Myfailedrealestateexam

Question Your Response Status 1. What is depressed create syndrome? b) A take of chemical pollutants. Correct 2. A county or municipal authority commonly grants a certificate of military control for new construction solely after what happens? c) The construction complies with building codes. Correct 3. Lets non do business with AVC veritable Estate Company; they get out away their commissions is an example of what? a) worth fixing. INCORRECT 4. Eric is acting as a expose dual agentive role in a transaction. Which debate is confessedly? c) Eric may non represent the sellers interests to the outrage of the vendee. Correct 5. What is the only factual property interest that shareholders subscribe to in a conjunct? d) Fee simple defeasible. INCORRECT 6. Which of the adjacent is a prohibited application for an unlicensed assistant? d) video display alkalis, apartments or other unfeigned property. Correct 7. Sal, a bachelor, bought a home for $150,000. He made $150,000 of improvements. He sold the home for $750,000 and paying(a) $50,000 in selling spendings, including the agents commission. after(prenominal) his $250,000 exclusion, on what amount go forth he pay dandy gains tax? d) $400,000 INCORRECT 8. What is the class vitality for nonresidential buildings purchased after may 12, 1993? c) 27.5 years INCORRECT 9.

Greg and Joyce have an adaptable aim mortgage on their home. What is the key feature of this causa of loan? c) The interest commit heap vary. Correct 10. Which term outmatch describes the relationship of a cooperating broker to the listing brokers seller? c) Subagent. Correct 11. Which of the following would not be an advantage of buyer brokerage house? b) A buyer agent can negotiate on behalf of the sellers without violating his or her fiduciary duties to the buyer. Correct 12. How does a prorated expense appear on the solution statement? d) A debit entry to one companionship and a credit to the other. Correct 13. How is a formulaic life demesne created? b) A fee simple owner grants the life realm to a life...If you want to get a full essay, golf-club it on our website: Orderessay

If you want to get a full information about our service, visit our page: How it works.