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Superior School of Real Estate Bundled Exams Questions and Answers | 100% Verified and Updated 2024 | Graded to Pass!! $55.49   In winkelwagen

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Superior School of Real Estate Bundled Exams Questions and Answers | 100% Verified and Updated 2024 | Graded to Pass!!

Superior School of Real Estate Bundled Exams Questions and Answers | 100% Verified and Updated 2024 | Graded to Pass!!

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Superior School of Real Estate Exam

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Superior School of Real Estate Exam appurtenance -Answer-Any right or privilege that is considered to run with the land bill of sale -Answer- chattel -Answer-Personal Property deed -Answer- hereditaments -Answer-Any rights capable of being inherited highest and best use -Answer-use that will p...

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Superior school of real estate exam with correct answers

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Superior school of real estate exam with correct answers Which of the following activities is prohibited under the federal Sherman antitrust law? - Answer-Market allocation Funds for dept of veteran affair are most likely to be provided by? -Answer-Approved lenders If all the deeds a buyer can ...

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Superior School Real Estate Chap 11 Exam 2024 Questions and Answers

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Superior School Real Estate Chap 11 Exam 2024 Questions and Answers Substitution of Entitlement -Answer-The process by which one veteran pledges entitlement for a VA loan he or she is assuming in order to free up the entitlement of the original veteran/borrower Conforming Loans -Answer-Those pro...

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Superior School Real Estate - Chapter 1 Exam Questions and Answers

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Superior School Real Estate - Chapter 1 Exam Questions and Answers Real Property includes... -Answer-The earth's surface downward to the center and upward to infinity Real Estate includes... -Answer-Improvements, buildings, fences, and trees/plants attached What is evidenced by a deed? -Answer...

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Superior School of Real Estate - Chapter 3 Exam

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Superior School of Real Estate - Chapter 3 Exam NC GS 105 NC Machinery Act (Revenue Act) -Answer-State law sets forth the process Counties carry out the details Every 8 years by appraisals Every 4 years you can make horizontal adjustments by % Define Ad Valorem -Answer-According to value; the b...

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Superior School of Real Estate Exam Prep Questions and Answers

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Superior School of Real Estate Exam Prep Questions and Answers Provisional broker John works for Sandra, who is a BIC. Sandra has a listing that one of John's buyer clients wants to see. In regard to the agency relationship that will be formed with John's buyer client, what type of agency rela...

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Superior School of Real Estate Practice Final Exam Questions and Answers

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Superior School of Real Estate Practice Final Exam Questions and Answers Who creates FEMA maps? -Answer-Army Corps of Engineers. (Borrowers who obtain a federally related mortgage must obtain a flood certification. If the certification shows that the property is located in a flood zone, then flo...

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Superior School of Real Estate Vocab Exam 2024

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Superior School of Real Estate Vocab Exam 2024 Bill of Sale -Answer-Title of personal property is transferred from one entity (i.e. person) to another by use of a document called... Chapter 1 Chattle -Answer-Another word for personal property. Not used to describe personal property in NC; Natio...

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Superior School of Real Estate Exam

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Superior School of Real Estate Exam What are the two classes of property? -Answer-Real property and personal property What is the land and everything permanently attached to it called? -Answer-Real property What type of property is referred to as everything else? -Answer-Personal property Is the...

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Superior School of Real Estate - Chapter 2 Exam Questions and Answers

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Superior School of Real Estate - Chapter 2 Exam Questions and Answers What are the Bundle of Rights? -Answer-Timber Rights, Right to Build Homes, Mineral Rights, Access Rights, and Rights to Sell The Bundle of Rights acronym DEEPC -Answer-Disposition, Enjoyment, Exclusion, Possession, and Contr...

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Superior School of Real Estate Exam Problem Areas Questions and Answers

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Superior School of Real Estate Exam Problem Areas Questions and Answers tenements -Answer-all of the rights and interests that go with the land hereditaments -Answer-land and all of the tenements that can be inherited appurtenance -Answer-a right interest of privilege that goes with the land (it...

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Superior School of Real Estate (NC Real Estate Prelicensing) Exam Questions and Answers

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Superior School of Real Estate (NC Real Estate Prelicensing) Exam Questions and Answers Bundle of Rights -Answer-Right to possession of the property: the right of quiet enjoyment of the property; the right to exclude others; the right to dispose of the property by gift, by sale, or by will; and ...

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Superior Real Estate School Exam with correct Answers

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Superior Real Estate School Exam with correct Answers All of the following are physical characteristics of land except: A. Indestructibility B. Uniqueness C. Immobility D. Scarcity -Answer-D. Scarcity Under the doctrine of specific performance, the party harmed by breach of a real estate contr...

