Contracts and closing Samenvattingen, Aantekeningen en Examens

Broker's Price Opinion (BPO) 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 Closing The completion of a real estate transaction in which the buyer receives ownership and the seller receives the contract amount Comparative Market Analysis (CMA) A report comparing the prices of sold homes that are similar to the subject property (called comparables), created by a license ho...

National Real Estate Exam: Pearson Vue, Top exam questions & Answers, rated A+ Maria acquires a property from her uncle Alfonso. When Maria dies, the estate will pass to Alfonso's other niece Serena. The type of estate that Maria has in the property is: A. conventional life estate B. legal life estate C. fee simple defeasible estate D. tenancy by the entireties - -conventional life estate One difference between a cooperative estate and a condominium estate is that: A. a condo owner...

NAPSRx® Final Exam Quiz Solution 2021-2022 Rated A+ 144 Correct Answers out of 160 [Answer-Key] [2022] (92% Result) Answer key for 16th Edition CNPR Pharmaceutical Sales Reps Exam Answer Marked in Green Color 1. How are drugs sorted into therapeutic groups and classes? A. first by the conditions that they are used to treat. and then by their mechanisms of action B. First by their mechanisms of action. and then by their therapeutic effects C. First by their side effects. and ...

NC POST LICENSING 303 AND 302 LATEST EXAM VERSION CONTRACTS AND CLOSING NEWEST 2024 ACTUAL EXAM QUESTIONS AND CORRECT DETAILED ANSWERS (VERIFIED ANSWERS) |ALREADY GRADED A

GRI - Contracts to Closing Questions and Answers 100% CorrectGRI - Contracts to Closing Questions and Answers 100% CorrectGRI - Contracts to Closing Questions and Answers 100% CorrectGRI - Contracts to Closing Questions and Answers 100% Correct TREC requires license holders to ABIDE by (TREC 535.16(c) - ANSWER-License holder is obligated to provide a broker price opinion or CMA when "negotiating a listing" or offering to purchase the property. TREC provides additional GUIDANCE in (TREC 535...

Texas Promulgated Contracts CHAMPIONS Exam Questions With Correct Answers (VERIFIED). The elements of a valid contract are, competent parties, consideration, legal subject matter, in writing, and . (a) Default (b) Mutual consent (c) Property condition (d) Recording B A(n) contract is defined as a contract that is binding on the parties, with one or more of the parties having contractual duties that have not yet been performed. (a) Executory (b) Executed (c) Bilateral (d) Void A I...

Texas Promulgated Contracts Champions Exam Questions With Answers | Latest Update (Graded 2023/2024). According to the TREC contract, accessories include: (a) Refrigerators (b) Stoves (c) Washing machines (d) Gas dryers A Exclusions to the sale must be removed (a) Prior to delivery of possession (b) At the convenience of the seller (c) When the offer becomes a binding contract (d) Two days prior to closing A The loan amount in Paragraph 3.B. of the sales contract includes: (a) The a...

Preventative Maintenance - ANSWER-goal is to maximize the lifetime and operational effectiveness of each system or piece of equipment National Fire Protection Agency - ANSWER-publishes fire and safety codes Homelike Environment - ANSWER-one that emphasis institutional character of the setting, to the extent possible, and allows residents to use personal belonging that support the home. It recognizes the individuality or autonomy of the resident through self expression Environment refers...

Title & Escrow - Answer-Escrow and title insurance typically go hand-in-hand together in real estate sales or financing types of transactions. Many times, a title insurance company will offer escrow services as well, or escrow can be offered by a separate company dedicated solely to escrow functions. Escrow is a designated and neutral third party firm that collects money and paperwork from all sides in the real estate transaction prior to making any necessary payoffs to the sellers and exist...

LAW OF CONTRACTS CHAMPIONS Real Actual Exam Questions And Revised Correct Answers Already Passed!! A contract in which only one party is obligated to perform is a________ contract. - ANSWER : unilateral For tax prorations: - ANSWER : If taxes are not paid at or prior to closing the buyer shall pay for the current year, If taxes for the current year vary from the amount prorated at closing, the parties shall adjust the prorations when tax statements for the current year are...