Quizlet real estate practice exam.

Hello, welcome to our California Real Estate Practice Exam. In California, there are 150 questions on the exam. Many states have a national portion and a state portion, but California has one section combining both for a total of 150 questions. The two most effective study tools for the state exam are practice exams and learning the state-specific license laws.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.The Tennessee Real Estate Broker License Act of 1973 protects consumers against real estate licensees who ______. 1. Are ambitious, gregarious, and use heavy amounts of advertising to sell real estate. 2. Are new to real estate and aren't familiar with all the ins and outs of a real estate transaction. 3.80 of 80. Quiz yourself with questions and answers for National - Real Estate Exam Practice Questions (Set One), 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 A _____ is a permanent change in one or more of the terms of a borrower's loan. ... Real Estate Practice Exam Questions. Teacher 90 terms. Logan_Cooper289. Preview. Champions Real Estate Finance. 60 terms. Mariahjje. Preview. Enterprise/Equity Value. 12 terms. jessebarlowe.

JessicaSummerrs. These flashcards will prepare you for questions on the Oregon Real Estate State Exam. I've taken the Oregon State exam and remember these questions from the exam. The exam is random and may or may not have these questions on your test, but you must know them in order to pass your Oregon State exam.Study with Quizlet and memorize flashcards containing terms like Which statement is true regarding the use of the term REALTOR? All real estate licensees are REALTORS All REALTORS are members of the National Association of REALTORS (NAR) The terms real estate licensee and REALTOR may be used interchangeably The Florida DBPR authorizes the use of the term REALTOR, The term follow up refers to ...

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.

Study with Quizlet and memorize flashcards containing terms like a contract of sale states that the earnest money deposit is to be placed in an interest-bearing account with any interest earned to be given to the buyer. This is:, If a buyer's earnest money check is returned for insufficient funds after being deposited into the brokers trust account, the broker should:, Which option best ...1 acre = 43,560 square feet. example: 3 acres being sold for $1.10 a sq ft. 43,560 x 3 = 130,680. 130,680 x 1.10 = 143,748. Mineral, air and water rights. Liens. A charge against property that provides security for a debt or an obligation of the property owner. Examples: judgements (sued), unpaid real estate taxes.Study with Quizlet and memorize flashcards containing terms like A Point of Beginning refers to:, What is the major difference between an Estate for Years and an Estate from Period to Period?, In order to equalize business in their area, ABC Realty and RMH Realty have an unwritten agreement. ... CA real estate practice exam 1 (midterm 1) 50 ...A personal right to use the land of another. A buyer who signs a real estate contract is immediately regarded as the equitable owner of the real property, while the seller has an equitable interest in the purchase price. Power of a …

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Study with Quizlet and memorize flashcards containing terms like Under the law of agency, a broker's responsibility to the principal is?, Which of the following items would have to be disclosed to prospective buyers by the listing broker?, Under a sales contract, the legal remedy that MAY be used to force the seller to consummate the sale …

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. 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 ...An individual or legal entity licensed to act as the agent of another in buying, selling, exchanging, renting, leasing, managing, or auctioning real estate for another. Call. The compass direction and distance for each boundary line. See more. Study with Quizlet and memorize flashcards containing terms like Accession, Acre, 43560 and more.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.Study with Quizlet and memorize flashcards containing terms like The list of potential clients that an agent contacts on a regular basis, Errors and Omissions insurance is meant to protect whom from liability, A salesperson who receives all (or nearly all) of the commission earned from a real estate transaction: and more.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.

