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For Additional Practice
Who is the salesperson employed by or associated with?
What job title will determine a property’s market value based on guidelines previously established?
In real estate what primary job does the developer tend to?
If an appraiser is the one who values the property, who finances so that licensee can buy the properties?
An express written contract wherein the client promises to pay the real estate broker a valuable consideration or agrees that the real estate broker may receive a valuable consideration from another in consideration of the broker’s producing a seller, buyer, tenant, or landlord ready, able, and willing to sell, buy, or rent the property or in consideration of the broker’s performing property management services or performing community association management services.
What is a person who acquires or attempts to acquire or succeed to an interest in land?
Those acts related to real estate brokerage activities, which a licensee or a licensee’s employee perform and which do not require discretion or the exercise of the licensee’s own judgment:
What is an Agency?
Community association manager:
What category does nonresidential properties fall into?
_____ a person who is licensed as a community association manager, salesperson, associate broker or broker.
Joe is interested in purchasing a home. Joe is considered a?
A licensed individual employed by or associated with the broker to perform real estate related services which include but not limited to buying, listing, leasing, and/or renting real property is a _______.
What are real estate related financial transactions?
Which of the following could be considered the principal in a real estate transaction?
Who is allowed to perform a formal estimate of a property’s market value?
A broker can be
What best describes a community’s ability to attract income and business?
Why does an appraiser asses the value of a property?
An average of what banks are paying on certificates of deposit is the purpose of
A mistakes appears in a sales contract, who is at fault?
Who makes the final decision on deciding a property’s listing price?
A characteristic that distinguishes personal property from real property is:
An item that was personal property but has been attached to and become part of the real property is known as:
The final decision on a property’s listing price should not be made by the:
The basic purpose of acknowledgement before a notary public is to ________ when a grantor signs a deed.
Economic base is:
Which of these professions are able to buy, sell or lease real property on behalf of others for a commission?
A real estate agent must pass an exam to be a
What are Ministerial Acts?