A business broker Study guides, Class notes & Summaries
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Texas Promulgated Contracts-CHAMPIONS Exam, Answered
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Texas Promulgated Contracts-CHAMPIONS Exam, Answered-The elements of a valid contract are, competent parties, consideration, legal subject matter, in writing, and ___________. 
 
(a) Default 
 
(b) Mutual consent 
 
(c) Property condition 
 
(d) Recording - B 
 
A(n) __________________ contract is defined as a contract that is binding on the parties, with one or more of the parties having contractual duties that have not yet been performed. 
 
(a) Executory 
 
(b) Executed 
 
(c) Bilatera...
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NY Life, Accident, and Health Insurance Agent/Broker Exam Series 17-55| 200 QUESTIONS| GRADED A
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Process 2103 (d-i) Correct Answer: 1. The Superintendent may issue a license to any person, firm or corporation who has complied with the requirements of the Insurance Code, authorizing the licensee to act as agent of any authorized insurer. Every individual applicant for a license under this section and every proposed sub-licensee must be 18 years of age or older at the time of issuance of such license. The person must submit to and pass a written examination required by the Superintendent. 
 ...
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45 Hour Post License Florida EXAM NEWEST 2024 ACTUAL EXAM QUESTIONS AND CORRECT DETAILED ANSWERS VERIFIED ANSWERS ALREADY GRADED A+
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45 Hour Post License Florida 
EXAM NEWEST 2024 ACTUAL 
EXAM QUESTIONS AND 
CORRECT DETAILED 
ANSWERS VERIFIED 
ANSWERS ALREADY GRADED 
A+ 
Farming - CORRECT ANSWER-Concentrating on one type of 
style of property or on one particular neighborhood 
A residential transaction os defined in F.S. 475 as the sale of 
any: - CORRECT ANSWER-- Duplex 
- improved residential property of four units or fewer, 
including condominium units 
-unimproved property intended for four units or fewer 
- agricultural ...
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Florida Real Estate U Final Exam Questions & Answers(RATED A)
- Exam (elaborations) • 39 pages • 2023
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An appraisal can be completed by which of the following? 
 
A home inspector 
A real estate broker 
A licensed appraiser using USPAP standards 
A mortgage loan originator - ANSWERA licensed appraiser using USPAP standards 
 
What is a BPO? 
 
Broker Price Opinion 
Best Practice Organization 
Best Prospective Offer 
Beyond Present Opportunities - ANSWERBroker Price Opinion 
 
Which of the following is incorrect? 
 
Farming methods include Direct Mail and Just Listed Post Cards. 
Farming only invo...
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Real Estate U Final Exam Questions And Answers 2023/2024
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Real Estate U Final Exam Questions And Answers 2023/2024 
Real Estate U Final Exam Questions And 
Answers 2023/2024 
Article 12 A 
NYS Real Estate Property Law (1) Protect the public (2) Salesperson at least 18 (3) 
broker at least 20 years . 
Sponsor 
Broker that holds salesperson license 
Summary of Submission 
Paper you get after registering for NYS test. Bring to tes with you 
Misedemanor 
Crime with no more than 1 year prison or $1,000 fine 
Listing Agreement 
Agreement between salesperso...
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Illinois Real Estate Broker PSI Practice Exam | Questions with 100% Correct Answers | Verified | Latest Update 2024
- Exam (elaborations) • 12 pages • 2024
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A licensee was showing property in an eight-unit complex to a prospective tenant using a motorized 
wheelchair. The tenant wanted to rent a unit, install grab bars in the bathroom, and lower all the door 
handles. The landlord... - Must allow the tenant to make the modifications at the tenants expense, 
but can require, by the terms of the lease, restoration of the property 
Which of the following is the best description of a fee simple estate? - The most complete ownership 
in property that one...
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Property & Casualty - Mike Russ Practice Test Questions With Complete Solutions
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Insurance broker means a person who, for compensation and on behalf of another person, transacts insurance other than life with, but not on behalf of, an insurer. 
True or False? correct answer: False - An insurance broker is a specialist in insurance and risk management. Brokers act on behalf of their clients and provide advice in the interests of their clients. 
 
Transacting insurance includes: 
A. Execution of a contract of insurance 
B. All of the choices 
C. Solicitation 
D. Negotiation c...
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WA Surplus Lines Broker Exam Correct Questions & Answers(GRADED A)
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When are you required to file premium tax return for the previous calendar year by? - ANSWERSMarch 1st 
 
What does statutory accounting mean? - ANSWERSRules state that certain assets are non-admitted (don't count) as you can't pay claims with them. 
 
Bonds rated ___________ and higher are considered investment grade. - ANSWERS1 & 2 
 
What does IBNR stand for? - ANSWERSIncurred but not reported 
 
True or false, individuals whose Surplus Line Brokers license was active and did not have an ac...
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DC STATE PORTION EXAM REVIEW QUESTIONS AND ANSWERS, 100% ACCURATE. QUESTIONS BANK/ | latest update 2024/25|
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DC STATE PORTION EXAM REVIEW QUESTIONS AND ANSWERS, 
100% ACCURATE. QUESTIONS BANK 
Who appoints members of the DC Real Estate Commission? 
The commission executive director 
The DC Council chairperson 
The mayor 
The outgoing commissioners - -The mayor 
Jersey, a real estate licensee who lives in DC, inherited a 5% interest in a strip mall. Pete, her neighbor, 
saw a for sale sign at the strip mall and wants her to make an offer on the property on his behalf. Jersey 
considers her personal i...
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Gold Coast 45 Hour Exam Questions (exam version H 2023) Answer Key at the end
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Gold Coast 45 Hour Exam Questions (exam version H 2023) Answer Key at the end 
Gold Coast 45 Hour Exam Questions (exam 
version H 2023) Answer Key at the end 
Property managers who are employed and compensated by community 
associations are required to obtain and maintain which type of license? 
CAM 
What term is used for the practice of specializing in one particular residential 
neighborhood or type of property? 
Farming 
upon closing a sales transaction who pays the sales associate their ...
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