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D. The selling agent must provide the disclosure to the buyer as soon as practicable prior to the execution of the buyers offer to purchase. 8 of 50 Buyer Kirk submits an offer to seller Larry. A religious organization providing housing to members only, C. The sale of a single-family home by an owner who owns five residences, D. Rental of a unit in an owner-occupied four-family flat. Mary makes an offer to purchase a duplex from Sam. The property is in an area that could flood. chris kelly rock 92 net worth. 10 of 50 There has been very little interest in the Bowers home this past week. Access to over 100 million course-specific study resources, 24/7 help from Expert Tutors on 140+ subjects, Full access to over 1 million Textbook Solutions. B. 3- In what three ways can an assistant aid an agent with appointments? B. When you meet with your sellers after you obtain the listing, what is one of the first things you should share with them to get them involved in the process? Which is true? At the time the agent presents an offer. C. How much time the licensees must spend in the office. C. It keeps your name in front of potential buyers and sellers. 8- Why should agent Grace give her client a Combined Hazards Book? Possession date. D. Have the prospects sign the disclosure about agency relationship. 4 of 10 Which is true of an exclusive-authorization-to-acquire-property agreement? 2. The escrow holder will use the purchase agreement as the basis for writing the escrow instructions. What approach can Greg use to discourage the person from calling other agents? D. Recommend that the seller delay response to make the buyer nervous and then submit a counteroffer. Randy gives Tom an earnest money check for $1,000 and asks Tom to hold it until June 30, regardless of the date the seller accepts the offer. B. 62- When agent Hal shows a home he should never: A. D. Will conducted an agent open house last week that was attended by 25 agents. 1 of 10 All of the following are good approaches for handling objections except which? The homebuyer, on the other hand, is hoping the transaction will close because the home is in A-1 condition and perfect. lumberton man killed; guggenheim annuity rates. How should Jan's licensee handle the offer? Buyer Randy makes an offer to purchase one of Broker Tom's listings on June 15. 2 of 10 Which of these is not a good technique to get the name of a caller who is reluctant to give you that information? B. At time of license renewal, what is the renewal charge for a salespersons license? At the end of the term, the loan balance will be negative. 9 of 10 Which of these is not a helpful homeowner tip? There are several successful agents at Johns office. \text { Annual warranty cost } & 1,546,000 \\ Brenda refuses. 7 of 10 Which of the following is a possible benefit of investing in real property? Which of the these activities does she have control over? A. 3- What is a good approach to use when contacting the owner of an expired listing? C. Make up some statistics to share with the Bowers. 3- Differentiate between mortgage brokers and mortgage bankers. 9 of 11 Lenders can charge all of the following except which fee when a borrower gets a loan? What California Fair Housing law has the manager violated? Study the other terms of the offer so that you can maximize the offers benefits and minimize the lower price. 3- What are the three general responsibilities of a property manager? She would likely be required to do which of the following? B. 8 of 10 Which statement is true about a real estate assistant? The lender gives a mortgage to the borrower and gets funds in exchange. Mary wants to make an offer on a house that is 25% lower than the asking price. B. Newsletters can be a very effective advertising forum for niche marketers. Plastic dishes last a long time because they are unbreakable. 9- What required disclosure is a result of Megans Law? C. Real Estate Settlement and Procedures Act. What kind of listing agreement does Alice have with Jack? B. C. Accept commissions from referral agents. She should advise them to let the offer expire with no action so the buyers will get nervous. California: Real Estate Practice Ch12 Quiz with no answers. 99- All exclusive listing agreements must have, C. A list of personal property included in the sale. 2 of 10 Which lender typically deals in interim financing? buyer randy makes an offer to purchase. B. They were counting on a full-price offer and are very disappointed. A. 6- According to California real estate law, how often must a broker balance his or her trust accounts? She tells them they would not be comfortable in this home and she shows them a list of homes in other neighborhoods she thinks would be more appropriate. 6- What is the ultimate result of using the Closing Disclosure form? Give $250 to the buyer and $250 to the seller. 8 of 10 Which of the following circumstances would concern you about working for Broker John? Better yet, try to avoid deal breakers. He succeeds in setting up an appointment to meet with the caller. Which of these actions might have caused their upset? 3 of 10 What kind of ad usually combines both institutional and product advertising? 2- What exception exists to the duty of obedience when working with a client? A. 1 of 10 Which of these statements is not true? A broker cannot use the word escrow in a fictitious name. 1 of 10 When you receive an offer on a listing for less than asking price, you should not: A. 9 of 10 A shopping center would be primarily categorized as what type of property? B. Her property taxes would be assessed at: 79- Tom and Mary want to purchase their first home. Buyer Norm just signed a purchase contract with licensee Pat. Rule F-1. 1- The amount that a seller takes away from a sale is termed: A) Net sale price B) Seller's proceeds C) Gross sales price D) Profit margin 2- Which of the following best describes prospecting? 