. The neighbor agrees to pay N a 5% commission. An offer is accepted while N is taking the class and closes the day after N passes the exam ...

2024 Edition. Real Estate Agent License Practice Test. Generally, you can expect that your state real estate agent license exam will consist of 80-100 multiple-choice …Study with Quizlet and memorize flashcards containing terms like Which of the following is a lien on real estate? a. recorded easement b. recorded mortgage c. encroachment d. dead restriction, Which approach to value would MOST likely be useful to real estate brokers estimating the value of a single-family residence for sale in a subdivision? a. cost approach b. income approach c. market ...79 of 79. Quiz yourself with questions and answers for 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.1. complete an additional 15- hour course for non-residents. 2. furnish evidence of good moral character to the real estate commission. 3. pay a higher licensing fee than resident licenses. 4. file a consent to be sued in NJ. By definition, an "estate for years". 1. must be for at least two years.

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The Investigations section of the AREC is responsible for investigating complaints from consumers for alleged violations of the. Real estate education law, time share law and real estate license law. All members of the AREC are. Confirmed by the Senate. The arkansas license law allows all licenses to perform all function proper to a principal ...Are you preparing for the CTET (Central Teacher Eligibility Test) and looking for effective ways to enhance your exam preparation? Look no further. Online practice sets are the ans...Terms in this set (28) A real estate sales agent may be employed by: Their broker. As a prerequisite to an agents use of an income and expense data worksheet, the agent asks a prospective broker: The price range of property the agent is most likely to list and sell. A (blank) occurs when a broker or their agent has a professional or personal ...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.

A. The seller would owe money, and the buyer would receive money, because the seller has not paid the taxes. $2,500 divided by 365 is $6.849315 times the actual days of 165 is $1,130.14. 7. A seller listed his home for six months on February 26. On April 29, a buyer made an offer on the property.81 of 81. Quiz yourself with questions and answers for Real Estate Exam (Math Portion), Real Estate Math Practice Problems, 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. which type of estate in real property is held for a definite number of years. a) fee simple estate. b) life estate. c) estate for years. d) estate by the entireties. c. in the government survey system of legal descriptions, a township measures. a) 6 square miles. b) 6 miles square. 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 Broker Zeke is busy and doesn't have time to go to the bank, so he deposits his client's earnest money funds into his personal account. He plans to move the funds to the appropriate account within a week. This violation is an example of ______. a. Commingling b. Contractural Interference c. Failure to disclose an agency ...the unlawful practice of refusing real estate related business services based on location of a person's real property. ie: lending institutions or insurance companies 60. Reconciliation definition...Online banks. 20 of 20. Quiz yourself with questions and answers for 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.Study with Quizlet and memorize flashcards containing terms like Special or Specific Agency, General, Designated agency and more. ... Alabama Real Estate Exam Prep. Teacher 577 terms. Crystal_Dukes. Preview. Real Estate Terminology NATIONAL. 194 terms. gracieleaxh. Preview. Practice Test. 100 terms. andrea_young33.

Study with Quizlet and memorize flashcards containing terms like Which one of the following could be a clue that a property was formerly a waste disposal site?, Candace and Phil Tolson listed their home for sale with Trent Richards, the broker for Richards Homes. Sadly, Trent became incapacitated due to a car accident. What's the status of the listing agreement?, The owner of a duplex charges ...

Study with Quizlet and memorize flashcards containing terms like What is the maximum fine amount that the Department of Commerce may issue?, Does the commerce hear disputes between the broker and salesperson?, Who must have a real estate license in Minnesota? and more. ... Minnesota (real estate) practice STATE EXAM. 46 terms. you8013. Preview ... She must complete 60 hours of Alabama pre-licensing education. She must deactivate her current real estate license. She must enter into a written co-brokerage agreement. She must pass the licensing exam with a minimum score of 80%. 20 of 100. Term. Damian, a salesperson, is interested in being a qualifying broker. Answer - japan. Japan has 25% population older than 65 and 13% population younger than 15. Since the proportion of senior citizens is the highest and the proportion of young citizens is the second lowest compared to other places, the average age of the population in Japan is probably the oldest in East Asia.Study with Quizlet and memorize flashcards containing terms like Maria acquires a property from her uncle Alfonso. ... Pearson Vue Real Estate Practice Exam. 67 terms. Ms_darcy. Preview. Digital Marketing Final Study Guide - Chapter 6. 47 terms. super_nutellala681. Preview. Tourism geo - mid term - lists. 26 terms.You are appraising a 5 year old home. If the livable square footage is 3,500 with a cost of $95 to replace according to a cost-estimating service and the 400 square foot garage can be replaced at $60 a sq foot, calculate the reproduction cost of the structure. $356,500. [Section 16 Slide 89] 95 x 3,500 = $332,500;Terms in this set (28) A real estate sales agent may be employed by: Their broker. As a prerequisite to an agents use of an income and expense data worksheet, the agent asks a prospective broker: The price range of property the agent is most likely to list and sell. A (blank) occurs when a broker or their agent has a professional or personal ...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 ...

