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Advanced Real Estate Specimen Assessment Points to note PART 1: MULTIPLE CHOICE QUESTIONS. For your MCQ answers, make sure you follow the instructions and rubric when choosing your answer (e. which answer is RIGHT or WRONG; CORRECT or INCORRECT; MOST APPROPRIATE or LEAST APPROPRIATE; CORRECT COMBINATIONS of answers etc.)
*Please note that the written answers have been improved after receiving feedback. MOCK EXAMINATION (OPEN BOOK) REAL ESTATE. Facts relevant to Questions 1 and 2. You are a trainee solicitor in the Real Estate Department of Gibson & Weldon LLP (‘’G&W’’).
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Under the Real Estate and Business Brokers Act (REBBA), which of the following is considered an agent of the client? A. A real estate salesperson. B. A real estate broker. C. A real estate brokerage. D. A broker designated as Broker of Record.
Jun 15, 2021 · 40 Common Real Estate Abbreviations and Acronyms. Written by MasterClass. Last updated: Jun 15, 2021 • 7 min read. The real estate industry uses several unique acronyms and abbreviations. Understanding these terms can be beneficial for buyers and sellers.
In this playlist, study specific real estate concepts you need to know for the real estate exam. Learn about property rights, contract clauses, government powers, agency relationships, and so much more.
Those are the 4 acronyms you must know to pass your exam. Pass your real estate exam with PrepAgent's online practice tests, animated videos, live online webinars, audio lessons, online flashcards, and more.
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1. Brokerage definition... the business practice of bringing together the parties in a practice. 2. What are two examples of special use property? schools and cemetary. 3. What is an example of functional obsolescence? bathroom. 4. Principal definition...