Mortgage brokerages Study guides, Class notes & Summaries
Looking for the best study guides, study notes and summaries about Mortgage brokerages? On this page you'll find 141 study documents about Mortgage brokerages.
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Colibri Real Estate Final Exam with Complete Solutions
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Colibri Real Estate Final Exam with 
 
Complete Solutions 
 
land contract buyer pays seller to occupy and use property 
 
net lease buyer pays rent and other expenses 
 
gross lease buyer pays only rent 
 
goes to heirs Tenants in common, 2 of 3 people die. Who gets the property of those who 
died? 
 
Tenant owns it in severality Joint Tenancy, 3 of 4 people die. Who gets property of those 
who died? 
 
Client Another word for principal 
 
race, nat. origin, sex, color, religion, disability, fa...
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RECA Exam Study Guide Questions and Answers Rated A+
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RECA Exam Study Guide Questions and 
 
Answers Rated A+ 
 
Carl, a real estate professional, is registered with Prime Plus Real Estate Ltd. He has listed his 
brother's house for sale with the brokerage. A real estate professional with another brokerage 
contacts Carl and asks to preview the property as she has a potential buyer. What level of 
disclosure must Carl provide? Disclosure level 1 
 
When evaluating an ethical dilemma, the first step is awareness. An individual may become 
aware of ...
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Humber Real Estate Course 1: Modules 1-3 Questions and Answers
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Real Estate and Business Brokers Act (REBBA) - Answer-- regulates real estate trading 
- Ministry of Government & Consumer Services is responsible for it 
- RECO enforces it 
- provides a framework for the regulation of the profession to protect consumers & ensure integrity of 
interactions is upheld 
REBBA Code of Ethics - Answer-- objective is to protect sellers & buyers by outlining standards to be 
upheld during all real estate activities 
- Fairness & Honesty 
- Conscientious & Competent Se...
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unit 1 quiz(RECA)fully solved to pass 2023/2024
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unit 1 quiz(RECA)fully solved to pass 2023Which of the following represents an accountability mechanism that RECA must comply with under the Act? 
 
A) RECA must prepare for the Minister of Service Alberta an annual report for the previous year end 
B) RECA must prepare for the Minister of Service Alberta an annual consumer report on the investigations conducted 
C) RECA must prepare for the Minister of Service Alberta a market report on the industries it regulates 
D) RECA must prepare for the ...
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SC REAL ESTATE REVIEW QUESTIONS AND ANSWERS, GRADED A+/ VERIF| LATEST EXAM UPDATES| 2024/25 |IED/
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SC REAL ESTATE REVIEW QUESTIONS AND ANSWERS, 
GRADED A+/ VERIFIED/ 
The ___ establishes an agency relationship between the prop owner as principal and the brokerage as 
agent - -listing agreement 
the LA does which of the following - -creates an agency relationship between the listing brokerage 
and the property owner 
a brokerage agreement whereby the property owner hires 1+ brokerages, agrees to compensate only 1 
brokerage who produces a buyer, and reserves the right to sell by himself and...
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Mortgage Agent FinalMortgage Agent Fina Exam Sample Questions With Correct Answers (100% Correct 2023/2024)
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Mortgage Agent Final Exam Sample Questions With Correct Answers (100% Correct 2023/2024). Home Buyer's Program (HBP) - ANSWER The Canada Revenue Agency (CRA) has 
a program entitled the Home Buyer's Program (HBP) that allows a first time buyer 
to use up to $25,000 of their RRSPs as a down payment without paying tax on the 
withdrawal. The amount removed must be repaid within 15 years. CRA defines a 
first time buyer as an individual or the individual's spouse, or common-law 
partner who has ...
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Real Estate Exam Illinois questions and Answers 100% Verified Graded A 2024-2025
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implied agency - legal finding that your behavior implied a legal relationship (intent) 
 
express agency - no ambiguity in behavior. explicitly define legal relationship 
 
real estate - = land + improvements (any addition to land, regardless of aesthetics) 
 
real property - = interest benefits and rights that go with land real estate (belongs to deed holder) 
 
appurtenance - - anything associated with a property, including rights and improvements 
 
property rights - DEEPC: Disposition, Enjo...
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Real Estate Brokerage SAE - Champion's School of Real Estate 291 Questions with Verified Answers,100% CORRECT
- Exam (elaborations) • 37 pages • 2023
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Real Estate Brokerage SAE - Champion's School of Real Estate 291 Questions with Verified Answers 
 
Search Engine Optimization (SEO) - CORRECT ANSWER The process of maximizing the number of visitors to a particular website by ensuring the website appears high on the list of results returned by a search engine. 
 
Fcebook Live - CORRECT ANSWER Video streaming through facebook. 
 
CoStar Database - CORRECT ANSWER Functions much like a residential MLS, connecting commercial agents with brokerages,...
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Virginia Final Exam Questions with Correct Answers 2024
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Virginia Final Exam Questions with Correct 
Answers 2024 
A void contract is one that is 
A. not in writing. 
B. voidable by only one of the parties. 
C. rescindable by agreement. 
D. not legally enforceable. - answerD. not legally enforceable. In order to be enforceable, 
real estate contracts must meet the legal requirements for contracts in general. For example, a 
contract signed by a minor or a "seller" who doesn't own the property in question was never 
legal to begin with and is thus ...
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RECA Fundamentals of Mortgage Brokerage 2023 Exam
- Exam (elaborations) • 41 pages • 2023
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Which of the following is part of RECA's commitment to consumer protection? - Answer- 
 
What are some benefits that mortgage brokerage trade associations offer their members? - Answer- Licensing Standards for mortgage industry members 
 
Which entity has the authority to amend the Act? - Answer- Provincial Legislators 
 
Which of the following represents an accountability mechanism that RECA must comply with under the Act? - Answer- Previous Fiscal year 
 
In addition to mortgage brokerage tr...
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