Leaseholds Study guides, Class notes & Summaries

Charles Barnes Real Estate Questions and Answers Already Passed How does the Code define Real Estate??? Any interest or estate in real property, within or without the State of Oklahoma, whether vested, continent or future, corporeal or incorporeal, freehold or nonfreehold, and including leaseholds, options and unit ownership estates to include condominiums, time-shared ownerships and cooperatives; provided, however, that the term "real estate" show not include oil, gas or other miner...

Appraisers - correct answerMust be licensed or certified to engage in activities for any federal related transactions or in conjunction with any real estate mortgage loans in many commercial finance packages Home inspectors - correct answerNot currently regulated in Ohio;however legislation has been proposed to regulate and to require a license Property management - correct answerA license activity in Ohio Real estate brokers and agents, licensed or certified appraisers and other profes...

Mississippi State Agency which was created by 73-35-5 to regulate the licensing of real estate brokers and salespersons, which it's duties and authorities are included in the law. - ANSWER Mississippi Real Estate Commission MREC Any leasehold, interest, or estate in land, including timeshares and condominiums, whether corporal or incorporal, freehold or non-freehold, located in MS or elsewhere. Does NOT include: oil, gas, minerals, leases, leaseholds, estates, or interest of any nature. - AN...

Ky Board Of Auctioneer Test Exam With 100% Correct Answers Absolute Auction - answerAfter the auctioneer calls for bids on an article or lot, that article or lot cannot be withdrawn unless no bid is made within a reasonable time Auction with reserve - answerwhen auctioneer may withdraw the property at any time until he or she announces the completion of the sale. The potential bidders are the offerors Auction with reserve and the sellers reserving the right to bid - answerThe auctioneer m...

Required to be licensed - correct answerSalesperson or Licensee Broker Appraiser Property Manager Home Inspectors are not regulated in Ohio Education - correct answerOhio mandates continuing professional education OAR - correct answerMembers of the Ohio Association of Realtors and affiliated local boards/associations that subscribe to a code of ethics and are entitled to be known as Realtorsq Types of Real Property - correct answer1. Residential 2. Commercial 3. Mixed-use - comm...

Ky Board of Auctioneer Test Questions With Answers Absolute Auction - ANS After the auctioneer calls for bids on an article or lot, that article or lot cannot be withdrawn unless no bid is made within a reasonable time Auction with reserve - ANS when the auctioneer may withdraw the property at any time until he or she announces the completion of the sale. The potential bidders are the offerors Auction with reserve and the sellers reserving the right to bid - ANS The auctio...

Chapter 339 of the MO Statutes is: Code of Ethics License Law MLS Rules For commercial agents only correct answers b Susie is employed by broker Joe to show rental properties that he manages. She shows rental units, collects security deposit checks made payable to the owner, and delivers leases. Based on these actions, Susie: Must be a real estate licensee Is violating MREC rules Is creating a criminal offense Is not required to be a MO Real estate licensee correct answers d Th...

What is a Real Estate Broker - ANSWER Includes all persons, partnerships, associations and corporations (Foreign or domestic) who List, sell, purchase, exchange, rent, lease, manage, auction, or negotiate real estate for a free commission Additional Terms for a Real estate Broker - ANSWER -Any Person advertising themselves as engaged in the activity of real estate -Any person assisting in procuring prospective individual for real estate transactions -Any person, partnership, association or...

Mississippi Real Estate Commission - Answer MREC 73-35-5 - Answer the Mississippi state agency which was created by ____________ to regulate the licensing of real estate brokers and salespersons, with its duties and authorities included in the law. Mississippi Real Estate Commission (MREC) - Answer the Mississippi state agency which was created by 73-35-5 to regulate the licensing of real estate brokers and salespersons, with its duties and authorities included in the law. Real es...

To become a designated agent, one must be A) appointed as such by the managing broker. B) a dual agent. C) at least 21 years old and licensed. D) a member of the National Association of REALTORS®. A An affiliate broker wishes to retire her license. Prior to that action, she must A) turn the license backwards on the office wall. B) pay the commission a $100 application fee. C) complete required education. D) renew her errors and omissions insurance. C Because ...