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Study with Quizlet and memorize flashcards containing terms like appurtenance, improvements, personal property and more. ... Champions School of Real Estate - Exam Prep. 177 terms. Dannym1te. Preview. Medical Malpractice. 11 terms. MarissaDelane. Preview. A&p lab practical II. 31 terms. juandiego1234567. Preview.A home maintains its highest value by being in a neighborhood with similar-type housing. Real estate licensees should know enough about building ordinances to be able to. conduct a professional home inspection. provide solid legal advice. answer all client questions about a building's compliance.To help contribute to any future changes or revisions in the agency disclosure office policy. Quiz yourself with questions and answers for Alabama (STATE) 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.You've studied hard, had a good night's sleep, eaten a good breakfast, and now you're ready for your big test. You might consider walking to the exam—20 minutes of activity, walkin...Study with Quizlet and memorize flashcards containing terms like A broker's protection clause, when inserted into a listing agreement, serves this function:, A legal document pledging a property to the lender as security for payment of a debt is called:, What does a desist and refrain order do if issued by the real estate commissioner? and more.Study with Quizlet and memorize flashcards containing terms like Realtor, A 40,000 mortgage for a term of 20 years was originated at an 8%interest rate,with monthly mortgage payments of 334.58 what is the principal balance remaining after the second monthly payment ?, If the price of a lot $9 per square food how many square feet are contained in a lot that sells for 27000 and more.130 of 130. Quiz yourself with questions and answers for Real Estate Finance: 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.92 of 92. Quiz yourself with questions and answers for Louisiana 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 hometown Bank and trust refuses to lend money to homeowners trying to purchase property in ...Study with Quizlet and memorize flashcards containing terms like Common Law, Equitable Law, Statue Law and more. ... Real Estate exam prep UBC. 191 terms. karan505. Preview. Real Estate BC. 657 terms. kellypro137. Preview. MSE402 - Tendering. 21 terms. John_Alexander205. Preview. Business Law Module 2. 5 terms. cfidelack4.219 Multiple choice questions. Term. A property owner has decided to do some landscaping work on his yard. He has planted a tree surrounded by some flowering shrubs. The tree and shrubs are an example of... riparian. improvements. executory. the landlord.Study with Quizlet and memorize flashcards containing terms like , Which of the following professionals involved in the real estate business are most concerned about managing real estate for clients, Real estate can be defined as and more. ... Real Estate Practice Exam. Share. Flashcards; ….

Texas Real Estate Principles 1 (Practice Exam) 48 terms. nicoleemramirezz. Preview. texas real estate practice exam. 100 terms. amanda_williams222. Preview. 3-1🌸.A.To determine the market value of a property. B.To determine the insurance value of a property. C.To determine the marketability of a property. D.To determine the tax value of a property. C. Study with Quizlet and memorize flashcards containing terms like In order to equalize business in their area, ABC Realty and RMH Realty have an unwritten ...20 of 20. Quiz yourself with questions and answers for Real Estate finance 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.Study with Quizlet and memorize flashcards containing terms like $993.75, Withdraw from the listing agreement, NOI ÷ value (or price). and more. ... Real Estate Practice Exam Principles 1. 48 terms. Janiya04213. Preview. Social studies Map Vocab. 12 terms. SIH1314. Preview. Natural Resources. Teacher 13 terms. GerberJon.The single agent only represents one client in a transaction. 20 of 20. Quiz yourself with questions and answers for Indiana real estate practice test questions, 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.In the overwhelming majority of real estate agencies, what is the legal relationship of a sales associate (who could be licensed as a Sales Agent, an Associate Broker or Broker) to the agency? What is meant by the term "listing side" of a real estate transaction? Maine Real Estate Agent License Exam Prep 2021 Learn with flashcards, games, and ...Study with Quizlet and memorize flashcards containing terms like Two Types of Property:, Real Estate:, Land: and more. ... Real Estate Practice Exam Questions. Teacher 90 terms. Logan_Cooper289. Preview. PoB CH5 vocab. 23 terms. Kim_Peterson74. Preview. Human Trafficking. 10 terms. Srikar_Ketharaju.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 ... Quizlet real estate practice exam, [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1]