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; Study with Quizlet and memorize flashcards containing terms like What kind of mortgage involves two or more properties pledged as security for repayment of a loan?, The rate at which a bank can obtain an overnight loan from another bank without providing collateral is called the ______ rate., Vicky and Lee vacation in Cancun, Mexico every year. They purchased the right to stay in a beach condo ... a) A client's closing package arrives at the closing agent's office late. b) The buyer wants to lower an offer based on appraisal results. c) The seller refuses to repair the property as negotiated in the buyer's offer. d) The title can't be cleared., Licensee Trent was writing up a purchase agreement for his clients and forgot to add a ...12. What is not a prorated cost? a. Unpaid utility bills b. Principal amount of a new mortgage c. Prepaid insurancePreview. Chapter 4-Consideration of Value for the Promise. 25 terms. msperu37. Preview. Study with Quizlet and memorize flashcards containing terms like Which item below can help protect against a home with a listed incorrect street address or legal description in public records?, Robert owns his property and enjoys the full bundle of rights.Study with Quizlet and memorize flashcards containing terms like Under the law of agency, a broker's responsibility to the principal is?, Which of the following items would have to be disclosed to prospective buyers by the listing broker?, Under a sales contract, the legal remedy that MAY be used to force the seller to consummate the sale is called? and more.

6.3. The Federal Reserve System. 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. The discrepancy in the grantor's name is:, Which contract would be the most difficult for a buyer ...

estate for years. there are many advantages to holding property within a trust. one of the most important advantages is that some trusts________. avoid probate. categories of adjustment (5 in order) 1. financial terms and cash equivalency. 2. conditions of sale. 3. market conditions at the time of contract and closing.Real estate express final exam practice: The seller and buyer have countered back and forth for several days. The two parties have verbally agreed to a price, but neither has signed anything. At this point the status of the negotiation is: Click the card to flip 👆. not a contract until the parties have signed the necessary documents. 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. After operating the firm for 17 years, Trethlon Manufacturing just sold its entire operation for $5.7 million. The adjusted purchase price was $3.9 million. While the corporation ran the business, it spent $970,000 on capital improvements. Real estate commissions and other costs of the sale were $358,000. What is Trethlon's capital gain?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.Term. According to the Virginia Landlord-Tenant Act, security deposits: A. Are 100% refundable to the tenant. B. Must earn interest to the benefit of the tenant. C. Cannot exceed the equivalent of one month's rent. D. Must placed in an escrow account. Familial status. Automatic revocation of the real estate license.

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practice real estate. 21 terms. tombui81. Preview. EXAM PRACTICE. 49 terms. Brenda_Esparza35. Preview. Econ Vocab Quiz #3. 10 terms. adsnider15. Preview. U2 micro. 24 terms. JonPMcLaughlin. Preview. Real Estate Post Licensing Quiz - Chapter 1 - Real Estate as a Career. 15 terms. onepineapple. Preview. RE chapter Final Exam. 100 terms.

23 of 23. Quiz yourself with questions and answers for Real Estate Exam Massachusetts Test Practice, 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. Terms in this set (81) Start studying REAL ESTATE Practice EXAM #3.5. Learn vocabulary, terms, and more with flashcards, games, and other study tools. 23 of 23. Quiz yourself with questions and answers for Real Estate Exam Massachusetts Test Practice, 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. Practice questions for a pesticide applicator license exam include which body parts are most likely to be exposed to pesticides, how to store specific pesticides properly and the d...99 of 99. 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.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 aChapter 14 BoB test - Contracts for the sale of Real Estate. Missouri Real Estate Practice Exam. Macro Graphs. chapter 12 quiz. CB #1 "The Real Estate Business" test. Chapter 15. Intro to Business Themes 5 & 6. Profits. Study with Quizlet and memorize flashcards containing terms like Which of the following professionals involved in the real ...Study with Quizlet and memorize flashcards containing terms like A fee simple absolute estate would be best defined as, Of the following, which define a fee simple estate, An estate is a granted to "A" for the life of "X". ... 2024 Real Estate Practice Exam. 153 terms. Blacksnakes30. Preview. Real Estate Exam 2024. 284 terms. knetzerprincess ...