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Superior Real Estate Chapter 7 Exam 2024 Questions and Answers (Graded A)

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Superior Real Estate Chapter 7 Exam 2024 Questions and Answers (Graded A) Agency -Answer-A relationship that exists in which one person is empowered to act on behalf of another; SIMPLY STATED: ACTING ON BEHALF OF ANOTHER Common Law of Agency -Answer-NCREC requires all agency agreements to be IN...

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Superior Final Exam Questions and Answers

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Superior Final Exam Questions and Answers All of the following factors would affect supply, EXCEPT: -Answer-population When the supply of a commodity decreases: -Answer-prices tend to rise All of the following are physical characteristics of land, EXCEPT: -Answer-scarcity All of the following ar...

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Superior Real Estate School 1-10 Review Terms Exam 2024

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Superior Real Estate School 1-10 Review Terms Exam 2024 18 months to complete -Answer-3 30 hour post licensing courses Failure to pay renewal fee by ____ will result in a _____ status failure to complete CE by_____ means your license will____ on ____ -Answer--pAy = Expire June 10th cutoff for c...

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Superior Real Estate Highlighted Points in Class Exam Questions And Answers

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Superior Real Estate Highlighted Points in Class Exam Questions And Answers Alienation means what referring to a title -Answer-Transfer or means -Answer-Gives ee means -Answer-Receives SC ______ theory state -Answer-Lien Mortgagor. ....... Buyer Mortgagee.........Bank Petition the court to f...

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Superior NC Real Estate Important Final Exam Questions and Answers

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Superior NC Real Estate Important Final Exam Questions and Answers RESPA -Answer--Real Estate Settlement Procedures Act: applies ONLY to 1-4 family residential transactions, transactions involving a "federally related" mortgage (conventional, FHA, VA) Which party's signature is required on a...

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Superior NC License Law #1 Exam with correct Answers

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Superior NC License Law #1 Exam with correct Answers What is the first point at which a provisional broker may begin practicing real estate in North Carolina? -Answer-when the NCREC receives notification of the provisional broker's activation with a BIC an unlicensed assistant may do all of the...

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Superior 303 NC Law and Rules Exam Questions and Answers

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Superior 303 NC Law and Rules Exam Questions and Answers sole proprietor -Answer-Full broker not affiliated with another firm Can not Advertise Can not hire other licensees Can not hold a trust account Would have to become a BIC in order to 'do it all' How long is BIC eligible status valid ...

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Superior Engrade Chapter 11 A Exam Questions with Verified Answers

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Superior Engrade Chapter 11 A Exam Questions with Verified Answers A homebuyer recently financed his first home with a fixed rate conventional loan. The type of interest he will pay over the life of the loan is probably -Answer-Simple interest A building was sold for $115,000. Down payment was m...

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NC Superior Real Estate School - Chapter 15-16 Exam Questions and Answers

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NC Superior Real Estate School - Chapter 15-16 Exam Questions and Answers Chapter 15 Vocabulary: Real Estate (Property) Management - Note: This is Chapter 16 in the Adventure Guide -Answer-Chapter 15 Vocabulary: Real Estate Management - Note: This is Chapter 16 in the Adventure Guide Management...

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Real estate superior school Exam Questions and Answers

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Real estate superior school Exam Questions and Answers if you get compensation you need ______ -Answer-a license Forms of compensation -Answer-- gift card - money - free rent -ipad -concert tickets -etc. What are activies that require you to have a license -Answer-(LLBEANS) List Lease Buy...

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NORTH CAROLINA 75-HOUR BROKER PRE-LICENSING COURSE EXAM

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NORTH CAROLINA 75-HOUR BROKER PRE-LICENSING COURSE EXAM Deliver a termination notice to the seller -Answer-Under the terms of the North Carolina Offer to Purchase and Contract, Standard Form 2-T, if the buyer fails to _______ before the due diligence period expires, this indicates that the buyer...

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NC Superior Real Estate School - Chapter 5 Exam

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NC Superior Real Estate School - Chapter 5 Exam Chapter 5 Vocabulary: Land Use Controls -Answer-Chapter 5 Vocabulary: Land Use Controls Amendment -Answer-A change or modification of a zoning ordinance by the local legislative authority Building Codes -Answer-Public controls regulating conduction...

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Review quiz chapters 1-6 superior quiz online with complete solutions

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Review quiz chapters 1-6 superior quiz online with complete solutions Which type of estate cannot pass by inheritance? - fee simple estate - fee simple condition subsequent estate - conventional life estate - pur autre vie life estate -Answer-conventional life estate Which of the following li...

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Real Estate in NC Chapter #4 Exam Questions and Answers

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Real Estate in NC Chapter #4 Exam Questions and Answers Metes and bounds -Answer-A method of land description which involves identifying distances and directions and makes use of both the physical boundaries and measurements of the land. Starts with POB. POB -Answer-Point of begining. Rectangu...