5- What should a good management contract contain? C. A seller can sell his or own home and owe home and owe no commission if he or she signs an exclusive agency listing. 8. The loan value is based on the appraised value, not the sale price. A buyer applies for a loan that is neither insured nor guaranteed by a government agency. 5- What actions can the sellers take regarding the purchase offer? 4- Why is coordinating escrow so important and how can an assistant help? Underline the correct pronoun in parentheses in the following sentence. D. Ken and Sarah both must be at the office from 9 a.m. to 5 p.m. 35- Who benefits from Private Mortgage Insurance? 2- What types of office administration tasks are important for a licensed assistant to perform? D. The UCC is a body of law that standardizes a number of business practices. Skip the activity report for that week. What will the new owners pay in property taxes? B. What should Jake do? D. Once the offer or counteroffer is accepted and the offeror has been notified, a legal contract is formed. 2- What is important to remember about multiple offers? A. D. Offer something valuable to the reader. 3 of 10 How long must trust account records be kept? 4 of 10 What is a good method for an assistant to keep track of the various types of files a real estate broker must have? If checked, the seller can complete repairs after closing. The purchase price, plus depreciation, B. 7- What happens if the parties do not initial the section of dispute resolution that deals with binding arbitration? A. buyer randy makes an offer to purchase. It helps to identify buyer and seller needs. If the lot measures 100' x 200', which is the total allowable square footage of a single story building? How long must a broker be licensed in order to apply for a temporary broker's license? C. Consider child support payments in the decision. What are members of NAR required to do? Bob writes the offer but is too embarrassed to submit it. "Let's make a low ball offer?" A. He says to them, Would you prefer to take possession on September 1 or October 1? What kind of closing technique is Harry using? If something truly is a deal breaker and a line in the sand for you, that is fine, but stick to it. Which of the following statements is true? Jim has decided to specialize in what area of real estate? D. Give the sellers the price over the phone so that they can think about it before you meet with them. A. Generates leads for new listings. Hometown received $2400.00 in referrals. California: Real Estate Practice Chapter 16 Quiz with no answers, 1 of 10 According to FIRPTA, what percent would a buyer who is buying the property as a personal residence need to withhold when purchasing a $200,000 home from a foreigner?. What kind of closing technique is Jim using? Gives the names of lawyers who might require property assistance. Which statement is true? D. The monthly payments increase overtime. 2 of 10 How long must buyers and brokers keep the documentation on a foreign sale? Tell the buyer to submit the offer first and then take a copy to the attorney to review. How does ALTA-R differ from ALTA? Present the offer and tell the seller that the check needs to be held until June 30. 3- What signals do buyers use to indicate they may be willing to make a purchase? 8 of 12 Fannie Mae does all of the following activities except which? 3. The broker will owe fiduciary responsibilities to the seller as well as the buyer. Buyers looking at FSBO homes are usually looking for a bargain. She put 20% down and got a mortgage for the remainder. The broker will not provide any. D. Their loan payments will gradually increase. 37- When dealing with the sale of a business, which is not a true statement? It is completed by an interested Buyer then presented to the Seller, stating the basic terms under which the Buyer is willing to purchase the property. A. 5- If lenders intend to sell mortgages in the secondary market, what must they do? A counteroffer represents a rejection of an offer. B. A. D. The appraised value prior to sale To insure loans made by approved lenders, D. To sell loans to other secondary mortgage marketers. B. Sunday afternoon, Mary is driving around and finds a property she likes better. B. Brenda has violated the fiduciary duty of obedience to Jim. Other than residential list three kinds of property in the real estate market. CSP-Conlutas Central Sindical e Popular . Five current listings three recently sold and two expired, C. A minimum of three properties in the recently sold category. Supervises the Truth in Lending Act. 11- What is a public report and when must it be provided? Later that day, Kirk finds a home he likes better; so he withdraws his offer to Larry. 3- When preparing a competitive market analysis, what categories of homes should an agent research? Executor Fred calls Agent Tom to list a vacant tract of land, instructing him to list the land for $700,000. What must Tim do? C. A counteroffer can give the buyers an out if they want one. A net listing is illegal in all states. Secure documents that are public information from the courthouse and other sources available to the public. the buyer is not allowed to make a counteroffer. What kinds of things should you include in a weekly activity report? Randy gives Tom an earnest money check for $1,000 and asks Tom to hold it until June 30, regardless of the date the seller accepts the offer. 1- What are the five aspects that are involved in any selling approach? What kind of closing technique is Jim using? Code Violations and Tax Delinquencies. Auteur/autrice de la publication : Post published: 16 juin 2022 Post category: aerogarden pump settings for herbs aerogarden pump settings for herbs A. 25- According to the law governing mortgage loan brokers, what is the maximum commission Broker Claire can charge for securing a $50,000 first mortgage for a period of 2 years?

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buyer randy makes an offer to purchase