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 The_____ determines the relationship between the public and employed brokers., What must happen to get a perspective Easement in Colorado?, The written disclosure of a brokerage relationship must have _____ in the contract? and more.In this article, we’ve partnered with RealEstateU to provide a free real estate practice exam, recommendations for taking your exam prep to the next level, and sever …Instagram:https://instagram. hillcrest memorial funeral home haughton la Annual net income divided by the rate of return will equal value. $1,050 a month x 12 = $12,600 / 0.12 rate of return = $105,000 value. An adult buyer who is illiterate signs a contract to purchase property from a seller. The buyer understands the nature of the contract because the terms were explained orally. how much does an msnbc contributor get paid 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. indiana state road 9 closure Chapter 14 BoB test - Contracts for the sale of Real Estate. Missouri Real Estate Practice Exam. Macro Graphs. chapter 12 quiz. CB #1 "The Real Estate Business" test. Chapter 15. Intro to Business Themes 5 & 6. Profits. Study with Quizlet and memorize flashcards containing terms like Which of the following professionals involved in the real ...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 off beat cinema 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. dispensary near planet hollywood 14. Lis pendes definition. A notice that is recorded in the county at the time a lawsuit is filed against real property to inform any interested party of the pending litigation that could affect the property. 15. All are necessary components of a real estate contract except... written signature and notary seal. 16.Test your knowledge of real estate terms and concepts with this set of 90 flashcards created by Logan_Cooper289. Learn the definitions, examples and applications of … gta 5 gas station locations Answer: 1, an attorney selling real estate in an estate. See more. Study with Quizlet and memorize flashcards containing terms like Unilateral Contract, Bilateral Contract, Client/Principal 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 ... motorcycle accident in albuquerque yesterday 1 acre = 43,560 square feet. example: 3 acres being sold for $1.10 a sq ft. 43,560 x 3 = 130,680. 130,680 x 1.10 = 143,748. Mineral, air and water rights. Liens. A charge against property that provides security for a debt or an obligation of the property owner. Examples: judgements (sued), unpaid real estate taxes.640 acres. The E 1/2 of the E 1/2 of the E 1/2 of the SW 1/4 of the SW 1/4 of Section 32, T2N, R3E would contain how many acres? 5. A farm, described as the "NW 1/4 of the SE 1/4 of Section 10, Township 4N, Range 4 W of the Gila and Salt River Base and Meridian" sold for $500 per acre.1200 Commerce Street. The required entrance sign for a real estate office must include the broker's name, the trade name, if any, and the term "Broker" all in letters no less than one inch in height. The address is not a requirement for the entrance sign. 174-1-13 Office Signs. el dorado furniture cutler bay reviews She must complete 60 hours of Alabama pre-licensing education. She must deactivate her current real estate license. She must pass the licensing exam with a minimum score of 80%. She must provide her licensing history to the commission within 120 days before the commission issues the license.Study with Quizlet and memorize flashcards containing terms like A) Notify the salesperson in writing of the termination and immediately return the salesperson's license to the Texas Real Estate Commission., D) It is illegal for a broker to rebate a portion of the commission to a principal to a transaction., A) 90 days. and more. discover goodwill letter Mary abandoned her property by failing to pay its property taxes and the property reverted to the state. This is an example of. A rule of thumb is that office buildings require 1 parking space for every ____ SF of rentable space. The risk of committing an unauthorized practice of law can be practically reduced by. menards dc iron ridge wi Study with Quizlet and memorize flashcards containing terms like 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: a) encroachments b) improvements c) surface rights d) emblements, A property owner has a waterfront lot on a stream. He has the right to use the water from the ...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. henry ford grosse pointe ophthalmology a) real property includes ownership of a bundle of rights. 4. An applicant for a salesperson license must. c) have a finger printing and background check prior to receiving a license. 5. TRELA makes provisions for. c) a prerequisite of a minimum of 15 classroom hours counted toward license renewal every two years. 6.A broker's fiduciary duty to a client includes all EXCEPT: a. sell his property. b. care and diligence. c. loyalty. d. confidentiality. Click the card to flip 👆. 74. A The six components of a broker's fiduciary duty are loyalty, obedience, disclosure, confidentiality, reasonable care and diligence and accountability.