Warning: "continue" targeting switch is equivalent to "break". Did you mean to use "continue 2"? in /homepages/11/d674236161/htdocs/app686050673/wp-content/plugins/jetpack/_inc/lib/class.media-summary.php on line 77

Warning: "continue" targeting switch is equivalent to "break". Did you mean to use "continue 2"? in /homepages/11/d674236161/htdocs/app686050673/wp-content/plugins/jetpack/_inc/lib/class.media-summary.php on line 87

Warning: session_start(): Cannot start session when headers already sent in /homepages/11/d674236161/htdocs/app686050673/wp-content/plugins/qwiz-online-quizzes-and-flashcards/qwiz_admin.php on line 1025
Principles of Real Estate 2 – Practice Test 2 – Certify On The Fly
Warning: count(): Parameter must be an array or an object that implements Countable in /homepages/11/d674236161/htdocs/app686050673/wp-includes/post-template.php on line 284
Certify On The Fly

Principles of Real Estate 2 – Practice Test 2

May 6, 2017 Leave a Comment Written by MrBeeToe

Principles of Real Estate 2 – Practice Test 2

Welcome to your Principles of Real Estate 2 - Practice Test 2

The Landlord and Tenant Act:
A lease for a period of more than one year must be in writing to comply with the _______.
John owns 787,253 square feet of land. How many acres does he own?
A property manager's responsibility is to:
The Loan Estimate form replaces which of the following forms?
When a grantor transfers title, but retains some rights this is called:
_______ is the process of dividing expenses such as property taxes and Property Owner Association fees between the buyer and seller at closing:
A house sold for $100,000. The loan amount was $80,000. The borrower paid 3 points. How much did the borrower pay in points?
The property manager is most often an employee or:
A handwritten will is called:
A buyer who wants to ensure that he is receiving good title should request:
The quarterly interest payment on a loan is $4,000. The interest rate is 5%. What is the loan amount?
For a valid and properly prepared deed to transfer or convey title it:
The _______ is an instrument or conveyance used to create a leasehold estate.
The property tax bill for 406 Sterling Street is $18,250.40 for the year. The property is sold and closing is set for December 12th. Calculate the tax proration and debits and credits.
The assessed value of a property is $90,000. The tax rate is $3.42 per hundred. What are the annual taxes?
A yearly tax bill is $8,788 and has not been paid. The property has sold and closing is May 30th. How much will be owed at closing for taxes? (Use a 365 day year, round to the nearest dollar and seller pays for closing day.)
The property manager's employment contract is the:
A statement of the condition of title at a moment in time is called:
Deeds require:
Which of the following is one of the four leasehold estates?
Involuntary alienation can be the result of all of the following EXCEPT:
The listing broker's half of a commission was $4,392. The commission rate was 5%. What was the sale price of the property?
If an individual dies without a will:
RESPA regulates closing on:
A property is listed for $399,500. It sells for $395,600. The listing broker negotiated a 5% commission and agreed to keep 2% and give the selling broker 3%. How much did the selling broker receive?

Uncategorized

Leave a Reply

Your email address will not be published. Required fields are marked *