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A specific tract of land is known as a:
Jim's mechanic's lien will remain against the property for at least:
It is essential that every deed be signed by the:
grantor and grantee
If you are a salesperson working with a buyer, then the buyer is your client:
if you are servicing the buyer
if you have an agency contract with the buyer
if the buyer has shared financial information with you
none of the above
Rosita buys a summer cottage that has a mechanic's lien against it placed by the workman, who was not paid by the former owner Jim, for constructing a dock. The lien now:
is Jim's responsibility only
remains as a claim against the property
is considered satisfied
A home was purchased in 2005 for $425,000. It was sold recently for $478,000. What is the rate of return on profit for this house?
A house sells for $195,000. The total commission rate is 6%, of which the listing office receives 2.5% and the selling office 3.5%. Susan, the selling agent, receives 60% split of the commission. How much will she earn as commission dollars?
Which of the following contains a list of all real property in the jurisdiction with annual information including its assessed value?
equalization rate list
in rem document
The assignment of costs between the buyer and the seller at the closing is called:
Real Estate Settlement and Procedures
Which of the following best describes this statement: With Real Estate Prep Guide, I will definitely pass my exam! Note: There may be more than one correct answer.
100% factually correct
The #1 reason I should sign up now!
A guarantee that I will pass or get my money back!
The last step I need to take before I can start making money!
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