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NC Superior Real Estate School - Chapter 14/15 Questions and Answers

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NC Superior Real Estate School - Chapter 14/15 Questions and Answers Chapter 14 Vocabulary: Relationship of Landlord and Tenant - Note: This is Chapter 15 in the Adventure Guide -Answer-Chapter 14 Vocabulary: Relationship of Landlord and Tenant - Note: This is Chapter 15 in the Adventure Guide ...

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NC Superior Real Estate School - Chapter 7 Exam with correct Answers

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NC Superior Real Estate School - Chapter 7 Exam with correct Answers Chapter 7 Vocabulary: Brokerage Relationships - Laws & Practices -Answer-Chapter 7 Vocabulary: Brokerage Relationships - Laws & Practices Agent -Answer-A person authorized by another to act on his or her behalf Subagents of a ...

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NC Superior Real Estate School - Chapter 1 Exam Questions and Answers

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NC Superior Real Estate School - Chapter 1 Exam Questions and Answers Chapter 1 Vocabulary: Basic Real Estate Concepts -Answer-Chapter 1 Vocabulary: Basic Real Estate Concepts Bill of Sale -Answer-Investment used to transfer the ownership of personal property to real property Chattel -Answer-A...

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NC Real Estate Principles and Practices Chapter 1 - Superior School Exam

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NC Real Estate Principles and Practices Chapter 1 - Superior School Exam Another name for Real Estate -Answer-Real Property or Realty Another name for Real Property -Answer-Realty or Real Estate Real Property -Answer-includes the land at above and below the earth's surface, including all thing...

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Chapter 7 - Pre-licensing Class- Superior Real Estate School Exam 2024

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Chapter 7 - Pre-licensing Class- Superior Real Estate School Exam 2024 The real estate broker's fiduciary responsibility to keep the principal informed of all facts, including property condition and issues that affect a seller's willingness to sell and a buyer's willingness to buy, is the dut...

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NC License Law Superior Quizzes 100% solved

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NC License Law Superior Quizzes 100% solved What is the first point at which a provisional broker may begin practicing real estate in North Carolina? -Answer-when the NCREC receives notification of the provisional broker's activation with a BIC An unlicensed assistant may do all of the followin...

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NC Superior Real Estate School - Chapter 2 Exam Questions and Answers

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NC Superior Real Estate School - Chapter 2 Exam Questions and Answers Chapter 2 Vocabulary: Property Ownership & Interests -Answer-Chapter 2 Vocabulary: Property Ownership & Interests Air rights -Answer-The right to use the open space above a property, usually allowing the surface to be used fo...

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NC Real Estate Exam Prep Superior School Ch.2 Questions and Answers

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NC Real Estate Exam Prep Superior School Ch.2 Questions and Answers The concept by which land would increase automatically along a river or stream is known as: A accretion B littoral rights C avulsion D reliction -Answer-A Accretion is the gradual buildup of land along a river a stream. It in...

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NC Superior Real Estate School - Chapter 1 Exam

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NC Superior Real Estate School - Chapter 1 Exam Chapter 1 Vocabulary: Basic Real Estate Concepts -Answer-Chapter 1 Vocabulary: Basic Real Estate Concepts Bill of Sale -Answer-Investment used to transfer the ownership of personal property to real property Chattel -Answer-Another name for persona...

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Critical HOT Topics for Real Estate Licensing Exam- Superior School of Real Estate

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Critical HOT Topics for Real Estate Licensing Exam- Superior School of Real Estate What is required to receive compensation? -Answer-A License Auctioneers need -Answer-both real estate license and auctioneer license Exemptions from Licensure -Answer-salaried employees, property managers, trustee...

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NC Real Estate Exam- Chapter 14 Real Estate Financing Principles

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NC Real Estate Exam- Chapter 14 Real Estate Financing Principles Federal Reserve System -Answer-Their role is to maintain sound credit conditions, help counteract inflationary and deflationary trends, and create a favorable economic climate. Primary Mortgage Market -Answer-the lenders that origi...

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Chapter 8 superior quiz with complete solutions

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Chapter 8 superior quiz with complete solutions A valid listing agreement may be terminated for any of the following reasons, EXCEPT: - sale of the property - expiration of the individual listing agent's license - agreement of the parties - destruction of the premises -Answer-expiration of the...

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NC real estate broker pre-licensing exam

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NC real estate broker pre-licensing exam Syndication -Answer-Two or more forms joining together as an entity to own real estate Estate in severalty -Answer-Ownership by one individual Concurrent ownership -Answer-Two or more persons share ownership with undivided interests Tenancy in common -Ans...

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N.C. Real estate pre-licensing exam with correct answers 100%

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N.C. Real estate pre-licensing exam with correct answers 100% Real property -Answer-Land & everything that is permanetly attached to the land & everything that is appurtenant to the land Personal property (personalty) -Answer-All propery that doesn't fit the definition of real property. CHATTL...

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