Real estate u final exam Study guides, Class notes & Summaries

Article 12-A of the NYS Real Property Law - Answer- The section of the New York Real Property Law pertaining to real estate salespersons and brokers. - Primary purpose is to "Protect the Public" - Requires a salesperson to be at least 18 years of age - Requires a broker to be at least 20 years of age Sponsor broker - Answer- A licensed real estate broker that holds the license of a salesperson "Summary of Your Submission" - Answer- Obtained after your register for the New York Sta...

Real Estate U Final Exam Questions with verified Answers 1. Article 12-A of the NYS Real Property Law- Answer-- The section of the New York Real Property Law pertaining to real estate salespersons and brokers. - Primary purpose is to "Protect the Public" - Requires a salesperson to be at least 18 years of age - Requires a broker to be at least 20 years of age 2. Sponsor- Answer-- A licensed real estate broker that holds the license of a salesperson. 3. "Summary of Your Submission"- ...

Florida Real Estate U Final Exam Questions And Revised Correct Answers An appraisal can be completed by which of the following? A home inspector A real estate broker A licensed appraiser using USPAP standards A mortgage loan originator A licensed appraiser using USPAP standards What is a BPO? Broker Price Opinion Best Practice Organization Best Prospective Offer Beyond Present Opportunities Broker Price Opinion Which of the following is incorrect? Farming methods include Direct ...

Real Estate U Final Exam - Questions & Answers

Real Estate U Final Exam Questions and Answers 2023/2024 Latest Update. Article 12-A of the NYS Real Property Law - The section of the New York Real Property Law pertaining to real estate salespersons and brokers. - Primary purpose is to "Protect the Public" - Requires a salesperson to be at least 18 years of age - Requires a broker to be at least 20 years of age Sponsor - A licensed real estate broker that holds the license of a salesperson. "Summary of Your Submission" - Obtained aft...

Florida Real Estate U Final Exam Questions And Revised Correct Answers What is BPO - ANSWER : A broker's price opinion is the process used by a hired sales agent to determine the potential selling price or estimated value of a real estate property. What are some consideration in determining investment value? - ANSWER : 1-interior considerations 2-building operating expenses 3-exterior considerations What is not a consideration when determining investment value? - ANSWER : marke...

NEW FLORIDA REAL ESTATE U FINAL EXAM LATEST 2024 ACTUAL EXAM 200 QUESTIONS AND CORRECT DETAILED ANSWERS (VERIFIED ANSWERS) |ALREADY GRADED A+

The Department of State's ability to enforce license laws through reprimand and denial as well as the suspension and revocation of licenses is known as...? - Administrative Discipline To mingle or mix funds is known as what...? - Commingling Chris is a real estate broker involved in a residential transaction. When Chris illegally places his client's funds into his personal account, what is he engaged in...? - Commingling of Funds The post-license education required by salespersons and bro...

The Department of State's ability to enforce license laws through reprimand and denial as well as the suspension and revocation of licenses is known as...? - correct answer Administrative Discipline To mingle or mix funds is known as what...? - correct answer Commingling Chris is a real estate broker involved in a residential transaction. When Chris illegally places his client's funds into his personal account, what is he engaged in...? - correct answer Commingling of Funds The ...

An appraisal can be completed by which of the following? A home inspector A real estate broker A licensed appraiser using USPAP standards A mortgage loan originator - correct answer A licensed appraiser using USPAP standards What is a BPO? Broker Price Opinion Best Practice Organization Best Prospective Offer Beyond Present Opportunities - correct answer Broker Price Opinion Which of the following is incorrect? Farming methods include Direct Mail and Just Listed Post Car...