Broker Study guides, Class notes & Summaries
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Real Estate U Final Exam Questions And Answers 2024/2025
- Exam (elaborations) • 58 pages • 2023
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Real Estate U Final Exam Questions And Answers 2024/2025 
 
Article 12-A of the NYS Real Property Law Answer: The section of the New York Real Property Law pertaining to real estate salespersons and brokers. 
 
- Primary purpose is to "Protect the Public" 
- Requires a salesperson to be at least 18 years of age 
- Requires a broker to be at least 20 years of age 
 
Sponsor broker Answer: A licensed real estate broker that holds the license of a salesperson 
 
"Summary of Your Submission" Answer:...
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OMVIC Chapter 1-18/ 58 Questions and Answers 2023
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1.	What is the primary legislation governing Ontario's retail automotive sec- tor?: Moter Vehicle Dealers Act, 2002 
2.	Which body or agency enforces MVDA?: OMVIC 
3.	List Three Functions carried out by OMVIC: 1) Administers and enforces the MVDA 
2)	Inspects dealers 
3)	Maintains a complaint line for consumers 
4)	Conducts investigations 
5)	Conducts disciplinary hearings 
6)	Conducts prosecutions 
7)	Administers the Compensation Fund 
4.	How many people compose OMVICS board of directors? How m...
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NY Life, Accident, and Health Insurance Agent/Broker Exam Series 17-55 actual exam
- Exam (elaborations) • 45 pages • 2024
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NY Life, Accident, and Health Insurance 
Agent/Broker Exam Series 17-55 actual 
exam 
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 sublicensee must be 18 years of age or older at the time of issuance of such licens...
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Dubai RERA Broker Exam 2024 with 100% correct answers
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Which law applies to 
Land Registration & Ownership (Role of DLD) - correct answer Law No. 7/2006 
 
Which law applies to 
Designated Areas 
(Freehold vs Leasehold for non GCC) - correct answer Regulation No. 3 of 2006 
 
Which law applies to 
Regulation of Real Estate Brokers - correct answer Law No. 85/2006 
 
Which law applies to 
Establishment of RERA - correct answer Law No. 16/2007 
 
Which law applies to 
Escrow Accounts - correct answer Law No. 8/2007 
 
Which law applies ...
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RECA Fundamentals of Mortgage Brokerage Exam Questions and Answers 2023-2024.
- Exam (elaborations) • 48 pages • 2023
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RECA Fundamentals of Mortgage Brokerage Exam Questions and Answers 2023-2024. 
Fiduciary Representation - Trust and confidence 
- Best interests 
- Loyalty 
5 Ds of Role Clarity 1. Discuss 
2. Determine 
3. Document 
4. Disclose 
5. Do 
Must disclose in writing - the nature of services provided 
- whether professional has entered into representation relationship with other party 
- any conflicts of interest 
- any other facts that may influence consumers decision to proceed with relationship 
ma...
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Dubai RERA Broker Exam 2023 with 100% correct answers
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Which law applies to 
Designated Areas 
(Freehold vs Leasehold for non GCC) 
Regulation No. 3 of 2006 
 
 
 
Which law applies to 
Regulation of Real Estate Brokers 
Law No. 85/2006 
 
 
 
Which law applies to 
Land Registration & Ownership (Role of DLD) 
Law No. 7/2006 
 
 
 
Which law applies to 
Establishment of RERA 
Law No. 16/2007 
 
 
 
Which law applies to 
Escrow Accounts 
Law No. 8/2007 
 
 
 
Which law applies to 
Tenancy Law 
Law No. 26/2007 
Law No. 33/2008 (amendment) 
 
 
 
Which ...
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NY Life, Accident, and Health Insurance Agent/Broker Exam Series 17-55| 200 QUESTIONS| GRADED A
- Exam (elaborations) • 44 pages • 2022
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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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AYPO - Oregon Real Estate Broker License Education Review Questions and Answers 100% Correct
- Exam (elaborations) • 48 pages • 2024
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AYPO - Oregon Real Estate Broker License Education Review Questions and Answers 100% CorrectAYPO - Oregon Real Estate Broker License Education Review Questions and Answers 100% CorrectAYPO - Oregon Real Estate Broker License Education Review Questions and Answers 100% Correct 
 
 
What is a tax allocation district? - ANSWER-A district where property is charged a higher property tax in order to build infrastructure for that area 
 
Which of the following is a factor that affects accessibility? 
a...
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NCREL Post Licensing 301 Broker Relationships and Responsibilities | Questions with 100% Correct Answers | Verified | Latest Update 2024
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A seller's agent or sub-agent must initially disclose her agent status to a prospective buyer when? - 
Before buyer and agent discuss motivation or financial information. 
What fiduciary duties are owed to principals? - Obey, Loyalty, Disclosure, Confidentiality, Accounting, 
& Reasonable care 
(OLD CAR) 
As a dual agent, my fiduciary responsibilities are reduced to the buyer and seller under what agency? - 
Dual Agency - agent cannot advise or council 
Material facts which must be disclosed - ...
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Real Estate Brokerage SAE - Champion's School of Real Estate Questions And Answers 2023
- Exam (elaborations) • 29 pages • 2023
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Real Estate Brokerage SAE - Champion's School of Real Estate Questions And Answers 2023
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NY Life, Accident, and Health Insurance Agent/Broker Exam Series 17-55 Questions & Answers 2023 ( A+ GRADED 100% VERIFIED)
- Exam (elaborations) • 53 pages • 2023
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NY Life, Accident, and Health Insurance Agent/Broker Exam Series 17-55 Questions & Answers 2023 ( A+ GRADED 100% VERIFIED)
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WA Surplus Lines Broker Exam Correct Questions & Answers(GRADED A)
- Exam (elaborations) • 18 pages • 2023
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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...